GRANT · HOW TO WIN THIS
Varies by loan type; rates start at 3.00% APR (Credit Builder) to 13.00% APR (personal loans).
Rolling — no deadline, applications accepted anytime.
FUNDING TYPE
CDFI, Loan
CAN YOU GET THIS?
YOUR REAL ODDS
Loan approval depends on your creditworthiness and the specific loan type, not a competitive grant selection process.
This is a lending institution, not a grant program. Applications are reviewed on a rolling basis, so there is no fixed pool of winners or application window to compete against.
WHAT IT TAKES
Confirm membership eligibility and open a membership account (minimum $5 deposit) — 1-2 days
Identify the right loan product (auto, personal, home, or credit builder) and apply online or in branch — 1-3 days
Await loan decision and review terms — Varies by loan type
WORTH KNOWING
They offer a Credit Builder Loan at rates as low as 3.00% APR, which may be useful for early-stage founders with limited credit history.
MORE LIKE THIS
Community 1st Credit Union
Varies; loan terms depend on business type and credit profile.
Iowa-based small businesses and startups can apply for business loans through this CDFI credit union on a rolling basis.
Afena Federal Credit Union
Varies; personal and business loans from $200 up to undisclosed amounts depending on product.
Small businesses and startups in Indiana can access loans through this CDFI credit union, with no stated identity restrictions.
The Bridgeway Federal Credit Union
Varies; specific loan amounts not published.
Small businesses and startups in Alabama can apply for loans on a rolling basis through this CDFI credit union.
$50B+ in available capital across grants, VC funds, CDFIs, and accelerators. Filter by your industry, stage, and region, and see everything you qualify for.
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$19/month · cancel anytime