GRANT · HOW TO WIN THIS
Varies; loan amounts not publicly specified.
Rolling — apply any time, no set deadline.
FUNDING TYPE
CDFI, Loan
CAN YOU GET THIS?
YOUR REAL ODDS
They've funded 1,200+ businesses with a 77% rate of returning clients securing larger investments, suggesting a high approval and satisfaction rate.
A 98.5% repayment rate indicates they lend responsibly, but their community-based model suggests they work with applicants traditional banks might turn away. Rolling submissions mean no competition for a fixed pool on a deadline cycle.
WHAT IT TAKES
Review loan products on their website and confirm your business type qualifies — 30 minutes
Contact TMC directly or submit a loan application online — 1-2 hours
Work through their community-based underwriting process — Days to weeks, timing not specified
WORTH KNOWING
TMC uses community-based underwriting rather than purely credit-score-driven decisions, which may benefit founders who have been turned away by traditional lenders. They also note they hablamos español, so Spanish-speaking founders can engage in their preferred language.
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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