GRANT · HOW TO WIN THIS
Varies; specific loan amounts not publicly listed.
Rolling — no set deadline, apply anytime.
FUNDING TYPE
CDFI, Loan
CAN YOU GET THIS?
YOUR REAL ODDS
No public data on approval rates, but as a CDFI credit union, it is specifically oriented toward serving underserved and community borrowers.
Loan terms and amounts vary and are not publicly specified, so founders will need to apply or speak with a loan officer to get a real picture of what's available for their situation.
WHAT IT TAKES
Confirm membership eligibility and open an account with $5 deposit — 1 day
Gather business financials and loan documentation — 1-2 weeks
Submit business loan application online or in branch — 1 day
WORTH KNOWING
Tongass FCU operates The Commons at TFCU, a co-working and business development center for entrepreneurs and startups, which could provide useful support resources alongside any financing you pursue.
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The Bridgeway Federal Credit Union
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$19/month · cancel anytime