350 Small Business Grants of $5,000
Program Timeline
- Applications Open on March 20, 2023
- Applications Close on April 7, 2023
- $5,000 Grant Recipients Notified in June 2023
- Grant Reports Due by September 15, 2023
- $25,000 Enhancement Grants Announced in October 2023
Where To Find Small Business Financing
Qualifying Requirements to Open Business Account
$5.00 opening deposit
At least one individual of the organization must be a member of the Credit Union at the time of account opening
Business accounts cannot be established for Money Service Businesses (MSBs)
Whether you’re boosting cash flow, purchasing property or upgrading equipment, your business needs capital. We partner with the Small Business Administration (SBA) to make it easier for small businesses to get the funding they need.
Borrow only as much as needed, precisely when it’s needed, with a line of credit (secured or unsecured).
Lines of credit can be used for a variety of business reasons:
Working capital (short term)
Ideal for businesses with fluctuating cash flow
Short-term financing needs
Unsecured lines available from $5,000 to $200,000
True Access Capital Offers Three Loan Funds
Micro Loans – Small Business Start-Up and Expansion ($10,000 – $50,000)
Business Growth Loans – Existing Businesses Whose Capital Needs Are Larger than $250,000 ($50,000 – $500,000)
Community Development Loans – Loan Capital for Non-Profit and For-Profit, Community-Based Projects (up to $500,000)
NeighborGood Partners is A Community Development Financial Institution that was certified by the Department of Treasury in 2004.
The Loan Fund finances projects for the development of:
Affordable Housing
Community Facilities
Neighborhood Revitalization
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