Local businesses are facing unprecedented challenges as they navigate COVID-19. The Grow with Google Small Business Fund will help these businesses—especially those in distressed communities—survive this unprecedented crisis. The Fund will allow community development financial institutions (CDFIs) to support both the short-term recovery and long-term financing needs of America’s small businesses.
How Small Business Owners Can Access the Fund
CDFIs are at work in all 50 states, the District of Columbia, and Puerto Rico. Each CDFI serves a distinct market and offers distinct products and services. All share a common vision of expanding economic opportunity and improving the quality of life for underserved communities.
To find a CDFI near you, access the CDFI Locator.
The Fund will provide to CDFIs low-cost, fixed-rate loans of up to 10-year money with interest deferred in year one.
The Fund is reserved for OFN member CDFIs serving for-profit and nonprofit businesses.
The Fund has not yet opened for applications. Check back soon for more information.
If you wish to express interest in applying for financing from this Fund, please fill out this form.
If you wish to become an OFN member, learn about eligibility and access an application form.