Frequently asked questions.
Quick answers to the most common inquiries from our community.
What is a CDFI?
Community Development Financial Institutions (CDFI) are specialized, mission-driven financial organizations certified by the U.S. Department of the Treasury to provide fair, responsible financing to underserved, low-income, or rural communities.
Who is eligible for funding through Entre Capital?
Entre Capital provides business capital exclusively to justice-impacted entrepreneurs.
To be eligible, applicants must:
- Have a prior criminal record
- Have a business that is registered in the state of Texas
- Demonstrate commitment to growth and sustainability
- Be willing to engage in coaching and technical assistance
- Have a viable business plan
We review each application holistically, looking beyond credit scores to understand the full story of the entrepreneur and their business. Our goal is not just to provide funding, but to support long-term business success.
What is the Loan Readiness Assessment?
The Loan Readiness Assessment (LRA) is our first step in understanding your business, goals, and financing needs. It is not a loan application; it is a readiness assessment designed to help us understand your business and determine the next best step.
The LRA helps us:
- Evaluate your current financial position
- Identify strengths and potential gaps
- Determine whether you are ready for funding now or would benefit from additional preparation
- Provide additional resources tailored to the client
Do I have to complete the Business Growth Accelerator to receive a loan?
Not always. Some entrepreneurs are ready to apply for funding after completing the Loan Readiness Assessment and follow-up conversations. Others may benefit from participating in our Business Growth Accelerator to strengthen financials, refine strategy, or build operational systems before receiving capital.
Our goal is not just to fund businesses, but to fund businesses positioned to succeed.
What types of loans does Entre Capital offer?
Entre Capital provides small business loans designed to support growth, stability, and long-term sustainability. Loan terms, amounts, and eligibility vary based on business needs and readiness. We work closely with each entrepreneur to structure funding responsibly. See loan details.
How long is the loan process?
The process begins with completion of the Loan Readiness Assessment (LRA). Once submitted, we typically review the assessment and provide feedback within one to two weeks.
Based on the results, qualified applicants may be invited to submit a full loan application.
Once the application is completed and all required documentation is received, our lending team starts their review.
Overall timelines vary depending on the borrower’s readiness, documentation, complexity of the request, and any additional review that may be required. Factors such as third-party verification, investor involvement, asset purchases, or external timing considerations can extend the process.
How can I support Entre Capital?
There are several ways to support our mission:
- Become a volunteer business coach
- Make a financial contribution
- Sponsor an event or program
- Partner with us as a corporate or community organization
- Refer entrepreneurs who could benefit from our programs
Every contribution, time, talent, or treasure, helps expand economic opportunity and empower entrepreneurs to thrive.
Can’t find what you’re looking for?
Our team is ready to dive deeper.
Ready to give back?
Your support helps us: deliver competitively priced loan products combined with business mentoring and developmental assistance; create pathways to financial independence for individuals committed to turning their lives around; and strengthen communities by fostering inclusive economic development. Donate today.
Nondiscrimination & language assistance
In accordance with federal laws and U.S. Department of the Treasury policy, this organization is prohibited from discriminating on the basis of race, color, national origin, sex, age, or disability. To file a complaint of discrimination, write to: U.S. Department of the Treasury, Director, Office of Civil Rights and Equal Employment Opportunity, 1500 Pennsylvania Avenue, N.W., Washington, DC 20220; call (202) 622-1160; or send an e-mail to: crcomplaints@treasury.gov.
Si habla un idioma que no sea inglés, los servicios de asistencia con el idioma, sin cargo, están disponibles para usted. Envíe un correo electrónico a LAPHelp@entrecapital.com.
