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Working Solutions — CDFI Small Business Loans

Working Solutions CDFI

$5,000–$100,000

The short version

The Bay Area's most accessible CDFI lender — no credit minimum, ITIN OK

Working Solutions is a nonprofit CDFI based in San Francisco, serving small businesses across the nine San Francisco Bay Area counties and select California geographies. It provides fixed-rate loans of $5,000–$100,000 with no minimum credit score, no revenue threshold, and no collateral requirement. ITIN is accepted in lieu of SSN, and the program is open regardless of citizenship or immigration status — making it one of the most accessible small business lenders in California. Every loan is paired with free one-on-one business consulting. The program specializes in startup and early-stage businesses owned by people of color, women, and lower-income entrepreneurs.

Funding type
Loan
Level
Private
Amount range
$5,000 – $100,000
Realistic amount
Typical loan is $10,000–$50,000. Startup businesses in the $5,000–$25,000 range are common. Select local partnership pro…
Deadline
Rolling — applications accepted year-round.
Status
active
States
CA
Payment model
loan

Who qualifies

Hard requirements

What it covers

Eligible expenses

  • Startup costs
  • Working capital and operating expenses
  • Inventory
  • Equipment and tools
  • Leasehold improvements
  • Refinancing of predatory business debt (prior high-cost loans)

Ineligible expenses

  • Personal expenses unrelated to the business
  • Certain restricted industries (see workingsolutions.org Terms & Eligibility)
  • Speculative real estate investment

How to apply

  1. 1

    Submit a loan inquiry online

    Visit workingsolutions.org/loan-program and submit the loan inquiry form. Provide basic business information, requested loan amount, and intended use. Takes approximately 15–20 minutes.

    ~0.25 hrs

  2. 2

    Complete the full loan application

    Working Solutions will send you a complete loan application after your inquiry is reviewed. The full application includes business history, financial information, and the planned use of funds. All owners with 20%+ equity must be listed.

    ~2 hrs

  3. 3

    Upload supporting documents

    Working Solutions will request: government-issued ID (SSN or ITIN accepted), 3–6 months of business bank statements, most recent year's business tax return or YTD profit & loss statement. Specific requests vary based on loan size and business stage.

    ~2 hrs

  4. 4

    Loan review and decision

    Working Solutions reviews your application, typically 2–4 weeks from submission of a complete file. A free business consultant is assigned during this process to provide guidance.

    ~0.5 hrs

  5. 5

    Sign loan documents and receive funds

    Upon approval, sign loan documents (including $5 UCC filing fee and 5% closing fee at signing). Funds disbursed within 1–2 weeks. Free consulting continues post-loan.

    ~1 hrs

Insider tip

Working Solutions is genuinely immigration-status-agnostic — they accept ITIN and explicitly welcome undocumented founders, making this unique among California CDFI lenders. The 5% closing fee at signing reduces effective capital received (a $50K loan nets $47,500 after fees), so factor that into your request amount.

Deadline & timing

Working Solutions accepts applications on a rolling basis. Timeline from application inquiry to funding is typically 2–6 weeks, with funds disbursed within 1–2 weeks of approval.

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Last reviewed 2026. GrantCompass is an independent funding-discovery tool and is not affiliated with any government agency. Always confirm details on the official program page.