Diversity Lender
Coastal Enterprises Inc. (CEI)
Small Business Loans
Loan Amount
$10K - $3M
Rate
Competitive rates
Advertiser disclosure: SupplierDiversity.com may earn a commission when you apply through links on this page. Our directory listings, rankings, and editorial coverage are independent of any commission relationship. See our editorial standards.
Program overview
How Coastal Enterprises Inc. (CEI)'s diversity lending program works.
Nonprofit CDFI founded in 1977 with roots in the civil rights movement. Builds livelihoods and wealth through equitable lending in Maine and rural regions.
Certifications accepted
Which certifications qualify a business for this program.
Coastal Enterprises Inc. (CEI)'s diversity lending program is open to businesses holding any of the certifications below. Lenders verify the certification at underwriting, so the certificate needs to be active and in good standing at the time you apply.
Underwriting requirements
Minimums Coastal Enterprises Inc. (CEI) sets at application.
Maine-based businesses. Focus on immigrant communities, rural areas, and underserved populations.
What else this certification opens
Corporate buyers that accept the same certifications.
The certifications Coastal Enterprises Inc. (CEI) accepts also unlock the corporate supplier diversity programs below. So the same certification that gets you working capital here can register you as a supplier with these companies.
Compare other lenders
Adjacent diversity lending programs.
Access to Capital for Entrepreneurs (ACE)
CDFI (Community Development)
Accion Opportunity Fund
CDFI (Community Development)
$5K - $250K
Akiptan
CDFI (Community Development)
Varies
Business Center for New Americans
CDFI (Community Development)
California Bank & Trust
Traditional Bank
Up to $10M revenue businesses
Before you borrow
Diversity lenders verify certification at underwriting.
Almost every diversity lender requires an active diverse-business certification on file before approving a loan. The quiz checks which certifications you qualify for and matches them to the lenders that recognize each one, so you can sequence the certification first and the financing second instead of getting denied at underwriting.