4. how to apply
Upcoming Application Deadlines
- September 9 for consideration on October 7
- October 14 for consideration on November 4
- November 11 for consideration on December 2
- December 9 for consideration on January 6, 2011
Ready to apply for an ELF Loan?
Here are the steps:
- Complete the online application, including the upload of attachments as requested (usually board roster, proof of collateral, financial statements and other materials) and two mandatory documents:
a cash flow projection,
a list of pending and confirmed fundsApplicants with fiscal sponsors require:
Year to date and most current year-end financial statements from both the applying and the sponsoring organizations, and
A copy of the current fiscal sponsorship agreement between the applicant and the sponsorfollowed by transmission of a a board resolution.
You may have your own versions of these documents, but you must submit this information using the official ELF templates provided. - All applications received by the the second Thursday of the month are reviewed by the Loan Officer, who will call to conduct a phone interview with the applicant contact, executive director, or board officer. You may be asked for additional information during this review.
- Complete, eligible applications are forwarded to the ELF Steering Committee for their review.
- The Committee meets on the first Thursday of each month to review all requests. Applicants are informed of their decision shortly after the meeting.
- Once a loan application is approved, loan funds are usually available to applicants within two business days.
Ready to apply for an ELF Technical Assistance Grant?
Here are the steps:
- Complete a loan application. Technical Assistance Grants are not considered if a loan application has not been submitted. Applicants who have been approved for a loan may submit a grant application within three months of the approval.
- Then complete the online grant application which asks you to describe the specific need for technical assistance and consequences to your organization if you do not receive support.
- All applications received by the the second Thursday of the month are reviewed by the Loan Officer, who will call to conduct a phone interview with the applicant contact, executive director, or board officer. You may be asked for additional information during this review.
- Complete, eligible applications are forwarded to the ELF Steering Committee for their review.
- The Committee meets on the first Thursday of each month to review all requests. Applicants are informed of their decision shortly after the meeting.
- Once a grant application is approved, grant funds are usually available to applicants within two business days.