the arts loan fund

Upcoming Application Deadlines

• September 30 for consideration on October 28
• October 28 for consideration on November 18
• November 25 for consideration on December 16
• December 30 for consideration on January 21

Here are the steps, and bookmark the FAQ for answers to your application questions:

1. Select the type of loan you wish to apply for
2. Complete the online application, including the upload of attachments as requested (usually board roster, proof of collateral, financial statements and other materials). Requests over $5,000 require two mandatory documents:
   a cash flow projection,
   a list of pending and confirmed funds
   
   Applicants 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 sponsorand all applications must be followed by transmission of a board resolution.
   You may have your own versions of these documents, but you must submit this information using the official ALF templates provided.
   
3. All applications received by the the last 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.
4. Complete, eligible applications are forwarded to the ALF Steering Committee for their review.
5. The Committee meets on the third Thursday of each month to review all requests. Applicants are informed of their decision shortly after the meeting.
6. Once a loan application is approved, loan funds are usually available to applicants within two business days.