The GoWest Foundation is initiating this Request for Credit Union Participation to solicit applications from eligible credit unions interested in participating in the Credit Building Pilot Program (CBPP). GoWest Foundation has been contracted by the Washington Department of Commerce utilizing federal State & Local Fiscal Recovery Funds (SLFRF) pandemic relief dollars. GoWest is seeking credit unions that will serve as lenders for the product offered through the Credit Building Pilot Program, called the Small Business Resiliency Loan. The Small Business Resiliency Loan is intended to help Washington small businesses and entrepreneurs furthest from opportunity access capital and build their credit.
Please review all documents provided under the “Documents” section of this page before submitting your credit union’s application. Priority consideration will be given to applications received before 11:59 PM PST on February 2, 2024.
We invite you to join one of two informal Q&A sessions, where the team will be available to answer your questions. Please register using the following links:
• Session 1: January 25, 2024 – 3:00 to 4:00 PM PST
• Session 2: February 1, 2024 – 10:00 to 11:00 AM PST