At a glance
From its website, read 2 Nov 2026Redbud Financial Alternatives, Inc. is a loan fund based in Hazard, Kentucky. Its website describes auto loans and personal loans. Where it lends: Breathitt, Knott, Leslie, Perry and surrounding counties in Eastern Kentucky. It says it considers borrowers with low or no credit history.
Each point is backed by a quote further down this page. Terms change: confirm with the lender.
How to reach them and apply
| Main | (606) 716-6100 source |
|---|---|
| Website | www.redbudfinancialalternatives.org |
| Office (official list) | PO Box 7363, Hazard, KY 41702 |
What their website says about applying
At this time, applications for this product are only accepted in person. Please contact us to set up an application meeting.
source
Phone numbers and addresses are the ones on the lender's own site and the CDFI Fund list. CDFI Atlas does not take applications.
Rates and terms they state
Read 2 Nov 2026| Loan | Stated | Text on the lender's site (verbatim) | Page |
|---|---|---|---|
| Home repair / improvement loans | Term: see their wording | Loans of up to $3,000 over 18 months are available. | source |
| Personal / consumer loans | Term: see their wording | 24 - 36 Months | source |
As published on the lender's website on that date, not an offer or a quote. Your rate depends on the lender's review. A missing rate means the pages we read did not state one. For consumer loans we repeat a rate only when the lender states it as an APR (annual percentage rate, which includes fees); otherwise read the lender's own wording and ask for the APR.
Who qualifies, in their words
- Low or damaged credit considered
Redbud is able to work with people banks might normally turn down while offering better rates and more flexible terms than a finance company.
source
Only rules the lender's own pages state. Other requirements may apply.
Official record
CDFI Fund list, 21 Oct 2026| Institution type | Loan fund |
|---|---|
| Native CDFI | No |
| Date certified (as listed) | 12 Aug 2026 |
| RSSD ID | — (none listed) |
| Address | PO Box 7363, Hazard, KY 41702 |
| Website | www.redbudfinancialalternatives.org |
Head officeBranch or officeApproximate (ZIP code area)
Map data © OpenStreetMap contributors, © OpenMapTiles, tiles OpenFreeMap. Head-office points: U.S. Census Bureau geocoder.
Loans and eligibility
Verified from lender site on 2 Nov 2026Read from 7 pages of the lender's website on 2 Nov 2026. Quotes are verbatim. Extracted with AI help from the pages listed below and checked automatically against them. Not reviewed by a person. Confidence: medium. Emergency and debt consolidation loans appear only as menu labels with no terms, so they were omitted; the HDA Homeowner Repair Loan was omitted as an affiliate product that applies only in person. Terms change — confirm with the lender before applying.
| Product | Amount stated | Text on the lender's site (verbatim, incl. menu labels) | Page |
|---|---|---|---|
| Auto / vehicle loans | — | Whether you’re looking to buy a new car or refinance an existing car loan that is charging too much in interest and fees, Redbud’s Auto Loans can help. | source |
| Personal / consumer loans | $1,500 – $7,500 | $1,500 - $7,500 | source |
Loan sizes
$1,500 - $7,500
source
Service area
Breathitt, Knott, Leslie, Perry and surrounding counties in Eastern Kentucky
Fair lending in Breathitt, Knott, Leslie, Perry and surrounding counties in Eastern Kentucky.
source
Counties this matches: Breathitt County, KY, Knott County, KY, Leslie County, KY, Perry County, KY
Borrower focus
- Not stated on the pages we read.
Languages
- No non-English service found on the pages we read.
Online application
No online application link found on the pages we read.
Pages read (7)
- https://redbudfinancialalternatives.org/
- https://redbudfinancialalternatives.org/2026/06/22/redbud-financial-alternatives-and-housing-development-alliance-to-operate-independently-beginning-july-1/
- https://redbudfinancialalternatives.org/loan-programs/hda-homeowner-repair-loan/
- https://redbudfinancialalternatives.org/auto-loan/
- https://redbudfinancialalternatives.org/loan-programs/
- https://redbudfinancialalternatives.org/personal-loan/
- https://redbudfinancialalternatives.org/financial-education/
Questions to ask when you contact them
Based on what their website said when we read it on 2 Nov 2026, and what it left out. Something missing here does not mean they don't offer it: ask.
- What are the smallest and the largest loans you make?
No loan amounts are stated on their website. - What is the APR, including fees, on your auto loans and personal loans?
Their website does not state an APR. The APR includes fees, so it is the number to compare. - Can I apply online, or do I need to call or visit?
We found no online application on their website. - What documents will you need from me, and how long does a decision usually take?
Their website describes some application steps (above); ask for the full document list.
Write down the answers, who you spoke to and the date, and ask for the terms in writing before you sign.
CDFI Fund awards
CDFI Fund database, 3 Nov 2026$575,000 in 4 awards from the U.S. Treasury's CDFI Fund, 2016–2021 (CDFI Program, Financial Assistance; CDFI Program, Technical Assistance; CDFI Rapid Response Program).
| Round year | Program | Amount |
|---|---|---|
| 2021 | CDFI Rapid Response Program | $200,000 |
| 2020 | CDFI Program, Technical Assistance | $125,000 |
| 2018 | CDFI Program, Financial Assistance | $125,000 |
| 2016 | CDFI Program, Technical Assistance | $125,000 |
These are awards and investments made to the institution itself to build its capital and capacity. They are not loans to borrowers, and an award does not mean the lender has money available for a particular loan today.
Source: CDFI Fund Searchable Awards Database, all 12,628 award records (1996–2025), read 3 Nov 2026. Years are the award round as the database lists it. Matched to the official CDFI list by exact name and state; see the method on the About page.
Size of the fund (IRS Form 990)
Fiscal year ending Jun 2023| Total assets | $2.4M |
|---|---|
| Total liabilities | $1.3M |
| Net assets | $1M |
| Total revenue | $472,057 |
| Notes and loans receivable, net (Part X line 7) | $912,439 |
End-of-year figures from the Form 990 this organisation filed with the IRS for the fiscal year ending June 2023 (tax year 2022; EIN 47-2214397, filed as “REDBUD FINANCIAL ALTERNATIVES INC”), taken from the IRS Annual Extract of Tax-Exempt Organization Financial Data (returns processed in 2024). Figures are self-reported to the IRS, not audited by us, and lag one to two years behind today. The lender’s own annual report may show newer numbers. This organisation’s filings on ProPublica Nonprofit Explorer
Filings over time
| Fiscal year ending | Total assets | Net assets | Revenue | Notes and loans receivable |
|---|---|---|---|---|
| Jun 2021 (990) | $948,004 | $577,448 | $335,489 | $195,291 |
| Jun 2022 (990) | $1.4M | $887,479 | $543,235 | $540,729 |
| Jun 2023 (990) | $2.4M | $1M | $472,057 | $912,439 |
Total assets grew 153% from Jun 2021 to Jun 2023; notes and loans receivable rose 367%. One row per fiscal year in the IRS extracts of returns processed in 2022, 2023, 2024; “—” = the line was empty or zero on that return (a fund can book its loans on other lines).
How it compares
Computed from public data| Measure | This lender | Compared with |
|---|---|---|
| Total assets, latest IRS Form 990 | $2.4M | Larger than 0% of the 9 other certified loan funds and venture funds in Kentucky with a matched Form 990 (median $30.3M). |
How these comparisons were worked out
| Measure | Peer group (this lender left out) | Peers | Where this lender sits |
|---|---|---|---|
| Form 990 total assets | certified loan and venture funds with a Form 990, in Kentucky | 9 | larger than 0% |
“Larger than X%” = the share of the peer group with a smaller value. Ranks count from the largest. Peer groups use the lender's home state when it has at least 5 peers, otherwise the whole country. Full definitions: methodology.
For comparison, not an offer and not a rating. Past records show what this lender did, not what you would be offered. Peer groups and sources: methodology. Form 990 figures: IRS annual extracts (see the Form 990 section).
Other certified CDFIs in Hazard and Kentucky
- Catalytic Development Funding Corp. of Northern KentuckyLoan fund · Covington, KYCommercial real estate loans, Affordable housing development loansVerified
- Community Ventures Corporation, Inc.Loan fund · Lexington, KYSBA-backed loans (7(a)/504/Community Advantage), Small-business loansVerified
- Frontier Housing, Inc.Loan fund · Morehead, KYHome repair / improvement loans, Home mortgagesVerified
- Kentucky Highlands Investment CorporationLoan fund · London, KYAgriculture / farm loans, Equipment loans, Microloans, Small-business loansVerified
- Louisville Housing Opportunities and Micro-Enterprise Community Development Loan Fund, Inc., TheLoan fund · Louisville, KYSmall-dollar / emergency loans, Energy / solar / efficiency loans, Home repair / improvement loans, Small-business loansVerified
- Mountain Association for Community Economic Development, Inc.Loan fund · Berea, KYSmall-dollar / emergency loans, Energy / solar / efficiency loans, SBA-backed loans (7(a)/504/Community Advantage), Small-business loansVerified
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