At a glance
From its website, read 2 Nov 2026Rende Progress Capital is a loan fund based in East Lansing, Michigan. Its website describes small-business loans. Where it lends: West Michigan, Kalamazoo, Holland, Muskegon and other areas in Michigan at lender's discretion. You can start an application online. It serves borrowers in Spanish.
Each point is backed by a quote further down this page. Terms change: confirm with the lender.
How to reach them and apply
| Main | (616) 359-3024 source |
|---|---|
| contact@rendeprogresscapital.com source | |
| Apply online | Page with the application link |
| Website | www.rendeprogresscapital.com |
| Office (official list) | 2843 E. Grand River, #132, East Lansing, MI 48823 |
What their website says about applying
please book a call to discuss your needs and complete Pre-Loan Application to ensure we learn relavant details about your business.
sourceApplicants must provide financial statements/tax information, business plan, proof of business insurance, and other information for an informed decision.
sourcePlease visit the RPC loan application portal or contact our team at contact@rendeprogresscapital.com to learn more.
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 |
|---|---|---|---|
| Small-business loans | Term: 12 mo–3 yr | RPC Standard Loan terms can range from 12 months to 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
- Business plan required
Applicants must provide financial statements/tax information, business plan, proof of business insurance, and other information for an informed decision.
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) | 8 Jul 2026 |
| RSSD ID | — (none listed) |
| Address | 2843 E. Grand River, #132, East Lansing, MI 48823 Directions (Google Maps) |
| Website | www.rendeprogresscapital.com |
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. No loan amounts are stated on the pages, and the only loan product named is the standard business loan. Terms change — confirm with the lender before applying.
| Product | Amount stated | Text on the lender's site (verbatim, incl. menu labels) | Page |
|---|---|---|---|
| Small-business loans | — | RPC standard loans are our main financial product that we use to invest in businesses owned by Underrepresented Entrepreneurs. | source |
Loan sizes
No amounts stated on the pages we read.
Service area
West Michigan, Kalamazoo, Holland, Muskegon and other areas in Michigan at lender's discretion
The market lending area at this time is West Michigan, Kalamazoo, Holland, Muskegon and other areas in the state at RPC’s discretion.
source
Counties this matches: Kalamazoo County, MI, Muskegon County, MI, Ottawa County, MI
Borrower focus
- Startups
RPC supports promising start-ups and existing businesses with loans.
source
Languages
- Spanish
Para solicitantes que hablan Español
source
Online application
Yes — the site links to an application. Apply for a Loan Today
source
Pages read (7)
- https://www.rendeprogresscapital.com/
- https://www.rendeprogresscapital.com/services
- https://www.rendeprogresscapital.com/services?tab=standard-leding
- https://www.rendeprogresscapital.com/services?tab=technical-assistance
- https://www.rendeprogresscapital.com/faq
- https://www.rendeprogresscapital.com/about
- https://www.rendeprogresscapital.com/about?tab=clients
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 interest rate and fees should I expect on your small-business loans?
Their website does not state a rate for this. - Do you offer free coaching or help preparing my application?
CDFI certification requires development services, such as training or advice, alongside lending. - 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$375,000 in 3 awards from the U.S. Treasury's CDFI Fund, 2019–2021 (CDFI Program, Technical Assistance).
| Round year | Program | Amount |
|---|---|---|
| 2021 | CDFI Program, Technical Assistance | $125,000 |
| 2020 | CDFI Program, Technical Assistance | $125,000 |
| 2019 | 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 Dec 2023| Total assets | $3.4M |
|---|---|
| Total liabilities | $513,867 |
| Net assets | $2.9M |
| Total revenue | $814,275 |
| Notes and loans receivable, net (Part X line 7) | $433,727 |
End-of-year figures from the Form 990 this organisation filed with the IRS for the fiscal year ending December 2023 (tax year 2023; EIN 82-0689514, filed as “RENDE PROGRESS CAPITAL”), 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 |
|---|---|---|---|---|
| Dec 2022 (990) | $3M | $2.5M | $1.4M | $462,988 |
| Dec 2023 (990) | $3.4M | $2.9M | $814,275 | $433,727 |
Total assets grew 11% from Dec 2022 to Dec 2023; notes and loans receivable fell 6%. 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 | $3.4M | Larger than 19% of the 16 other certified loan funds and venture funds in Michigan with a matched Form 990 (median $8M). |
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 Michigan | 16 | larger than 19% |
“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).
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