At a glance
From its website, read 2 Nov 2026Southeast Rural Community Assistance Project, Inc. is a loan fund based in Roanoke, Virginia. Its website describes home repair loans and small-business loans. Stated loan amounts run up to $100,000. Where it lends: Eligible rural areas, towns and communities in SERCAP's seven-state Southeast service area.
Each point is backed by a quote further down this page. Terms change: confirm with the lender.
How to reach them and apply
| Lending | (540) 345-1184 source |
|---|---|
| sbloans@sercap.org source | |
| Website | www.sercap.org |
| Office (official list) | 347 Campbell Avenue, Roanoke, VA 24016 |
Phone numbers and addresses are the ones on the lender's own site and the CDFI Fund list. CDFI Atlas does not take applications.
Who qualifies, in their words
- Collateral required
Loan must be secured with sufficient collateral
source - Training or counseling required
Start-up Businesses must work with their local Small Business Development Center (SBDC) or receive business development services from SCORE or SERCAP to be eligible
source - Income limit applies
Household income may not exceed the state median income limit.
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) | 17 Sep 2013 |
| RSSD ID | — (none listed) |
| Address | 347 Campbell Avenue, Roanoke, VA 24016 Directions (Google Maps) |
| Website | www.sercap.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: high. Home improvement loan amounts and the small-business loan minimum are not stated on the pages. Terms change — confirm with the lender before applying.
| Product | Amount stated | Text on the lender's site (verbatim, incl. menu labels) | Page |
|---|---|---|---|
| Home repair / improvement loans | — | SERCAP has Low interest loans and grants available to construct, refurbish or replace individual water well systems, septic systems, or home improvements. | source |
| Small-business loans | up to $100,000 | provides Small Business Loans of up to $100,000.00 to small businesses in rural communities with populations of 50,000 residents or less. | source |
Loan sizes
Existing Businesses may borrow: Up to $100,000.00 if they have been in business for at-least three (3) years, or are working with their local Small Business Development Center (SBDC).
sourceprovides Small Business Loans of up to $100,000.00 to small businesses in rural communities with populations of 50,000 residents or less.
source
Range used for the size filter: not stated to $100,000
Service area
Eligible rural areas, towns and communities in SERCAP's seven-state Southeast service area
Residence must be in an eligible rural area, town, or community in SERCAP’s seven state service area.
source
Borrower focus
- Low- and moderate-income / underserved
SERCAP’s Housing Team helps rural homeowners with low incomes repair and improve the homes they live in so they can remain safe and affordable.
source - Rural
provides Small Business Loans of up to $100,000.00 to small businesses in rural communities with populations of 50,000 residents or less.
source
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://www.sercap.org/
- https://www.sercap.org/assistance/small-businesses/small-business-loan-product
- https://sercap.org/about/who-we-serve/homeowners/home-improvement-loan-program
- https://sercap.org/assistance/small-businesses/small-business-loan-product
- https://sercap.org/get-help/homeowners/information-needed-apply-loan
- https://sercap.org/about/who-we-serve/individuals
- https://www.sercap.org/about/who-we-serve/individuals
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.
- Is there a minimum loan amount?
Their website gives a maximum ($100,000) but no minimum. - What is the APR, including fees, on your home repair loans?
Their website does not state an APR. The APR includes fees, so it is the number to compare. - What interest rate and fees should I expect on your small-business loans?
Their website does not state a rate for this. - Is there a minimum credit score, and do you consider borrowers with little or no credit history?
Their website does not say what credit history they accept. - How long can I take to repay?
No repayment terms are stated on their website. - 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?
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$1 million in 4 awards from the U.S. Treasury's CDFI Fund, 2000–2022 (4 programs).
| Round year | Program | Amount |
|---|---|---|
| 2022 | CDFI Program, Financial Assistance | $510,000 |
| 2022 | Small Dollar Loan Program | $87,738 |
| 2021 | CDFI Rapid Response Program | $375,000 |
| 2000 | CDFI Program, Technical Assistance | $28,000 |
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 Sep 2023| Total assets | $9.9M |
|---|---|
| Total liabilities | $7.7M |
| Net assets | $2.2M |
| Total revenue | $9M |
| Notes and loans receivable, net (Part X line 7) | $882,054 |
End-of-year figures from the Form 990 this organisation filed with the IRS for the fiscal year ending September 2023 (tax year 2022; EIN 54-1055050, filed as “SOUTHEAST RURAL COMMUNITY ASSISTANCE PROJECT 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 |
|---|---|---|---|---|
| Sep 2021 (990) | $8.9M | $5.5M | $6.8M | $1M |
| Sep 2022 (990) | $10.3M | $5.8M | $8.2M | $885,573 |
| Sep 2023 (990) | $9.9M | $2.2M | $9M | $882,054 |
Total assets grew 11% from Sep 2021 to Sep 2023; notes and loans receivable fell 13%. 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 |
|---|---|---|
| Largest loan its website states | $100,000 | Other loan funds whose website states a maximum: median $275,000. Higher than the stated maximum of 18% of these 184. |
| Total assets, latest IRS Form 990 | $9.9M | Larger than 46% of the 13 other certified loan funds and venture funds in Virginia with a matched Form 990 (median $11.1M). |
How these comparisons were worked out
| Measure | Peer group (this lender left out) | Peers | Where this lender sits |
|---|---|---|---|
| Largest stated loan | other loan funds stating a maximum, nationwide | 184 | higher than 18% |
| Form 990 total assets | certified loan and venture funds with a Form 990, in Virginia | 13 | larger than 46% |
“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 Roanoke and Virginia
- Business Seed Capital, Inc.Loan fund · Roanoke, VASmall-dollar / emergency loansVerified
- Freedom First Federal Credit UnionCredit union · Roanoke, VAHome repair / improvement loans, Home mortgagesVerified
- Appalachian Community Capital CorporationLoan fund · Christiansburg, VAVerified
- Bridging Virginia IncLoan fund · Richmond, VASmall-business loansVerified
- Capital Impact PartnersLoan fund · Arlington, VACommercial real estate loans, Nonprofit / community facility loansVerified
- Community Investment CollaborativeLoan fund · Charlottesville, VAMicroloans, Small-business loansVerified
Work at Southeast Rural Community Assistance Project, Inc.? Link to this page
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