The Neighborhood Progress Fund is a business loan from Neighborhood Progress Fund. The ongoing APR is 6%-8% interest rate. Approval typically requires a credit score of Although we don’t have a minimum credit score and seek to partner with entrepreneurs and businesses that struggle to qualify for traditional loans, we use the credit report as a component of our analysis. or higher. Typical credit limit: $50,000–$250,000. Loan terms: Up to 7 year term.