Application Process

We accept applications on a rolling basis and follow a proven screening process designed for speed. Our full process, from inquiry to decision, typically takes four to six weeks.

1. Inquiry Submission
The process begins when you submit an inquiry through our website.
2. Initial Review
A member of our Investments Team will review the submitted inquiry and determine eligibility.
3. Initial Call
We will schedule an initial conversation to learn more about your situation and will continue our internal review.
4. Submission
Potential partners will be invited to complete a short online application.
5. Review & Revise
A member of our team will work with you to refine your application and prepare for investment committee review.
6. Final Call & Decision
Potential partners will join the investment committee for a final interview and a decision will be made within one week.

Loans: Frequently Asked Questions

Who is eligible for a loan? What are your terms?

Open Road serves both nonprofits and for-profit impact companies with a focus on climate change and inequality reduction, globally. Our funds eliminate impact and climate funding delays through fast, flexible, short-term bridge financing—enabling impact ventures, fund intermediaries, and project developers to overcome systemic bottlenecks that threaten to derail their work or delay time to impact.




  • Average loan size: $500,000, max $1M
  • Interest rates: 10-12%
  • Average term: 3-12 months
Do you charge interest? Why?

Loan interest rates range from 10-12%, depending on the relative risk of repayment. The average loan term is 9 months. By charging interest, Open Road is able to preserve the value of its capital in the face of inflation, as well as cover expected losses. Open Road Ventures is not designed to generate profits, and Open Road Impact Fund distributes below-market returns to investors.


Who are the investors?

Open Road Alliance and Open Road Ventures are solely and privately funded by its Founder, Dr. Laurie Michaels. The Open Road Impact Fund is funded by a variety of investors.