You are
in the market for a new or used vehicle for your business.
If you meet Coastal’s Eligibility
Requirements, a Member Business Auto Loan may be
just moments away. Download our Business
Loan Short Application Form (pdf) to apply today.
In order for Coastal to analyze your request for a Business Auto Loan, you
need to submit the following items with your completed business auto loan application:
- Two
years of business financial statements (complete federal
tax returns or two fiscal year end balance sheets and
income statements)
- Two
years personal Federal tax returns (complete with all
schedules and attachments)
- All
appropriate business
legal structure documents
- A
Copy of your taxpayer identification number
Whether
the loan transaction is a purchase, refinance or transfer
of ownership, NCUA Federal Regulatory restraints only allow
Coastal to lend 90% of the purchase price or appraised
value (whichever is less) on any vehicle in a business’s
name.
If you
prefer to qualify for 100% financing under your personal
name, apply with Coastal’s Consumer Lending Department
today. Coastal’s Consumer Lending Department is
waiting and willing to process your request. |