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Eligibility Requirements
   
  Business Lending - The Coastal Way
   
  Start Up / Venture Capital Loan Requests
   
  Business Auto Loans
   
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  Business Development Team / Select Employee Groups
   
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  Small Business Links
   

 

Lending Eligibility Requirements

To be eligible for a Coastal Member Business Loan, you must provide us with the following:

  • Proof of existing business membership or approved Select Employee Group status
  • Minimum twelve consecutive months financial history
  • Your Coastal business membership account number
  • A copy of your Federal Tax Identification number
  • A copy of all appropriate legal documents (Articles, Bylaws, Operating Statements, Partnership Agreements, etc.).

If you are an existing Coastal member and have no business financial history, explore Coastal’s Start-Up/Venture Capital Loan Program. With the help of the U.S. Small Business Administration (SBA), Coastal provides this possible means to convert an idea into business reality.

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Members' accounts are insured by the National Credit Union Administration (NCUA) up to $100,000 (IRA accounts are insured up to $250,000). Equal Housing Lender. Penalty for early withdrawal from Certificate Accounts. Rates subject to change daily. Terms and Conditions do apply. » indicates a 3rd party link. © 2008 Coastal Federal Credit Union All rights reserved.
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