GRANT · HOW TO WIN THIS
Varies; loan amount depends on product type and creditworthiness.
Rolling — no set deadline, applications accepted year-round.
FUNDING TYPE
CDFI, Loan
CAN YOU GET THIS?
YOUR REAL ODDS
Odds depend on your creditworthiness and membership eligibility, not a competitive grant selection process.
As a credit union, approval is loan-based and assessed individually. No data is available on approval rates or volume.
WHAT IT TAKES
Confirm membership eligibility and join the credit union — 1-3 days
Contact Border FCU directly to discuss small business loan options — 1 week
Submit a loan application — 1-2 weeks
WORTH KNOWING
Border FCU offers a Credit Builder Loan starting at 15% APR, which may be useful for businesses with limited credit history looking to establish a track record before applying for larger financing.
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