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Caribe Federal Credit Union
Caribe Federal Credit Union
Amount
Varies
Deadline
Rolling
Odds
Not published
Effort
1 to 3 days
Can you get this?
✓Business loans available to members
✓Membership required to access loans
✓Based in Puerto Rico
✓Business accounts available for companies
Your real odds
No public approval rate data exists, but as a CDFI credit union Caribe Federal is built to serve borrowers who don't fit traditional bank criteria, with business loan rates starting at 9.00% APR.
Applications are rolling with no deadline, so timing is not a constraint, and loan amounts are not publicly listed, meaning you will need to contact them directly to understand what you can actually access.
What it takes
Join Caribe Federal Credit Union1 to 3 days
Complete application and gather documents1 to 2 wks
Submit application and await decision1 to 3 wks
Worth knowing
CDFI credit unions typically use more flexible underwriting than conventional banks, so if you have already been turned down by a traditional lender in Puerto Rico, Caribe Federal is worth the conversation.
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