GRANT · HOW TO WIN THIS
Varies; business loan rate starts at 9.00% APR.
Rolling — no deadline, apply anytime.
FUNDING TYPE
CDFI, Loan
CAN YOU GET THIS?
YOUR REAL ODDS
No public data on approval rates, but as a CDFI credit union it is designed to serve underserved borrowers with competitive rates starting at 9.00% APR for business loans.
Applications are rolling with no deadline, which reduces timing pressure. Loan amounts vary and are not publicly listed, so you'll need to contact them directly to gauge fit.
WHAT IT TAKES
Become a member of Caribe Federal Credit Union — 1–3 days
Complete the business loan application and gather required documents — 1–2 weeks
Submit application and await credit decision — 1–3 weeks
WORTH KNOWING
Caribe Federal is a nonprofit CDFI credit union, which typically means more flexible underwriting than a traditional bank — worth pursuing if you've been turned down elsewhere in Puerto Rico.
MORE LIKE THIS
Community 1st Credit Union
Varies; loan terms depend on business type and credit profile.
Iowa-based small businesses and startups can apply for business loans through this CDFI credit union on a rolling basis.
Afena Federal Credit Union
Varies; personal and business loans from $200 up to undisclosed amounts depending on product.
Small businesses and startups in Indiana can access loans through this CDFI credit union, with no stated identity restrictions.
The Bridgeway Federal Credit Union
Varies; specific loan amounts not published.
Small businesses and startups in Alabama can apply for loans on a rolling basis through this CDFI credit union.
$50B+ in available capital across grants, VC funds, CDFIs, and accelerators. Filter by your industry, stage, and region, and see everything you qualify for.
Explore the funding database →
$19/month · cancel anytime