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CoVantage Credit Union
CoVantage Credit Union
Amount
Varies
Deadline
Rolling
Odds
Not published
Effort
1 day
Can you get this?
✓Open to all regardless of wealth
✓Serves MI, WI, and IL members
✓Membership required to access products
Your real odds
Approval rates and annual loan volume are not published anywhere on the site.
As a CDFI-affiliated credit union with a stated mission to serve members regardless of wealth, CoVantage reads as more accessible than a traditional bank, but they have not published their specific approval criteria or rates.
What it takes
Confirm service area and join as member1 day
Contact Business Lending Team1 to 3 days
Apply for a business loan1 to 2 wks
Worth knowing
CoVantage explicitly states they work with members experiencing financial challenges, so if your credit history or business stage would disqualify you at a conventional bank, this is the lender worth approaching first.
What else do you qualify for?
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Select all three to see your result.
$50B+ in available capital across grants, VC funds, CDFIs, and accelerators. Filter by your industry, stage, and region, and see everything you qualify for.
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$19/month · cancel anytime