CDFI, Loan

CDFI, Loan

North America

North America

OPEN

OPEN

GRANT · HOW TO WIN THIS

CTA-74th St.Depot Federal Credit Union

CTA-74th St.Depot Federal Credit Union

Varies; no stated minimum or maximum loan amount.

·

Rolling — no set deadline, applications accepted on an ongoing basis.

AMOUNT

Varies; no stated minimum or maximum loan amount.

AMOUNT

Varies; no stated minimum or maximum loan amount.

DEADLINE

Rolling — no set deadline, applications accepted on an ongoing basis.

DEADLINE

Rolling — no set deadline, applications accepted on an ongoing basis.

FUNDING TYPE

CDFI, Loan

CAN YOU GET THIS?

This is a CDFI credit union offering loans to small businesses and startups, likely requiring membership.

This is a CDFI credit union offering loans to small businesses and startups, likely requiring membership.

CTA 74th Street Depot Federal Credit Union is based in Chicago, IL and has served members since 1937. Loan rates vary based on creditworthiness and term.

CTA 74th Street Depot Federal Credit Union is based in Chicago, IL and has served members since 1937. Loan rates vary based on creditworthiness and term.

YOUR REAL ODDS

No public data on approval rates, but as a small community credit union, competition is likely lower than major lenders.

Loan decisions appear to be credit-based. As a CDFI, the institution is oriented toward community lending, which may mean more flexibility than traditional banks.

WHAT IT TAKES

  1. Confirm membership eligibility and join if needed — 1-3 days

  2. Contact the credit union to discuss loan options — 1 day

  3. Submit a loan application — 1-2 weeks

WORTH KNOWING

Rates are based on creditworthiness and term, so having solid credit documentation ready before you call will speed up the process.

This is 1 of 1,600+ open opportunities.

This is 1 of 1,600+ open opportunities.

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