GRANT · HOW TO WIN THIS
Varies; commercial loan amounts not specified publicly.
Rolling — no deadline, applications accepted anytime.
FUNDING TYPE
CDFI, Loan
CAN YOU GET THIS?
YOUR REAL ODDS
Loan terms and approval rates are not publicly disclosed, but as a member-focused credit union, LCCU emphasizes personalized service over profit.
No specific approval statistics are available from the source. As a credit union, underwriting criteria likely differ from traditional banks, but standard creditworthiness and business viability will still apply.
WHAT IT TAKES
Confirm you meet the geographic membership eligibility requirement — 15 minutes
Become an LCCU member by applying online, by phone, or in person — 1-2 days
Submit a commercial loan application through LCCU — 1-2 hours
WORTH KNOWING
LCCU explicitly states it returns profits to members rather than shareholders, which may translate to more favorable loan terms than a traditional bank — worth comparing rates directly.
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