GRANT · HOW TO WIN THIS
Varies; no specific loan amounts published.
Rolling — no set deadline, apply anytime.
FUNDING TYPE
CDFI, Loan
CAN YOU GET THIS?
YOUR REAL ODDS
No public data on approval rates or number of loans made annually.
This is a CDFI credit union, which generally means more accessible lending standards than traditional banks, but specific competitiveness data is not available from the source.
WHAT IT TAKES
Visit pelicancu.com and review business loan options — 30 minutes
Join Pelican State Credit Union as a member if not already — 1-2 days
Submit a business loan application online or in branch — 1-2 hours
WORTH KNOWING
Pelican offers free one-on-one credit counseling with Nationally Certified Credit Counselors, which could help you strengthen your application before applying.
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Small businesses and startups in Alabama can apply for loans on a rolling basis through this CDFI credit union.
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