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SELCO Community Credit Union

SELCO Community Credit Union

Amount
Varies
Deadline
Rolling
Odds
Not published
Effort
1 day
Can you get this?
Open to businesses of all sizes
Nonprofit organizations are eligible for loans
Membership with SELCO required
Serves specific Oregon counties
Your real odds
No public approval rate data exists, but SELCO's CDFI credit union structure means it's built to lend to businesses that don't qualify at traditional banks.
Applications are accepted on a rolling basis with no competitive cohort, so your approval depends on standard credit and business financials rather than on who else applied that month.
What it takes
Become a SELCO member1 day
Gather financials, records, and ownership info3 to 5 days
Submit loan application online1 to 2 hrs
Work with loan specialist through approval1 to 4 weeks
Worth knowing
SELCO splits its process into separate tracks for loans under and over $250,000, and a dedicated loan specialist contact option exists so you can figure out which track fits before you pull documentation together.
What else do you qualify for?
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