Brooklyn Cooperative FCU

NY

SBA-approved lender offering 9 loan programs across 4 industries.

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Key Metrics

Interest Rate

11.38%

4.63% over prime

Average Loan

$35K

Per approval

Total Approvals

15

FY 2025

Loan Programs (9)

Existing or more than 2 years old
Loan Funds will Open Business
SBA Express Program
Startup
Variable Rates
7a General
Change of Ownership
Fixed Rates
Asset Base Working Capital Line (CAPLine)

Industries Served (4)

Administrative Management and General Management Consulting ServicesBarber ShopsGraphic Design ServicesOther Technical and Trade Schools

Additional Details

Prime Rate
6.75%
Rate Over Prime
4.63%
Effective Rate
11.38%
Fiscal Year
2025
States Served
NY

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