Community Choice CU
MI
SBA-approved lender offering 7 loan programs across 9 industries.
Key Metrics
Interest Rate
8.67%
1.92% over prime
Average Loan
$904K
Per approval
Total Approvals
22
FY 2025
Loan Programs (7)
7a General
Existing or more than 2 years old
Loan Funds will Open Business
New Business or 2 years or less
Startup
Change of Ownership
Fixed Rates
Industries Served (9)
Fabricated Structural Metal ManufacturingGeneral Freight Trucking, Long Distance, TruckloadLandscaping ServicesLimited-Service RestaurantsOther Individual and Family ServicesOther Insurance FundsOther Miscellaneous Nondurable Goods Merchant WholesalersPet Care (except Veterinary) ServicesSnack and Nonalcoholic Beverage Bars
Additional Details
- Prime Rate
- 6.75%
- Rate Over Prime
- 1.92%
- Effective Rate
- 8.67%
- Fiscal Year
- 2025
- States Served
- MI
- Website
- www.communitychoicecu.com
Ready to apply with Community Choice CU?
Let Cassian help you prepare your application and connect you with the right loan officer.