The startUP Loan is for entrepreneurs looking to start or grow their Michigan based business. Whether you're looking to finance the purchase of equipment, a buildout of existing space, or expand your marketing, the MSUFCU startUP loan, and our experienced Business Services Team can help you jump-start your new business.
With a low-rate and credit limits up to $15,000, the startUP loan is a flexible and affordable financing option.
• The startUP loan is only available to new businesses established in the previous two years and located in an area served by a MSUFCU branch.
• Complete the startUP Loan Application,
and business plan
• Completed Personal Financial Statement for each person owning 20% or more of the business, along with anyone guaranteeing the loan.
Disclosures
MSUFCU employees, board members, and their families are not eligible to apply for the startUP loan.