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.
MSUFCU employees, board members, and their families are not eligible to apply for the startUP loan.
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MSU Federal Credit Union
savings are Federally insured to at least $250,000 by the
and backed by the full faith and credit of the United States Government.
APR = Annual Percentage Rate. APY = Annual Percentage Yield.
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