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Community Choice CU (MI)

Community Choice CU (MI)

Community Choice Credit Union provides personal checking, savings, mortgages, loans, and business banking services to our neighbors across Michigan.

7a General
Existing or more than 2 years old
Loan Funds will Open Business
New Business or 2 years or less
Startup
# Variable Rates
SBA Loan Approval Count : 21
SBA Loans Total Approval Amount YTD: $19,462,500
Average SBA Loan Size: $926,786
Average SBA Loan Rate over Prime (this number plus current prime rate): 1.92
Community Choice CU (MI)

Unlock Your Financial Potential with Community Choice Credit Union (MI)

Community Choice Credit Union, headquartered in Farmington Hills, Michigan, is one of the state’s leading member-owned financial institutions, providing business owners with trusted guidance, competitive lending solutions, and personalized service. Through its SBA lending programs and local expertise, Community Choice empowers Michigan entrepreneurs to grow their businesses and strengthen their communities.

Key Features of Community Choice Credit Union

  • Comprehensive Business Banking: Business checking and savings accounts, merchant services, and treasury management designed to simplify cash flow and operations for small business owners.
  • SBA Loan Expertise: Community Choice participates in the U.S. Small Business Administration’s 7(a) and 504 loan programs, helping Michigan entrepreneurs secure affordable, government-backed financing for working capital, real estate, or equipment purchases.
  • Flexible Commercial Lending Options: In addition to SBA loans, the credit union offers term loans, commercial real estate loans, and business lines of credit with competitive rates and fast decision-making.
  • Digital Banking Convenience: Secure online and mobile banking tools allow business members to manage accounts, transfer funds, and pay bills anytime, anywhere.
  • Commitment to Michigan Communities: As a not-for-profit financial cooperative, Community Choice reinvests in its members and local economies, supporting small businesses, job creation, and community growth throughout Michigan.

Why Choose Community Choice Credit Union for SBA Loans?

Community Choice Credit Union combines the personal attention of a community lender with the expertise of an SBA lending partner. Its team of business lending specialists works one-on-one with entrepreneurs to simplify the application process, structure affordable financing, and deliver the capital needed for long-term success. Whether you’re opening a new business, expanding your operations, or purchasing commercial property, Community Choice is committed to helping you achieve your financial goals.

How to Get Started

Ready to grow your business with an SBA loan or other financing option? Visit the Community Choice Credit Union Business Banking page to explore loan programs, review eligibility, and connect with a business lending specialist today.

Empower your financial future with Community Choice Credit Union — where Michigan businesses come to grow.

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