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Coastal FCU

RALEIGH, NC 27609

11
Loans Approved
$635K
Total Volume
$58K
Avg Loan Size
1
States Served

States Served

North Carolina

Top Industries Financed

  • Employment Placement Agencies
  • Environmental Consulting Services
  • General Freight Trucking, Long Distance, Truckload
  • Painting and Wall Covering Contractors
  • Landscaping Services

Quick Summary

Coastal FCU is an SBA-approved lender headquartered in RALEIGH, North Carolina. Since 2020, they have approved 11 SBA 7(a) loans totaling $635K, with an average loan size of $58K. They primarily serve North Carolina businesses.

About Coastal FCU

Coastal FCU is an SBA-approved lender headquartered in RALEIGH, North Carolina. Since 2020, they have approved 11 SBA 7(a) loans totaling $635K, with an average loan size of $58K. They primarily serve businesses in North Carolina.

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Helpful SBA Borrower Guides

SBA 7(a) RequirementsDocuments ChecklistHow to Choose a Lender

Frequently Asked Questions

Is Coastal FCU an SBA Preferred Lender?

Coastal FCU is an SBA-approved lender but does not currently hold Preferred Lender (PLP) status. Loan approvals require standard SBA review, which typically adds 2–4 weeks to the process.

How many SBA loans has Coastal FCU approved?

According to SBA FOIA public records, Coastal FCU has approved 11 SBA 7(a) loans totaling $635K since 2020. Their average loan size is $58K.

What states does Coastal FCU serve?

Coastal FCU primarily serves businesses in North Carolina.

How do I apply for an SBA loan with Coastal FCU?

To apply for an SBA 7(a) loan with Coastal FCU, contact them directly through the form on this page. Before applying, check your FICO SBSS score (the SBA's pre-screening score) and have your financial statements, business plan, and tax returns ready. Most SBA lenders require 2+ years in business, $100K+ annual revenue, and a personal credit score of 640+.

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SBA 7(a) loans up to $5M · Rates from 10.5% · As fast as 7 days