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Diversified Members Credit Union

DETROIT, MI 48207

6
Loans Approved
$3.3M
Total Volume
$558K
Avg Loan Size
4
States Served

States Served

CaliforniaFloridaMichiganTexas

Top Industries Financed

  • Offices of Certified Public Accountants
  • Breweries

Quick Summary

Diversified Members Credit Union is an SBA-approved lender headquartered in DETROIT, Michigan. Since 2020, they have approved 6 SBA 7(a) loans totaling $3.3M, with an average loan size of $558K. They serve businesses across 4 states.

About Diversified Members Credit Union

Diversified Members Credit Union is an SBA-approved lender headquartered in DETROIT, Michigan. Since 2020, they have approved 6 SBA 7(a) loans totaling $3.3M, with an average loan size of $558K. They serve businesses across 4 states.

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Helpful SBA Borrower Guides

SBA 7(a) RequirementsDocuments ChecklistHow to Choose a Lender

Frequently Asked Questions

Is Diversified Members Credit Union an SBA Preferred Lender?

Diversified Members Credit Union 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 Diversified Members Credit Union approved?

According to SBA FOIA public records, Diversified Members Credit Union has approved 6 SBA 7(a) loans totaling $3.3M since 2020. Their average loan size is $558K.

What states does Diversified Members Credit Union serve?

Diversified Members Credit Union serves businesses in 4 states: California, Florida, Michigan, Texas.

How do I apply for an SBA loan with Diversified Members Credit Union?

To apply for an SBA 7(a) loan with Diversified Members Credit Union, 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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