You are receiving this Sneak Peek from Alternatives Federal Credit Union because of your commitment to community, inclusion, and collaborative partnerships.The Alternatives Federal Credit Union (AFCU) Community Assistance Loan Fund in the amount of $1.4 million dollars launches tomorrow and we wanted you to know today!
Our loan fund is designed to help individuals, businesses, and nonprofits like yours (and the folks you know) in our region fill the gaps due to lost or reduced income and increased expenses due to the hardships faced during COVID-19.
Consumer Loan applications go live on our website at 12 noon Wed May 6
Business and Nonprofit Loan applications go live 9 am on Mon May 11Info will be found here once we go live, so bookmark this link: https://bit.ly/AFCU-COVID19-Toolkit so you can come back to it! We’re offering a 0% loan (yep, there’s really no interest!) to bring some much-needed stability to your life as you face unexpected expenses due to the COVID-19 pandemic.
Personal loans up to $3,000 Business and non-profit loans up to $8,000
Both members and non-members are encouraged to apply. Our Financial Counselors, Business Counselors, and Lending Officers will work collaboratively to help you explore all your options. Alternatives Federal Credit Union is an Equal Credit Opportunity lender and encourages applications by women, people of color, and WBE and MWBE business enterprises, among others.
We’re in this together.