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California Coast Credit Union Small Business Loans

If you live or work in the state of California, in San Diego County or Riverside County, a business loan from California Coast Credit Union may be the right option. Cal Coast is one of the biggest credit unions in the United States, providing members with convenient, reliable, and affordable financial services.

California Coast Credit Union was established in 1929 in San Diego, California, by a group of teachers and employees of Solar Aircraft, AT&T, and San Diego Gas and Electric. Cal Coast is one of the biggest credit unions in the US, managing more than $3.6 billion in assets and serving more than 200,000 members.

Shira Mizrachi California Coast Credit Union was established in 1929 in San Diego, California, by a group of teachers and employees of Solar Aircraft, AT&T, and San Diego Gas and Electric. Cal Coast is one of the biggest credit unions in the US, managing more than $3.6 billion in assets and serving more than 200,000 members.
Shira Mizrachi
August 16, 2022

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Do you own and operate an existing business and you need to supplement your income during the slow season or you want to expand your operations and boost your success? Do you have a great idea for a new business venture but you need the funds to get your idea up off the ground? If you answered “yes” to either of these questions and you live or work in San Diego County or Riverside County in the state of California, a business loan from California Coast Credit Union may be the right option for you. 

California Coast Credit Union is the longest-serving financial institution in San Diego, California. The credit union was established by a group of teachers in 1929, as well as employees of Solar Aircraft, AT&T, and San Diego Gas and Electric who wanted to find a better way to handle their financial affairs. Soon after it was established, the popularity of the credit union took off and membership grew. 

More than 90 years later, California Coast Credit Union (also known as Cal Coast) continues to remain loyal to its values when it was first established: provide members with convenient, reliable, and affordable financial services. To that end, the credit union offers a variety of products and services that are intended to improve the finances of its members. As part of the Co-Op interbank network, members can access more than 30,000 surcharge-free ATMs throughout the United States and Canada. Additionally, the credit union also offers Co-Cop shared branches, which provide members with access to more than 5,400 branch locations across the United States. 

Since its inception, Cal Coast has been highly supportive of educators, and today, they continue to support local educators, schools, and universities via their Financial Wellness program, as well as Cal Coast Cares community events, and their non-profit organization, the Cal Coast Cares Foundation. At the time of writing, California Coast Credit Union served more than 200,000 members and managed more than $3.6 billion in assets, making it the largest financial institution in the San Diego area, one of the largest financial institutions in the state of California, and one of the biggest credit unions in the United States. 

Cal Coast offers the same products and services that both large, corporate banks and smaller local banks offer, including personal and business checking and savings accounts, personal and business loan products, credit cards, and a wide variety of services; however, there is major difference between California Coast Credit Union and big and local banks: Cal Coast offers their members a lot more value. As a member of the credit you, you will be able to access exclusive offers, special perks, budgeting and savings programs, low rates, dedicated customer service, and complete transparency. 

Since it was established, California Coast Credit Union’s vision has always been to foster a culture of service and commitment to the community they serve and that their members could be proud of. Employees of Cal Coast come from a diverse background and they value the qualities that make each individual team member unique and one-of-a-kind. The entire Cal Coast team is passionate about offering valuable resources and tools that are intended to enhance the financial status of their members, and that can help members achieve the financial prosperity that they desire and deserve. 

“With a Cal Coast business loan, you’ll be able to achieve your endeavors.”

What does California Coast Credit Union Offer? 

A Wide Variety of Business Loans

California Coast Credit Union is committed to helping the small local business owners of San Diego and Riverside achieve the success that they desire and deserve. To that end, they offer a variety of business loans that are customized to meet the unique needs of each individual business owner. Whether you have a great idea for a new venture and you need the funds to get things started or you need to access financing to support or expand your existing company, with a Cal Coast business loan, you’ll be able to achieve your endeavors. 

The business loan options that California Coast Credit Union offers include the following: 

Varying Loan Amounts, Flexible Terms, and Low Interest Rates

California Coast Credit Union offers some of the lowest rates on business loans in the state of California. Moreover, while many other credit unions only provide small-dollar financing for business, Cal Coast offers a wide range of loan amounts. Additionally, you will have the option to repay your loan in a timeframe that works best for you, as the credit union offers flexible terms. And because interest rates are low, you won’t have to worry about acquiring a massive amount of debt that will hold you back rather than lifting you up. 

The amount that you will be able to borrow, as well as the terms, interest rates, and other conditions that will apply to your loan depend on several factors. While these factors vary and depend on the specific loan that you are applying for, the following are examples of some of the factors that may impact your business loan: 

Upon applying for a business loan with California Coast Credit Union, an associate from the credit union’s loan division will provide you with all of the information that relates to the factors that will impact the amount you will be able to borrow, the terms, the rates, and the conditions of your loan, if approved. Additionally, they will let you know about eligibility requirements, as well as any other factors that the loan department will take into consideration when they are determining whether or not you will be approved for the business loan that you intend on applying for. 

Full-Service Business Banking

California Coast Credit Union offers more than just business loans; they also offer a full-suite of services that you can use to manage your business’ finances. Their business products and services include the following: 

Business Checking Accounts

Business Savings Accounts

California Coast Credit Union also offers options that will make it easy for you to save money and increase the success of your business. The credit union offers several business savings accounts, including the following: 

Business Services

California Coast Credit Union also offers an array of business services that are designed to meet the unique needs of individual businesses and help business owners better manage their companies and increase their success. The business services the credit union offers include the following: 

“Committed to helping the small, local businesses of San Diego and Riverside Counties succeed.”

What Type of Business Loans Does California Coast Credit Union Offer? 

As mentioned, California Coast Credit Union is committed to helping the small, local businesses of San Diego and Riverside Counties succeed. That said, they offer several business loan options that are customized to meet the unique financial needs of your company. The following is an overview of the different business loans Cal Coast offers. 

Business Term Loans

Commonly used to make long term investments, such as new equipment purchases or to refinance existing debt, with a business term loan, you can access a one-time lump sum of money that you can use to make the purchase or investments that you need to make and then repay it over a period of time that will truly meet your needs. 

The benefits of a business term loan from Cal Coast include: 

Business Lines of Credit

A business line of credit from California Coast Credit Union is the ideal way to meet the short-term financial needs of your business; purchasing inventory, filling in the gaps during temporary cash flow shortages, or to cover the cost of unexpected expenses, for example. With a business line of credit from Cal Coast, you can: 

Commercial Real Estate Loans

California Coast Credit Union also offers the financing that you need to purchase a new or to refinance an existing owner-occupied or investment property. A commercial real estate loan is ideal for small or growing businesses, as a wide range of mortgage amounts and maturity terms are available. The benefits of a commercial real estate loan from California Coast Credit Union include the following: 

Who Can Apply for a Business Loan with California Coast Credit Union? 

If you are trying to start your first business or a new business venture, or you own and operate an existing company that you need to support or that you want to expand and you require financing, if you’re interested in taking out a business loan from California Coast Credit Union, you will first need to be a member of the financial institution. 

In order to become a member of the credit union, you will need to either live in or work in San Diego County or Riverside County in the State of California. You can apply for membership either in-person at one of the credit union’s branch locations, or you can apply for membership online via the credit union’s website. When applying for membership, you will need to provide the necessary documentation, which includes the following: 

How Do You Apply for a Business Loan with California Coast Credit Union? 

Once you have established a membership with California Coast Credit Union, you can apply for a business loan. While the requirements for application and eligibility vary from loan product to loan product, the following is an overview of the steps that you will take to secure a business loan with Cal Coast: 


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