Small Business Loan Insurance
For loans under $150,000, you can apply at East Coast Credit Union and your protection could begin right away. Coverage is also available on loans up to $500,000.
It's a sensible solution when:
- New borrowing and increased debt raises your risk of financial loss.
- Family responsibilities rely on income from your business.
- Business partners share business debts equally.
- Losing a partner's profit producing ability raises financial concerns.