Back Button

Home Button

Quick Loan Program

Quick Loan Program

Quick Loans are interest-free loans of $500 or less, designed to address immediate, essential financial need while requiring fewer steps and potentially less detailed documentation than the standard assistance request process.

This gives COs and OinCs a way to quickly address temporary financial problems that may arise amongst their crew.

Eligible Participants

Active duty Coast Guard military members and Coast Guard reservists recalled to active duty.

Restrictions

It is not open to individuals who have an outstanding loan balance with CGMA or who are on the CGMA Restricted List.

Limits

An individual may receive a maximum of two Quick Loans within any 12-month period. Assistance requests not meeting these criteria must be processed through the standard application process.

Application and Processing

back

Looking After Our Own Since 1924!