Whether it is for a new car, home improvement, a wedding, tuition fees or to assist family with mortgage deposit, your Credit Union may be able to help you.
A project loan is available to established members with two years membership for a specific individual project and supporting paperwork must be provided with the application.
In comparison to our standard lending guidelines, a project loan is not based on five times your share balance.
Provided you have at least:
£1,000 in shares you can apply for up to £10,000
£2,000 in shares you can apply for up to £20,000
A Project Loan can be repayable over an extended period and can run alongside another credit union loan you may already have in place.
Interest rates are as advertised and “responsible lending” guidelines apply for any application.
How to Apply
If you would like to apply for a project loan, you can download a loan application form here. If you are unable to print this off please call the office and we can post one to you. If you are local, you can always pop into our office and complete there and then. Please supply any supporting paperwork you may have with your application. If you would like any further information, please call us on 0141 221 7474.