Revolving Loans


 

We Make it Easy for you to Borrow

Holiday Loan

Apply now for your Christmas Holiday Loan. Download a copy of our application:


Our Revolving Loan products are designed with you in mind. We make it easy for you to exercise your credit options. Our SMART Line and SMART Line Premium Lines of Credit Loans are flexible ways to ensure that you are always prepared for life's little emergencies!


LINES OF CREDIT

Borrow up to 3 times your monthly income-up to a maximum of $7,500, for our regular Line of Credit or up to $15,000 for our Premium Line of Credit

(This facility is best used for recurring expenses)

SECURED LINE OF CREDIT

  • Must be a Member for at least six (6) months
  • A deposit of $1,000 for Lines of Credit up to $7,500
  • A deposit of $2,500 for Premium Lines of Credit between $7,501 and $15,000

SECURED LINE OF CREDIT

  • Must be a member for at least six (6) months
  • Maximum limit requested will be secured on Share Account
  • Very attractive interest rates

BACK TO SCHOOL

This loan is available from July to August and must be repaid in one or two years maximum.

  • A minimum deposit of $250 is required (deposit requirements subject to credit aprpoval)

CHRISTMAS

This loan is available from November to December and must be repaid in one or two years maximum.

  • A minimum deposit of $250 is required (deposit requirements subject to credit aprpoval)

BUSINESS (Micro)

Interested persons must have a deposit of 20% of the amount requested and may borrow up to a maximum of $20,000

Documents required:

  1. Business Registration Certificate
  2. Financial Reports for 3 previous years
  3. Business projections for 2 years
  4. Verification of business assets