BENEFITS

Save Money

• Interest rate of 11% per annum on the reducing balance
• No loan processing fees

Peace of Mind

• 100% financing
• Up to $150,000 in loan protection coverage at no cost

Flexible

• Up to five (5) years to repay

REQUIREMENTS

• A minimum of 5% of the total loan amount requested
• Employed persons: an approved leave form or letter from employer approving leave
• Member Shares based on the loan amount.
• Employed persons: most recent pay-slip or salary statement from your employer
• Self-employed persons: recent financial statements of business
• Details of security being offered
• Valid photo identification
• Details of your liabilities and commitments
• If the approved loan is $77,000 and upwards or you are 50 years and older, a medical examination by an approved medical doctor is necessary for loan protection coverage