The Revolving Loan
The CCU Revolving Loan
Have you been thinking of starting a small business or simply need a cash injection to further a personal or financial goal? Maybe you need to pay off a credit card?
The Revolving Loan can act as a line of credit to help you.
Interest rate of 1% | 6 months repayment period | Financing of up to $15,000.00
Three-month or five-month moratorium available
- Interest-only payments for the first 5 months with the full principal and remaining interest paid in the 6th
- Interest-only payments for 3 months with full principal payment and remaining interest repaid in the last 3 months
- Job Letter (with in the last 6 months)
- Payslip (most recent)
- Valid scanned ID and one other form of ID (DP, PP, ID, or Birth Certificate)
- Proof of address (must be in member’s name or letter /form signed by named addressee
- All necessary documents are required for small business owners where applicable.
Special Conditions Apply