
What
is required to secure a loan?
The
following types of security can be used when applying for a loan:
- Credit
Union Shares
- Company
Shares
- Life
Insurance Policy
- Savings
- Bills
of sale
For
new members, the deadline for loan applications is every Thursday, one
week in advance, by 12:00 noon.
The
application review and approval process ensues and takes five (5) business
days. Cheques should be ready by Wednesday of the following week.