Loans
Community Loan
Community Loan
Supporting our local community projects
Many community, not-for-profit groups or charities that operate within our common bond have worthwhile ideas about how they can improve the socio-economic life of their community.
The West-Midlands community loan product has been designed specifically to offer such groups access to capital to help make their vision become a reality. The community loan has been developed to support the development of projects in the following areas:
| Sport and recreation | Culture and heritage | The arts (within the meaning of the Arts Act 2003) |
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| Health of the community | Youth, welfare and amenities | Natural environment |
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- Competitive Interest Rate of 5.5%, Term 1-35 years
- Borrrow amounts: 80,000 (unsecured) up to 300,000 (secured).
- Flexible Repayments
- No transaction fees or administration charges
- No penalties for early repayment
- Service that offers a personal touch
- Fast loan response time
Flexible Repayments
Repayments that fit in with your budget
96% Approval Rate
Our loan approval rate is higher than you think.
Free Loan Protection Insurance
Free for our members.
No Early Repayment Penalties
Repay loan early option.
No Fees or Charges
No hidden fees or charges.
WARNING: The cost of your repayments may increase.
WARNING: If you do not meet the repayments on your loan, your account will go into arrears. This may affect your credit rating, which may limit your ability to access credit in the future.
Loans are subject to approval. Terms and conditions and normal lending criteria apply.
