Save Smart and Borrow Smarter!

Book An Appointment

〰️

Book An Appointment 〰️

Apply online for your loan. Alternatively, to have one of our Relationship officers contact you to discuss a loan, complete our Contact Form

Our Line of Credit 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

Our Line of Credit facilities can be easily, and repeatedly, withdrawn up to the approved amount without having to go through the process of applying for another loan! They function similarly to a Credit Card, with better interest rates and without a physical card.

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)

Currently, we offer the following Line Of Credit Facilities once you become a member:

  • Shared Secured LOC- up to $15,000.00

  • Premium LOCs – Up to $15,000.00

  • LOC Business -$20,000.00

  • Regular LOCs - $7,500.00

  • Smart Insurance LOC- up to $5,000.00

  • Debit Mastercard LOC - up to $5,000.00

SECURED LINE OF CREDIT

  • 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

ABOUT OUR SECURED LINE OF CREDIT:

  • Maximum limit requested will be secured on Share Account

  • Very attractive interest rates

We Also Offer Seasonal LOCs:

  • Back to School –Offered from June to September each year up to $15,000

  • Christmas Loans-Offered from October to December each year up to $15,000

CHRISTMAS LOAN DETAILS:

This loan is available from October through December annually and must be repaid within one to three years, maximum.

  • Loan Duration-One-Three Years, Maximum.

  • Minimum Deposit - 10% of Requested Amount Required (deposit requirements subject to credit approval)

  • Documents Required - Application Form, 2 Recent Pay Slips, Job Letter and ID Card

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