LOANS
Advantage Loans
Our Advantage Loan is designed to reward long-standing members with fair, affordable borrowing. If you’ve been with ECU for several years and built a strong savings and repayment record, this loan offers extra support when you need it.
(Representative 14.93% APR. Terms and conditions apply.)
Check how much you could borrow
Whilst every care has been made in the production of this document, the Credit Union, or its staff, cannot be held responsible for any omissions, errors or other mistakes made herein. This document is for illustrative purposes only, so as to give you, the borrower, an overview of the potential cost of borrowing. ECU would be happy to give you a tailor-made quote to suit your borrowing needs.
Eligibility requirements
- Member for at least 4 years
- Good previous loan and repayment history with ECU
Loan details
- Borrow up to 4 times your savings, up to a maximum of £7,500
- Top-ups available after 20 weeks of regular repayments
- Top-ups can be requested for up to 4 times your current savings, minus any outstanding balance
These loans are charged at 1.2% per month on a reducing balance (14.93% APR). Terms and conditions apply.
Why borrow with Enterprise Credit Union?
- You get more than a loan, you get support, protection, and peace of mind.
- Fair, affordable loans designed to support you when you need it most
- Free loan protection included, offering extra security for you and your family
- Your savings are safeguarded by the FSCS up to £120,000, so you can save and borrow with confidence
- Flexible and convenient repayments, with payroll deduction available through select employers
- No hidden costs or surprise charges, just honest, transparent lending
- Support for every stage of life, helping you and your family build brighter financial futures
