This loan is for community or sporting groups to assist with the development of their activity. It is used to assist with capital improvements such as club house, pitches, courts, etc.
- Interest Rate - 5.25% - 5.4% APR
- Minimum term - 25 years
- Maximum repayment frequency – monthly
- Maximum gross loan - €150,000
- Maximum limit for this class of loan as percentage of the credit union’s Regulatory Reserve Ratio = 10%
- Legal and professional advice will be sought where clarification is required concerning any of the documentation required for this type of loan.
There are other requirements for this type of loan which we will discuss with any member on enquiry at the credit union.
Terms & Conditions Apply
* All figures given on this web site are for your general information only, and give a rough guide to loan repayments. Any statements on this web site do not purport to be authoritative or legally binding. You are advised to check with our offices for up-to-date rates and offers.
N.B. Large Home Improvement Loan's are only available for a duration of 5 - 10 years and for loans between €20,000 and €50,000
Whilst every care has been made in the production of this information, it is for illustrative purposes only and to give you an overview of the potential cost of borrowing at Enniscorthy Credit Union. It does not constitute a loan offer.
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