Top Up Loan
Funding Your Goals, Fueling Your Success.
Top Up Loan
Features
- Four (4) times your Deposits less ANY existing Loan balances.
- Interest rate of 1% per month on reducing balance.
- The loan to be repaid within the remaining period of the original Development Loan.
- Members to qualify for a TOP-UP loan after six months of consistent repayment of the original Development loan and WITHOUT any arrears on any loans being serviced.
- The loan to be secured by NEW guarantors or Un-utilized value of collateral or NEW collateral.
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