Loans from SVCU

At SVCU we put our customers first. We believe in being transparent and straight-forward from the word go.

We specialise in small loans lending up to £7,500. You can repay your loan over a period of up to 5 years for most loans. Repayment period for Christmas and holiday loans is 12 months. Our interest rates start from 8% APR (representative) and will vary according to how much you borrow and your circumstances.

We’re only permitted by law to lend to our members so you’ll need to join first – but this is simple.  See our joining page or join online. You can join and apply for a loan at the same time.

We offer 4 different loan types depending on your savings and loan history.

Family Loan

This is a low-cost alternative to other lenders and is available to families and individuals who receive Child Benefit.

Starter Loan

Starter loans are for new members who have not yet built up their savings

Savers Loan

Savers Loan offer preferential interest rates to members with savings. Loan amount is dependent on how much you have in savings.

Homeowners Loan

Advantage loans are for members who are homeowners wanting to borrow between £2,500 and £7,500.