Employer Partner loan
Our Employer Partner loan gives you:
Simple repayment Ė direct from your salary
No application fee or set-up charge
The interest you pay stays in our local economy
From £100 to £1,999.99 22,9% APR
From £2,000 to £3,999.99 15.9% APR
From £4,000 to £7,499.99 9.9% APR
From £7,500 to £15,000 4.9% APR
Our current Employer Partners
Bath & North East Somerset Council
Bristol City Council
Bristol Community Housing Foundation
CURO Housing Group
Learning Partnership West
Second Step HA
Sirona Health & Care CIC
Solon SW HA
Things you should know
You must be an employee at one of our Employer Partners.
You need to be up to date on any current or previous borrowing with BCU.
No adverse credit (for example CCJs or payment defaults) in the last 12 months.
You must have the disposable income to meet the loan repayment
Maximum loan term is 60 months
Borrow £4,500 over 36 months, repay £144.20 each month, total amount payable (including interest of £690.80) is £5,190.80. Annual interest rate (fixed) is 9.52%. 9.9% APR representative.
All loans are subject to status and approval. Terms and conditions apply. If you donít meet the criteria for our Employer Partner loan rates or if youíre unwilling to accept any special conditions that apply then we may offer you a loan at our standard loan rates.