Share Loans
Share Loans (My Cash):
These are secured loans offered against internal shares or external assets. There are varying degrees of required savings and flexible interest rates.
Internal
Features
- Loan amount based on deposit (available cash)
- Share requirements of $250.00
- Required Share Savings of 10% of monthly payment
- Permanent share requirement of $5,000.00
External
Features
- Loan amount based on deposit (available cash)
- Required Share Savings of 10% of monthly payment
- Permanent share requirement of $5,000.00 for loans up to $500,000.00
- Permanent share requirements of $10,000.00 for loans above $500,000.00
*Conditions apply