The Seychelles Credit Union offers its Members Business at competitive interest rates and flexible repayment terms.
As a Member, you are eligible to:
- Financing of up to 100% of the value of the project
- Interest rates at 13% per annum on a reducing balance basis
- Up to 10 years to repay the Loan
Please note that eligibility is also subject to:
- 25% cash collateral frozen from borrower’s shares and/or savings accounts
- Pledge of assets or mortgage of property
For more information on the terms & conditions of this product, please contact us or pay us a visit at any one of our branches.