AFFORDABLE LOANS FOR SMARTER BORROWERS

BEESMART LOANS provide an affordable, ethical alternative to high street and high interest lenders. Whether it’s a loan before payday, a longer term loan, or to consolidate existing borrowing, your employees can repay over a set period at a lower rate of interest directly from their salary. Got a better quote? Let us know and we’ll beat it (subject to a minimum rate of 4.50%).

Talk to us about how we can work with you to tailor our products to suit your employees’ borrowing needs.

Smart benefits

  • Encourages a responsible attitude to credit

  • Exclusive loan deals available

  • Loan calculator tool

  • Supports corporate social responsibility

Contact us

Manchester Credit Union has been awarded the highest possible 5-star rating from the Fairbanking Foundation for providing loans that help people borrow better.

This means that our loans improve the financial wellbeing of our members, as they are encouraged to save as they borrow.

 

Our lending options include

Family Loan

Borrow up to £500 – online applications only
To be eligible for our Family loan you must:-

  • Be in receipt of Child Benefit and agree to have it paid into your Manchester Credit Union Account
  • Be over 18 years old
  • Have a high street bank account or a Manchester Credit Union ENGAGE account for disbursement of the loan

MCU Loan

Borrow up to £15,000
To be eligible for our MCU loan you must:-

  • Be an MCU member
  • Be over 18 years old
  • Have a high street bank account or a Manchester Credit Union ENGAGE account for disbursement of the loan

Car Loan

Borrow between £3,000 and £10,000
To be eligible for our car loan you must:-

  • Be a new borrower and not already have a loan with MCU 
  • Be over 18 years old
  • Have a high street bank account or a Manchester Credit Union ENGAGE account for disbursement of the loan

 

 

Lifestyle Loan

Borrow between £1,000 and £5,000
To be eligible for our Lifestyle loan you must:-

  • Be an MCU member
  • Be over 18 years old
  • Have a high street bank account or a Manchester Credit Union ENGAGE account for disbursement of the loan

Holiday Loan

Borrow up to £7,500 
To be eligible for our Holiday loan you must:-

  • Be a new borrower and not already have a loan with MCU 
  • Be over 18 years old
  • Have a high street bank account or a Manchester Credit Union ENGAGE account for disbursement of the loan

BEESMART Loan

Borrow up to £500 – no credit check and no hidden fees
To be eligible for our BEESMART loan you must:-

  • Be an MCU member and repay it within 12 months 
  • Be over 18 years old
  • Have a high street bank account or a Manchester Credit Union ENGAGE account for disbursement of the loan

 

 



“I love the flexibility it gives me. Unlike other lenders, there are no penalties for paying off your loan early – so you can actually benefit from paying less interest.”
MCU Member