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BECOME AN SBN MEMBER -  SBN Find out more about our ultra affordable membership and great benefits.  Click here  for more info>

 

 

 

 

Local Credit Union for Savings and Low-cost Loans: Find out more here >

 

 

 

 

 

 

 

 

Come to our NEW EVENING meetings in Finsbury Park! The next meeting is Wed 30 Nov - find out more here

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support, help, expertise and community for small businesses in and around north london looking to grow

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Haringey, Islington & City Credit Union - for savings and great value loans

 

Credit unions are financial co-operatives owned and controlled by their members. They offer savings and great value loans plus they are local, ethical and know what their members want.

 

They give access to a range of affordable financial products. As a member you will also own a share of the company, and will receive a potential dividend on your investment or a rebate on interest paid on your borrowings. The objectives of a credit unions are to:

 

  • Promote saving
  • Deal with debt
  • Educate members in the management of their money
  • Reduce poverty

 

What does this mean for local businesses?

As a business owner, credit unions can be  great way to access small, flexible, low interest loans for your company. Whilst credit unions don’t lend to businesses per se, they do lend to individuals who can then use the money in their businesses.

 

In order to be able to apply for a loan, you have to save a small amount each week with that credit union. This can be a good way of making sure you are building up savings.

 

Haringey, Islington and City Credit Union

If you live or study in Islington or the City of London, or at least part of your work is based in one of these boroughs, then you can join this existing credit union now. Visit www.iccu.coop/ for more information.

 

Small Business Network:  To contact us, please email us at thesmallbusinessnetwork@gmail.com or call us weekdays from 9am-5pm on 020 8883 7210