When you borrow from us, we make sure every loan is easy to understand and fair. And because we’re a responsible lender, you know we’ve got your back. With each accessible loan, you’re hitting your personal goals while strengthening our communities.
We offer a range of credit union loans. Whether you save a little or a lot, our flexible lending criteria allow you to access the funds you need, when you need them.
Transparent terms with no hidden fees or early repayment charges, clear costs, and straightforward conditions ensure you always know what to expect.
As you repay your loan, you’re building your credit score. We report your repayments to help you establish a positive credit history.
Since we’re a not-for-profit, we put our funds right back into community projects and sometimes even send dividends and interest rebates your way.
Build your savings and borrowing power. Our Share-based Loan is suitable for regular savers looking to increase their borrowing potential for bigger financial goals.
Our Introductory Loan gives new members up to £800. Direct your child benefit to us and start covering those must-have expenses as you begin your financial journey with Beacon.
Facing an unexpected crisis like job loss or a medical emergency? If you’re an existing member who has previously used our Introductory Loan and maintained a good payment history, we might be able to help. Speak to us about your urgent needs.
Curious about our accessible loans? Discover more details, including full criteria and eligibility, by downloading our policy document.
You can sign for your credit union loan in person or electronically via an e-signature sent to your email.
Sometimes, a team member might need to discuss your application with you. This is just to get a better understanding of your financial situation and make sure the loan is a good fit.
Before we transfer the funds, you’ll need to sign an agreement for our credit union loans. This can be done either in person or electronically, just like applying for your loan.
If you’re having trouble with loan repayments, don’t worry! Just reach out to our member solutions team for assistance and guidance. We’re here to support you.