- info@barteachcredit.com
- (246) 426-3657
Loans
Why Borrow from Us?
When it comes to financial support, the Barbados Teachers’ Co-operative Credit Union Ltd. (BTCCUL) is your trusted partner. We offer a variety of loan options designed to help you achieve your goals with ease. Our commitment to competitive rates, personalized service, and community support makes us the right choice for your borrowing needs.
Competitive Interest Rates
We provide low-interest rates to make financing more affordable for our members.
Annual Patronage Refunds
At BTCCUL, we share our success with you. Enjoy annual refunds that give back a portion of the interest you’ve paid on loans.
Personalized Service
Our team takes the time to understand your unique financial situation, ensuring loan terms that suit your needs.
Community-Oriented
Every loan you take helps support other members and strengthens our community.
Loan Options
We offer a range of loan products to meet your specific needs
Line of Credit
- A flexible credit solution for members with shares in the Credit Union. The value of unencumbered shares determines the credit limit, which can grow as members increase their shares. Enjoy the freedom to top up your line of credit whenever you need.
Business Loan
- Fuel your entrepreneurial dreams with our Business Loan. Designed for investments in businesses or the purchase of products for sale or resale, this loan is perfect for business owners looking to expand or start their ventures.
Special Loan
- Rewarding long-term members, this loan is available to those who have consistently saved over seven years and maintained a good credit history. Eligible members must have at least 20% of the loan value in shares or a clean record for the past five years.
Mortgage Loan
- Achieve homeownership with our affordable mortgage options. We offer transparent terms with no hidden fees, so you can focus on building your future.
Vehicle Loan
- Drive away in the car of your dreams with our low-interest vehicle loans, making car ownership easier and more accessible than ever.
Education Loan
- Invest in education with our specialized loans that cover tuition, books, and more - helping you or your child reach academic goals without financial strain.
Loan within Shares
- Secure a loan with your existing shares without the need for additional security. This loan carries a lower interest rate, making it an excellent choice for members with sufficient shares to cover the loan amount.
Agricultural Loan
- Support Barbados' agricultural sector with our Agricultural Loans. Whether you're raising livestock, growing crops, or expanding your farming operations, we’re here to help.
Green Loan
- Go green and save! Our Green Loans can be used for solar photovoltaic systems, water tanks and pumps, hurricane shutters, generators, solar air conditioners, electric vehicle charging systems, and more.
“The John W. Lovell Building” Lower Collymore Rock St. Michael, Barbados, W.I.
Opening Hours: Mon – Fri 9:00am – 5:00pm
Tel. (246) 426-3657
Email. info@barteachcredit.com
