VENDORS LOAN with SAVINGS PROGRAM (VLSP)
VLSP is available for all member borrowers with daily income from income generating projects
or businesses. They are given the financial assistance to sustain business endeavors alongside
with teaching them the habit of saving for future investment purposes.
Product Features:
Minimum loanable amount of 2,000.00 & maximum of 50,000.00.
Amount approved depends on Cash Flow Analysis
Interest Rate is at 5% per month.
Daily Collection by the acaount officer.
Maximum of Sixty (60) day or Two (2) months.
NO PROCESSING FEE. NO COLLATERAL REQUIRED.
Capital Build Up (CBU) is 5% of the approved loan amount collected on a daily basis
together with the savings of the member that can only be withdrawn during December.
BCS Credit Cooperative assist small business owners in growing a self-sustaining business.
Visit the nearest branch near you…