For your first loan as a member of the Credit Union you must have saved for 10 weeks, 5 fortnights or 2 months. You can borrow up to £200 more than your share balance. You can take up to a year to payback your first loan.
Before receiving your second loan you must have paid back your first loan. Your second loan can be up to £1000 more than your shares and the term of this loan must not exceed 2 years.
After paying back your first two loans you can apply to borrow up to three times your share balance.