​​Loans and Lines of Credit

Financing when you need it most.

Looking to purchase a vehicle, consolidate debt, or borrow for your RRSP contribution - financing solutions are available.

What type of loan do you need?

Consumer Loan

Get the credit you need, with a repayment schedule that works for you. We offer a full range of consumer lending products such as consolidating your debts, vehicle purchases, investment and RRSP top up - we have various options for you.

Key Features
  •  Fixed or floating interest rates
  • Optional life, disability and critical illness insurance

  • No penalty for early paybacks or for making extra principal payments

Quick Loan

If you prefer the structure of a loan but like the option of a revolving line of credit, you’ll really like our Quick Loan product. 

Key Features
  • Re-advanceable funds up to an approved limit
  • Easy access to funds 
  • Flexible terms and repayment options

Line of Credit

Convenient option that gives you access to money when you need it.

Key Features
  • No repayment restrictions
  • Easy access to funds
  • Interest paid only on what you use 
  • Minimum payment of accrued interest
  • Reuse your available credit 

Enjoy the advantages of a

Foam Lake Credit Union loan

  • Flexible payment schedule – Options to coincide with income.
  • Personalized support – Our team of lending experts will help you find the best financing solution and payment plan for your business needs.
  • ​Fixed or variable rate options – Select from variable or fixed interest rates, depending on your needs.
  • Repay your way – No penalty for early paybacks or for making extra principal payments.

​Need a hand?

One of our Lending Specialists can recommend specific strategies to meet your unique needs. Contact lending today!

​BOOK AN APPOINTMENT

​Loan Calculator

Learn about how much you can borrow and what your projected repayment schedule will be like. 

​CALCULATE NOW