Drogheda Credit Union is proud to announce the launch of its new Green Loan, designed to support members in their efforts to make environmentally friendly upgrades to their homes and lives. This new loan product offers competitive rates and flexible terms, ensuring that sustainable living is accessible to all our members.
The Green Loan features an attractive interest rate of 5.90% (6.08% APR). Members can borrow amounts ranging from €2,000 to €75,000, with a maximum repayment term of 10 years and no minimum term, providing the flexibility needed to accommodate a variety of projects and budgets.
Our new Green Loan is ideal for members looking to undertake energy-efficient upgrades while performing other home improvement works. A key condition of the loan is that at least 60% of the borrowed funds must be allocated directly to green upgrades. This ensures that the primary focus remains on enhancing energy efficiency and reducing carbon footprints.
Eligible green upgrade projects include Electric Car; Insulation; Window or Door Upgrades; Heating Controls & Pumps; Solar Panels and Ventilation Systems.
“This Green Loan is an important step to supporting sustainable initiatives within our community. By providing an affordable financing solution for greener living, we aim to help our members reduce their energy consumption and contribute to a greener future.” said Tom Kiely, CEO of Drogheda Credit Union.
Members interested in applying for the Green Loan or seeking more information can visit our website at www.droghedacu.ie/greenhomeloan or contact our office on 0419838496.
