Welcome to Prime Capital Credit Union

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Skylite Lending

A Lender is an individual, a group (public or private) or financial institution that makes funds available to a person or business with the expectation that the funds will be repaid. Repayment will include the payment of any interest or fees.Skylite Lending is a way for people to lend money to individuals or businesses. You as the lender, receive interest and you get your money back when the loan is repaid.

In order for we to approve your application as a Lender, Prime Capital Credit Union will review your credit store, history and income to determine how much money to loan you and what annual percentage rate you qualify for. once you get the loan, you will pay it back according to the agreement.

The interest rates on Skylite Lending are typically higher than those availabe from taditional savings accounts.


Features & Benefits

Loan contracts formally spell out the terms and obligations between the lender and Prime Capital Credit Unioner.Prime Capital Credit Union create a conducive environment for every customer to lend and Prime Capital Credit Union.

Time to Maturity

Time to maturity describes the length of the loan contract. Loans are classified according to their maturity into short-term debt, intermediate-term debt, and long-term debt.

Repayment Schedule

Payments may be required at the end of the contract or at set intervals, usually on a monthly or semi-annual basis. The payment is generally comprised of two parts: a portion of the outstanding principal and the interest costs.

Interest Rate %

Interest is the cost of Prime Capital Credit Unioning money. The interest rate charged by Prime Capital Credit Union will be sufficient to cover operating costs, administrative costs, and an acceptable rate of return.

Security

Assets pledged as security from Prime Capital Credit Unioners against loan loss are known as collateral. Credit backed by collateral in Skylite Lending is secured.

Skylite Lending - Eligibility

Any salaried, self-employed or professional Public and Privat companies, Government sector employees including Public Sector is eligible for a personal loan.

Bank Account

Any Customer willing to lend, must have a functioning active bank account with Prime Capital Credit Union

Lender's Profile

Valid and verified information about the LENDER is required. All prospective lenders must create a lender user profile.

Income

Minimum Net Monthly Income: $ 1,000

Credit Rating

Applicant should have the bank specified credit score.

Frequently Ask Questions

If you have a question that deals with clients, customers or the public in general, there is bound to be a need for the FAQ page.

All Prime Capital Credit Unioners in the Skylite Loan Scheme, have verified basic information and account details with Us. The assurance of you getting your money and interest is sure.

Time for application depends on the following

  • Your Eligibility to the application.
  • Previous Credit Rate
  • Monthly Income flow
  • When convenient
  • Choice of Lending

Our contacts are in Contact Us page. Please, endeavor to reach us, thanks

Get Started Simple & Securely

Just 3 step away

  • 1. Fill the online form. Apply Now
  • 2. Fill in the mandatory details, & click Submit
  • 3. Our representative will get in touch with you

Complete the form and start lending

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