Apply for a Community Loan

We strongly recommend that you read through the form before filling it in so you can prepare the necessary paperwork & details.

Application Form

"*" indicates required fields

Is the church/organisation an existing member of the Credit Union?*

If yes, please give the membership number (if known)*

If no, please state the denomination the church/organisation belongs to.*

About the Loan

How much would you like to borrow (maximum £30,000)?*

What is the loan for?*

Please provide a brief description of the purpose of the loan, including total cost of the project and any additional sources of funding?

Do you require any additional permissions for the proposed project? E.G. Faculty, Listed Building Permission, Regional or National Church approval?*

If Yes, please provide details and confirm permission has been received.*

Hidden

No*

What term do you want the loan over (maximum 60 months)?*

About the Church/Organisation

Name*

Trading Name (if different)*

Registered Address*

Street Address Address Line 2 City ZIP / Postal Code

Website*

Email Address*

Contact telephone number*

Registered Charity?*

If yes, please provide the number*

About the Lead Individual for this Application

Title*

Surname*

First name(s)*

Position within Church/Organisation*

Contact Details (if different from organisation.)*

Street Address Address Line 2 City Postcode

Phone

About the Church/Organisation's Bank Account

Name on account*

Sort code*

Account number*

Do you have any other accounts?

Please note that if the loan application is agreed the loan will be paid by BACS transfer into your bank account as stated on this application form.

About the Church/Organisation's Finances

Income and Expenditure

In order to assess this application Churches Mutual will need to see the following: The most recent three years’ audited/examined financial accounts, showing the church/organisations financial history. A budget, or income projections for at least the first year of the loan term. Details of any grants/match funding relating to the affordability of the loan or project as a whole.

Supporting Documents

Accounts, Budget Projections, Bank Statements etc.,

Documents in the following formats: .jpg, .jpeg, .pdf, or .png can be uploaded using the field below. If you have more than 64 MB of documents you can also use the online submission form in the account services section of our website. Alternatively you may send them as an email attachment to loans@cmcu.org.uk

File*

Max. file size: 150 MB.

Additional Questions about Income and Affordability

What is your total annual income?

Please demonstrate how you have a good level of financial commitment from the congregation and/or external funders (in the case of an organisation supporters and/or external funders).

Please explain your track record of financial management, and how you meet normal recurrent expenditure out of income.

Does the church/organisation have any existing debts or outstanding liabilities?*

If yes, please supply details*

Hidden

No*

More Information We Need

Has the decision to apply for a loan been agreed by the Trustees/PCC/Kirk Session/Elders/Vestry Meeting or equivalent?

Please provide a copy of the minutes of this meeting. If no, please advise when this is due to be discussed.

Please provide a copy of the minutes of this meeting*

Max. file size: 150 MB.

If no, please advise when this is due to be discussed.*

How did you hear about Churches Mutual?
Please tick ONE BOX only

Awareness

I’m an existing Member

I’m a previous Member

Media

Press Article

Other

Online

Internet Search

Website

Social Media (Facebook/LinkedIn/X)

Other

Personal contact

Friend

Family

Colleague

Other

Printed Materials

Leaflet

Poster

Other

Presentations

Churches Mutual

Other

Referrals

Please provide any additional comments in the box below*

Addition Authorised Person for Purposes of this Application.

Full name*

Address*

Street Address Address Line 2 City Postcode

Position*

Phone*

Data Protection

Data Protection Act 1998: Your Personal Information will be treated as confidential and will only be disclosed a) at your request b) to our agents in managing your accounts c) in the public interest d) to prevent fraud or by the order of the courts or e) taking up references. The Data Protection Act gives you a right to a copy of your personal records held on our files on request

In order to assess this application Churches Mutual may take up such references and make such enquiries about the organisation and any signatories to this application and any resultant loan agreement, as we consider necessary. This may include carrying out a search the files of a credit reference agency in order to verify the identity of the induvial signatories to the loan application and agreement. Full details of how we treat your personal data can be found on the ‘Privacy Notice’ page of this website.

Declaration

I declare to the best of my knowledge that our church/organisation is in good standing with our relevant governing body, and give permission for this to be verified as part of the process of assessing the loan application.*

Yes

I declare that the facts, matters and statements made on this online application for the purpose of obtaining the loan are true, complete and accurate in all respects and I acknowledge that, if any such facts, matters or statements are not true, complete and accurate in all respects, the CHURCHES MUTUAL CREDIT UNION LTD is entitled to refuse the application for the loan or take civil or criminal proceedings against me, as the individual completing this application, if the loan has been granted. I also confirm that if there is any change in circumstances during the loan application process I will inform Churches Mutual immediately.*

I confirm that I have read and understood the above information and agree to be bound by these terms.