Thank you for your loan application.

Now to assess your loan, we need some information from you, depending on your income source.

Once you have gathered your documents, you can

  • drop them in to one of our offices or
  • send them via post or
  • they can be e-mailed to us at loans@fccu.ie

Please note that if we require Photo Identification documents to be updated, you must bring the original to our office for us to take a copy.

Please Note before you start:

  • If you are a first time borrower with us we will need to meet you as part of our loan assessment process.
  • If you are applying for a Share Secured Loan of up to €20,000 (i.e. a loan fully covered by an equal amount of your savings), you do not need to apply online – simply call to our office to arrange your approval and draw down.
  • If you are applying for borrowings of greater than €50,000 you will need to call to our office to complete your application. We will provide you with our information requirements when we meet.

Identification Documents:

  • Original Proof of ID (comprising a passport or drivers licence), and
  • Original address verification (i.e. a utility bill or Revenue correspondence or a bank statement dated within the past 6 months) for all loan applications.
  • Proof of PPSN – Payslip with PPSN quoted or P60 or Revenue Correspondence.

Note:  We may have this information from you already on our file. If our records are not up to date (e.g. if you have moved address, or if our previous copy of your identification document has expired), we will require an update in order to assess your loan application.

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Income Details (The required documents may be different depending on your income type). Please click on the option relevant to you.

If you are an Employee (i.e. Payee income earner)
  •  Your three most recent Payslips.
  • Your three months most up to date Bank Statements (ended during the past 30 days).
  • Your last 3 Credit Cards Statements (if you have a credit card).
  • Proof of your current Mortgage (i.e. any statement or letter giving a balance confirmation).

OR

  • Proof of your Rent arrangement (i.e. copy lease or rent book).
If you are Self Employed (i.e. if your income is taxable under Self Assessment)
  • Your three months most up to date personal Bank Statements (ended during the past 30 days).
  • Your three months most up to date business Bank Statements (ended during the past 30 days).
  • Your three most up to date Credit Card(s) Statements (if you have a credit card).
  • You most recent finalised Financial Accounts, and permission to contact your accountant (please provide accountant’s name and phone number).
  • Your most recent available Revenue Notice of Tax Assessment.
  • Your current Tax Clearance Cert and/or Confirmation from Revenue that any arrangement in place is being upheld (if applicable).
  • Proof of your current Mortgage (i.e. any statement or letter giving a balance confirmation).

OR

  • Proof of your Rent arrangement (i.e. copy lease or rent book).
If you are not currently in employment or are Retired, or if you earn a Fixed Income
  • Proof of your Social Welfare/Allowance/Pension – i.e. your last three Social Benefit Slips/Receipts
  • Proof of any other incomes you have.
  • Your three months most up to date Bank Statements (ended during the past 30 days).
  • Your three most up to date Credit Card(s) Statements (if you have a credit card).
  • Proof of your current Mortgage (i.e. any statement or letter giving a balance confirmation).

OR

  • Proof of your Rent arrangement (i.e. copy lease or rent book).
If you are the proprietary director of a trading company

In respect of your company:

  • A copy of the last set of Finalised Financial Accounts – please provide accountant’s name & contact phone number.
  • If the last finalised accounts are more than 12 months old, we will require Management Accounts to within 3 months of the date of loan application.
  • The most recent three months company bank statement’s at the time of loan application
  • The most recent 3 months Credit Card Statements at the time of the loan application (if the company has a credit card).
  • A copy of the company’s most up to date Revenue Notice of Tax Assessment.
  • A copy of the Tax Clearance Cert and/or Confirmation from Revenue that any instalment arrangement is being upheld.

In respect of you as a director:

  • See PAYE Employed or Self-Employed/Self-Assessment above as appropriate.

*The credit union shall only grant a commercial loan where a comprehensive business plan and detailed financial projections (supported by evidence based assumptions), appropriate for the scale and complexity of the loan, are provided.