Solar Plus Loan

Loan Objectives
  • To provide members with a lower cost alternative for their electricity bills
  • To enrich product offering and attractiveness of IECCU
  • To grow IECCU’s loan portfolio
Loan Benefits
  • Low cost financing of Solar Powered Products (Water heater, Air
  • Conditioning Units, etc.) for residential properties
  • Financing of Solar Panel Systems for residential properties
  • Replacement, upgrading & maintenance of solar facilities at residential properties
Acceptable Collateral for Secure Solar Loan
  • Cash deposits held at this Credit Union or any other licensed financial institution
  • Real Estate (Borrower must be owner of Property)

Loan Benefits

  • Low cost financing of Solar Powered Products (Water heater, Air Conditioning Units, etc.) for residential properties
  • Financing of Solar Panel Systems for residential properties
  • Replacement, upgrading & maintenance of solar facilities at residential properties

Loan Objectives

  • To provide members with a lower cost alternative for their electricity bills
  • To enrich product offering and attractiveness of IECCU
  • To grow IECCU’s loan portfolio

Loan Benefits

  • Low cost financing of Solar Powered Products (Water heater, Air Conditioning Units, etc.) for residential properties
  • Financing of Solar Panel Systems for residential properties
  • Replacement, upgrading & maintenance of solar facilities at residential properties
Product Features
  • Accessible to existing members with minimum 6 months of membership
  • Loan Amount – Maximum 3 Million
  • Loan period – Maximum 10 years (Secured Loan) / Maximum 5 years (Unsecured Loan)
  • Low Interest Rate
  • Qualifying Shares (1/8 of total loan amount)
  • Loan can be Secured / Unsecured
  • The member must present an assessment report / invoice/s.
  • All aspects surrounding the purchase, delivery and installation of and or any accessories must be outlined.
  • Income information – last 3 months’ pay slips for Administrative Staff
  • and the last 6 months’ pay slips for Sales Representatives
  • Payment by salary deduction or standing order
  • Credit Reference where applicable
  • Where applicable, Creditor Life Insurance to be applied
  • Current Proof of Address and valid form of ID required 

Participating Suppliers

GMC ENERGY LIMITED
Suite CU1 Sovereign Village Center, Portmore, St. Catherine
Tel: 876-960-1254 WhatsApp: 876-427-4786
Email: support@gmcenergyservices.com
Website: www.gmcenergyservices.com

ISRATECH
Kingston
Unit #17, The Trade Center,
30-32 Red Hills Road Kingston
Tel: (876) 452-2416 (Digi) / (876) 816-2628 (Flow) / (876) 754-5443-4
/ (876) 754-5209

SOLAR BUZZ JAMAICA LTD
6 Haining Road
Kingston 5
876-968-7797 / 876-906-4693
Email: info@solarbuzzjamaica.com
Website: www.solarbuzzjamaica.com

Isratech Complex
Reading (Montego Bay)
Tell: (876) 565-5842 / (876) 605-5521/5166 / (876) 605-5468
Website: www.isratech.com
Email: info@isratech.com

Lot 2 Kendal,
P.O. Box 37 Shooters Hill Mandeville, Jamaica, W.I.
Tel: (876) 383-9164 / (876) 603-3564 / (876) 603-3946-7 / (876) 603-3561/3452