Broadland Solar Loan

This is a scheme supported by Broadland District Council, so it is only open to residents of Broadland District Council who have joined the Solar Together Project. You will need your personal offer from Solar Together.

To apply for this loan or any of our loan products you do also need to be a member of Eastern Savings & Loan Credit Union. 

Join Credit Union

Make sure you are registered with Solar Together. Solar Together registration is open until 27th September 2022, you can find out more here – http://www.southnorfolkandbroadland.gov.uk/solarloans.

You must have your personalised offer from Solar Together before you apply for the solar loan. The personalised offers will be sent out from 17th October

You need to become a member of ESLCU before you apply for a loan, we are a members cooperative, you can find out more about our credit union here. It costs £5 to join, £2 admin fee & £3 minimum shareholding. It costs £0.25 a week to maintain an account, which includes Free Life & Loan Insurance, and no additional charges for transactions or loans. Once you have completed the membership form, you can apply for a 0% Broadland Solar Loan.

Please use the Promotion code BDCSTG when you apply for your Broadland Solar Loan. We will also need a copy of the personal offer issued by Solar Together Group. Please send a copy of the personal offer to office@eslcu.co.uk or post to 61/63 Austin Street, Ipswich, IP2 8DF

Once you are a member, just answer a few short questions on our online loan form. You can apply for a loan the same day you join our Credit Union.

You will need to provide proof of your income, to accompany your Solar Together Loan application.

We will email you to ask you to give us read-only access to your bank statements through our trusted partner Consents.Online, this allows our loan officer to see the past ninety days of your bank statement over a secure connection. Alternatively, you can provide printouts of your bank statements, but this will take a few days longer to process while we wait to receive these.

1. Payslips for the last three months
2. Bank statements for the last three months
3. Information on all existing loans, credit cards and other debts.

Note: Failure to make scheduled loan repayments will lead to arrears action and may affect your credit history.

Apply for Loan

We aim to process all our loans within 3-4 working days. We may ask for more information to confirm your household income & expenditure, via bank statements, to confirm the affordability of the loan, this can cause the processing time to be extended.

If you are approved for a Broadland Solar loan we will transfer the funds directly to your installer.

This loan is interest-free, and there are no charges to set up the loan or repay early, as with all our loans. 

We do have a recurring membership fee of £0.25 per week for all our membership accounts, you will need to make sure you have enough in your account to cover this fee for the course of your loan.

You can call our team on Tel: 03336 000690 or email: office@eslcu.co.uk Monday – Friday 9.30 – 4.30 pm.