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Temporary loan facility

Temporary loan facility - EECU


Call 1300 65 3328
from 9.00am to 5.00pm
Monday to Friday or
visit our offices in Melbourne or Sale




EECU has a temporary loan facility for circumstances where a member needs access to funds quickly and for a short period of time. This facility is usually required when a member is selling their existing property and buying another and do not have the funds for a deposit until the existing house is sold. It is also available to members when they need to pay a bond for a rental property and they have not received their own funds from overseas.

The benefits of a temporary loan facility are:
  • Provides funds quickly and efficiently to a member to meet short term needs.
  • The member does not need to go through the full loan assessment process.
  • Allows a member to pay deposits before their loan can be funded.
  • Purchases or other financial commitments can be paid when member access to their own funds has been delayed, eg. waiting for a tax return.