Home Improvement Lending
The Community Banking Partnership approach has evolved many interesting new products. It was the first to advocate instant loans (or PALs) as a way of attracting people who were financially excluded. To counterbalance such smaller and short-term loans it is important to assess how many larger longer-term products your business will also need to sell. One such product are HILs or home improvement loans.
Some credit unions are now working within partnerships to deliver new ways of assisting homeowners. This session will explore some of these new innovations and how they can reduce internal costs as well as attract a new market.
This training session will help you to:
Identify gaps in your local market that will help to grow your credit union membership.
Building a consortium of partners to establish a capital fund.
How to use other organisations to provide you with loan referrals and new members.
Model contracts with local authorities.
How to balance your loan portfolio.
Case studies of current best practice.
Developing a ‘green loan’ product.
Date: April 24th 2008 Venue: Newtown (near Shrewsbury)
Return to 2008 Training Programme or Management and Leadership Programme