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We are developing a Credit Union for the Logistics Sector, which will provide a source of funding or a way of indirectly reducing the cost of training to businesses. Any financial surplus from the Logistics Credit Union will be channeled as bursaries for members to help pay for training. Importantly, in a sector with a larger proportion of people who struggle with reading and writing, money can be drawn by members to help improve basic skills.
As the Credit Union develops momentum, we hope that it can offer financing to employer members for vehicle, plant and machinery leasing at preferential rates, all with the ethical lending ethos of a Credit Union.