Borrow from £1,000 to £25,000 and repay from your salary at rates from as low as 4.5% APR.


Get into the savings habit with regular savings deducted directly from your armed forces salary.

About us

Forces Finance is delivered in partnership between London Mutual Credit Union and the MOD.

How it Works

Decide how much you’d like to save each month or borrow, and we’ll arrange the with your employer.

Join Forces Finance

Loans and savings straight from your armed forces pay

Savings, loans and current accounts exclusively for members of the UK armed forces. Borrow or save directly from your Ministry of Defence salary or pension.

Working in partnership


Finance built for life in the Forces

Convenient, affordable loans

Our credit union loans for armed forces members come at competitive interest rates. As a not-for-profit, we keep things straightforward, with no hidden costs, no arrangement fee and no early repayment penalties.

No-hassle current accounts

Banking without banks. Current accounts with everything you’d expect from a bank – but with none of the risky charges or hidden fees.

Savings that work for you

To us, you’re a member, not just a customer. We’re with you for the long haul, and make it simple to save directly from your salary so you can build solid foundations for the future.

About us

How it works

Forces Finance is provided by London Mutual: a not-for-profit credit union which is approved by the Ministry of Defence to serve members of the armed forces.

We make managing your money easy: our partnership with the MoD means you can arrange to save or make loan repayments directly from your pension or salary.

Serving members of the the Royal Navy, British Army or Royal Air Force

Recipients of an armed forces pension

Members of the Army, Navy, RAF or special forces reserves

About London Mutual Credit Union

A better way to bank

For the community

As a co-op, we are run for our members , not shareholders. That means we put your financial wellbeing first, and do right by you, not just our bottom line.

Ethical and affordable

There are no hidden charges or early repayment fees. We can save you hundreds of pounds compared to credit cards and rip-off payday lenders.

Owned by you

We understand the needs and financial challenges of armed forces life. We’re committed to your success and helping you meet your financial goals.

Safe and secure

London Mutual is a fully licensed credit union, regulated by the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA), just like a bank. Every account is protected by the Financial Services Compensation Scheme (FSCS), up to the value of £85,000.

Get forces finance

Whether you’re considering taking out a loan or saving now, or in the future, take the first step to a better kind of banking by signing up to receive news, financial tips and special offers from London Mutual.