What is the process to invest?
If you are interested in investing, the first step is read our Prospectus, which WCCN can send to you by e-mail or traditional mail. In the back of the Prospectus, there is response form that you can fill out and mail to WCCN. That form allows you to state the amount, the term and the interest rate that you wish to invest. Upon receiving that response form, WCCN will send you a Loan Agreement for you to sign. That Loan Agreement notes the terms and conditions that you stipulated in the response form. You sign and return one copy of the Loan Agreement along with a check (made out to WCCN) for your investment. The day that we receive the check, your investment begins accruing interest. Also, WCCN will send you a Promissory Note that confirms the maturity date for your investment. WCCN will pay interest annually by mailing a check to you. Your principal will be paid in the same manner when the investment matures. Meanwhile, if you wish to receive financial reports to update you on the NIC
