Improved Finance Rates and Subsidies

Great news for you and your customers

We’re very pleased to share some great news regarding your current finance facility. Our lender has revised their rates and subsidies, allowing us to offer you improved terms across the board.

These changes apply to both 0% finance and fixed-rate finance options and will benefit both you and your customers.

Updated 0% Finance Subsidies

Loan Term Previous Subsidy New Subsidy
12 months 10.6% 8%
24 months 14.45% 13%
36 months 21.95% 18.5%

Fixed Rate Finance Changes

Finance Type Previous Rate New Rate
Subsidy-Free Fixed Rate 14.9% APR 12.9% APR
Tier 2 Default Rate 18.9% APR 16.9% APR

Effective Date

These changes will apply to all loan applications received from Monday 11th August onwards. We will automatically apply all necessary adjustments to your account to reflect the updated terms.

Next Steps

We’re excited to share these enhancements and look forward to helping you provide even better value to your customers. If you have any questions or would like to discuss your finance options, please contact us on 020 3841 2818 .