Whatever line of business you are in, we can set you up with our Personal Loan Facility, & you can start helping your clients to say YES!
Times have been tough for everyone, so having a finance option for our clients that doesn't impact the business is great. The team at The Personal Loan Company set the loan facility up quickly, & for our larger invoices, it's a godsend! Give it a go, it doesn't cost a thing!
RS, Brighton
our pERSONAL LOAN facility
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traditional 0% finance | |
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What terms are available to my client? | Our loan facility can be taken over 1 to 5 years | 0% Loans are usually only available up to 12 months |
What if my client has poor credit? | All credit types can be considered - good or bad | 0% Loans are usually only available to clients with good credit ratings |
How often do I have to use your service? | You can use our facility as little or as often as you like! | You are usually expected to put through a minimum amount of loans per year |
How much will using your service cost me? | Our essential level access facility has zero subsidies or fees | You could pay as much as 18% subsidy per loan |
Once my client is accepted will I have to wait before I provide my service? | Because the debt remains solely with your patient & not you, you can carry on & offer your service at your convenience | If the client agrees to let you start your work within their cooling off period & then cancels their loan, you will usually be liable to repay the debt & will have to chase your patient for payment |
Will we need training on your system & will we have to 'sell' the loans? | Our Personal Loan option will run in the background. It is completely client led so you & your staff are free to concentrate on the business & not 'selling' loans! | You or your staff will usually have to discuss the options with your client & often make the application on their behalf which is time consuming & can be embarrassing |
Will my client need a guarantor? | Your client will be offered a guarantor loan if they are turned down for a loan on their own | There is occasionally an option to add a guarantor, depending on the funder |
What are your rates of acceptance? | We have a panel of funders meaning your client has more chance of being accepted | With one funder option, your client is more likely to be turned down for a loan |