Let us tell you what sets us apart from other providers....
No more losing a large percentage of your invoice cost to subsidies
Your client can apply in the comfort of their own home, at a time convenient to them
For invoices of over £1000, our Personal Loan Facility can aid sales by allowing your client to pay for their invoice over 12 months to 5 years
Our Essential level access requires no FCA licence & is free to set up!
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 | |
|---|---|---|
| What terms are available to my client? |  Our loan facility can be taken over 1 to 5 years
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 0% Loans are usually only available up to 12 months
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| What if my client has poor credit? | All credit types can be considered - good or bad
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0% Loans are usually only available to clients with good credit ratings
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| How often do I have to use your service? | You can use our facility as little or as often as you like!
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You are usually expected to put through a minimum amount of loans per year
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| How much will using your service cost me? | Our essential level access facility has zero subsidies or fees
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You could pay as much as 18% subsidy per loan
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| 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
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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
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| 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!
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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
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| 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
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There is occasionally an option to add a guarantor, depending on the funder
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| What are your rates of acceptance? | We have a panel of funders meaning your client has more chance of being accepted
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With one funder option, your client is more likely to be turned down for a loan
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