We want to make it as easy as possible for you to buy your chosen equipment, so we have partnered with Divido Financial Services Ltd to offer you flexible and affordable payment options for your business. Get what you want today and spread the cost of your purchase over a repayment period that suits your budget.
Are you a limited company registered in the UK with Companies House?
Apply now and get a line of credit to make your purchase today and spread your cost in monthly installments.
How does it work?
|Complete the simple online application form. It takes 30 seconds to find out your result.||Review your quotation and if you agree, complete the director's guarantee and sign your agreement with the lender electronically.||Once you've signed, we will fulfill your order and deliver the goods to your preferred address.|
The application takes 3 minutes to fill out and, if you are accepted, you will have your quotation 30 seconds after submitting without any commitment to accept it.
The loans are unsecured and are required to be backed by a director’s guarantee. You will be asked to provide supporting information during the application process, once you have decided to proceed with the quotation.
How much does it cost?
There are no pre-set finance plans. Rates start from 2% per month and it based on our lender’s comprehensive review of your company. Your quotation will be based on your overall real business performance and not just a credit score. Business loans behave like an overdraft or line of credit where interest charges are incurred on the balance outstanding every day. The faster you repay it the less interest will be incurred.
You can use our lender’s calculator at https://www.iwoca.co.uk/calculator/equal-repayments to see how monthly instalments vary based on the purchase amount you are interested in.
If accepted, the lender will present to you the full loan amount, the monthly payments and the duration of the loan (as seen in example on the right). These monthly repayments are the minimum payment expected by the lender. Finance is available for orders of minimum £250 and maximum £15,000. The duration of all loans is 12 months. We do not accept any deposits. No extra fees involved.
Cancellations & Refunds Policy
The lender accepts to cancel a financial agreement at no cost up to 30 days since the customer has signed, only if the full amount of the loan is paid back on or before the 30th day or next working day if a weekend or public holiday.
What do I need?
|To apply you must:|
|Be a Limited Company registered in the UK with Companies House|
|During your application you must provide:|
|Basic information regarding your company.|
|Basic information regarding the directors.|
|Card information registered to the account to which the direct debit payments will be linked|
We have partnered with Divido Financial Services Ltd (visit www.divido.com for more information) to offer you a quick, simple and 100% paperless process to access affordable finance options.
For any queries during the application process or when signing your credit agreement their Customer Service team will be happy to help either through their chat by pressing the help button, by phone on 020 3773 9510 and by email at firstname.lastname@example.org
Our lender is iwoca (visit www.iwoca.co.uk for more information) and their award-winning technology allows them to make fairer lending decisions and offer credit to more small and medium enterprises. They also have a top-rated Customer Service team who are happy to help with anything regarding the loan agreement.