FAQs
Motor loans for cars, motorcycles, jetskis, quadbikes etc.
Do I need a deposit? There is no requirement for a deposit on any vehicle loan under £25,000 though we may ask for some form of down payment on vehicles of a higher value.
What do I do if I have a vehicle to part exchange? That’s fine, we will finance the shortfall whether you sell to a garage or privately.
Do I have to use the finance offered by the garage? No you don’t - it is completely up to you. You should not feel pressured into taking any finance offered so you can use Facility Finance or the service offered by the vendor.
Can I buy a second hand vehicle? Certainly, in fact we pay the cheque directly to you so you are free to pay however suits you and the vendor.
What are the different finance packages available? There are basically three ways to buy a vehicle, Hire Purchase, Lease Purchase and Personal Loan. As everyone’s situation can be different, our fully trained advisors will be happy to recommend which if these options is best for you.
Do you pay the money direct to the garage? No. The standard procedure is to pay the money directly to you. Sometimes a cash offer can make all the difference when negotiating a private purchase for example and we want you to be able to make the best use if our facility.
Can my first year’s insurance premium be included in the amount I borrow? This is made perfectly possible my our relationship with Ross-Gower Group. We can also offer you a 20% discount on the insurance premium. Please call us now for more details.
Home loans
Do I need a deposit? There is no requirement for a deposit on any vehicle loan £25,000. However, we may ask for some form of down payment for loans of a higher value.
Isn't it easier just to add imrovent costs to my mortgage? For a new bedroom, kitchen etc. it may be better to consider our shorter term loans rather than adding up to 20 years worth of interest to your monthly mortgage payments
Motor loans for boats, jetskis, engines etc.
Do I need a deposit? There is no requirement for a deposit on any vehicle loan under £25,000. However, we may ask for some form of down payment on vehicles of a higher value.
What do I do if I have a boat to part exchange? That’s fine, we will finance the shortfall however you sell your old boat.
Do I have to use the finance offered by the dealer? No you don’t - it is completely up to you. You should not feel pressured into taking any finance offered so you can use Facility Finance or the service offered by the vendor.
Can I buy a second hand boat? Certainly, in fact we pay the cheque directly to you so you are free to pay however suits you and the vendor.
What are the different finance packages available? There are basically three ways to buy your new boat, Hire Purchase, Lease Purchase and Personal Loan. As everyone’s situation varies, our trained advisors will be happy to recommend the best options for you.
Do you pay the money direct to the dealer? No. The standard procedure at Facility Finance is to pay the money directly to you. Sometimes a cash offer can make all the difference when negotiating a private purchase for example and we want you to be able to make the best use if our facility.
Can my first year’s insurance premium be included in the amount I borrow? This is made perfectly possible my our relationship with Ross-Gower Group. Please call 01481 722222 us now for more details.
