Interest Bearing Credit
Interest Bearing Credit is an effective way of driving customers to your store as it allows them to spread the cost of their purchase at a fixed APR. This type of product is used widely across all sectors.
How it works for the customer
- APR at an agreed rate is applied
- Equal monthly repayments
- The customer can settle their agreement at any point
- The customer's first payment will be approximately 1 month after delivery of goods/services
How it works for you
- We offer a range of payment terms for Interest Bearing Credit on purchases priced between £300 and £25,000.
- Dependant on the rate of APR used a subsidy or a commission can be applied to Interest Bearing Credit.
