Simply 10
Exclusively used for small ticket purchases in the electrical sector, this type of finance product works for customers who would like to simply split their finance amount into 10 equal monthly payments.
How it works for the customer
- APR at an agreed rate is applied
- Ten equal monthly repayments
- The customer can settle their agreement at any time
- The customers’ first payment will be approximately 1 month after delivery of goods/services
How it works for you
- This type of finance product is structured specifically for customers wanting to make 10 monthly instalments. We can offer this type of credit product for purchases priced between £300 and £25,000.
- Dependant on the rate of APR used a subsidy or a commission can be applied to Simply 10.
