Leisure
Our hire purchase agreement could help your customers buy their dream holiday home. By assessing your customers on an individual basis we can lend to borrowers of all credit histories.
Leisure Finance
Arranging the most suitable finance for leisure is a specialised task and we can help your customer fund holiday home and lodges in whatever resort they would like. Propensio Finance is one of the UK’s leading providers of leisure loans built around the needs of your customers and our HP agreement will help spread the cost over 10 years or less.
We have a range of borrowing requirements to suit prime and non-prime borrowers alike. We work closely with you to assess your customers on an individual basis, meaning we can often help those customers with a less than perfect credit history.
Our experienced team take everything into consideration and then provide each customer with the best options to ensure repayments meet their budget and that they can afford their dream holiday home.
Whether your customer is just starting their holiday home ownership journey or whether they are part exchanging and upgrading to their dream model, we can help bridge the gap with funding from £5,000 – £150,000.
Leisure finance (HP) benefits
- Loans range from £5,000 to £150,000 with terms of 3 to 10 years
- Variable rates depending on product and credit profile – contact us for specific details
- 15.9% APR representative
- Part exchange and upgrade available
- Fixed monthly repayments make budgeting easy
- No hidden fees
- Settle in full or in part at any time
- Your customers will own the unit when all payments are made
Things to consider
- Your customer must be at least 21 years old and a permanent UK resident
- Your customers do not own the holiday home until all the repayments have been made
- The holiday home is at risk of repossession if your customers do not maintain contractual repayments
- The holiday home is for leisure purposes only and cannot be used as your customer’s main dwelling
Propensio has been a total game changer for Credabill. They have opened up so many new avenues for us, not to mention the support we receive from the team is absolutely outstanding
Dean Ferrie, Operations Director – Credabill Ltd
Having Propensio on board is certainly an asset to Sureseal Window Limited. If you don’t have a second line facility with Propensio you are costing your Company saved Business
Jon Dennis, Owner – Sureseal Windows
Propensio’s desire to understand our business culture and to adapt and tailor services to fit resulted in double the funded volume in 2020. Propensio are always working hard to drive increases and deserve the finance volumes they receive.
Nic Horne, Training Manager – First Home Improvements (UK)
The whole team work as a cohesive unit to make the process for our customers as easy as possible. We are delighted to have them as a finance partner and would thoroughly recommend the Propensio team for your business’ financial needs.
Declan Rogers, Sales Director – Lomond Improvements
Propensio have understood our core values and have integrated with our processes and people to continue to offer a digital and robust point of sale customer experience.