Our finance products

Our finance
products

Customers who feel confident are more likely to buy from your business – and become repeat customers. Our range of finance products gives your customers the support they need to make those important purchase decisions.

For retailers, we offer personal loans with competitive APRs, interest-free loans over a range of lending periods, and buy-now-pay-later loans that can be payment-free for up to 12 months. Our motor dealers can benefit from finance solutions like PCP agreements, conditional sale and loans for both new and used cars, caravans and motorhomes.

Personal contract purchase (PCP)

Finance type Secured fixed term loan
Vehicles financed Cars & lifestyle vehicles
Secured against vehicle? Yes
Interest applied? Yes, interest is applicable
Loan Value £1,500 and £50,000
Loan term 1 – 4 years
Product details
  • The customer is responsible for the vehicle as though they own it, but BPF are the legal owner until the customer has repaid the loan in full
  • The customer must keep the vehicle in good condition, have it regularly serviced, buy appropriate insurance, not make changes to the vehicle, and not go over the agreed mileage limit
  • The loan includes a guaranteed minimum future value (GMFV) feature, which is a guaranteed amount that we will pay for the vehicle at the end of the agreement if the customer has met all the terms and conditions
  • At the end of the personal contract purchase agreement the customer can:
    • Return the vehicle, with nothing further to pay except for any excess mileage charges (charges for going over the agreed mileage limit), costs of repairing damage not caused by wear and tear and any alterations
    • Pay the final repayment and keep the vehicle or
    • Use any difference between the guaranteed minimum future value and what a dealer will offer a part-exchange as a deposit on another vehicle

Conditional sale motor loan

Finance type Secured fixed-term loan
Vehicles financed Cars, lifestyle vehicles & static caravans
Secured against vehicle? Yes
Interest applied? Yes, interest is applicable
Loan Value £1,500 and £50,000
Loan term For cars: 1 to 5 years
For static caravans: 1 to 12 years
Product details
  • The customer is responsible for the car or caravan as though they own it, but BPF are the legal owner until the customer has repaid the loan in full
  • At the end of the agreement, the customer becomes the legal owner of the car or caravan as long as they have made all the repayments and met the terms and conditions of the agreement
  • The customer must keep the car or caravan in good condition, have it regularly serviced, buy appropriate insurance and not make changes to it

Personal motor loan

Finance type Unsecured fixed-term personal loan
Vehicles financed Cars, lifestyle vehicles, motorhomes & touring caravans
Secured against vehicle? No
Interest applied? Yes, interest is applicable
Loan value From £1,500 to £50,000
Loan term For cars: 1 to 5 years
For motorhomes and touring caravans: 1 to 12 years
Product details
  • The customer owns the vehicle and makes monthly repayments

Personal motor loan with a balloon payment

Finance type Unsecured fixed term personal loan where part of the loan amount is deferred and paid at the end of the loan term (known as a ‘balloon payment’)
Vehicles financed Cars & lifestyle vehicles
Secured against vehicle? No
Interest applied? Yes, interest is applicable
Loan Value From £1,500 to £50,000
Loan term 1 to 4 years
Product details
  • Offers lower monthly repayments but the customer needs to make a lump sum payment (balloon payment) at the end of the loan
  • The customer owns the vehicle and makes monthly repayments


We provide loans and finance products for the following retail products:

Home Improvement Kitchens, Windows, Conservatories, Heating
Electrical Sewing Machines, TVs, Sound Systems, Lights Systems
Furniture Carpets, Sofas, Beds, Bathrooms, Furniture
PC & Leisure Personal Computing, Phones, Exercise Equipment, Cycling/Bicycle Equipment
Timeshare Timeshare holiday agreement with a resort
Other Jewellery, Alloy Wheels / Motor Accessories

Personal loan - interest free

Finance type Fixed-term personal loan without interest
Secured loan? No
Interest applied? No interest is payable
Loan Value Up to £50,000 depending on product financed
Loan term 1 – 5 years

Personal loan - with buy now pay later

Finance type Fixed-term personal loan where first monthly payment is deferred for a set period or until a specified future date
Secured loan? No
Interest applied? See product details
Loan Value Up to £50,000 depending on product financed
Loan term 1 – 5 years
Product details

Under a buy now, pay later loan, the customer can choose from the following options:

  • Repay the loan in full (only during the buy now pay later period or before the deferral period ends). There is no interest to pay, but there may be a settlement fee
  • Start to make repayments after the buy now pay later deferral period ends, we will add interest to the loan from the start of the loan agreement and the customer makes regular monthly repayments
  • Interest is charged from the start of the loan agreement if the customer does not pay off the loan before the end of the deferral period

Personal loan - interest bearing

Finance type Fixed-term personal loan with equal fixed monthly payments throughout the loan agreement
Secured loan? No
Interest applied? Interest is immediately accrued
Loan Value Up to £50,000 depending on product financed
Loan term 1 – 5 years

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Answers to your most common questions

*Calls will cost no more than 7p per minute plus your phone company’s access charge (international calls will be charged at a higher rate – please check with your telecoms provider). To maintain a quality service we may monitor or record phone calls.