Our finance
products

We know that making an expensive purchase can be a big decision. Our loans are designed with our customers in mind, to make the choice that little bit easier.

No matter what you're financing – an extra bathroom to help beat the morning race for the shower, or a new sofa to replace a well-loved favourite – our personal loans, available through your retailer or motor dealership, are designed to help spread the cost.

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
  • Customers are responsible for the vehicle as though you own it, but BPF are the legal owner until you have repaid the loan in full
  • You 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 all the terms and conditions have been met 
  • At the end of the personal contract purchase agreement you 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
  • Customers are responsible for the car or caravan as though you own it, but BPF are the legal owner until you have repaid the loan in full
  • At the end of the agreement, you become the legal owner of the car or caravan as long as you have made all the repayments and met the terms and conditions of the agreement
  • You 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
  • Customers own the vehicle and make 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 you will need to make a lump sum payment (balloon payment) at the end of the loan
  • Customers own the vehicle and make monthly repayments


We provide loans and finance products, through our approved network of retailers, 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, customers 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 you make regular monthly repayments
  • Interest is charged from the start of the loan agreement if you do 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


To be eligible to apply for one of our finance products, you must be:

  • 18 years or over on the date of application
  • A permanent UK resident for a minimum of three years and either:
    • In regular, permanent employment working a minimum of 16 hours a week (including students)
    • Self-employed
    • Retired from regular employment and aged 50 years or older
    • Not working due to a disability
All applications are subject to a credit check and successfully meeting our underwriting criteria.

Managing your account

How to make payments, obtain an account balance and update your personal details

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Your loan explained

Find out about interest rates, APR and the fees associated with your loan

About your loan

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