Services

Most retail finance companies can offer you all the finance promotions described in our products section; but the following added value services are what set V12finance.com apart from the rest, allowing us to provide you and your customers with fast, fuss free, low-cost finance.

Integrated Retail Finance Solution
• Personalised and consistent approach for your web, mail order and in-store customers
• Low-cost seamless integration

On-line applications and decisions
• Secure web-based front end
• Credit decisions within 20 seconds
• Market leading acceptance rates

Downloadable & personalised finance agreements
• Emailed directly to the customer, saving time and postage
• Mail order and on-line sales completed 3 days faster than other systems
• Fewer cancelled sales and faster payments

Automated Back Office
• Automated agreement handling and fulfilment service
• Next day BACS payments
• Personalised electronic remittance
• Fully automated audit trail

‘Real Time’ Management Information
• Snapshot of important sales information
• Graphically displayed historical data
• Ability to isolate data for staff performance

Key Performance Indicators
• On line access to comprehensive and accurate performance data

Customer Profiling Information
• Profiling and segmentation analysis
• Geographical and “drive time” statistics

The combination of our services & products are totally unique, and are geared to provide you with the efficiencies and profits you demand.

Products

Most of our retail finance products can be made available on balances as little as £350 up to £25,000.

Classic Credit (Fixed Term Personal Loan)
• The ubiquitous and margin enhancing retail finance offering providing your customers with simple and low-cost finance.
• Typical terms available; 12,24 and 36 months
• Typical APR’s from 9.9% APR to 19.9% APR to suit your marketing requirements.

Buy Now Pay Later (Fixed Term Deferred Personal Loan)
• Very popular low-cost promotional finance, allowing your customers to buy now and pay up to 12 months later, without paying any interest.
• Generates incremental sales and margins, and increases average transaction values.
• Typical deferred periods available; 6, 9 and 12 months
• Typical APR 29.8% - for those customers who do not settle in the deferred period.

Interest Free Credit
• The simplest and strongest finance promotion, attractive to all customers.
• Generate sales and increase transaction values
• Typical terms available from 6 months up to 36 months.

No Charges Option (formerly known as “Interest Free Option”)
• Low-cost promotional finance, allowing your customers to make repayments almost immediately whilst having the option to repay in full within the “option period” and pay no interest charges.
• Typical option periods available; 6, 9, 10, 12 months
• Typical APR 29.8% - for those customers who do not settle in full within the option period.

Payment Protection Insurance (PPI)
• Available on all the above products.
• Gives customers the peace of mind that their payments will be paid if they are unable to do so as a result of sickness, accident, unemployment or loss of life.