We are a FinTech business in Retail Finance enabling retailers and service providers to offer their customers interest free loans and BuyNowPayLater. - All loans interest free - Loans are from 2 to 12 months - No minimum criteria, new and small businesses accepted - Broker introductions welcomed - FCA authorisation not required - Credit charges are deducted from money paid to retailers and service providers - Credit charges are set at 1.9% plus 1% multiplied by the number of instalments - All trades accepted with very few exceptions Loans can be provided in complex situations such as training or beauty treatments which are spread over a period of time. Another example is where credit risk is poor loans can be provided and payments to partners made on a recourse basis. For this, a product similar to recourse invoice finance is used. For full details of all products, including pricing, please go to our website.
| Website | http://www.payitmonthly.uk |
| Employees | 32 (22 on RocketReach) |
| Founded | 2015 |
| Phone | +44 333 212 3914 |
| Technologies |
JavaScript
,
HTML
,
PHP
+32 more
(view full list)
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| Industry | Financial Services |
| Keywords | Monthly Payments, Interest Free Loans, Buy Now Pay Later, Retail Finance, Short Term Loans, No Credit Check Loans, Flexible Payment Options, Point Of Sale Finance, Consumer Finance, Fintech Solutions, Alternative Lending, Payment Plans, Affordable Credit, Online Lending, Small Loans, Easy Loans, Merchant Services, Financial Technology, Credit Solutions |
| Competitors | Klarna, Affirm, Clearpay (Afterpay), Afterpay Pty Ltd, Splitit, Laybuy, GoCardless, PayPal, Monzo, Revolut +35 more (view full list) |
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Chris Pursey is the Co-Founder of PayItMonthly.
22 people are employed at PayItMonthly.