Finance
Finance PaymentsHere at Loom Loft we offer a range of finance options so that you can afford the perfect piece for your home and spread the cost. Read on to find out what is available to you.
Buy Now Pay Later
- No payments due for a defined ‘holiday’ period at the start of the agreement up to 12 months
- No interest to be paid if the agreement is settled before the end of the holiday period (early settlement fees of £29 applies)
- Equal monthly repayments for duration of the agreement after holiday period (including interest calculated at inception of agreement)
- Interest rate is fixed at 14.9%
- A range of payment and deferral terms available on purchases between £350 and £25,000
Interest Free Credit
- 0% APR
- Equal monthly repayments over 12-24 months and no interest to pay
- Agreements can be settled at any point, free of charge
- A range of payment terms available on purchases between £350 and £25,000
Interest Bearing
- 9.9% APR
- Equal monthly repayments over 36-60 months
- Agreements can be settled at any point, free of charge
- A range of payment terms available on purchases between £2,000 and £25,000
Finance Calculator
Use the calculator below to choose a deposit amount and finance package and reveal your finance payments.
Enter order amount
Choose your deposit
- Total cost on finance:
£1,000.00* - with a £200.00 deposit
- and a £0.00 charge for credit
- Your finance option is 0% Interest Free
- Your finance term is 12 months
- Your monthly payment is £66.66
Your available finance options:
How to pay with finance:
To pay with finance, simply choose "Apply for Finance" while in your basket, once you have finished shopping.
Representative example: If total purchase price is £2,999.00 with a deposit of £599.80 (20%) and your selected term is 36 months with an Interest Rate of 9.9% p.a fixed, Representative 9.9% APR, you would pay £76.84 per month. Total charge for credit will be £367.04 and total amount repayable is £3,366.04, subject to terms and status.
Applicants
- Must be 18 or older
- Be in permanent paid employment, or retired receiving a pension or have a partner in permanent paid employment or be self employed
- Be a resident of the UK (or British Crown Dependency if approved by Novuna) for a minimum of 12 months
- Be able to provide acceptable proof of address (except where goods are to be delivered to their residence) and proof of signature
- Make payment by debit card
- Be purchasing the goods and/or services for personal not business use
Permanent paid employment defined as occupation where the customer is working more than 16 hours per week; this includes someone who is in receipt of a permanent pension or personal benefit.
Finance terms subject to status and eligibility. Please contact a member of staff for more details.
A minimum deposit of 20% is required on the total order value of all purchases. You can choose to pay more than this if you wish. A larger deposit will reduce your monthly payments.
If you have any queries or wish to find out more, please fill out the contact form.
Subject to status and affordability. Terms & Conditions Apply. Loom Loft Ltd FRN: 843281 trading as Loom Loft Furniture & Interiors is a credit broker for the purpose of introducing credit provided by the lender Novuna Personal Finance, a trading style of Mitsubishi HC Capital UK PLC. Authorised and Regulated by the Financial Conduct Authority.