SPREAD THE COST WITH Avoo
WE USE
VENDIGO
As a service that powers our secure payments. Our lenders are Allium Money Limited and Omni Capital Retail Finance Limited.
REVIEW
REQUEST
RECEIVE
ENTER AMOUNT
CHOOSE DEPOSIT £862
You do not need to add a deposit, but you can if you wish to reduce the credit amount. Finance is enabled as a payment option with an order value of a maximum of £50,000.
IMPORTANT
INFORMATION
Vendigo provides a hassle-free solution that enables home improvement businesses to introduce finance in the home, over the phone, via email or in store. Merchants can create loan applications in under 60 seconds and customers can complete and get a response from a panel of lenders in under 3 minutes.
The funds are sent to your bank account within 24 hours of the customer signing the digital customer satisfaction note.
Yes. You can take a deposit of between 10% and 50% of the total cost of the goods/services provided, but it is not a requirement.
We would like to work with all merchants, but our lenders have a few criteria. Your business needs to have 2 years worth of accounts and be on the way to hitting £500,000 in annual turnover.
A basic principle to understand when thinking about the costs associated with offering finance to customers is the following, the lower the APR to the customer the higher the subsidy cost (fee paid by you, the merchant). Therefore it’s safe to assume that interest free-credit is the most expensive loan product but it’s also a very attractive offering to customers. Therefore it’s important to balance the effectiveness of the loan product and its cost. Our sales team would be more than happy to discuss costs and return on investment further.
You can create a loan in seconds and either send it to the customer or complete it with them on any device. It takes 60 seconds for the customer to apply for the loan and they get a response within minutes. See how easy it is to create a loan and sent it to the customer and how to complete it with them.
HOW MUCH
DOES IT COST?
Enter your fixed price and choose one of our finance plans to see a representative example.
(minimum 1500£)
REPRESENTATIVE EXAMPLE
Purchase Price £1,795
Deposit £843.65
Amount of credit £951.35
Agreement Duration 120 months
120 Monthly Payments £13.05
Rate of Interest (fixed) 10.9% per annum
Rate of Interest (fixed) 10.9% per annum
Representative 10.9% APR
CANCELLATIONS & REFUNDS
You have the right to withdraw from your finance agreement This right applies for 15 days following signing of the credit agreement up until the point of installation. You will still be in a contract of purchase for the goods. Please contact us to arrange alternative payment. AVOO limited acts as a credit broker and is not a lender. Any credit is subject to status, affordability and a credit check. Our finance platform is vendigo and our lenders are Allium Money Limited and Omni Capital Retail Finance Limited. See our cancellation policy in full here https://avoo.uk/avoo-terms-condition
IMPORTANT
INFORMATION
Vendigo provides a hassle-free solution that enables home improvement businesses to introduce finance in the home, over the phone, via email or in store. Merchants can create loan applications in under 60 seconds and customers can complete and get a response from a panel of lenders in under 3 minutes.
The funds are sent to your bank account within 24 hours of the customer signing the digital customer satisfaction note.
Yes. You can take a deposit of between 10% and 50% of the total cost of the goods/services provided, but it is not a requirement.
We would like to work with all merchants, but our lenders have a few criteria. Your business needs to have 2 years worth of accounts and be on the way to hitting £500,000 in annual turnover.
A basic principle to understand when thinking about the costs associated with offering finance to customers is the following, the lower the APR to the customer the higher the subsidy cost (fee paid by you, the merchant). Therefore it’s safe to assume that interest free-credit is the most expensive loan product but it’s also a very attractive offering to customers. Therefore it’s important to balance the effectiveness of the loan product and its cost. Our sales team would be more than happy to discuss costs and return on investment further.
You can create a loan in seconds and either send it to the customer or complete it with them on any device. It takes 60 seconds for the customer to apply for the loan and they get a response within minutes. See how easy it is to create a loan and sent it to the customer and how to complete it with them.