Pay Half Pay Monthly
(In a nutshell)
• Once work has been quoted by ourselves and client has accepted, the option for pay half pay monthly is available.
• A credit check is required for approval.
• An additional 20% setup fee is added to total.
• A 50% deposit of quoted/accepted cost of work carried out is required.
• Once deposit is paid the remaining 50% can be paid over a varied 1-5 year period.
• Once the varied 1-5 year period repayment is chosen, an APR charge will be added to your monthly instalments.
• APR - 12 Months 10% - 24 Months 15% - 36 Months 17% - 48 Months 20% - 60 Months 25%.
• Agreement / Contract will be signed by both supplier & client.
• Direct Debit will be set up for monthly payments, and collected on the best suitable day for you each month, until remaining balance is settled.
• All relevant paperwork will be sent out to you within 7 days of PHPM completion.
Agreement / Contract example