Contractual Documents
The documents below provide examples of the information and terms applicable to our loan agreements. They are provided for reference and should be read alongside the terms of any agreement you enter into with us.
Loan Explanation
Provides an explanation of the key terms of the loan agreement and the obligations of the parties.
Pre-Credit Information
Provides information about the proposed loan agreement, including the key terms, costs and other information provided before you enter into the agreement.
View Pre-Credit Information Example
Loan Agreement
Sets out the contractual terms of the loan, including the amount borrowed, repayment terms and the asset provided as security.
Vehicle Storage and Insurance
Where a vehicle is provided as security, it will be securely stored in our designated storage facility for the duration of the loan agreement.
We take reasonable care of vehicles while they are in our possession. Vehicles held in our designated storage facility are insured for their replacement value during the storage period.
Our insurance does not provide cover for the vehicle being driven on public roads. You should ensure that you have any separate insurance required for road use.
If you have an existing insurance policy covering the vehicle, you may need to notify your insurer that the vehicle is subject to a loan agreement and is being stored at our designated storage facility.
You remain responsible for any applicable taxes relating to the vehicle, including road tax. If you make a Statutory Off Road Notification (SORN) to the DVLA, you must notify us immediately.
Important
The documents provided on this page are examples only. The specific terms applicable to your loan will be set out in the contractual documents provided to you before you enter into an agreement.