What payment options Arthur Padgett offer?

Working in partnership with Hitachi capital allows you to offer four flexible payment options which can help spread the cost of a complete Worcester Bosch installation, including cylinders, controls and filters, as well as associated pipework and fittings.
1. 10 Months (interest free)

The simplest of all the options. You can offer 10 Months interest free credit to customers for installations on Worcester Bosch Greenstar boilers. A deposit is optional with equal monthly payments for the remaining credit.

To offer this, simply complete an application online. If you are accepted, you could be offereing credit on this plan in around four weeks, without the need for FCA approval.

2. Up to 4 years (interest free)

Another simple option. You can offer from 6 to 48 Months interest free credit to customers for installations on Worcester Bosch Greenstar boilers. A deposit is optional with equal monthly payments for the remaining credit.

To offer this, simply complete an application online. If you are accepted, you could be offering credit on this plan in around four weeks.

3. Up to 10 years (9.9% APR)

Available in 36, 48, 60, 96 and 120 month terms in monthly payments for the customer at 9.9% APR Representative.

This option allows greater flexibility of repayment terms (from three to ten years) helping to fit your customer’s financial circumstances.

4. Buy now, Pay later

Customers pay nothing for a year, followed by 84 monthly payments. The deposit is optional with equal monthly payments for the customer at 17.9% APR Representative.

This option enables your customer to install a new boiler/heating system immediately but pay for it a later stage, which can help them manage their budget.

10 Months

24 Months

3 Years

No Deposit

Cost of installation: £2,500.00

Cost of installation: £2,500.00

Cost of installation: £2,500.00

Cost of installation: £2,500.00

Deposit: £0.00

Deposit: £0.00

Deposit: £0.00

Deposit: £0.00

Amount of finance: £2,500.00

Amount of finance: £2,500.00

Amount of finance: £2,500.00

Amount of finance: £2,500.00

Interest free: %0

Interest free: %0

Interest rate: %9.9

Total paid in 12 months (£29 settlement fee): £2,529.00

Monthly: £250.00

Monthly: £104.16

Monthly: £80.06

If account is not settled within 12 months

Term: 10 Months

Term: 24 Months

Term: 36 Months

Total amount payable: £2,882.16

Monthly: £47.18

Total amount payable: £2,500

Total amount payable: £2,500

Total amount payable: £2,882.16

Terms (12 months deffered period followed by 84 payments at 17.9% APR): 96 months

Total amount payable: £4,529.16

FCA approval requiredDeposit required? Subsidy required?Term available (months)APR Representative
1
Up to 10 months – interest free

No
No
Yes
10
0%
2
Up to 4 years – interest free
Yes
No
Yes
6-48
0%
3
Up to 10 years – 9.9% APR
Yes
No
No
36-120
9.9%
4
Buy now, Pay later
Yes
No
Yes
6
17.9%