Interest free credit Attract and convert customers with interest free credit (IFC). Your customers take advantage of spreading the cost with fixed monthly payments and no interest.
Deferred Interest free credit Increase sales with deferred interest free credit (DIFC). Your customers first enjoy a payment free period, then interest free repayments.
Interest bearing loan Cost effective for your business and helps your customers budget for a large purchase. Flexible interest bearing loans (IBL) with a range of loan terms and APRs available.
Buy now, pay later Appeal to consumers with buy now, pay later (BNPL). First, your customers can take a payment free period, then go on to conveniently spread the cost over time.
Whether it's interest free or interest bearing on offer, your customer expects options to spread the cost. Roughly one third of consumers say that the type of retail finance on offer affects where they choose to shop. i. Want to drive footfall & increase conversion? Be sure to offer your customers flexible & affordable point of sale finance options - a must in today’s competitive retail market. For some purchases, an option to pay over time is expected; think about the last time you bought a new sofa, carpet, bike or kitchen. Were credit options advertised from the shop window or highlighted on the company’s website? Get in touch
“We've been using Ikano for a number of years side by side with other providers. Those other providers have been continually replaced but Ikano have remained our preferred partner throughout. This is because of the excellent rates, customer service and most importantly, being the preferred choice of our staff and customers." Paul Schwartz FCCA, Financial Director, Taskers PLC.
Our point of sale finance customers love us. In fact, 85% of our retailer loan customers would recommend us. ii
Home improvements Point of sale finance options across home improvements. Window, kitchen, bathroom, & boiler businesses are just a few. Read more
Sports and Leisure Retail Finance for all of your customers sporting & down time activities whether it’s a new bike, skis or a hot tub for relaxing. Read more
Home furnishings Sofas, bedrooms, dining, soft furnishings, carpets, flooring & more. Point of sale finance options for every room in the home. Read more
Auto aftersales and repair Increase your customer satisfaction with convenient options to spread the cost. Retail Finance is available for servicing, red work & parts. Read more
Fashion Your customers can wear now, pay later while you increase brand engagement with multichannel revolving finance. Read more
Optical and hearing care Give your customers the quality & style they want by offering payment options. Finance for glasses, prescription sunglasses & hearing aids. Read more
“I’ve had an Ikano Bank [point of sale] loan for Vision Express before and it all went very smoothly. And it’s interest free, so it’s a no brainer.” Barry, London
“Having partnered with Ikano Bank for over 7 years now we find our relationship is still going from strength to strength. The support and underwriting on offer is excellent and the new developments will enable us to expand on our relationship further. We see exciting times ahead." Nick Otter, Managing Director, Optima Consumer Credit Ltd
“The loan was straightforward to apply for and all further correspondence was clearly set out and easy to understand.” Angela, Ayrshire
A family owned bank We’re a family owned bank that’s been providing retail finance in the UK for more than 20 years. Our roots are in retail. The same family that founded IKEA, founded Ikano in 1988. We’re proud of our unique retail heritage and what we’ve learned from it - a strong and simple idea, with a little bit of hard work and good values is important for success. From our UK base in Nottingham, we offer simple retail finance products with over 100 retailers across the UK. Working with Ikano Bank
See retail finance in action with our Resource Hub White papers, case studies, blogs and top ten tips to grow your business. Take me to the Resource Hub
i. Mintel research, Consumer attitudes towards retail credit, October 2015 ii. Ikano Bank survey July 2018 with over 2000 respondents. 85% rated us 9 or 10 out of 10 when asked how likely they would be to recommend us.