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Victoria Plum Partners With Novuna Consumer Finance

Novuna Victoria Plum

 Novuna Consumer Finance, one of the UK’s leading retail point of sale providers, has partnered with online bathroom and kitchen retailer Victoria Plum to expand the credit options available. This collaboration will provide customers with a range of flexible finance options to help them refresh their home.

Customers upgrading their home with Victoria Plum will now have the opportunity to borrow up to £50k over a maximum of five years, spreading the cost of their new bathroom or kitchen.

Novuna's range of financial products, including interest-free and interest-bearing options, as well as buy now, pay later plans are also integrated into Victoria Plum’s design and installation service which helps domestic customers bring their bespoke bathroom or kitchen makeover to life.

Additionally, the bathroom and kitchen specialist will benefit from Novuna's ground-breaking soft search and tailoring functionality, which is revolutionising the retail industry. The soft search feature instantly confirms whether a customer is eligible for their preferred credit option with 100% accuracy, preventing any impact on their credit score before proceeding with the full application.

Novuna's unique max loan and tailoring functionality then enables retailers like Victoria Plum to collaborate with customers and customise loan amounts and repayment options to suit individual circumstances. This upfront visibility empowers customers to accurately budget for their dream bathroom or kitchen project. By offering greater flexibility over terms, deposits, and loan amounts, retailers can create payment plans to suit their lifestyle, expanding access to finance for a wider customer base and reducing the number of declined applications.

Brian Flesk, Head of Retail at Novuna Consumer Finance, said: “We’re delighted to be working with Victoria Plum as one of our new retail partners. Our unique point of sale finance offering will assist Victoria Plum in creating the perfect financial solution for each customer looking to upgrade their bathroom and kitchen."

Jon Crook, Trading Director at Victoria Plum, added: "Partnering with Novuna enables our customers to easily spread the cost of their new bathroom with the flexibility needed to suit their needs. The range of finance options we can offer following the easy integration and launch of Novuna’s credit system makes the purchasing journey intuitive and straight forward for our customers whether they are buying products online or having a full bathroom remodel via our full design and installation service.”

Source : Novuna Consumer Finance

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14 August 2023

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