Forza Finance

Forza Finance, vehicle finance broker in the United Kingdom

Forza Finance is a British company that acts as a licensed credit broker and not as a lender. Its activity consists of comparing vehicle and other asset finance products across a network of associated lenders for clients resident in the United Kingdom, both individuals and businesses. The firm states that it has a wide panel of lenders with which it compares hundreds of offers.

Finance products

The company's catalogue revolves around several types of credit for vehicle purchase:

• PCP (Personal Contract Purchase): initial deposit and monthly payments over a fixed term; at the end, the customer can return the vehicle, part-exchange it towards another, or pay an optional final payment to keep it.
• LP (Lease Purchase): similar structure to PCP, with a balloon payment that can be settled or offset by returning the vehicle.
• HP (Hire Purchase): initial deposit and monthly payments; at the end of the contract the customer owns the vehicle or can part-exchange it for another.
• Refinance: allows the cost of the balloon payment to be spread and the car to be kept for longer.
• Private Sale, Equity Release and Halal Finance, as well as finance for other assets.

The website includes monthly payment, settlement, budget and refinance calculators, along with an eligibility and affordability tool backed by Experian that does not affect credit history.

Vehicles and assets that can be financed

The company finances new and used vehicles, commercial vehicles, motorhomes and campervans, electric vehicles, luxury vehicles, classic cars, left-hand drive vehicles, as well as horseboxes and motorcycles. In the area of other assets, it covers sectors such as agriculture, construction, marine, aviation and transport and logistics. It also offers specific packages for commercial vehicles and for electric cars.

Application process

The journey described by the firm is organised in three steps: the customer chooses the vehicle from associated dealers or requests that it be sourced; completes an online application to obtain a response in minutes and a search for offers among lenders; and, once the operation is approved, the company handles the paperwork and coordinates delivery of the vehicle with the dealer. The firm indicates that it is possible to obtain a decision without a deposit and to collect the car the same day.

Published example payments

The site showed lease purchase (LP) simulations for different models, with representative APRs of 7.9% or 8.9%, terms of 24 or 25 months and an annual limit of 6,000 miles. Examples included a Porsche 911 Carrera with a monthly payment of £898.46, a Land Rover Defender at £498.80, an Audi E-Tron GT at £496.68, a Mercedes-Benz CLE Coupé at £399.24, a Range Rover Evoque at £239.74 and a Mercedes-Benz G63 at £989.34. These figures correspond to the specific conditions of each simulation and to the date the site was consulted.

Customer profile and conditions

Finance is aimed at UK residents and businesses, with products adapted to those buying a car for personal or professional reasons. The firm warns that all finance is subject to approval and reserved for those aged 18 or over, and that excess mileage incurs additional charges. A team of specialists supports the customer throughout the purchase and application process.

Location and contact

Phone: 01245 945 200