Contrary to revolving (recurring) credit such as e.g. with a credit card, an instalment loan concerns the payment of an outstanding sum in fixed monthly instalments within a defined period of time. Instalment loans are particularly suited for the payment of services which continue for a longer period of time (e.g. the payment of a fitness studio membership) or for the payment of expensive products, which are virtually an everyday necessity (e.g. glasses and contact lenses).

For partners who wish to offer their customers a more affordable payment alternative, MFGroup offers customised solutions. 

Benefits MFGroup instalment loans

• Customer
  • Facilitation of payments
  • Affordable alternative to a bank loan
  • Immediately available
• Partners
  • Potential for increased revenues by means of facilitating payments
  • Customer loyalty
  • Possibility of linking to a network (e.g. instalment portal)