Hire purchase

General principles of the hire purchase

Amounts from 75€;
Period from 4 to 48 months;
Fixed interest rate among the whole installment period;
Self-financing from 0%;
We do the payment schedules personally;
18-65-years-old person can apply (assumption: loan must be paid before 65th birthday);

Opportunity of collaboration

Finora Capital offers a personal approach, automated system of making decisions and quick reaction.

If you have an interest to collaborate and you want to offer your clients the opportunity of hire purchase, please contact us info@finoracapital.eu

Partners

Amount

Period

Monthly annuity payment	€
The gross amount of the credit	€
Cost of credit	%

Apply for a loan

The results of current calculator are approximate and illustrative. More precise information about borrowing related costs can be found here.

APPLICATION FOR INSTALLMENT PAYMENT

Personal information

First name *

Surname *

ID code *

Phone *

E-mail *

THE EXAMPLE:

Annual Percentage Rate of Charge is 19,47% per year based on following terms:

sum of installment 2000 EUR;
period of loan 3 years;
contract fee 25 EUR;
interest rate 17%;
monthly annuity payment 71,31 EUR.

Annual Percentage Rate of Charge calculation is based on assumption that principal and interest need to be paid back by monthly annuity payments. The summarized cost of credit is 2 592,16 EUR during the 3 years.

Residental address and earnings

County *

City *

Street *

House no

Apartment no

Monthly net income € *

Monthly loan payables € *

Education *

Profession *

I have worked for the present employer for * months

Purchased good/service information

Trading partner *

The cost of buying the good or service (€) *

Loan sum (€) *

Loan period *

Additional Information

* I hereby give AS Finora Capital permission to handle my personal data and share with relevant third parties according to the regulation and principles of personal sensitive data handling (GDPR). I acknowledge that AS Finora Capital can take an automated decision about my application based on the data provided in this application and other relevant sources and databases. I am informed that I can submit an objection to the decision in order to defend my own justified interest.

* I give AS Finora Capital acceptance to control data of my accumulative pension account.

I agree to receive newsletters, recommendations and useful tips and offers from AS Finora Capital.

READ PRICELIST Personal information processing conditions

PRICE LIST

AS Finora Capital price list *
Valid from 01.04.2021

LOAN AGREEMENTS RELATED FEES:

Agreement fee	Mortgage loan, microloan, creative loan: starting from 1,5% of the loan amount, no less than 125€ Leasing: starting from 1,5% of the cost of the leased object no less than 150€ Personal small loan, overdraft, Hire purchase: 25 €
Amendment of the agreement	Mortgage loan, microloan, creative loan 1% of the loan amount, no less than 100€ Hire purchase and Small loan: 1% of the loan amount, no less than 25€ Leasing 1% of the residual value of the leased object at the time of amending the contract, not less than 100€
Early repayment fee	Mortgage loan, Hire purchase and Small loan: 1% of early repaid credit amount if the period between the end of the credit contract and early repayment is more than 1 year and 0,5% of early repaid credit is respective period is less than 1 year. Leasing: 2% of early repaid credit amount if the period between the end of the credit contract and early repayment is more than 1 year and 1% of early repaid credit is respective period is less than 1 year.
Changing the payment date	First time it is free of charge

FEES RELATED TO THE BREACH OF AGREEMENT BY THE BORROWER:

Reminder e-mail (first two)

Free of charge

Fine level for delayed payment

Fixed in agreement, as a rule 2 times of the interest rate set in agreement

Debt collection costs

To a private customer:

Sending a notice of termination of the contract 5€
Sending a notice of ending the contract 5€

To a juridical person:

Sending a notice of termination of the contract 25€
Sending a notice of ending the contract 50€

CONVENIENCE SERVICES (do not valid for the leasing contracts, there will be valid only the provisions of the contract apply):

Participation in notary proceedings outside of Tallinn	It depends on how far it is from Tallinn, minimum fee is from 150€
Insurance of the collateral (insurance payment will be added to the service fee)	25€
Physical inspection of collateral (if the loan amount exceeds 100,000 €)	Minimum fee is 150€

OTHER AGREEMENT RELATED COSTS:

In addition to borrowing costs also costs related to insurance and mortgage setting will occur. The size of those costs depend on fees of respective service providers and government set duties. AS Finora Capital has no influnce on the level of those costs.

* fees of services that are taxable with VAT already include VAT