FAQs - The application process

Is Moneybarn a broker or a lender?

Sam Wooller, Customer Experience Communications Manager
Sunday, 13 November 2022

We’re a lender that offers Conditional Sale vehicle finance. This means we provide you with the finance you need, by paying the dealership you choose, for the vehicle you want (if it fits within our lending criteria). Visit our guide to learn more about the different types of vehicle finance.

We will be the legal owners of the vehicle whilst you are paying us back in regular monthly repayments which is typically over 3-5 years. Once you make your final payment and complete the car finance agreement you will become the legal owner.

A vehicle finance broker is very different. They do not lend money but will help you find a lender that would offer you the finance need. Think of them as more of a search engine for finance, often showing you multiple options to choose from.