Our Lenders
We work with trusted brokers to give you access to a panel of leading lenders well placed to meet your needs at the lowest rates.
Here at Proper Finance, we provide you with a number of different loan options to you if you are looking to borrow £50,000 to help you get back on track and receive the financial support you need. We understand just how difficult it can sometimes be when you are in financial difficulty and how overwhelming it can be: who do you ask, and what is the right option for you?
Luckily, Proper Finance can help to provide clarity to some of these questions. We only work with the most reputable lenders in the UK, as we always put our customers as our top priority, ensuring that the only loan providers we work with are trustworthy.
What types of loans are available for £50,000?
As we have previously mentioned, we work with over 100 lenders in the UK, offering different categories of loans so that you can find the provider that best suits your individual needs. But what kinds of loans do we offer that could enable you to borrow £50,000? You have a number of options to choose from, such as:
- Homeowner loan
- Personal loan
- Peer-to-peer loan
- Business loan
What can I use a £50,000 loan for?
Everyone who applies for a £50,000 loan will have their own set of personal circumstances leading them to apply, but common reasons can include: buying a property, using the money for renovation purposes, or for business and lifestyle purposes.
Whatever the reasons may be, it is vitally important you have determined before applying for any kind of loan with Proper Finance, why you are applying as well as making sure that you are in a situation stable enough to take out a loan and make repayments without falling into financial difficulty. You must always remember that taking out a loan with a lender is always a big financial commitment.
What are the benefits of borrowing £50,000 through Proper Finance?
Wondering why you should choose the Proper Finance team to borrow £50,000 with? Here are some of the main reasons why we think you should consider us:
- When making an application with us, you will not have to pay any upfront charges
- The application process is online and you can receive an instantaneous decision on your application.
- It is possible to receive funds once approved on the very same day
- Our lenders are all FCA authorised
- There is the possibility of adjusting the amount you borrow as well as the period of time you would like to borrow money for
How quickly could the funds arrive?
If you apply for a £50,000 loan with Proper Finance, you could receive the funds the very same day. Once the loan is approved, the funds can arrive directly into your account within just 24 hours.
What are the eligibility criteria for a £50,000 loan?
The criteria for applying for a loan will usually depend on the particular lender you have chosen to borrow £50,000 with. However, it is common for lenders who grant £50,000 loans to look for the following in applicants:
- You are over the age of 21
- You have a regular, stable income
- You are a homeowner
- You can provide collateral in the form of a vehicle, property or another high-value item
- You are a UK resident
Can I borrow £50,000 with a direct lender?
If you borrow with a direct lender, you will be limited to the financial products that they have available. At Proper Finance, we work with a range of lenders across the country from a variety of specialisms. Subsequently, we can make a more bespoke match between you and your lender and find you a lender who understands your specific loan needs.
How do repayments work?
You can repay back the loan in equal monthly instalments, the value of which will be agreed before taking out the loan. Borrowers will work together with their lenders to come up with a realistic repayment plan which will take into account how much you will pay monthly, the amount of interest, and the duration of the loan. You could also have the option to make an early repayment if you choose to do so.
How do I apply for a £50,000 loan with Proper Finance?
Want to apply for a £50,000 loan with Proper Finance today? Great! Our team will be very happy to help you, and applying with us is an easy and efficient process. All you need to do is click the ‘Find a loan’ button which you will find below. You will then need to fill out our online application form, which should take you no more than 10 minutes of your time to complete.
Once we have received these details, you will receive an instantaneous decision and then the next stage of the process (putting you in touch with the most suitable lenders) will commence.