Your options to pay
At MKM, we have three types of finance available: interest free credit, buy now pay later and interest-bearing credit. Our finance options are currently available at selected MKM branches. See below for the full list of current branches. It will be available in more branches very soon.
Interest Free Credit*
Minimum 20% deposit to be paid upon order. 1 year IFC minimum spend £5,000, 2 years IFC minimum spend £15,000, 3 Years IFC minimum spend £20,000.
Buy Now, Pay Later**
Pay nothing for 12 months with a minimum deposit of 10% on orders over £5,000, or a minimum deposit of £500 on orders under £5,000. 8.9% APR Representative. Minimum spend applies.
Interest-Bearing Credit***
Spread the cost over up to 6 years of interest-bearing credit at 4.9% APR representative with a minimum deposit of 20% on orders over £5,000, or a minimum deposit of £500 on orders under £5,000. Minimum spend applies.
Terms & Conditions
Finance is subject to status, financial circumstances and borrowing history.
*Availability and Eligibility
Finance is only available for purchases made by non-trade customers from an MKM branch that offers finance options and subject to a minimum order value. A non-trade customer is an individual acting for purposes that are outside that individual’s trade, business, craft of profession. Also, and to avoid doubt, finance is not available on any MKM trade account. Finance is not available on any installation service. Each branch operates as an independent legal entity and provides their own unique finance options. Quotations are not transferable between branches. Maxiumum loan value of £50,000 applies to all finance options and terms. Please check here to see if your branch is currently offering finance.
*Interest free credit
Minimum 20% deposit. Applicants may apply for loan amounts between £500 and £50,000, subject to eligibility and lender approval.
Minimum spend applies:
- 1 Year IFC minimum spend £5,000
- 2 years IFC minimum spend £15,000
- 3 Years IFC minimum spend £20,000
**Buy now, pay nothing for 12 months
Minimum deposit of 10% on orders over £5,000, or a minimum deposit of £500 on orders under £5,000. Applicants may apply for loan amounts between £500 and £50,000, subject to eligibility and lender approval.
Pay nothing for the first 12 months and then have the option to spread the cost of your purchase over up to 5 years.
Representative example: Cash price £5,000, Deposit £500, Amount of Credit £4,500 at a fixed interest rate of 8.9% p.a. Interest Rate (APR representative) 8.9% APR. Amount payable: £120.07 per month over 48 months following initial 12 month holiday. Total amount payable: £6,263.36. Interest is accrued over full 60 month period.
***Interest-bearing credit
Minimum deposit of 20% on orders over £5,000, or a minimum deposit of £500 on orders under £5,000. Applicants may apply for loan amounts between £500 and £50,000, subject to eligibility and lender approval.
Lower monthly payments and the option to spread the cost of your purchase over up to 6 years.
Representative example: Cash price £15,000, Deposit £4,500. Amount of credit £10,500 at a fixed interest rate of 4.9% p.a. Interest Rate (APR representative) 4.9% APR. Amount payable: £197.13 per month over 60 months. Total amount payable: £16,327.80.
Disclosure:
MKM Building Supplies is an appointed representative of Clearfc Ltd which is authorised and regulated by the Financial Conduct Authority (FRN: 938464). Clearfc Ltd is a credit broker and not a lender. Credit is provided by Novuna Personal Finance. Credit subject to age and status.
We offer a preliminary soft search facility which does not affect your credit rating. Proceeding with your finance application includes a hard search which could affect your credit rating.If you're not completely happy with our service we'd like to hear about it so we can do something to put it right.
View our full Complaints Procedure
