SweepBank offers affordable financing on purchases of up to 20 000 €.
Financing specialists
With SweepBank Sales Finance, your customer will receive an instant credit decision at the point-of-sale and can make larger purchases with a convenient installment plan and an affordable interest rate.
Customer benefits
SweepBank Sales Finance customers will also receive a virtual credit card which they can use for any additional purchases, great Sweep Deals offers, and a digital banking app where they can keep track of their installment, credit card, invoices, and other transactions.
Improved sales potential
We are happy to offer a fully automated credit decision, and an easy-to-use online sales portal to make extending a financing offer to all your future customers at your retail location.
Example monthly installments
With loan terms from 12-120 months, your customers are able to choose a suitable loan term that best fit their financial goals.
Connect with our Sales Finance team
Kari Mikkola
+358 50 054 2920
kari.mikkola@mysweepmysweep.com
Area: Keski-, Kaakkois-, Itä-, Pohjois-Suomi
Ari Aho-Mantila
+358 50 380 8718
Ari.ahomantila@mysweepmysweep.com
Area: Etelä- ja Länsi-Suomi
FAQs
- Credit up to 20 000 €
- Up to 120 month term
- Affordable monthly installments
- Variable nominal interest rate of 9,05% including 3 months 3,053% (3.4.2023) Euribor + 6 € monthly service fee
See all SweepBank Sales Finance terms & conditions.
For example, for a credit amount of €7 000 with a variable nominal interest rate of 9,05%, including a 3 month Euribor rate of 3,053% (3.4.2023) and a margin of 6%, monthly payment of €6 / month, annual percentage rate of 10,56%. Repayment in 120 month installments of €94,87 / month. Total cost of the credit €11 385, of which €4 385 is for charges.
We look forward to serving customers who meet these minimum requirements:
- At least 25 years of age or older
- Continuous employment for minimum 4 months
- Earning regular income of 3,000€ per month or greater
- A good credit standing
Customers of SweepBank Sales Finance will pay:
- Variable nominal interest rate of 9,05% including 6% margin and 3 months Euribor 3,053% (3.4.2023)
- A monthly service fee of €6
- Annual percentage rate: For example, for a credit amount of €7 000 with a variable nominal interest rate of 9,05%, including a 3 month Euribor rate of 3,053% (3.4.2023) and a margin of 6%, monthly payment of €6 / month, annual percentage rate of 10,56%. Repayment in 120 month installments of €94,87 / month. Total cost of the credit €11 385, of which €4 385 is for charges.
- For SweepBank Credit Card purchases, the customer will only pay a fixed interest rate of 19,99% on any used credit. There are no monthly or annual fees for the SweepBank Credit Card only.
In addition to receiving financing for their purchase, every SweepBank Sales Finance customer will receive:
- Free digital bank account with current and savings account
- A SweepBank virtual debit card
- A SweepBank Credit Card which will be approved with every Sales Finance credit
SweepBank Sales Finance customers are welcomed to download the SweepBank app and login using the PIN they created during their Sales Finance application.
Once logged in, they will be presented with a SweepBank virtual credit card which can be activated directly in the SweepBank app.
Each SweepBank Sales Finance customer will be invoiced via email every month.
The monthly installment amount will be debited from the customer's SweepBank current account, which can be topped-up with funds from a secondary bank account or card.
We are powered by Multitude Bank p.l.c. Our mission has been "anywhere, anytime, anyone" - now we are adding "anything" with SweepBank.
Multitude Bank p.l.c., ST Business Centre 120, The Strand, Gzira, GZR 1027 Malta. Multitude Bank p.l.c., registered under the laws of Malta with registration number C56251, licensed by the Malta Financial Services Authority as a credit institution in terms of the Banking Act.