Finclusion
Finclusion is a UK-based car finance provider offering Hire Purchase agreements designed to make vehicle ownership more accessible for people underserved by traditional lenders. The company uses data-driven underwriting focused on affordability rather than credit scores alone, and partners with trusted dealers across the UK to deliver a transparent application-to-ownership experience.
- Financial Technology
- Software Only
Funding
Founders
Product
Problem
Traditional car finance providers often rely heavily on credit scores, excluding many individuals who are credit invisible or have thin credit files. This leaves a significant portion of the population unable to access vehicle ownership, limiting their mobility and opportunities for financial progression.
Solution
Finclusion provides Hire Purchase (HP) car finance agreements that prioritize affordability over credit scores, using data-driven underwriting combined with human understanding to make responsible lending decisions. The company partners with trusted dealers across the UK to deliver a smooth, transparent experience from application to ownership. With HP, customers spread the cost of a car into fixed monthly payments over an agreed term, and once all payments plus an Option to Purchase fee are made, the vehicle becomes theirs. Finclusion aims to give more people the chance to build their credit, improve their mobility, and move forward with confidence.
Target Audience
Primary customers are individuals in the UK who have been underserved by traditional lenders, including those with limited credit history or lower credit scores, seeking accessible car finance options.
Features
- Hire Purchase agreements with fixed monthly payments and a clear Option to Purchase fee at the end of the term
- Data-driven underwriting that assesses affordability beyond traditional credit scores
- Partnerships with trusted UK vehicle retailers to facilitate a smooth application and purchase process
- Focus on financial inclusion, enabling customers to build credit through responsible repayment
- Compliance-driven approach with experienced motor finance and regulatory expertise