Finance & Credit Options
(Terms & Conditions Apply)
Trade Option: 30 Day Credit
Do I qualify for a 30 day account?
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Applications are subject to credit status.
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Applicants must be a Sole Trader, Limited Company or PLC and trading in the UK.
If you do not qualify for a 30 day account, you may also want to consider either one of our Capital Finance or Buy Now Pay Later credit schemes.
What products am I able to purchase?
You can purchase any products from Photomart on account and there is no minimum spending limit but please bear in mind that orders below a certain value are subject to delivery charges. Please check our general terms & conditions for details.
How do I apply
Limited Company or PLC:
Applications can be submitted by completing the “Photomart Account Application” form which is available to download as a .pdf document by clicking on the link below.
Sole Trader:
If you are a Sole Trader, then in addition to submitting a completed & signed application form, you will also need to provide copies of the following documents:
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Photo ID (passport or driver’s license)
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Recent utility bill at you current address (no more than 3 months old)
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Company letterhead
Completed and signed account application forms can be mailed to:
Accounts Receivable
www.photomart.co.uk
Unit 14 Waltham Park Way
Billet Road
Walthamstow
E17 5DU
Alternatively you can scan and attach the completed and signed document in an Email to Photomart Accountant.
Please Note:
Applicants are advised to read our General Terms & Conditions.
Applications that have not been signed will not be considered for credit.
Download “Photomart Account Application Form” (.pdf)
How long will it take?
We will need a just a little time in processing your application but we will endeavour to notify you within 2 working days from the day that we receive your application, either by telephone or by Email, whether your application was successful.
Please note that from time to time this process may take a little longer.
When and how do I make a payment?
Payment must be made up to 30 days after date of invoice. Please see “Payment terms” for details.
Payment can be made either by Cheque, Debit or Credit Card or by BACS transfer.
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Cheques can be made payable to Wincastle Ltd.
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Debit or Credit Card payments can be made over the phone to our accounts receivable department.
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For BACS payments, please contact our accounts receivable department for further details.
Our accounts receivable department can be reached by telephone on 020 8501 8855 or please send an Email to Photomart Accountant.
IMPORTANT - Please read carefully
Payment terms
All prices are 30 days nett after settlement. This means that a surcharge of 5% of the total value of your order will be added to your invoice but the surcharge will then be refunded in full as a discount upon prompt settlement of your account i.e. within 30 days from the date of invoice.
Termination of account facility
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Idle account: In the event that you do not use your account facility for a period of 2 consecutive months, your account may be suspended without prejudice. This means that you can simply apply to have your account renewed in which case your previous credit limit and credit status will not be affected.
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Default: In the event that any balances are not settled within 60 days from the date of invoice, your account facility will automatically be suspended. Following a period of prompt payments, you may apply to have your account renewed but your new credit limit will be reduced to 50% of your previously agreed limit. Your original credit limit will only be re-instated at the discretion of Photomart. Please note that a monthly administration charge of 8% will apply on any & all outstanding balances over 60 days.
It is better to ensure prompt settlement of invoices as this will prevent unnecessary inconvenience and/or delays with your account.
Please do not hesitate to contact us for any further information!
Consumer Option: Buy now, pay later
10% Deposit. Typical 29.8% APR
Do I qualify?
Applicants must be over the age of 18 at the date of application AND have permanently resided in the UK for a minimum of 3 years.
There is no maximum age limit.
Applicants must also meet at least one of the following criteria:
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Employed in regular, permanent employment (including students) AND working a minimum of 16 hours per week.
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Retired from regular employment and 50 years of age or over. Previous employment details will be taken into account.
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Not working through disability. Details of benefit will be taken into account.
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Self-employed. Proof of self-employment is required. This can be any one of the following.
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Valid VAT- or tax registration number.
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Valid SC60-, CIS4- or 714 reference number (if working as a sub-contractor in the building trade).
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Valid badge number (If working as a taxi driver).
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Any other valid proof of self-employment will be considered on an individual basis.
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A member of HM Armed Forces. A valid service number must be provided.
Applications are further subject to a credit assessment by the lender and therefore www.photomart.co.uk cannot guarantee the approval of any application. Due to the Data Protection Act, neither www.photomart.co.uk nor the lender have access to any specific reasons for decline and therefore no reason for decline can be provided.
What products can I purchase on a “Buy Now, Pay Later” scheme?
You can purchase any products on our “Buy Now, Pay Later” scheme
where you see the “Buy Now, Pay Later” logo (see right).
Definitions
Deferred period: The deferred period is the interest free period that starts on the date of the customer’s signature on the credit agreement and ends after a specified length of time (up to 6, 9 or 12 months) depending on the offer.
On trade application: An on trade application is an application that is submitted in person by the customer at the business premises of www.photomart.co.uk allowing the customer to provide proof of his or her signature in addition to proof of his or her address.
Distance application: A distance application is any other application that is not made in person by the customer at the business premises of www.photomart.co.uk. All distance applications are currently submitted by telephone. It is not possible to provide proof of signature when submitting a distance application.
How do I apply?
On trade & distance applications can be submitted during normal hours of trading. Please call our sales department on 020 8527 6006 OR visit our London showrooms.
View directions to our showrooms View our hours of trading
Step 1: Collect relevant information & documents
Ensure that you have all of the required information and documents ready when submitting your application:
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Personal & bank details. View our privacy policy
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Details of employment, pension and/or disability as above.
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Proof of address (in case of home delivery, no further proof of address is required):
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Bank or credit card statement dated within last 6 months.
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Valid driver’s license.
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Utility bill dated within last 6 months.
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Mobile phone bill dated within last 6 months.
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Store card statement dated within last 6 months.
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Proof of signature (in case of home delivery, no further proof of signature is required):
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Valid major credit card (E.g. Visa, Master Card, American Express).
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Valid cheque guarantee card.
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Driver’s license.
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Passport or HM Forces ID card.
Please note that in the case of distance applications, proof of signature cannot be provided. For fraud prevention, goods may only be collected in case of on trade applications. Furthermore, in the case of distance applications, goods can only be delivered to the address that appears on the document that was provided for proof of address. Standard delivery charges apply.
Step 2: Call us OR visit us
Call us on 020 8527 6006 OR come in and see us at our London based showrooms. Either way, one of our sales assistants will be on hand to give you specialist advice on the products you are interested in AND they will also be able to further assist you with your credit application.
Step 3: Sign and return the agreement
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Upon acceptance, you will receive a Credit Agreement Pack. We can either print this out for you while you wait (on trade application) OR we can send it to you by Royal Mail (distance application).
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Your agreement pack will contain the following:
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Welcome Letter
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Pre-Contract Information Sheet
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Credit Agreement (two copies)
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Direct Debit
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Please read the Pre-Contract Information Sheet before signing both copies of the Credit Agreement as well as the Direct Debit.
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Please return a signed copy of the Credit Agreement together with the signed Direct Debt. Please retain the remaining copy of the Credit Agreement for record purposes.
For distance application, please mail the completed documents to:
Accounts Receivable
www.photomart.co.uk
Unit 14 Waltham Park Way
Billet Road
Walthamstow
E17 5DU
Step 4: Payment
A 10% deposit will be collected and your goods will subsequently be despatched.
How long will it take?
In most cases, decisions are given almost instantaneous in which case your application may be accepted, referred or declined (see below).
In case of on trade applications, it is possible that you may be able to receive your goods the following working day OR you may be able to collect them on the very same day. Please note however that from time to time it is possible to experience delays of up to a day or two depending on the assessment of your application.
A “distance application” works slightly differently. Upon acceptance an Agreement Pack is sent to you immediately by Royal Mail. When we receive back the completed Agreement and Debit Order, you will be contacted that same working day to collect payment of your 10% deposit. Your goods will be dispatched to your valid delivery address for delivery on the following working day.
Accepted
If you have supplied accurate and relevant information and your application receives a positive assessment, it will in all likelihood be accepted straight away. When your application has been accepted, it’s only a further matter of receiving, reading, signing and returning the relevant documents. Upon receiving payment of your deposit, the goods can then be *collected or they can be despatched immediately. There is no cooling down period!
Referred
In the event that your application is referred, you will be contacted on the same or following working day by one of the lender’s specialist advisors. You may be required to provide further information. Your application will subsequently be re-assessed and then either declined or accepted.
Declined
Applications may be immediately declined, declined pending referral OR declined later the same or following working day. You are free to submit a new application should your circumstances improve at a later stage. Please note that due to the Data Protection Act, no specific reasons for decline can be given. You will also receive a letter from the lender outlining their procedure for assessing applications and offering advice on how to further query the decision.
*Goods may only be collected in case of an “on trade application” provided that proof of address as well as proof of signature can be provided with the application.
When and how do I pay?
There are four options to consider for making payment:
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A 10% deposit can be paid prior to the goods being shipped and the remaining balance settled in full, interest free, at the end of the deferred period. An administration charge may be charged by the lender in case of early settlement.
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A 10% deposit can be paid prior to the goods being shipped or collected and interest free payments can then be made, entirely at the discretion of the customer, over the deferred period. At the end of the deferred period the customer may opt either to settle the remainder of the balance in full, interest free, OR over 36 equal monthly instalments at typical 29,8% APR.
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A 10% deposit can be paid prior to the goods being shipped or collected with the remainder of the balance to be paid over 36 equal monthly instalments at typical 29,8% APR. Payments start at the end of the deferred period.
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A 10% deposit can be paid prior to the goods being shipped or collected and arrangements can subsequently be made with a bank or financial institution to settle the remainder of the balance in full, interest free, over the deferred period by standing order. Standing order details will be provided.
Please note, an administration charge may be charged by the lender in case of early settlement.
Capital Finance Option: Lease
Lease Rental Calculator
Do I qualify?
Qualifying criteria may vary from one leasing company to another. Many of our customers use a company called Photo Lease for leasing capital equipment. Photo Lease assesses every application on an individual basis taking all circumstances into consideration.
Leasing is primarily used for commercial investment and not recommended for general consumers.
You do NOT need to be VAT registered.
Why should I lease?
Leasing is generally seen as the most effective way of financing investment in capital equipment. The benefits of leasing are:
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Banking facilities are left available for special projects and unforeseen expenses.
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Only a small initial outlay, usually amounting to just one month’s rental, is required.
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Payment can be spread over a period of two to five years depending upon the value and the type of equipment.
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A single payment at the end of the lease guarantees retention of the asset for the remainder of its working life.
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If you want to sell the equipment after the lease has ended you will receive the sale proceeds.
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Rentals are fully tax deductable.
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Cash flow is protected and the asset earns revenue in payment of the lease.
If you are still not convinced, why take our word for it? Speak to your accountant or an independent advisor or call us on 020 8527 6006 and we will put you in touch with an advisor from a specialist leasing company.
What products can be leased?
Only capital assets can be leased. This may include any of the following:
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Photo printers (dye sub printers, inkjet printers, large format printers, mini labs etc.).
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Retail solutions (photo booths, photo kiosks, remote order entry systems, ID systems etc.).
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Camera equipment (professional cameras, lenses, studio equipment, lighting equipment etc.).
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Viewing equipment (professional monitors, touch screens, plasma screens etc.).
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Security & surveillance equipment (cameras, recording equipment etc.).
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Office equipment (photo copiers, printers, computers etc.).
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Any other equipment that can be used for commercial pursuit.
In most cases liquid assets such as inventory and consumable items cannot be leased.
In most cases software products, unless supplied as an essential component of a larger overall solution, cannot be leased.
In most cases liquid assets such as inventory and consumable items cannot be leased.
Generally a leasing company will not lease second hand equipment.
How do I apply for a lease?
Step 1: Call us OR visit us
Call us on 020 8527 6006 OR come in and see us at our London based showrooms. Either way, one of our sales assistants will be on hand to give you specialist advice on the products you are interested in leasing. You will then also be introduced to a consultant from a leasing company OR you may use your own leasing company.
Step 2: Consult with your leasing consultant
We will provide the consultant with all the information he needs about the equipment you are interested in leasing. The consultant may however have a number of questions for you regarding the intended purpose of the equipment, certain details regarding your business, current financial status etc. The purpose of these questions are to pre qualify your application so please make sure you are prepared with all the relevant information.
This would also be an opportune time for you to ask any questions that you may have regarding leasing or more specifically, regarding the lease. Also be sure to ask your consultant for advice on what the length of the term should be to ensure you enjoy typical maximum financial benefit.
Step 3: Complete and submit an application
The consultant will either direct you to a link where the relevant application forms can be downloaded or these can also be mailed or Emailed to you. Complete the application forms or even better still, have your accountant complete the application forms for you and return these to the leasing company.
Step 4: Sign and return the leasing agreement
You will receive the leasing agreement either by post OR your consultant may even come to see you and deliver it by hand. Please read the agreement carefully before signing and return the document to the leasing company. Once the agreement has been signed the leasing company will send us the required confirmation. We will immediately release the goods upon receiving the confirmation.
How long will it take?
In most cases a decision can be given by the leasing company on the same or on the following working day. Please note however that in some cases the leasing company may require further information from you resulting in possible delays so please ensure that all the information that you provide is complete and accurate.
Once your application is approved, it is just a matter of receiving the leasing agreement by Royal Mail or delivery by hand and then returning the signed leasing agreement.
Please allow one more working day for delivery.
Payment terms and conditions
Please read the terms and conditions of the agreement and discuss methods of payment with the leasing consultant. Expect to have to pay an initial rental that will be roughly equivalent to one month’s rental followed by a number of equal monthly rentals spread out over the term of the lease.