Selina Finance is open for business and will stay open
We know things are pretty stressful at the moment. With new government guidance every few days and an uncertain few months ahead of us, it’s perfectly understandable to be feeling a bit worried about your finances.
Rest assured that Selina Finance is still open – and will stay open – no matter how the coronavirus pandemic evolves. Our team is working non-stop to provide the necessary support and financing to SMEs and property investors all around the UK.
If you have any doubts at all and would like to discuss your situation, please get in touch with us - our contact details are found on this page.
Can I still apply for a credit facility?
Absolutely! We are accepting applications and supporting both businesses and property investors from across the country as always. With no setup fees or early repayment fees, our facilities are quick and easy to set up, and just as easy to repay when this challenging period is behind us. You can submit a funding inquiry in just a minute and it won't affect your credit score.
Will the current situation affect my application for a credit facility?
There is nothing you need to do if you’ve already applied for a credit facility with us. We continue to process applications and we are still funding customers as usual. However if you feel your circumstances have changed or are likely to change in the near future, then please contact us to let us know.
What if I am not able to make my repayments?
If you cannot make your regular payments, please contact us as early as possible.
We will discuss your situation and agree on the best way forward given the challenges you are facing. We may be able to explore multiple options for you including payment holidays, switching to interest-only repayments for a period, or partial repayments.
Our priority will always be to find the solution that is best suited to your circumstances.
What is a payment holiday?
The government has announced that you can apply for a 3-month mortgage payment holiday if you can’t pay your mortgage due to coronavirus.
A mortgage payment holiday is a break from paying your mortgage which has been agreed by your lender. The details of how to apply for this payment holiday are still vague, but we’ll update this page as soon as we have more information. If you think you may not be able to pay your mortgage, we advise you get in touch with your lender as soon as possible to discuss your options.