Personal Loans

ICAN Finance has a panel of lenders and packagers that offer both secured and unsecured personal loans. We do this so that we can try to achieve the best product for the individual borrower and their individual personal circumstances — whether they have a “prime” or “adverse&rlquo; credit rating.

Apply NOW

Complete our short application form online and ICAN Finance, or one of our panel, will be in contact with you to discuss the options open to you. It costs you nothing to find out and there is no commitment by completing this form. More details of both secured and unsecured loans can be found below.

Click here to Apply for a Personal Loan

Types of Personal Loans

Secured Loans

Unsecured Loans

Why Choose a Secured Loan


What is a Secured Loan?

It is a loan provided by a secured lender to a borrower using their residential home as security for the loan

What are the main advantages of a Secured Loan?

Loan amounts from £2,000 up to £100,000 can be granted on a repayment basis which may significantly reduce the monthly outgoings of a borrower.

What will the Secured Loan cost me

Dependent on the lender the interest rate charged can be variable or fixed for a period of time. The borrower will pay a monthly payment as detailed on the Credit Agreement and this will need to be signed by the borrower prior to the loan completing. The Credit Agreement will also detail any costs associated with completing and processing the borrower’s loan and in most cases these will be added to the loan amount.

Secured Leander Quick Reference Guide

Panel Lender Max LTV Loan Amounts Terms Mortgage Arrears Self Employed Time in Self-Employment Benefits and Pensions
Nemo 85% £10,000 to £100,000 5-25 Years No Mortgage Arrears Accepted 2 Years Some
Shawbrook 85% £3,000 to £100,000 3-25 Years 1 in last 12 months Accepted 6 Months Some
Portal Portfolio 80% £10,000 to £75,000 5-20 Years No Mortgage Arrears Accepted 6 Months Some
Blemain Finance 77.5% £3,000 to £50,000 more on referral 5-30 Years Unlimited Accepted 1 Year Most
CentralTrust 75% £3,000 to £50,000 3-25 Years 2 Accepted 1 Year Some
Norton 70% £3,000 to £25,000 more on referral 1-20 Years Max 1 month Current arrears Accepted 1 Year Most
Keyline Credit 70% £2,000 to £10,000 1-15 Years Max 1 month Current arrears Accepted 1 Year Most
Prestige 60% £5,000 to £40,000 more on referral 5-25 Years Unlimited Accepted 2 Months Most
Swift 60% Up to £50,000 5-25 Years Unlimited Accepted 1 Year Most

The Unsecured Loan Application Process

Unsecured Loans can be used for various purposes including home improvements, to purchase a new car, have a well earned holiday, or simply to consolidate debt with one manageable monthly payment. There are no costs associated with the loan and a loan application can be completed within days of submitting the case to ICAN Finance.

Unsecured Loan Reference Guide - "Homeowners Only"

Age:18 to 75 years old
Applicants:Single or Joint
Min Loan/Max Loan:£500 - £10,000
Charge Rates from:21.3%
Term:13 to 60 months
Employment:Must be Employed — Self Employed may be considered
C C J's:None in the last two years
Debt Management:Not Accepted
Minimum income:£10,000
In Principal Decision:Within minutes


What are the main advantages of an Unsecured Loan

Quick and easy to arrange with no fees and most loan purposes considered

What will the Unsecured Loan cost me

The borrower will have to pay a fixed rate on the amount borrowed. The interest charges throughout the term of the loan and the repayment of the amount borrowed are added together and then divided into equal monthly payments

Can I Settle the Unsecured Loan before the end of the term

Yes whilst there is no set amount, an early repayment charge is usually equivalent to one or two month’s interest. The earlier in the term you repay the loan, the higher the charge as the interest component of the loan repayment makes up a higher proportion of the repayment, the earlier in the loan term it is. The borrower can also overpay his monthly payment without any early repayment charges.