BASKET

FINANCE
POLICY

GUN FINANCE

You can spread the cost of most products on orders over £750 with our finance options, offered by Omni Capital Retail Finance.

There are various terms, APR rates and deposit levels to allow you to tailor finance to suit your budget. Take a look at the calculator (‘Click for Options’) on applicable products.

For more information on the lender, application process and for terms and conditions, see below

PLEASE NOTE: The application process includes a credit check. For more information on credit checks, credit and finance visit the Money Advice Service website.

London Gun Company Ltd is not a lender but is acting as a broker on behalf of Omni Capital Retail Finance Ltd, 10 Norwich Street, London, EC4A 1BD and is authorised and regulated by the Financial Conduct Authority. Firm reference number: 720279.

 

Am I eligible for finance? 

The contents of your application will be assessed by Omni Capital, our finance partner, and you will receive an instant approval or refusal of credit. In exceptional cases, your order will be held for manual assessment and you can expect to be notified by email of the credit decision within a few working hours.

All loans are subject to status and you must be at least 18 years old and a permanent resident in the UK. Customers from outside the UK cannot apply for finance through the London Gun Company & Omni Capital. 

Please note that finance is available on selected items only and these will be clearly flagged as eligible on our website. Unfortunately we cannot split finance orders into multiple deliveries. When paying by finance, we can only deliver your order to your home address supplied in the application process. We cannot make any exceptions to this rule. 

 

What is the best finance deal I can get on my product?

For every product where finance is available you’ll see an Omni Capital finance calculator with our best finance offers for that product. Select a finance plan and deposit option to instantly calculate the monthly repayment amount. You choose how much deposit to pay, from 0 to 50% in 5% increments. Please note that these options just give an indication of the finance deals available. You make your final decision on which finance package you would like when in store purchasing the gun.

 

How do repayments work? 

Monthly repayments will be taken by direct debit. Your finance agreement starts when you receive your goods. You don’t start repaying your loan until a month after you have purchased. 

 

Cooling off period? 

You have 14 days from the receipt of your order to change your mind about the purchase. If you wish to keep the goods but cancel the finance, all you have to do is contact us and pay for the order via an alternative means (i.e. a credit card or bank transfer). London Gun Company will then cancel your credit agreement and. If you don’t wish to keep the goods, then you must return your order to London. Gun Company in the same condition that you received it, at which point London Gun Company will cancel the agreement.

Help – Frequently Asked Questions

  1. Who are Omni Capital Retail Finance?
  2. How do I apply for credit?
  3. How do I ask a question about the Credit Agreement?
  4. Why did you send me an email titled “Important Pre-contract Information”?
  5. How long does it take to apply online?
  6. What are the requirements for finance?
  7. Can I apply for credit over the phone or in person?
  8. Why was I declined?
  9. Can I cancel my credit agreement if I change my mind?
  10. Will the finance company perform a credit check?
  11. What is responsible lending?
  12. What is responsible borrowing?
  13. What if I have bad credit?
  14. What if I have a complaint about the finance company?
  15. I have a question, problem or need to return my product
  16. What if my enquiry is not answered by the FAQs?
  17. Do I need a bank account?
  18. Do I need to pay a deposit?
  19. How do I repay the loan?
  20. Can I pay my agreement off early?
  21. How much does the loan cost?
  22. Are there any other charges?
  23. How long before I have to repay a loan?
  24. What APR will I be charged?
  25. What if I’m already in debt?

 

General

Who are Omni Capital Retail Finance?
Omni Capital Retail Finance Ltd is a retail finance company that is registered in England and Wales, Reg No 7232938. Registered address: Thames House, Portsmouth Road, Esher, Surrey, KT10 9AD. Omni Capital Retail Finance Ltd is licensed by the Office of Fair Trading Consumer Credit Licence Number 649286. If you have a query concerning an agreement with Omni Capital Retail Finance you can contact them on 0333 240 8318 or info@ocrf.co.uk 
For more information please visit http://www.omnicapitalretailfinance.co.uk

 

How do I apply for credit?
Speak with one of our team in store

How do I ask a question about the Credit Agreement?
If you have a question, If there is anything you do not understand or if you require any further information regarding the credit agreement, please call Omni Capital Retail Finance on 0333 240 8318 or seek free, independent advice from organisations such as the Citizen Advice Bureau or the Money Advice Service.

 

Why did you send me an email titled “Important Pre-contract Information”?
The Consumer Credit Act 1974 stipulates that we provide you with an explanation of your credit agreement, information about the agreement and a copy of the agreement itself. We email this information to you when you commence the credit application process in order that you can review it before you enter into the agreement. We ask you to confirm that you have received it and are aware that you should read and understand this information before completing the credit application.

 

How long does it take to apply online?
Your application form typically takes less than 5 minutes us to complete with you. Your application is then instantly sent to the finance company and they will typically respond with their decision in around 10 seconds. Some applications may take longer to process. If for any reason we can’t give you an instant decision, we’ll send you an email the moment a decision is made.

 

What are the requirements for finance?
You must be 18 years old or over.
In regular full or part time employment (minimum 16 hours per week, unless you are retired or a houseperson with a spouse in full time employment).
Be a permanent UK resident and able to supply a UK address history for the last 3 years.
You must have a UK bank account capable of accepting Direct Debits.
No adverse credit history (no CCJ’s, IVA’s or bankruptcies).
The goods must be delivered to your home address.
The deposit must be paid using a credit or debit card.

 

Why was I declined?
Unfortunately we are not given the reason why a customer is declined for credit. The authorisation process is carried out by Omni Capital and we have no part in the decision. The decline message is sent to us by the lender with no explanation or justification. Sometimes, the reason for a decline is that incorrect information has been entered in the credit application form. Please ensure you carefully enter all required information. 

If you wish to find out more about your credit status please contact Omni Capital direct: Omni Capital Tel: 0333 240 8317 or email customerenquiries@ocrf.co.uk

Or to find out more about your credit file, please contact one of the following:

 

Experian Limited
Landmark House
Experian Way
NG2 Business Park
Nottingham
NG80 1ZZ
www.experian.co.uk

 

Callcredit Limited
Consumer Services Team
PO Box 491
Leeds
LS3 1WZ
www.callcredit.co.uk

 

Equifax Limited
Credit File Advice Centre
PO Box 1140
Bradford
BD1 5US
www.equifax.co.uk

 

Can I cancel my credit agreement if I change my mind?
You have the right under section 66A of the Consumer Credit Act 1974 to withdraw from the agreement without giving any reason before the end of 14 days (beginning with the day after the day on which the agreement is made or, if later, the date on which we will tell you that we have signed the agreement). If you wish to withdraw you must give the finance company notice in writing or by telephone or email. The name of your finance company will be clearly shown on your credit agreement (see contact details below). Please note that if you do give notice of withdrawal, you must repay to the whole of the credit without delay and in any event by no later than 30 days after giving notice of withdrawal. You will also have to pay interest accrued from the date the agreement was made until the date you repay it. If you wish to pay by debit card please telephone the finance company. If you wish to pay by cheque please send it by first class post to the finance company. Please allow 10 working days from the day you post the cheque to allow time to process the payment.

Omni Capital Retail Finance Ltd is a retail finance company that is registered in England and Wales, Reg No 7232938. Registered address: Thames House, Portsmouth Road, Esher, Surrey, KT10 9AD. Omni Capital Retail Finance Ltd is licensed by the Office of Fair Trading Consumer Credit Licence Number 649286. Call us on 0333 240 8318 between 9am-5pm Mon-Fri.

 

Will the finance company perform a credit check?
Yes. A credit check forms part of the automated decision making process and is part of a responsible lending policy.

 

What is responsible lending?
Responsible lending is providing credit, based on background checks and professional judgement, to people who can accommodate regular repayments without getting into financial difficulty. Before the finance company will offer credit, they will assess whether they feel you will be able to repay it. Finance companies endeavour to make their decisions as transparent and as objective as possible. Credit scoring is one of the decision-making tools they use: a technique used to assess the probability that customers can and will meet their financial commitments. Credit scoring uses data received from credit reference agencies. These systems help finance companies make decisions about opening accounts and granting credit by using statistical techniques to measure the likelihood that a customer applying for credit will be an acceptable credit risk. It can also help to accelerate the decision making process. The Finance companies responsibility to lend responsibly should be seen as a complement to customers’ own obligations to borrow responsibly.

 

What is responsible borrowing?
Borrowing from a finance company can be a very useful way to smooth out the gaps between your income and expenditure. Sensible borrowing has empowered generations of people to buy goods and services that would otherwise be well beyond their reach. Used sensibly, borrowing money can be a very good tool for managing your finances, such as spreading the cost of a purchase over a number of months. The key is to remain in control of your money and to make sure that you do not over-stretch yourself.

 

What if I have bad credit?
The finance company uses an automated credit check as part of their decision making process. If you have an adverse credit record it may affect their decision. To give yourself the best chance of acceptance, please ensure you complete the credit application form correctly. Please don’t apply for credit unless you’re sure you will be able to comfortably repay it.

 

What if I have a complaint about the finance company?
If you would like to make a complaint, in the first instance please contact Omni Capital by email or telephone (see below). Their customer service team will try and resolve any problems. If you are dissatisfied with the result of that complaint, then please contact the “Chief Executive Officer” of your finance company in writing at the address listed below:

Omni Capital Retail Finance Ltd is a retail finance company that is registered in England and Wales, Reg No 7232938. Registered address: Thames House, Portsmouth Road, Esher, Surrey, KT10 9AD. Omni Capital Retail Finance Ltd is licensed by the Office of Fair Trading Consumer Credit Licence Number 649286. Call us on 0333 240 8318 between 9am-5pm Mon-Fri.

 

I have a question, problem or need to return my product
London Gun Company customer services via email, info@londongunservices.co.uk.

 

What if my enquiry is not answered by the FAQs?
Answers to the most frequently asked questions are detailed in this section. If your enquiry cannot be answered by the FAQ please contact London Gun Company via email, info@londongunservices.co.uk.

 

Payment

Do I need a bank account?
Yes. You must have a UK bank account capable of accepting Direct Debits.

 

Do I need to pay a deposit?
Not always, the finance offered by the London Gun Company & Omni Capital can sometimes include no deposit offers. Check the finance calculator of the products you are looking at for the minimum deposit required for that product.

 

How do I repay the loan?
Your monthly repayments are collected by Direct Debit.

 

Can I pay my agreement off early?
You have the right to repay all or part of the credit early at any time.

 

How much does the loan cost?
The total cost of the loan is shown clearly on the finance agreement.

 

Are there any other charges?
If you fail to pay any amount you owe under the Credit Agreement by the date it is due, the finance company may charge you interest on that amount until you pay it. They may also levy charges for:

processing any payment made other than by Direct Debit, sending arrears letters, reminders or documents to which you are not entitled
arrears telephone calls
tracing you if you move address without notifying them
cheques, standing orders or Direct Debits which are dishonoured, stopped or not paid by you
Please refer to the credit agreement for full details.

 

How long before I have to repay a loan?
Omni Capital will write to you to confirm the date that your repayments will commence. The first payment is typically due 30 days following the date of delivery of your order.

 

What APR will I be charged?
The APR is shown clearly on the credit summary (in the top right hand corner of the screen) throughout the credit application process. It is also shown clearly on the credit agreement itself.

 

What if I’m already in debt?
If you are already experiencing problems meeting existing financial commitments, please do not apply for credit. Further borrowing will only add to your commitments and repayments will commence within a month. If you need help with your debts, we recommend you talk to the Citizens Advice Bureau or the Consumer Credit Counselling Service.

 

WE'RE
HERE TO HELP

Talking to us is easy. We’re always happy to help with any questions you may have about gun maintenance or storage, the sport, or purchasing a new gun. Use any of our contact details below, or fill out our contact form.

Shop Opening Hours:
Monday – Friday 9 am – 6 pm
Saturday – 9 am – 5 pm
Sunday – By Appointment only 24 hours Notice Required.

By appointment times for existing storage customers:
Monday – Friday 7 am – 7 pm
Saturday – 8 am – 6 pm
Sunday – By Appointment only 24 hours Notice Required.

Call us on: +44 (0) 207 351 0005
Email us at: info@londonguncompany.co.uk

Our Address:
498 Kings Road
London
SW10 0LE