Hire Purchase is still regarded as the best way to fund the purchase of a vehicle. At O’Loughlin Bros we offer finance at very competitive rates. As appointed agents of various Finance Companies we will provide a finance package to suit your requirements.

Should you wish to apply for credit, complete the simple proposal form when you select a car, and we will contact you with a quotation.

We are regulated by the Financial Conduct Authority (FCA)

1 The Financial Conduct Authority (FCA)
The FCA is the independent watchdog that regulates financial services. Use this information to decide if our
services are right for you.
2 Whose products do we offer ?
BP-OLB Ltd T/A O’Loughlin Bros are authorised & regulated by the Financial Conduct Authority
(FCA) with a reference number 657712, for consumer credit purposes.
We act as a credit broker, not as lender, for the introduction to a limited number of finance providers only
for;
Hire Purchase, Personal Contract Purchase (PCP), Our panel of Lenders, who
may be able to finance your purchase are;
· Northridge Finance - Fixed Rate / % of Balance Financed Commission Model
· MotoNovo – Rate for Risk based Model / % Balance Financed
We act as their agent for this introduction and not as your agent. We are not an independent financial
advisor; we will provide details of products available. We may advise you on the products, subject to your
personal circumstances, though you are not obliged to take our advice or recommendation.
You are under no obligation to make use of any financial product arranged by BP-OLB Ltd T/A
O’Loughlin Bros. Other providers may offer similar products that may or may not meet your needs.
3 Which service will we provide you with
We will review suitable finance products for you after we have assessed your needs for;
Hire Purchase, Personal Contract Purchase (PCP).
You are not obliged to agree with our recommendations or to make any purchase of a finance
product. You may obtain free, unbiased guidance from the Money Advice Service at
www.moneyadviceservice.org.uk or Your Impartial Guide to Car Finance at
www.financingyourcar.org.uk.
4 What will you have to pay us for this service
You will make no payment to us for the introduction to our panel of lenders, typically
receive a commission from the lender if you decide to enter into an agreement with them. You
may ask us for details of such payments.
5 Who regulates us ?
BP-OLB Ltd T/A O’Loughlin Bros are directly authorised & regulated by the Financial Conduct
Authority (FCA) with a reference number 657712, for consumer credit purposes.
6 What to do if you have a complaint
If you wish to register a complaint, please contact us;
... In writing – O’Loughlin Bros, 166 Glen Road, Maghera, BT46 5JN
... by phone – 02879 644233
If you cannot settle your complaint with us, you may be entitled to refer it to the Financial Ombudsman Service.
www.financial-ombudsman.org.uk.
7 The Data Protection Act
BP-OLB Ltd T/A O’Loughlin Bros is also governed by the Data Protection Act (2018). This ensures any information
you give us is managed in a secure and confidential manner. This information may be passed to other groups or
affiliated members including those company(s) detailed in Section 2 above. Without this information BP-OLB Ltd T/A
O’Loughlin Bros is unable to process your order or enquiry. Under the Data Protection Act you may apply to have
this information restricted or removed at any time by telling BP-OLB Ltd T/A O’Loughlin Bros via phone on 02879
644233 or in writing to O’Loughlin Bros, 166 Glen Road, Maghera, BT46 5JN.