Snap Finance UK (Snap), which provides PoS consumer finance solutions to retail sectors including home and garden, electronics, automotive, jewellery, training and sports, has reported growing appetite from consumers for retail finance in November 2025.
As more consumers opted to spread the cost of purchases, the company saw its highest number of monthly credit applications in the last three years. Monthly application levels were up 22% from November 2024 and 58% from November 2023.
November 2025’s loan agreement levels also increased 7% YoY alongside a 16% rise in the total amount of monthly funding provided. Throughout the same period, Snap also reported an 8% YoY increase in the average amount provided to individual consumers.
Andy Smith, CEO at Snap, says: “Snap’s November data further illustrates a growing appetite amongst consumers for PoS retail finance. It also demonstrates to the merchants we partner with how providing accessible, inclusive retail finance options to customers can help unlock the full potential of the busiest retail periods.
“Today, many consumers face barriers to accessing finance with mainstream lenders, and retailers must ensure that they are equipped to say ‘yes’ to those wanting to spread the cost of purchases. Throughout this year’s festive sales period, we expect to see continued momentum in our retail finance solutions, which, in turn, will open up our retail partners to a broader customer base. Underpinning this is our mission to be a retail finance partner which thinks differently – prioritising inclusivity, accessibility and responsibility.”
Snap provides retail finance solutions for brands including Bensons for Beds, Simba Sleep, Sofa Club, Euronics, Euro Car Parts and Flooring Superstore.
