Introductory Loan

Introductory Loans are available to members who may have recently joined or have never borrowed from us before. Borrow from £100 to £2,000.

Introductory Loans

Borrow between £100 and £2,000

Borrow for just about any purpose

Fixed-rate of 34.5% APR

Maximum term of 24 months

Repayments by member Payroll Deduction or Direct Debit

You must be over the age of 18 and be in employment

You must have a minimum monthly income of £1,000

You must not have been declined for a loan with us within the last 90 days

Here’s what our members say

Luke
I got accepted for my debt consolidation loan yesterday and you have paid off the debts which is fantastic! Thank you so much! It’s like a breath of fresh air!
Testimonial Image
Army Officer
Luke
Mo
I set up a savings account with First Defence Finance about two months ago. I wanted an easy way to save and this comes straight from my pay so it's perfect. By Summer 2022 I will be able to pay for me and my wife to travel to India to see friends and I cannot wait!
Testimonial Image
Ministry of Defence
Mo
James
I was struggling really badly with managing my debts. I was meeting all my monthly repayments but I was getting confused with four Direct Debits all coming out at different times of the month and sometimes I didn't dare spend anything on my card. One of my mates from the barracks told me they had a car loan with First Defence [Finance] so I decided to open an account. I applied to join online then a few days later I applied for the loan. My loan was approved and all four of my creditors were paid within 3 days. I feel so relieved and now I have ONE monthly payment which comes right from my wages. My bank account is so much easier to manage now!
Testimonial Image
HM Forces, Army, Infantry
James
Ian
I was able to afford a car that I would never normally get. The money for repayments is handled through my payslip so no stress.
Personal Loan
Ian
Sam
A personal loan enabled me and my wife to afford IVF services and that has been successful and are now 23 weeks pregnant. Thank you!
Personal Loan
Sam
William
I needed to consolidate some debt. With the help of First Defence Finance, I pulled it all together which allowed me to go debt free within 6 months on a single monthly payment. I then was able to buy a new family car as I had additional income available.
Debt Consolidation
William
Samantha
The instant up to £500 Flexi Credit loan helped me to consolidate and pay off debt quickly without concerns of large interest amounts!
Testimonial Image
Flexi Credit
Samantha
Lee
A huge weight has been lifted knowing that not only was my debt was being repaid quicker, but it was from source, a large amount of the uncertainty had been taken care of. The ability to save alongside separately for those annual bills added to the sense of security helping me to work my finances out properly now and for the future.
Debt Consolidation
Lee
Thomas
I was stuck with multiple loans, which I was paying high interest rates for. I was able to consolidate all my loans and credit cards and pay them off with the help of First Defence Finance which saved me thousands of pounds in interest repayments.
Testimonial Image
Debt Consolidation
Thomas
Jimmy
I needed to get a loan as my car had broken down at Christmas time. I had been rejected by other companies but First Defence Finance assisted me and made Christmas a lot easier.
Personal Loan
Jimmy

Become a member and start saving today!

We put this in practice by providing you with fair rates of borrowing, flexible savings accounts to kickstart that habit and financial education as a means of giving you the tools to manage your finances more effectively.