Raphael Finance is the principal brand name for the Lending Division of R. Raphael & Sons plc (Raphaels Bank). Previously known as Southern Finance, they have financed wheelchair adapted vehicles since 2006.
Raphaels Bank is one of the UK’s oldest independent banks, being able to trace its origins to 1787. Today Raphaels Bank operates as a dynamic, niche savings and lending bank with a portfolio of ATMs and a well-established, market-leading Payment Services division.
Raphael Finance provides a range of hire purchase schemes for new and used vehicles including cars and motor homes adapted to transport wheelchairs and users for personal or business use.
Raphael Finance is flexible in its approach to underwriting and is able to provide finance for private individuals, groups combining allowances and business users including care homes, charities and community transport operators. Credit is provided under traditional hire purchase, where ownership of the vehicle passes to the customer upon full completion of the terms of the agreement.
You do not need to be in full-time employment to apply. Your ability to meet the monthly payments is the most important factor. Raphael Finance takes its role as a responsible lender very seriously and endeavours to structure a financial repayment and term to suit your circumstances.