The chance for people and communities to grow ideas into small businesses.

Find out how Purple Shoots can help you

Personal Loans

To apply for a fair and affordable personal loan click here or call us on 07726 599267

Five Lamps’ mission is to transform lives, raise aspirations and remove barriers to social, economic and financial inclusion. One of their key values is to make people matter by releasing their potential and encouraging self-worth. Five Lamps have been a charity for more than 30 years operating initially in the North East of England, but now with national coverage, and have similar charitable objectives to Purple Shoots

We have chosen to partner with their FCA regulated personal lending arm Conduit because we believe they are the best in the market and we can rely on their underlying values of fairness and ethical practice. You can apply for a loan online or speak to one of their friendly team over the phone.

When you first click through on the link, you might think that the APR looks high, but other leading lenders in this market charge significantly more. The Conduit website provides comparison of their loans against other lenders. There are no hidden fees. The following table illustrates the cost of borrowing from Conduit :

 

26 Weeks

26 Weeks

52 Weeks

52 Weeks

Amount Borrowed

Weekly Payment

Total Repaid

Weekly Payment

Total Repaid

£100

£4.58

£119.08

-

-

£200

£9.16

£238.16

£5.36

£278.72

£500

£22.90

£595.40

£13.41

£697.32

These are illustrative examples. Representative APR 99.8%.