Burnley Savings and Loans is an independent lending company. It offers a range of business and personal loans and hire purchase loans, and prides itself on a personal approach to lending, enabling people who have struggled to obtain finance from high street banks to obtain affordable loans.

BSAL officially opened its doors in September 2011.

BSAL is authorised and regulated by the Financial Conduct Authority.

You can visit it at our offices, which are at 30 Keirby Walk, Burnley BB11 2DE. Alternatively, you can contact us via e-mail on info@bsal.co.uk, by phone on 01282 454744 

To apply you must be over 18 and live in the area where the product is available (see individual loan pages for details). All loans are subject to status and terms and conditions apply.

Business / Hire purchase – minimum £2000, maximum £90,000.

Personal loan – maximum loan period 1 year. Business loan – maximum loan period 3 years. Hire purchase – maximum loan period 5 years.

Yes, you can repay your loan in part or full early. The settlement figure will be calculated on an actuarial basis and you will receive a rebate of interest dependent on the date the loan is settled in full.

Loans are offered with competitive rates of interest from 6.9% APR to 27.5% APR depending on credit status.

Yes. We review every application individually.

APR stands for annual percentage rate. It takes into account the interest and charges payable on a loan and so shows the actual cost of the loan.

The interest is calculated on a fixed rate per annum between 5% flat rate per year (representative APR 6.9%) and 14.9% flat rate per year (representative APR 27.5%).

If you are worried that you will be unable to make a repayment you must contact us immediately; we will work with you to agree a payment plan that suits your circumstances. You can contact us via email at info@bsal.co.uk

Your repayments will usually start one month after the loan is taken out and we always try to tie this into your pay date.

No, we manually underwrite every application. You obtain a decision from a person, not a computer.

Need any help!

Since 2011, Burnley Savings And Loans has been lending to community and country – both consumer and business loans’.,