What is Non Prime funding? Well to look at it simply it is the area in the finance market which covers any case that doesn’t fall under the ‘Prime’ category. There are quite a few lenders who operate in the Car Lease market but they operate using specific guidelines all based around perceived risk and the likelihood of the customer to repay the amount being borrowed. In recent times the great majority of all Car finance and Leasing funders have raised the bar as to what they deem an applicant needs to show on their credit file to be successful. Whereas in the past you would possibly see customers who had perhaps been late on only one or two repayments still Approved the new stricter controls now sees the underwriters deciding the risk is too much. This means that many millions of UK applicants have been moved from being a Prime customer and the only route for them to secure finance is through the Non Prime sector. Don’t panic though as here at MSG Cars we specialise in securing lending for those who have been struggling to find someone to take a chance and offer them credit. It doesn’t just mean that you will be offered a car you don’t like at an extortionate rate as we can offer all makes and models at a variety of rates depending on the severity of your bad credit. On one end of the Non Prime scale you may well see a homeowner in a well paid job who has been refused a new Car Leasing deal due to going over his overdraft too many times the last year. At the other it could be the customer with previous business debts behind them and a Bankruptcy notice. Either way we are happy to help and can cover all of your Non Prime Leasing requirements – from a Ford Ka upto a Ferrari!