Carmoola

Carmoola is a UK car finance company that provides a fully digital application and decisioning experience. Customers can get a borrowing budget in around 60 seconds, build a repayment plan in real time, and complete agreements in the app. Product offerings described on the site include Hire Purchase (HP), Personal Contract Purchase (PCP) and refinance options, alongside tools such as eligibility checks and finance calculators.

The company operates a partner program and an Approved Dealership network, inviting dealerships and other partners to register interest to access Carmoola customers. Carmoola also offers a rolling membership called Carmoola Plus, and states it has built its own in-house technology including its decisioning engine and loan management system. The business is authorised and regulated by the UK Financial Conduct Authority and lists a London registered office.