Man and woman kissing showing her engagement ring

Jewellery finance for retailers

For your customers, jewellery shopping is likely to be an emotional experience. From buying an engagement ring for their soon-to-be spouse to a watch for the special birthday of a loved one, every stage of the purchasing journey should be memorable for all the right reasons.

Offering the option to spread the cost of their jewellery improves customer confidence at the checkout and increases the likelihood of them making a purchase.

In fact, our recent survey revealed that a staggering 68% of customers said they would not have made the purchase if finance had not been available. And 50% said they spent more because of the availability of it.

Helping your customers to shine

For many customers, jewellery is seen as a significant investment. Help them buy the piece they really want by giving them a more flexible way to pay. We offer retail finance on a wide range of jewellery, including...

Engagement rings

Wedding rings


Here's what our partners say...

“Since we began working together we have developed an excellent relationship with Novuna Consumer Finance. Any query we do have, is dealt with quickly and effectively. The ‘can do’ attitude of our Relationship Manager has meant that we have been able to continually grow our sales with Novuna Consumer Finance and offer our customers excellent payment options. The portal system is easy to navigate and gives us great visibility of everything in real-time.

“Since implementing finance, we have seen our sales increase. It enables our clients to purchase their dream jewellery and watches without breaking their budget, making aspirational purchases affordable. It also enables us to upsell our products.”

Sophie Hunt, Head of Online Sales at C W Sellors

Benefits of retail finance

Whether your customers are treating themselves or shopping for a special gift for a loved one, there are lots of reasons why customers use finance to fund their jewellery purchases. Why not take your opportunity to drive footfall to your store and boost online traffic by offering finance?

Reach new customers

Customers buy from brands they feel understand them and meet their needs. By offering a more manageable way to pay, you can attract new customers while also re-engaging existing ones.

Boost buying power

Convert more customers by increasing the accessibility of your products. A piece of jewellery might seem unattainable when buying upfront, but the cost could fit nicely within a customer’s monthly budget.

Increase average order value

A customer may only have a certain amount of money saved up to buy jewellery upfront but, by spreading the cost using finance, an upgraded item or matching piece might become more affordable.

“Interest free finance helped me build my watch collection”

When Derek bought a new watch using interest free finance, he was so impressed by the whole experience that he returned to buy another less than six months later.

Our jewellery finance solutions

We offer different finance options to suit both your customers and your business. Whether you want to drive finance adoption by offering a more attractive interest free option or prefer to stick to a cost-neutral interest bearing solution, we can help.

Interest free

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The most popular option amongst jewellery retailers, 0% credit allows customers to pay for their jewellery in instalments at no additional cost.

Interest bearing

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Like a traditional loan, customers can pay for their jewellery in fixed-rate monthly instalments over a set period.

Buy now pay later

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Customers can walk away with their dream piece and pay for it later. Plus, they won’t incur interest charges if they pay off the full amount within the deferral period.

Delivering sparkling service to jewellers across the country

We’re proud to work with over 3,000 household names to offer finance to customers across the country. Here are just some of the reasons our partners choose Novuna...

  • We’re a reputable retail finance provider your customers recognise and trust

  • Our online application takes just minutes to complete in-store or online. Customers get an instant decision on their application, too

  • Soft search allows customers to check their eligibility before applying with no impact on their credit report

  • Turn potential declines into accepts with our tailoring options. Customers can change their loan amount, term or deposit without another hard credit check

  • Simple and seamless integration with your POS or ePOS system – we’ll help get you set up in no time

  • Free-of-charge onboarding process, including full training for your team

  • Enjoy ongoing support from a Relationship Manager with experience in the jewellery sector

  • Award-winning support for your customers whenever they need us – or they can manage their account 24/7 online or via our app

Speak to our retail finance specialists

If you would like to enquire about becoming a retail partner, please complete the short form, and one of our team will be back to you within three business days.

You will need to confirm you can meet all of the following criteria:

  • Minimum of £2,000,000 in annual sales turnover
  • A minimum of 2 years trading history
  • Be trading profitably
  • A minimum net worth of £25,000, unless your business is within the Home Improvements market then a minimum of £100,000 will be required
  • The products you offer are for consumers and NOT for businesses

Retail Partner helpline

If you are an existing retail partner with a general enquiry, please call our Retail Helpline:

0344 375 5515

Retail Helpline opening hours:
08:45 - 18:00 Monday to Friday
08:45 - 18:00 Saturday
10:00 - 18:00 Sunday

Customer helpline

If you're a customer looking to speak to someone about your existing retail finance or personal loan agreement, call our Customer Helpline:

0344 375 5500

Customer Helpline opening hours:
09:00 - 17:00 Monday to Friday
Closed Weekends & Bank Holidays