Personal loans

Start from

£2,000 - £5,000

  • Easy to apply
  • Loans for any purpose
  • Quick decisions
Find out more

Homeowner loans

Start from

£10,000 - £150,000

  • Quick & easy to apply
  • Fast, friendly service
  • Rates from 7.3% APR to 26% APR
Find out more


Secured loans : Rates start from 7.3% APR. We also offer a range of products with rates up to 26% APR, which allows us to help people with a range of credit profiles. 15.3% APR typical variable.

Unsecured loans : 49.9% APR Representative

Personal and Secured Loans

Whatever reason you have for needing a loan…whether you’re looking forward to making a big purchase…thinking about some exciting home improvements…or want to consolidate your borrowing into one simple monthly payment…it can be tricky working out which way to turn.

That’s why it’s good to know Ocean have been helping people find the loan they want for over 20 years.

We offer fast, flexible personal loans of between £2,000 and £5,000. And an efficient, professional homeowner loan service for amounts of £10,000 to £150,000.

Other loan options available

If you are struggling to meet your outgoings every month and looking for a way to reduce loan, credit card or overdraft repayments, you may also like to think about a debt consolidation loan.

You could borrow between £1,000 and £25,000, consolidate all your debts into one place and look forward to one, easier to manage – and lower – monthly repayment.

How do I apply?

First, click on the ‘Find out more’ button above – and get some extra information on each type of a loan.

As soon as you’ve decided which loan you’d like to apply for, just click to ‘Get a quote’ button and we’ll jump into action.

All we need are know is how much you’d like to borrow and for how long, plus a few details about you – then, we can start looking for the best, most competitive deal.

Happy to help

Call us if you have any queries, no matter how small, and we'll be ready to lend an ear.

0161 672 7575

Independent customer feedback

All Feefo reviews are gathered anonymously from genuine customers. Take a look at these comments from people we've helped.


of our customers are pleased with our service



Very Good


Staff were lovely at all times. I've been to this company before many many years ago and I think the service has massively improved.


Excellent response also very wee prrsented

Common questions

Is a personal loan secured or unsecured?

All our personal loans are unsecured. 'Unsecured' means they're not secured against property - so you don't have to be a homeowner to apply and your home is not at risk if you ever find you are not in a position to keep your repayments.

Secured personal loans are available, these are more commonly known as homeowner loans or just secured loans.

How is a personal loan different to a homeowner loan?

Personal loans are generally for small-to-medium amounts (between £2,000 and £5,000) and repaid over one to five years. Homeowner loans can be much larger (between £10,000 and £150,000), and the repayment periods can be much longer (up to 25 years).

However, as the name suggests, you can only apply for a homeowner loan if you own your home - which isn't the case with a personal loan.

If you are a homeowner, you may be able to choose between a personal loan or a homeowner loan. This is because your lenders has more security knowing you are more likely to make your repayments as your property is at risk if you don't. The choice is up to you, but you may stand a better chance of being accepted for a homeowner loan, especially if you have a less-than-perfect credit rating.

Can I get a personal loan if I have bad credit or I've missed payments in the past?

If your credit rating isn't perfect, it can make it harder to get a loan - but it doesn't mean it'll be impossible. A lender may simply offer you a higher interest rate than they would if you had a really good credit score.

Even so, you might find there are more options available to you if you look for a homeowner loan (as long as you own your home).And it is always important to remember that your home is at risk if you do not keep up repayments on any loan secured against it.

Are personal loans cheaper than homeowner loans?

Homeowner loans often have a lower APR - but they are also often over a longer term, so you could pay more by the time your loan has finished. And, of course, you always need to remember that your home is at risk if you do not keep up repayments on any loan secured against it.

Other types of loan we offer?

Based on reviews - 99% of customers who left an Ocean Finance review recommend us with an average rating of 4.9 out of 5 from 469 reviews left by Ocean Finance customers (as of Nov, 2015)