Premium Credit is offering regulated firms the option to spread Financial Conduct Authority (FCA) top up fee payments through monthly instalments, aiding cash flow.
Agreements, totalling over £650m have been funded by Premium Credit to date for this purpose.
Nigel Stewart (pictured), sales director at Premium Credit, said: “Our payment solutions have been specifically designed to help regulated firms manage their cash flow more effectively by providing an alternative payment method that covers the cost of FCA fees as well as any additional top up fees.
“This approach offers businesses greater control over their cash reserves, particularly useful during these economically challenging times, enabling them to better meet their current business needs.”
Stewart added: “The application process is digital and uncomplicated. We have invested constantly in technology to ensure that the entire customer journey is seamless, with most of the administration handled by us.”
