Premium Credit has moved to support regulated firms as inflation reached 3.6% and operational costs have gone up.
Many businesses are now expected to face extra pressure on cash flow.
Higher employer national insurance (NI) contributions, rising salaries and compliance fees have made it harder for firms to keep up with payments.
More businesses now use payment plans for greater flexibility.
Premium Credit’s facility lets firms spread the cost of their FCA fee over 10 fixed monthly payments instead of paying in one lump sum.
This helps companies manage budgets, maintain cash flow and keep investing in staff, technology and compliance.
Nigel Stewart (pictured), sales director, professions at Premium Credit, said: “Our FCA fees finance facility remains a cost-effective and compliant way for businesses to manage these essential payments.
“In a period of financial uncertainty, it provides a smart alternative to using existing credit lines or depleting valuable cash reserves.
“We’ve streamlined the process to make it as efficient as possible, thanks to our investment in digital tools.”
Stewart added: “Applications are quick and straightforward.
“We take care of most of the administrative work, making it easy for firms to get started with us.”
Premium Credit has encouraged regulated firms to act early to avoid late payment charges and ease financial pressure as FCA deadlines approach.
