Spread the cost of your FCA Fees & Levies over monthly instalments
For over 10 years, Premium Credit has provided firms with a payment option to spread the cost of their regulated fees and levies invoiced by the FCA, Money Advice Service, Financial Ombudsman Service (FOS), Financial Services Compensation Scheme (FSCS) and Prudential Regulation Authority (PRA) over monthly instalments. And last year, we helped more than 4,000 companies manage the cost of their FCA fees.
You can use our dedicated portal to apply to pay your companies fees by instalments online.
the benefits to your business include:
Improved cash flow - pay FCA fees by monthly Direct Debit instalments rather than in one lump sum
Competitive interest rates - plus discounts for members of recognised trade associations
Online application process - the easy way to pay your FCA fees online
IMPORTANT – PROCESS YOUR APPLICATION AS SOON AS YOU GET YOUR INVOICE TO ENSURE YOU AVOID FCA LATE PAYMENT SURCHARGES
You only have 30 days from date of invoice to pay the FCA, late payment may result in a surcharge levied against your company. We normally require 21 days to process your application and make payment to the FCA. The FCA have confirmed it is unlikely you will face surcharges if your application is with us before settlement is due. For further information including quicker payment options please call us on: 0344 381 9103 or to start your application process please click here.
If you wish to confirm the position directly with the FCA you can contact them on 0300 500 0597 or by email at FCAfees@fca.org.uk
Click here to pay your FCA fees by instalments
If you would like to discuss your payment options in more detail and to register your interest in our services, please call 0344 381 9103 or email FCA.FeeFunding@pcl.co.uk.
Please email FCA.firstname.lastname@example.org if you have any questions relating to the completion of your Credit Agreement with Premium Credit.
MEMBER OF A TRADE ASSOCIATION?
If you are a member of a recognised trade association you qualify for a discount rate! This exclusive offer helps you smooth your cash flow, at a lower rate than is otherwise available. Normal rates to market are 3.5% (APR 8.9% Variable), but recognised trade association members get a 0.5% reduction to 3% (APR 8% Variable) - which would save you £50 on a £10,000 invoice.
Representative APR: 8.0% (Variable) - This figure is based on an assumed credit limit of £1,200 repaid over 12 months with a 3.00% Transaction Fee.