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If you are a retailer or motor dealer wanting to offer credit options to your customers from lenders or other third parties, it is likely you will need the Limited Permission Credit Broker License. This application is lighter than the primary credit broker application, and less expensive.
Get in touch to start the process.
If you are already regulated and need a review of your policies or an update, then we can help, ensuring that you are up to date with the latest compliance requirements.
If you are seeking to become a finance broker as your primary business model, then it is likely you will need what's referred to as the Full Permission Credit Broker license, this application requires a full application process with a full set of policies. This fee is higher than the Secondary Credit Broker license and is priced upon consultation, depending on model complexity.
Path To Compliance, trading style of BGMCO LTD. 86-90 Paul Street, London, England, United Kingdom, EC2A 4NE