Frequently asked questions
All brokers need to either be registered with the Financial Conduct Authority (FCA) for credit broking activities or be deemed as introducers of a professional standing. To find out more, please contact one of our Business Development Managers (BDM) in your area by clicking here.
Please contact one of our Business Development Managers (BDM) who will take you through the registration process. Our BDMs can be found here.
During the registration process, the bank undertakes due diligence on all affiliated brokers to ensure we know who is introducing the business and that they meet both regulatory and our own reputational requirements.
The checks include but are not limited to:
- Individual identification and business checks
- ICO registration
- FCA permissions check
We offer unregulated lending for business purposes to experienced SMEs, including sole traders, partnerships, UK registered limited companies, UK registered limited liability partnerships, charities and trusts.
Yes, we are a member of the Finance & Leasing Association (FLA) and a member of the National Association of Commercial Finance Brokers (NAFCB).
The Finance & Leasing Association (FLA)
Why are we members of the FLA?
One of our primary responsibilities as lenders is to protect our customers and their agreements with us. For our Asset Finance customers, we comply with the Finance & Leasing Association (FLA) business finance code, which provides greater benefit to asset finance customers.
What does FLA membership mean for our clients?
As part of the FLA, we as lenders meet set standards when providing asset finance to our customers. Compliance with the Business Finance Code is one of these standards. The Business Finance Code is overseen by the FLA’s Business Finance Code Group. This means we will always aim to meet the Code set out by the FLA and in turn ensure we are clear, fair and not misleading in the way we treat our customers and the information we provide.