how do I offer finance?

[Batfink]

I keep getting asked by customers to offer finance for the products I sell. What companies should I approach to get this sort of service? Any risk as a business? My competitors offer it so I think its worthwhile following the trend...

K.

[insurance_jon]

1 Google your trade and finance. Eventually you will find either a provider or a competitor will name it on their website

2 apply to FCA for credit licence

[rfoster]

What market are you in? Car sales? Something else?

[Ginge R]

FCA is currently swamped with credit licence applications. It's struggling to cope - expect a wait of months.

[Henry-F]

Yep, took a fortune off us saying the licence would last for ever.

Then decided they were going to re-invent themselves and we all had to apply for new licences at huge cost. You wouldn't believe the crap we have to answer for a new, lesser licence having had a consumer licence for 18 years with not a single incident or problem in that time.



Henry