Is Premium Credit Limited the only provider available?
No. We are aware that other providers may wish to provide such a service to individual firms. Firms are not restricted to use the facility offered by Premium Credit Limited, and are free to research other opportunities available in the market. While not endorsing Premium Credit Limited over other credit providers, we have agreed to publicise the company as the unanimous choice of the trade associations for 2005/06 regulatory fees and levies.
We are aware that other providers may wish to provide such a service to individual firms, which is why we are re-visiting this issue in our February consultation. Firms are not restricted to use the facility Premium Credit Limited offers, and are free to research other opportunities available in the market.
No. Firms can make their own arrangements directly through other credit providers if they wish to do so. We are aware that other providers may wish to provide such a service to individual firms. Firms are not restricted to use the facility offered by Premium Credit Limited, and are free to research other opportunities available in the market.
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