Experts with FCA Authorisation...
Are you ready to take YOUR business to the next level?
We’ve tried to cover the most commonly asked questions without overloading you with information, please feel free to contact us by any method to have your specific questions answered
In almost all cases, yes. The most common exclusions are if you are offering less than 12 payments over less than 12 months and charge no interest or if you are only selling to limited companies. You can contact us for a no obligation chat about what permission you need and what it would cost.
The FCA state for a standard Limited Permission Licence it can take up to six months, however for The Compliance Guys Ltd clients, the average is around three to four weeks if everything is correct.
Before we take on any client, we discuss your eligibility and satisfy ourselves that you qualify for authorisation. It is however the FCA’s decision to approve you or not and so if you omit to notify us any information that could harm your application we cannot be liable for that. We have never yet had a customer rejected who we have agreed to take on.
You are free to use whoever you wish but at The Compliance Guys Ltd we have established, unburdened relationships with Lenders and Brokers who are specialists in the sector you are working in and we will gladly put you in contact with these.
Yes, the FCA charge an small annual fee, ask you to report to their Gabriel system and confirm your firms details annually. At The Compliance Guys Ltd we can set up a monthly Direct Debit for us to take full control of these so you never have to worry – or get fined! The Compliance Guys Ltd offer on going monthly compliance packages starting from just £59 + VAT per month.
Your FCA Authorisation can’t expire, but it can be revoked!! if you fail to pay your ongoing fee’s and file your reports then this will happen… but hey!! That’s why you’ll get us to do it for you.