Consumer Credit
We support consumer credit brokers and lenders with UK and EU licence authorisation, compliance, audit, consulting, and training. Our services ensure firms meet all regulatory obligations, from application to ongoing compliance. We provide tailored solutions to help navigate the regulatory landscape, making the process as smooth and straightforward as possible.
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Why leading firms choose us as their partner.
"We would like to express our sincere gratitude for the exceptional licence and compliance support provided by Buckingham Capital Consulting in obtaining our FCA Consumer Credit Licence. Their profound expertise in consumer credit regulations and compliance became clear when helping us.
With their expert help, we were able to develop good compliance and governance around our business. We are continuing to work with them for ongoing training and compliance support."
Since 2013, we've been at the forefront of assisting consumer credit brokers and lenders in navigating the complex regulatory environment. Our services include licensing, compliance, and consulting, tailored specifically for the consumer credit sector across the United Kingdom and Europe. With deep knowledge of consumer credit regulations, we are well-equipped to guide businesses of all sizes through the evolving landscape, ensuring they meet all regulatory requirements and thrive in this dynamic sector.
Our services for consumer credit firms
Buckingham Capital Consulting assists consumer credit brokers and lenders in securing regulatory authorisations in the UK and Europe. Our expert team provides comprehensive support in compliance, operational setup, technology solutions, and financial management, ensuring your business meets all regulatory requirements.
We guide consumer credit brokers and lenders through the FCA authorisation process, ensuring compliance with all UK regulatory requirements. Our support includes application preparation, detailed documentation, and direct liaison with the FCA, providing a seamless path to obtaining your license and operating successfully.
EU Authorisation
We assist consumer credit brokers and lenders in obtaining authorisation across the EU, managing the complexities of European regulations. Our services include drafting applications, providing regulatory advice, and ensuring ongoing compliance, enabling smooth market entry and operation within the European Union.
Compliance Services
We offer tailored compliance solutions for consumer credit brokers and lenders, helping them adhere to all regulatory requirements. Our services encompass policy development, compliance audits, risk assessments, and ongoing advisory, ensuring operations remain compliant and reducing the risk of potential penalties.
Consumer Duty
We help consumer credit brokers and lenders comply with the FCA’s Consumer Duty regulations. Our services include policy development, gap analysis, implementation of necessary changes, and staff training. We ensure your operations align with Consumer Duty requirements, promoting fair treatment of customers and enhancing overall service standards.
Financial Management
We provide comprehensive financial management services, including financial reporting, accounting, and audits. Our team ensures consumer credit brokers and lenders maintain accurate records and meet all financial regulations, streamlining financial operations and enhancing transparency.
Training & Development
We offer training and development programs for consumer credit brokers and lenders to ensure your team is well-versed in regulatory requirements and best practices. Our training sessions cover everything from compliance to operational efficiency, helping you stay ahead in the regulatory landscape.
Feel free to reach out if you need something more bespoke or have specific requirements that aren't listed above. We're here to help and would love to discuss how we can support you.
Why Buckingham Capital Consulting
Whether its compliance, authorisation or something else,
its about being part of your journey.
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Expertise from seasoned experts
Our team of seasoned professionals brings a wealth of expertise to the table. With years of industry experience, we offer tailored solutions and are committed to supporting you through every stage of your journey.
Comprehensive Regulatory Support
We provide a comprehensive range of regulatory consulting services, including financial reporting, audit, compliance, training, and financial crime. Count on us to manage your needs with seamless support.
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Our People
Our team of regulatory and compliance experts brings together diverse backgrounds in banking, consulting, legal, financial, and regulatory sectors. This collective experience provides us with a comprehensive understanding of the unique challenges our clients face. When you choose to work with us, you’ll benefit from the personalised attention of seasoned professionals, often at the director level, ensuring you have direct access to senior experts. Our team combines robust regulatory knowledge with commercial insight, delving deep into your business to tailor unique solutions specifically suited to your needs. This approach ensures we address your challenges effectively and support your success.
Recent successful work
We help KimbleTech obtain its FCA consumer credit licence to offer financial services including credit broking.
Consumer Credit
We help McMillan Cancer - one of Britain's largest charities obtain an FCA consumer credit licence to offer financial services.
Consumer Credit
We help Retail Capital Finance obtain an FCA consumer credit licence to offer credit services.
Consumer Credit
We help Impra Gas obtain an FCA consumer credit licence to offer credit services as domestic premises supplier
Consumer Credit
Success stories
Project: Royal College of Music
Overview
The Royal College of Music sought our assistance to secure a consumer credit licence to offer customer finance options for their tuition fees and other services. They required expert guidance to navigate the regulatory landscape and ensure compliance with all necessary requirements, enabling them to provide flexible financial solutions for their students.
Scope of our work
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Comprehensive application preparation and submission, including all necessary documentation.
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Development of compliance policies and procedures tailored to their unique needs.
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Implementation of financial management practices to support the new finance offerings.
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Staff training on consumer credit regulations and best practices.
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Ongoing advisory support to ensure continued compliance and operational efficiency.
Outcomes delivered
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Successfully secured a consumer credit licence from the FCA, allowing the Royal College of Music to offer flexible finance options.
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Implemented robust compliance policies and procedures, ensuring alignment with regulatory standards.
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Enhanced financial management practices to support the administration of customer finance.
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Trained staff to ensure thorough understanding and adherence to consumer credit regulations.
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Provided continuous support to maintain compliance and adapt to any regulatory changes.
Conclusion
Our tailored guidance enabled the Royal College of Music to secure their consumer credit licence and offer flexible finance options for their students. The value delivered included a smooth authorisation process, improved compliance measures, and enhanced financial offerings, positioning them for continued success in providing accessible education financing.
Project: MacMillan Cancer
Overview
Macmillan Cancer engaged us to help them secure a consumer credit licence to offer customer finance options for their services. They needed comprehensive support to ensure compliance with regulatory requirements, enhance their financial offerings, and support their mission of providing critical services to their clients.
Scope of our work
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Detailed project planning and development of a regulatory roadmap.
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Preparation and submission of the consumer credit licence application with all required documentation.
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Comprehensive compliance audit and gap analysis to identify areas needing improvement.
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Implementation of compliance monitoring systems and procedures.
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Continuous compliance advisory and support to ensure ongoing adherence to regulations.
Outcomes delivered
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Achieved successful consumer credit licence authorisation, enabling Macmillan Cancer to offer new finance options to their clients.
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Developed a clear regulatory roadmap, ensuring smooth and efficient compliance processes.
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Identified and addressed compliance gaps through a thorough audit, enhancing overall regulatory alignment.
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Implemented effective monitoring systems for ongoing regulatory adherence, reducing risks.
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Provided continuous support, ensuring Macmillan Cancer remains compliant and responsive to regulatory changes.
Conclusion
Our comprehensive support enabled Macmillan Cancer to secure their consumer credit licence and offer customer finance options, significantly enhancing their service offerings. The value delivered included successful authorisation, effective compliance strategies, and the ability to provide flexible financial solutions to their clients.
Project: Flippin Cars
Overview
Flippin Cars, a motor car trader, required our expertise to secure a consumer credit licence to sell cars on finance. They needed detailed guidance to navigate the regulatory process, implement robust compliance measures, and enhance their financial offerings to support their business growth.
Scope of our work
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Comprehensive application preparation and submission for the consumer credit licence.
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Development of tailored compliance policies and procedures to meet regulatory standards.
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Financial management support, including detailed financial reporting and audits.
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Integration of technology solutions for compliance and operational efficiency.
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Ongoing compliance and regulatory support to ensure sustained adherence to requirements.
Outcomes delivered
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Successfully obtained a consumer credit licence, allowing Flippin Cars to offer competitive finance options to customers.
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Established strong compliance policies and procedures, ensuring alignment with regulatory standards.
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Improved financial management practices, enhancing transparency and regulatory compliance.
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Integrated advanced technology solutions to streamline operations and support compliance.
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Provided ongoing support, maintaining regulatory compliance and operational efficiency, enabling sustained business growth.
Conclusion
Our tailored guidance enabled Flippin Cars to secure their consumer credit licence and offer car finance options, significantly boosting their market competitiveness. The value delivered included a smooth authorisation process, robust compliance and financial management practices, and the integration of technology solutions that supported their operational efficiency and growth, positioning Flippin Cars for long-term success.
Download our free guide on FCA registration and authorisation and how to ensure a successful outcome with your application.
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