Client
Consumer credit application for global distribution company
Objective
An international company with annual revenues of $633 million globally was looking to obtain full consumer credit permissions from the FCA having previously being authorised by the Office of Fair Trading. The firm offered water and coffee distribution which involved consumer hire activities and credit broking.
Approach to engaging with clients
We brought together a multi-disciplinary team that encompassed FCA consumer credit experts, credit risk experts, financial crime experts and financial promotion experts.
Outcome
The application was authorised 32 weeks following engagement.