KM7 0 Posted May 15, 2019 Hi, Been trading around 6 months, keen to apply for FCA asap, wondering if anyone could help answer a few questions. I believe Limited Permission is the way to go but the application fee is £100 for under 50k of consumer credit, £500 for over. Is this 50k annually? And this is 50k sold in credit NOT profit made? Also are there any restrictions on how long you have been trading? Unsure if you had to provide a years worth of books etc? Any other tips / advice / "idiots guide to" would be great as looking to apply myself to save on costs! Thanks! Share this post Link to post Share on other sites
MattR 177 Posted May 15, 2019 contact a local finance broker / company to you. most will happily send someone out to you to help Share this post Link to post Share on other sites
Tom 164 Posted May 15, 2019 5 hours ago, KM7 said: Hi, Been trading around 6 months, keen to apply for FCA asap, wondering if anyone could help answer a few questions. I believe Limited Permission is the way to go but the application fee is £100 for under 50k of consumer credit, £500 for over. Is this 50k annually? And this is 50k sold in credit NOT profit made? Also are there any restrictions on how long you have been trading? Unsure if you had to provide a years worth of books etc? Any other tips / advice / "idiots guide to" would be great as looking to apply myself to save on costs! Thanks! Close brothers help well with this kind of thing Share this post Link to post Share on other sites
