Premium Credit is pleased to announce that Jennie Hill has been appointed as Chief Commercial Officer, Specialist Lending having covered the role in an interim capacity over the last 5 months.

New research* from the UK’s leading insurance premium finance company, Premium Credit, reveals that 51% of SMEs are relying on credit to pay for their insurance, borrowing on average around £1,130. Around 13% of SMEs who use credit to pay for their insurance claim to have borrowed over £3,000 to fund their cover.

New research from the UK’s leading insurance premium finance company, Premium Credit, shows nearly five times more SMEs expect to see growth in revenues compared to those who expect revenues to shrink.

During this year’s annual BIBA Conference the Premium Credit team will outline the latest developments in insurance premium finance. BIBA 2023 will allow us to showcase how we are ‘Rising to the Challenge’ in a rapidly changing macroeconomic and regulatory environment, promoting new enhancements which are helping our partners grow business.

As the FCA sends out Top Up fee invoices to qualifying regulated firms, Premium Credit is offering businesses a finance facility to spread the cost over convenient monthly repayments rather than having to pay in one lump sum.

Premium Credit, the UK and Ireland’s leading premium finance provider, is pleased to announce that Peter Heath has joined the business as Head of Affinity. He takes over from Glen Murphy who was recently promoted to the role of Sales Support Director.