FeePlan: Improve your own and your clients’ cash flow
Even the best-run practices can benefit from improvements in their cash flow by collecting outstanding invoices. Fee Plan from Premium Credit is a simple way to make your cash flow more predictable. It’s a payment smoothing solution for your clients, which means you get your professional fees paid in full shortly after the job is completed.
At the same time, Fee Plan enables your clients to spread the cost of those fees over a number of monthly payments. You choose how many – 3, 4, 6, 8, 10 or 12 months. It’s simple to set up and free for you to use. Your clients benefit from spreading the cost at a competitive interest rate, enabling them to preserve working capital and make their cash work better for them.
You may wish to introduce some or all of your clients to the benefits of Fee Plan – it’s entirely up to you.
Accountancy firms using our Fee Plan product also gain exclusive access to our hugely popular practice tax funding service, enabling them to spread the cost of their own tax bills at very competitive rates.
As a Member Rewards Partner to the ICAEW since 1999, we continue to be the preferred choice for fee funding to the accountancy sector.
We have offered our clients Fee Plan via Premium Credit for a number of years, with great success. We have been very impressed with the recent improvements Premium Credit have introduced, including additional instalment terms, direct submission of the credit agreement to clients, and the reduction in settlement terms to only 10 days from date of approval. Their flexible online service is extremely easy to use and administration required by us is minimal. We would have no hesitation in recommending them.