After a detailed shortlisting process Premium Credit are delighted to have been selected as a finalist in three categories of the National Credit Awards:

Credit Provider of the Year (Consumer):
Premium Credit Limited, Specialist Lending: School Fee Plan

Specialist Lender of the Year:
Premium Credit Limited, Specialist Lending: School Fee Plan
Premium Credit Limited, Specialist Lending: Tax Product

The three award nominations outline the strong contribution made by Premium Credit’s Specialist Lending team amidst the complex trading environment of last year.

Enabling access to independent children’s education has remained at the heart of our ‘School Fee Plan’ proposition. Since its launch in 1995, we have worked with hundreds of schools throughout the UK helping more than 100,000 children from a wide variety of backgrounds to study within the independent education sector and simplified the administration associated with paying termly school fees. We were sympathetic to the financial situations of parents and schools during the pandemic making every effort to facilitate ongoing independent education for fee paying children whilst ensuring schools received their fees in a timely manner.

The Specialist Lending, Tax Product nomination highlights our increasingly successful partnerships with Credit Brokers offering market leading, unsecured funding products for Tax, VAT and Professional Indemnity Insurance. During a challenging period impacted by Covid-19 and Brexit, this award shortlisting recognises the significant efforts made to support the needs of our partners and customers. Throughout the pandemic Premium Credit continued to offer credit facilities to our customers reducing their reliance on the government’s Coronavirus Business Interruption Loan Schemes (CBILS).

Roger Brown, Chief Commercial Officer, Premium Credit, Specialist Lending commented: “We are delighted that the work we do has been acknowledged in this way – the three award nominations mean a lot to us. Our Specialist Lending team make significant efforts to understand our customers’ financial situations and, in collaboration with our partners, maximise the payment options available to them in what has been a particularly challenging year.

The National Credit Awards celebrate outstanding achievement in the UK credit space. The objectives of the awards are to honour the outstanding professionals and firms in the many varied fields of the credit industry, to recognise, celebrate, and promote best practice, to support continuing development and contribute towards raising the standards within the credit arena.

The Awards will be hosted at The Waldorf Hilton, London, on October 21st during which the category winners will be revealed.

Find out more here