Premium Credit Limited: Leading the Way in Flexible Finance Solutions
In today’s world, managing finances effectively is key to ensuring stability and peace of mind. One company that has mastered the art of helping individuals and businesses manage their financial commitments with ease is Premium Credit Limited. Founded in 1988 and headquartered in Leatherhead, United Kingdom, Premium Credit Limited has been a pioneer in the field of premium finance, enabling customers to spread the cost of essential payments through manageable monthly instalments.
Whether it’s paying for insurance premiums, school fees, or other annual costs, Premium Credit Limited offers a responsible, flexible financial solution that has earned the trust of millions. Owned by TowerBrook Capital Partners, this company continues to grow sustainably while providing excellent service to its customers and partners.
What is Premium Credit Limited?
Premium Credit Limited is a UK-based finance and insurance company specialising in premium finance. It allows individuals and businesses to pay for insurance and other annual costs by spreading payments over a period, rather than requiring full upfront payment. This not only improves cash flow management but also helps customers budget more effectively.
Since its establishment in 1988, Premium Credit has expanded its services to cover various financial products, including personal insurance, business insurance, school fees, professional memberships, and seasonal tickets. The company supports over 2.1 million customers and works closely with nearly 3,000 partners across the UK and Ireland, processing billions in loans annually.
History and Foundation
Founded in 1988, Premium Credit Limited was created with the goal of making financial commitments more accessible and less burdensome for customers. Over the decades, the company has developed into a market leader in premium finance, continually enhancing its digital platforms and expanding its product range to meet evolving customer needs.
The company’s longevity and success are underpinned by a commitment to responsible lending, excellent customer service, and strong relationships with insurance providers and other partners. As part of its growth, Premium Credit was acquired by TowerBrook Capital Partners in 2022, an investment firm known for nurturing sustainable business growth.
Headquarters and Presence
Premium Credit Limited is headquartered in Leatherhead, Surrey, United Kingdom. This strategic location supports the company’s extensive operations across the UK and Ireland, including a secondary office in Dublin. The Leatherhead headquarters houses the company’s operational, customer service, and technological teams who drive its innovative approach to premium finance.
The company employs between 201 to 500 people and prides itself on creating a collaborative and customer-focused work culture. Premium Credit’s expansive presence ensures a strong network of partnerships and efficient service delivery.
Specialties of Premium Credit Limited
Premium Credit Limited’s success is largely driven by its specialised financial products designed to address specific customer needs. These include:
1. Finance for Personal Insurance
Many individuals face challenges paying large insurance premiums upfront. Premium Credit allows customers to spread these costs over affordable monthly instalments, making it easier to protect what matters most without financial strain.
2. Finance for Business Insurance
Businesses, particularly small and medium-sized enterprises, benefit from spreading insurance payments. This flexibility supports better cash flow management and financial planning, helping businesses stay protected without sacrificing operational needs.
3. Finance for School Fees
Education costs are a significant expense for many families. Premium Credit offers finance plans to pay school fees in manageable monthly amounts, alleviating the pressure on household budgets and ensuring continuity in children’s education.
4. Finance for Annual Fees and Subscriptions
Whether it’s professional memberships, commercial service charges, or season tickets, Premium Credit provides solutions to finance these often sizeable annual payments. This ensures customers can maintain essential subscriptions without upfront financial burden.
5. Insurance Premium Finance
As a core service, Premium Credit specialises in financing insurance premiums for a wide range of insurance products, including car, home, pet, and business insurance.
These specialties demonstrate Premium Credit’s commitment to offering tailored financial solutions that meet the unique needs of both individuals and businesses.
How Does Premium Credit Limited Work?
Premium Credit acts as an intermediary between customers and their insurers or service providers. Instead of paying an entire premium or fee upfront, customers enter into a finance agreement with Premium Credit, which covers the upfront cost. The customer then repays Premium Credit in monthly instalments, often spread over 10 or 12 months.
This arrangement helps customers manage their budgets without compromising on essential services. The repayment plans are designed to be transparent, with clear terms and competitive rates, ensuring trust and reliability.
Customer Support and Contact Information
Premium Credit Limited places a strong emphasis on customer service. Customers can access their accounts through the “My Premium Credit” online portal, allowing them to manage payments, update information, and view statements securely.
For direct assistance, Premium Credit offers dedicated contact numbers:
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Personal Customers: 0344 736 9820
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Commercial Customers: 0344 736 0539
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School Fee Plan Customers: 0330 123 9720
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General Enquiries: 0344 736 9836
These lines are open Monday to Friday, 8:00 AM to 6:00 PM (excluding bank holidays).
Commitment to Sustainability and Ethical Business
Premium Credit Limited is not just about finance; it’s about doing business responsibly. The company is committed to sustainable growth, ethical lending, and having a positive impact on the community and environment. This commitment is reflected in their policies, partnerships, and employee engagement initiatives.
They strive to maintain a positive relationship with all stakeholders—customers, partners, employees, and the community—ensuring a business model that is both profitable and socially responsible.
Why Choose Premium Credit Limited?
There are several reasons why millions trust Premium Credit Limited for their finance needs:
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Flexible Payment Plans: Spread costs into manageable monthly instalments.
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Wide Range of Services: From personal insurance to school fees and business insurance.
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Strong Partnerships: Works with nearly 3,000 partners across the UK and Ireland.
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Regulated and Trustworthy: Authorized by the UK’s Financial Conduct Authority (FCA).
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Customer-Centric Approach: Secure online account management and dedicated support teams.
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Sustainability Focused: Committed to ethical business practices and community impact.
Visit the Official Website
For more detailed information about their services, to apply for finance, or to manage your account, visit the Official Website. The website offers a comprehensive overview of products, customer support, and helpful resources.
Conclusion
Premium Credit Limited stands as a pillar of financial support for individuals and businesses alike, offering innovative solutions that make paying for essential costs more accessible. With over three decades of experience, a strong customer base, and a clear commitment to responsible finance, Premium Credit Limited continues to lead the premium finance industry in the UK and Ireland.
Whether you’re looking to spread the cost of your insurance, manage school fees, or finance annual subscriptions, Premium Credit Limited offers a trustworthy, flexible, and customer-focused solution.
