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Funding provider gains FCA approval

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Premium finance provider to brokers Orchard Funding Group claims to be first to get full regulator approval.

Orchard Funding Group has announced that its subsidiary Bexhill UK Limited has been granted full Financial Conduct Authority (FCA) permission to conduct business as a consumer credit lender and credit broker.

The organisation claimed that Orchard Funding Group is the first insurance premium finance lender and professional fee funder in the UK to obtain full FCA consumer lending permissions.

FCA permission follows on from the company's recent flotation on the London Stock Exchange earlier this

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