Bexhill UK enables brokers to lend their own funds to clients
Premium finance provider says Broker Invest facility will allow brokers to earn up to 20% on lending.
Brokers will for first time be able lend their own funds to clients in a fully FCA compliant and regulated environment according to Bexhill UK, by using the firm's premium finance system.
The premium finance provider said its new offering, Broker Invest, allows brokers to invest their own funds and earn up to 20% from their premium finance business rather than the usual one or two percent commission.
Bexhill UK said with Broker Invest brokers don't need FCA permission as a lender and can open a
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