Association of British Insurers (ABI) Association of Chartered Certified Accountants (ACCA) Bacs Bank of England British Business Bank (BBB) British Chambers of Commerce (BCC) British Vehicle Rental and Leasing Association (BVRLA) Cabinet Office Citizens Advice Civil Justice Council Companies House...
In 2021, our members provided £31 billion of finance to the business sector and public services, representing over a third of UK investment in machinery, equipment and purchased software in the UK last year.
The Business Finance Code sets out the high standards that FLA members will meet when providing asset finance to businesses and the public sector.
Consumer finance is a form of lending that provides credit to a consumer for personal or household use
In 2021, FLA members provided £101 billion to consumers to support purchases ranging from cars to household goods, accounting for over a third of total new consumer credit written in the UK. Consumer credit regulation moved to the Financial Conduct Authority...
FLA members offer a wide variety of consumer credit including:
The FLA’s Lending Code sets out standards in consumer lending and is intended to assure borrowers that they will be treated fairly in their dealings with our members – all of whom are bound by the Code.
The FLA’s Lending Code sets out standards of good practice for the consumer finance industry.
Page 2 of 3