Carefree Credit, the company which provides a credit facility for practices to offer clients to pay for unexpected veterinary bills, has announced that from this month, practices can offer the facility to clients without themselves going through the Financial Conduct Authority (FCA) authorisation process.

In the past, all practices that offered Carefree Credit to clients had to complete the FCA authorisation process, something which involved completing a 48 page online application and a wait of 12 weeks for approval. Although Carefree Credit provides guidance with the process and around 700 practices have enrolled successfully, it was not the ideal solution for practices who wanted a quick solution.

From now on, those practices that are happy to offer interest-free credit for a maximum period of 12 months can do so without going through the FCA process.

Stewart Halperin MRCVS, the founder of Carefree Credit, said: "For those of you who have looked at a client finance option for your practice but have been put off by the thought of going through the FCA authorisation process, this will make things much easier."

For more information, visit www.carefreecredit.co.uk/  

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