Finance 4 Business has received direct authorisation from the Financial Conduct Authority (FCA) having previously been an Appointed Representative.
F4B is seeing substantial growth within their market and said the change of regulatory status, a strategic goal for the company, will benefit them further.
Russell Martin, managing director of F4B, said: “I want to thank everyone involved, in particular Ian Ferguson, who has guided the company through this. This is another major milestone in the company’s journey and I am looking forward to taking F4B to the next level.”
Ian Ferguson, head of completions, said: “There is no doubt that attaining direct authorisation requires a lot of focus and hard work.
“I would like to thank SimplyBiz who have assisted us through the process and I am very pleased that we are now in a stronger position to move forward as it give us more freedom and autonomy to operate in the whole of market sector and provide a more competitive offering for our introducers’’