Commercial finance broker Pegasus Funding Resources has been granted authorisation to carry out credit broking, debt adjustment and counselling by the Financial Conduct Authority (FCA).
Pegasus has provided businesses (sole traders, partnerships, limited companies or limited liability partnerships) with access to debt or equity funders for over 15 years. It also provides a range of other business planning and support services.
Richard Olsen (pictured), Pegasus’ principal, said: “We are delighted to have become fully FCA authorised to carry out credit broking and debt management services.
“FCA authorisation means that, as a trusted and regulated provider, we can offer a range of accredited funding options to businesses and start-ups which may require cash or need investment.
“Pegasus Funding Resources is not tied to any product or funder. We have more than 600 different lenders to choose from and aim to provide a minimum of three different lender terms on any debt deal. As an FCA authorised provider our clients can trust us to obtain the best terms available and give them a choice of offer.
“Our FCA authorisation helps to ensure transparency and our clients can be confident that they are obtaining professional funding services from a trusted source regardless of where they are in their business life cycle.”
FCA authorised services now available from Pegasus include debt counselling, credit broking, debt adjusting and counselling, factoring, invoice discounting, trade finance, stock finance, EFG and commercial loans, equity raising, crowd funding, credit and personal guarantee insurance, as well as exit planning, business plan mentoring and writing services.