EMPOWER YOUR CLIENTS.
Flexible and affordable finance solutions
Segen Finance offers customised lending that fits every project. Our financing options cater to various customer profiles, ensuring that you can offer solar solutions to the broadest possible audience.
Introducing your customers to Segen Finance can enable your business to increase conversion rates, enhance proposals with attractive payment plans and payback calculations, and build long-term relationships with customers that otherwise may not be eligible for traditional unsecured loans.
Segen Finance - flexible solutions for you to promote
Why offer finance through Segen?
Top tier products and portfolio
We aim to make sure that we stock all of the latest products, Working with the best global brands. We have an extensive portfolio and only work with the best!
Best in class support
Best-in-class customer support line to help you offer financing in an FCA-accredited way and keep your administrative burden low. We’re here to help.
Competitive APRs
Competitive APRs from our top-tier banking partners, with seamless credit application process and instant decisions. We’ll find the most competitive rates to offer to your customers – you benefit, they benefit.
UK’s leading renewables distributor
Backed by Segen’s trusted brand name: Founded in 2004, Segen is the UK’s leading renewables distributor, with audited supply chains, authenticity certifications, and market-leading warranty coverage.
Joining the Segen Finance platform
What does it take to join the Segen Finance platform and offer our lending to your customers? You will need to pass a vetting process to register with the Financial Conduct Authority (FCA) as an Introducer Appointed Representative (IAR). This is a straightforward process which is designed to prevent fraud, protect consumers, and protect your business’ reputation.
As an IAR, you will introduce clients to our financial services without providing direct financial advice or services. Your role is crucial in bridging the gap between customer needs and our financing solutions. Read the required onboarding steps below.
The onboarding process
1.
Fill out the onboarding contact form. Once we receive your contact info, we’ll request some basic company information and set up an intro call.
2.
Segen Finance will conduct thorough due diligence on your business. We need to ensure that our partners uphold the high standards we set, including financial stability, business model viability, and staff competence.
3.
Sign a contract. If your business checks out, we’ll formalise our partnership through a written agreement which will outline the scope of your activities as an IAR and our mutual responsibilities.
4.
We’ll provide training on FCA rules and regulations. This training is essential to ensure you fully understand the extent and limits of your role as an IAR. We’ll also guide you in setting up internal procedures, like proper record-keeping and client introduction processes, to ensure you always stay within the law.
5.
We will assist you with the official FCA registration as an IAR. This will require detailing your business activities, your relationship with Segen Finance, and the nature of the introductions you will make.
6.
You’re all set up! At this point you may begin offering our financing to your customers according to relevant FCA regulations.
If you’re ready to take the next step in expanding your business by partnering with Segen Finance, fill out the contact form below to begin your journey.
Best in class design & proposal software
Design revision-free systems with high resolution satellite imagery, easy panel placement, and automatic system sizing/stringing.
MCS-compliant payback period calculations that will help your customers accurately evaluate the potential ROI on their investment.
Create attractive, customized, and interactive client proposals, which allow your customers to choose between multiple hardware and financing options.
FAQs
An IAR is an appointed representative of a company (such as Segen) who is able to introduce their customers to finance options using Segen’s FCA licence.
To introduce financing to private individuals, you are required to have approval from the Finance Conduct Authority. If you do not have that approval, and meet Segen’s criteria, you will be able to use our approval to help facilitate sales to your customers who don’t have the required lump sum of cash for a solar installation.
Segen must carry out due diligence checks to ensure your company and directors are competent and in good standing. To onboard, you will need to provide a variety of standard company information. Further details on what is required can be discussed with one of our team members.
After you register your interest with us to become an IAR, Segen Finance will send you an onboarding pack to complete. Provided you meet the requirements, Segen Finance will enter into an agreement with you and notify the FCA that you are now our IAR. Once the admin is done, Segen will invite you to an onboarding day to kick-start your financing journey.
As an IAR of Segen Finance, you will only be able to work with Segen approved lenders.
By being able to introduce financing to your customers to Segen Finance, we can help facilitate sales to your customers who don’t have the required lump sum of cash for a solar installation.
We can provide a full list of our criteria once you have registered your interest in becoming an IAR.
Within FCA regulations, you are allowed to have multiple principal firms, however we want this to be a collaborative partnership. We would therefore ask you to not work with any other Principal firms during your time as one of Segen Finance’s IARs so that we can ensure that your customer gets the best experience possible during their financing journey.
Prior to onboarding, we will check that you meet all of the requirements needed to become an IAR. Depending on where you fall short, we can help guide you to get to the level you need to be to become an IAR. Once onboarded, we will work with you to ensure that these standards are maintained.
Register your interest.
Register your interest in Segen Finance, and we will keep you updated as to when our products are available. We look forward to welcoming you soon.
For Complaints:
Financial Ombudsman Service
Address: The Financial Ombudsman Service, Exchange Tower, London E14 9SR
Email: complaint.info@financial-ombudsman.org.uk
Website: www.financial-ombudsman.org.uk
Tel: 0800 023 4567 (free for most people ringing from a fixed line) or 0300 123 9123 (cheaper for those calling using a mobile) or 44 20 7964 0500 (if calling from abroad)
Segen Limited trading as Segen Finance is authorised and regulated by the Financial Conduct Authority. Our Firm Reference Number is 1013386 and registered address: Suite 2, Wesley Hall, Barrack Road, Aldershot, Hampshire, GU11 3NP. Segen Limited is also registered in England & Wales with company number 05309114. We are permitted to act as a credit broker, not a lender. We partner with lenders to offer a finance option to our customers. Details of our lender panel will be provided upon request. We receive remuneration by way of commission from lenders for our credit broking activities which may differ dependent on the lender, details of which can be provided upon request.