FPC Gold Award for BEF recognises best supplier payment practice

At a time when SME owners face mounting costs, it’s never been more important to keep cashflow looking healthy.

This award recognises our commitment to the realities of day-to-day business in the North of England. We’re practicing what we preach, helping entrepreneurs operate with confidence and keep moving forward.

Overseen by the Small Business Commissioner on behalf of the Department for Business and Trade, the FPC sets payment standards for UK businesses.

It’s split into three tiers: 

• Gold, for businesses who pay 95+% of all invoices within 30 days
• Silver, for businesses paying 95+% of all invoices within 60 days, and 95% of invoices from small businesses within 30 days
• Bronze, for paying at least 95% of all invoices within 60 days

As recipients of the Gold Award, we’re nationally recognised for the highest standards of payment speed and accuracy. We’ll be proudly displaying the FPC Gold logo on our websites and marketing collateral from now on.

FPC Gold accreditation is just one way we’re championing businesses across the region. As well as paying our suppliers fast, we offer advice, support, and fair finance for startup entrepreneurs and SME owners:

• Start Up Loans help brand new and young businesses get established faster
• Small Business Loans help longer-running businesses protect and grow with confidence

Get in touch for more information about flexible funding that fosters regional growth, local pride, and community empowerment.