Premium Credit has secured a further three-year deal with Biba as its preferred provider.
The company has been BIBA's preferred provider for the last four years.
Premium Credit's chief marketing officer, Simon Moran, said: "We are proud to be able to continue our partnership with BIBA as preferred provider for a further three years.
"We will continue to work with the association and its members to provide a valuable range of financing options designed to meet the specific needs of members. This will include our PI scheme which remains unique in the market."
Premium Credit offers facilities for commercial and personal lines premium finance and a facility for members buying their professional indemnity (PI) cover through the BIBA scheme. Additionally, it offers a low-rate finance scheme for BIBA members wanting to spread their membership fees. Premium Credit also supports BIBA in the regions and at the annual conference.
BIBA Chief executive Eric Galbraith said: “We're delighted to announce that we are continuing to work with Premium Credit. We have a long-standing relationship with the company and can benefit from an excellent, and be with the UK's leading provider. The agreement means that BIBA will continue providing its premium finance scheme for all members.”
