While this is a complex area, the basic principle is that if finance or credit is the primary business activity then full permission is required. This may refer to credit brokers or consumer credit lenders.
If offering finance or credit is a secondary activity, where the main business is selling goods or services, then limited permission is applicable. This could include, for example, car dealerships offering finance options to customers.
These definitions are by no means comprehensive - speak to a member of our team for more information.