|By PR Newswire||
|September 25, 2013 03:01 AM EDT||
LONDON, September 25, 2013 /PRNewswire/ --
- Student Finance for Private Education, Professional and Career Development
Pay4Later today launched a dedicated Education & Training Division, offering finance solutions for educational institutions and training providers across the UK.
The new service is aimed at institutions and providers who wish to offer their students finance options (including interest free finance) to spread the cost of courses ranging in value from £300 to £25,000 and over terms from 6 to 60 months.
Pay4Later's best-in-class esignature process features instant decisions and a completely paperless process for a superior enrolment experience.
Enabling students to spread the cost of their tuition fees results in faster course adoption, reduced drop out rates and increased overall enrolment. Pay4Later seamlessly integrates into existing enrolment channels (on-campus, online and via email), enhancing the student experience and making courses more accessible.
Finance facilities are available immediately to institutions and businesses holding a consumer credit licence, established at least two years and with a turnover of at least £1m. To apply for an account, visit http://www.pay4later.com/apply.
James Cuss, General Manager, Pay4Later Education & Training Division said, "there is an urgent need for modern financing options in the professional training and education sector. Pay4Later is excited to step forward and fill this gap. Business schools, professional training organisations and private schools can now take advantage of Pay4Laters' industry leading financing platform to help drive increased student enrolment."