A new deal between NIG Skandia subsidiary Finsure Premium Finance and Key Choice will enable brokers to produce point-of-sale documentation for new credit applications.

Key Choice Premium Finance is available to all Key Choice members subject to approval. The initiative aims to allow brokers to further streamline their operations and improve customer retention rates by allowing them to pay in instalments. Full cycle EDI capability will be available from next year.

"Premium finance is now one of the most popular means for brokers to offer their customers the significant benefits of direct debit," said Key Choice operations manager Chris Moseley. "By teaming up with Finsure, we are able to give agents the tried and tested benefits of Finsure allied to CSC technology."