StepEx Information

StepEx is an FCA-authorised tuition finance platform for UK education providers. We help universities and training providers convert spare capacity into recurring revenue by removing the biggest blocker to enrolment: upfront fees. Providers can offer regulated “pay over time” tuition finance via a provider-branded landing page, while StepEx handles the regulated lending, technology, servicing, collections and reporting. They keep commercial control (eligible courses, cohorts, availability and finance parameters within the permitted framework); StepEx manages affordability/credit assessments, issues and administers the regulated finance agreement, and ensures compliant student communications. In practice, approved students contract with StepEx Lender Ltd and the financed portion of fees is settled to the provider through an agreed share of repayments paid monthly in arrears, with reporting designed for finance, VAT and audit requirements. Finance is subject to eligibility and affordability checks. StepEx Lender Ltd is authorised and regulated by the Financial Conduct Authority (FRN 824928).