Stax
in partnership with
Baxi

Offer Your Customers Financewith no transaction fees!

Partner with Stax to provide competitive consumer credit for heating and hot water solutions. Fixed 10.9% APR across flexible terms with no subsidy required.

Zero setup costs for already FCA authorised installers
Quick 7-day setup from FCA approval
FCA authorisation handled by Stax if not already registered for a small setup and monthly fee*.

Why Partner with Stax?

Competitive Rates

10.9% APR across 48, 60, and 120-month terms. No subsidy required from you.

Quick Setup

Get up and running in as little as 7 working days from FCA approval with our streamlined onboarding process.

FCA Compliance

Shermin Finance (Stax parent company) can handle your FCA requirements if you are not already FCA authorised.

*Exclusive Discount on FCA Fees for IAR's

For those not already authorised by the FCA, Stax offer Baxi Works installers a 10% discount on FCA management fees: £180 setup (was £200), £45/month (was £50).

Introducer Appointed Representative (IAR)

What does this mean for you?

✓ No FCA Application Required

Shermin Finance acts as the authorised principal, handling all regulatory requirements.

✓ Quick Market Entry

Start offering finance in as little as 7 working days from FCA approval.

✓ Reduced Costs

Baxi Works installers receive 10% discount on all IAR fees and charges.

✓ Full Compliance Support

Ongoing regulatory support and compliance monitoring included.

Already FCA authorised? No problem - there are no fees for independently authorised retailers.

Get Started Today
Register your interest and we'll call you back within 24 working hours

Frequently Asked Questions