# Klarna Financing for UK customers

Klarna’s Financing product allows customers to buy now and pay over monthly installments. Klarna Financing is different from Klarna's other [payment options](https://docs.stripe.com/payments/klarna#payment-options) such as Pay in 3 or 4, Pay Later, and Pay in Full.
* Configurable: Offer the best, most transparent Financing payment option, with dynamic features including fixed 0% APR or term lengths from 6 months up to 24 months.
* Simple and transparent: Offer customers a straightforward closed-end loan with no hidden fees.
**What's included for Klarna Financing for UK customers?**
* APRs: Up to 21.9% APR
* Terms: 6, 12, 24 month plans designed for convenience and flexibility
* Order range: Refer to our [docs](https://docs.stripe.com/payments/klarna#payment-options).
**How can I offer this to my UK customers?**
This feature is not available by default for UK or EU merchants looking to offer financing to their UK customers.
If you’re looking to enable Klarna Financing for customers in the UK, you will need to obtain a credit broker status from the British Financial Conduct Authority (FCA). You can complete and submit the necessary form online [through the FCA website](https://www.consumercreditcentre.co.uk/) or through a specialized consultancy service. If you are registered, [contact us](/email/login).
**Why is being registered with the FCA a requirement?**
Being registered with the FCA is a requirement because Klarna Financing is a regulated credit service. While Klarna facilitates a credit agreement with the customer, the merchant still offers the credit and makes it viable for the customer to do so through their website.
**How complex is this process? How long does it take to complete it? Does it cost anything to the merchant to become a credit broker?**
It takes a couple of hours to fill out and takes 8–12 weeks to come back. It costs £100–£500 to become a credit broker, depending on the size of the merchant. Merchants have to fill out a [RegData report](https://www.fca.org.uk/firms/regdata) every year and pay a yearly fee, which is dependent on how much credit they’ve put through.