DATA PROTECTION ACT 1998

• In order to process the application for funding we will need to be supplied with information, including accounts and personal financial details, by you, the Client.
• We will record this information (whether in manually operated or automated systems) and retain it only as long as we are required by law to do so. We will keep it as securely as possible and it will not be passed onto a third party without your permission.
• We will use the information to assess the application, to approach a number of selected funders and, subsequently, in negotiations for the issue of an offer of funding with them.
• In order to do so, we will disclose such of this information as is necessary to negotiate terms with a funding source, with employees of this business, any guarantor required by the funder, any person or organisation necessary to comply with any legal or regulatory requirements to which we may be subject, and anyone else whom you may specifically authorise in writing.
• The lender may undertake a credit check upon receipt of your application. We will seek your permission before the credit check is undertaken, this check may be registered as part of your credit record.
• We may also use the information to monitor and analyse our business and, unless you instruct us in writing not to do so, contact you with details of products or services which may be of interest to you.
• You have the right to apply to us for details of the information we hold about you. An administrative charge may be made by us for doing so.