DATA PROTECTION PERMISSION
Lendaline Business Finance Ltd will act as brokers in obtaining finance on your behalf. It will be necessary to obtain, retain and remit to our panel of Finance Companies: personal details of sole traders, partners in a business, beneficial owners/shareholders and directors of companies. Such information will be used by us for the sole purpose of obtaining finance for you.
Lendaline Business Finance Limited is a broker not a lender.
The information that you provide to us will be disclosed to prospective Finance Companies for the purpose of considering an application for finance. Some of the Finance Companies will use a process known as credit scoring. Declines based on this automated technique can be reviewed on request.
The Finance Companies will use the information you provide to carry out searches with Credit Reference Agencies. A record of these searches will be kept and may be used by other Finance Companies in assessing applications from you, members of your household or your business for credit in the future where they are connected to your application. Finance Companies will also check this information with fraud prevention agencies to prevent fraud. Further information on the use of your personal information is available from the Finance Companies.
To comply with Money Laundering Regulations, when an application is received from a business, information may be sought from credit reference agencies on the company directors and/or partners as individuals. It is important that you give full and accurate information as the details may be registered with fraud prevention agencies who may highlight inaccurate information on the register for other Finance Companies to see.
If this is a joint application, you must be entitled to disclose information about your co-applicant and/or anyone else referred to by you, and to authorise the Finance Companies to search and/or record information at Credit Reference Agencies about both of you. An "Association" will be created at the Credit Reference Agencies, which will link the financial records of both applicants.
This form also authorises all Finance Companies that conclude a transaction to forward copies of all documentation to Lendaline Business Finance Ltd.
Any advice or statements given by Lendaline Business Finance Ltd shall be given by Lendaline Business Finance Ltd on its own behalf only and not on behalf of any funder.
By ticking the GDPR box upon submission of any application made to Lendaline Business Finance Ltd, you are confirming you agree to give permission based on the the above information. Once you have given permission for searches, this permission will be valid for 3 years from the date of your entry. If you wish to withdraw permission sooner, please let Lendaline Business Finance Ltd know in writing via the details below.
Lendaline Business Finance Ltd is an Appointed Representative of Crystal Business Finance Ltd (Co. Reg No: 06457269) which is authorised and regulated by the Financial Conduct Authority. Crystal Business Finance Ltd is entered on the Financial Services Register under reference 653671. Lendaline Business Finance Ltd is entered on the Financial Services Register under reference 975936. For both entries go to https://register.fca.org.uk/.
Lendaline Business Finance Ltd is registered in England and Wales; Co. Reg. No. 14064342. Registered Address: 49 Gold Street, Hanslope, Milton Keynes, MK19 7LU. We use a panel of funders who pay us a commission which will vary depending on circumstances. Lendaline Business Finance Ltd is a broker not a lender