Warning: Declaration of wpex_menu_walker::start_el(&$output, $item, $depth, $args) should be compatible with Walker_Nav_Menu::start_el(&$output, $item, $depth = 0, $args = NULL, $id = 0) in /home/sarahcli/public_html/commercialfs.co.uk/wp-content/themes/Beta/theme_functions/menu_walker.php on line 0
GDPR Privacy Notice - commercialfs

GDPR Privacy Notice

Commercial Finance Solutions UK Limited – Privacy Notice

Who we are

 Commercial Finance Solutions UK Ltd are Commercial Finance Brokers based in Maidstone, Kent. We act as a Broker for our customers. Commercial Finance Solutions UK Limited are Authorised and Regulated by the Financial Conduct Authority. FRN 730087

How we will use the information about you

Here at Commercial Finance Solutions UK Limited we take your privacy seriously and will use your personal information in a number of ways which will help us;

  1. make lender decisions,
  2. with fraud prevention,
  3. for audit,
  4. statistical analysis,
  5. credit reference checks

We may share your information with, and obtain information about you from, credit reference agencies or fraud prevention agencies. If you apply to us for insurance, we will pass your details to the insurer. Information you provided may be put onto a register of claims and shared with other insurers to prevent fraudulent claims.

We will not disclose your information to any company outside of Commercial Finance Solutions UK Limited except to offer suitable and sustainable products that they provide to meet your needs, to help prevent fraud or if required by law to do so.

For further information on how your information is used, how we maintain the security of your information and your rights to access/alter and change information we hold on you, please contact andrew@commercialfs.co.uk

Additional Marketing

However, from time to time we would like to contact you with detail of other services we provide. If you consent to us contacting you for this purpose please tick to say how you would like us to contact you.

☐ Post

☐ Email

☐ Phone

☐ Text

☐ Automated Call

Your Personal Data:

What we need

Commercial Finance Solutions UK Limited will be what is known as the controller and the processer of the personal data you provide to us. We collect personal data about you which may also include any special types of information or location-based information.

We also gather

Personal details, names, addresses, email, family details, lifestyle and social circumstances, financial details, employment and education details, goods and services provided.

Why we need it

 We need to know your basic personal data in order to provide you with an accurate recommendation for your personal circumstances. We will not collect any personal data from you we do not need in order to provide and oversee this service to you.

For processing of data to be lawful under GDPR Commercial Finance Solutions UK Limited use;

(a) Consent: the individual has given clear consent for you to process their personal data for a specific purpose.

(b) Contract: the processing is necessary for a contract you have with the individual, or because they have asked you t

(c) Legal obligation: the processing is necessary for you to comply with the law (not including contractual obligations).

(d) Vital interests: the processing is necessary to protect someone’s life.

(e) Public task: the processing is necessary for you to perform a task in the public interest or for your official functions, and the task or function has a clear basis in law.

(f) Legitimate interests: the processing is necessary for your legitimate interests or the legitimate interests of a third party unless there is a good reason to protect the individual’s personal data which overrides those legitimate interests. (This cannot apply if you are a public authority processing data to perform your official tasks.)

What we do with it

All the personal data we use is controlled by Commercial Finance Solutions UK Limited in the UK, however, for the purposes of IT hosting and maintenance, this information is located on servers within the European Union. No 3rd parties have access to your personal data unless the law allows them to do so.  We have a Data Protection regime in place to oversee the effective and secure processing of your personal data. More information on this framework can be found www.commercialfs.co.uk

We may pass your data to Lenders, Accountants, Solicitors and Service Providers in order to provide you with offers of products suitable to meet your customer requirements.

Your data is stored electronically on our cloud encrypted server. Our server is based in the UK.

How long we keep it

We are required under Financial Conduct Authorities record keeping rules to keep your basic personal data, such as personal details, names, addresses, email, family details, lifestyle and social circumstances, financial details, employment and education details, goods and services provided for a minimum of 6 years, after which time it will be destroyed. The information used for marketing will be kept with us until you notify us that you no longer wish to receive this information.

What are your rights?

If at any point you believe retained information is incorrect you can request to see this information and even have it corrected and possibly deleted. Providing you with this information is free of charge, but charges may apply for excessive requests.

If you wish to raise a complaint on how we have handled your personal data, you can contact our Data Controller who will investigate the matter.

Where relevant, you have the right to withdraw consent at any time and this means that we cannot process your data provided without your consent.

If you are not satisfied with our response or believe we are processing your personal data not in accordance with the law, you can complain to the Information Commissioner’s Office (ICO).

Our Data Controller is Andrew Craddock and you can contact them at andrew@commercialfs.co.uk

 We will share your details with the potential lenders, accountants, solicitors and service providers, so that they process your information, allowing Commercial Finance Solutions UK Limited to offer suitable and sustainable products that they provide. If you consent to us passing your details for that purpose sign to confirm.

Signed…………………………………………….                Print Name………………………………………               Dated…………………….