Affinity Asset Finance Limited
1 Golf Road
Radcliffe-On-Trent
Nottingham
NG12 2GA
Initial Disclosure Document (IDD) about our services and our costs
About our services;
1. What products do we offer?
We offer a wide range of commercial financial products including:
- Asset Finance & Leasing, Commercial Mortgages, Property Finance, Invoice Discounting all as per our website.
2. Whose products do we offer?
- We only offer commercial financial solutions from a limited number of lenders. Ask us for a list of the lenders we offer from.
3. Which service will we provide you?
- You will not receive advice or a recommendation from us. You will need to make your own choice about how to proceed.
4. What will you have to pay us for our service?
- We may receive Commission from the Lender as well as receiving Fees separately from You; for the avoidance of doubt these sums are subject to the terms of Our arrangements with the Lender who pays that Commission.
- You are aware that We are required to disclose the nature of Commission in Our communications, as well as when making a recommendation to You. The existence and nature of Commission arrangements where the Commission varies depending on the Lender, product or other permissible factors will always be disclosed. The disclosure will also cover how the arrangements could affect our recommendations to You. Such disclosures will be made in our suitability e-mail issued to you at the time of negotiation.
5. Who regulates us?
The Financial Conduct Authority (FCA)
The FCA is the independent watchdog that regulates financial services. This document is designed by the FCA to be given to consumers, considering buying certain financial products, to decide if our services are right for you.
- Affinity Asset Finance Ltd, registered at 1 Golf Road, Radcliffe-On-Trent, Nottingham NG12 2GA Company Register number is 07036851. Authorised and Regulated by the Financial Conduct Authority. Our FCA registration number is 725156. You can check via www.register.fca.org.
- Affinity Asset Finance Ltd is a member of the National Association of Commercial Finance Brokers (NACFB). We adopt a strict Code of Practice and Minimum Standards set by the Association. You can check Our membership status by contacting the NACFB on the following ink. https://www.nacfb.org
6. What to do if you have a complaint?
If you wish to register a complaint, please contact us.
- In writing: Thomas Adams (Company Director) 1 Golf Road, Radcliffe-On-Trent Nottingham NG12 2GA
- By telephone: 07540 051196
- A copy of our complaint’s procedure was sent along with our disclosure document. If you cannot settle your complaint with us, you may be entitled to refer it to the Financial Ombudsman Service. Address: Financial Ombudsman Service, Exchange Tower, London, E14 9SR. Contact: 0800 0234567, 0300 1239123. Website: www.financial-ombudsman.org.uk
7. Are we covered by the Financial Services Compensation Scheme (FSCS)?
- Your transaction may be covered by the FSCS for regulated transactions only. The FSCS is the UK’s statutory Deposit insurance and investors compensation scheme for customers of authorised financial services firms. FSCS exists to protect customers of financial services firms that have failed. If the company you’ve been dealing with has failed and can’t pay claims against it, the FSCS may be used to pay compensation.
You can find out more about FSCS at www.fscs.org.uk