Commission Disclosure Statement
Nicholas Venter T/A Venter Vehicle Leasing (VVL) is a vehicle leasing broker and we offer a range of products and services to customers, provided by a panel of funders.
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VVL is not a funder or a lender, we offer the service of locating a vehicle and introducing you to a finance provider.
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VVL does not provide any independent financial advice and can only introduce its customers to a funder on our panel.
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VVL does not search the 'market' for a finance provider.
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VVL routinely assesses the panel to ensures competitive pricing is available to customers
At VVL we feel it is important to be open and transparent with our customers and we are obliged to disclose the existence of commission because:
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It could act as an undue incentive to recommend a particular product.
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It may affect our independence and potentially give rise to a conflict of interest when offering suitable products to customers.
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Knowing about the commission may have a material impact on a customer's decision.
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The amount of commission received affects the amount the customer pays.
The nature of this commission is as follows: a variable commission based on the circumstances, for example, the model of the vehicle and market influences, however, the best rate will be maintained for the customer.
Customers who are consumers, sole traders or small partnerships and who use our services resulting in the entering of an agreement which is regulated by the Consumer Credit Act can request further information relating to the commission.
Customers may ask for a commission disclosure at any time from initial discussions until the agreement is set live. After the agreement is set live, VVL is not obligated to disclose any information and will consider all requests on their individual merits.
Customers may request this information by contacting:
The Compliance Manager, Venter Vehicle Leasing, Manor Lodge, Whitton, North Lincolnshire, DN15 9LL
By Phone: 01724 733282
By Email: nick@venlease.co.uk