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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.

  • VVL does not provide any independent financial advice and can only introduce its customers to a funder on our panel.

  • VVL does not search the 'market' for a finance provider.

  • VVL routinely assesses the panel to ensures competitive pricing is available to customers

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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.

  • It may affect our independence and potentially give rise to a conflict of interest when offering suitable products to customers.

  • Knowing about the commission may have a material impact on a customer's decision.

  • The amount of commission received affects the amount the customer pays.

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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.

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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

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Contact us today!

FOR ALL OF YOUR COMPANY VEHICLE REQUIREMENTS!

info@venlease.co.uk

Manor Lodge

Whitton

North Lincolnshire

DN15 9LL

Tel: 01724 733282
 

Registered Office: Manor Lodge, Whitton, North Lincolnshire, DN15 9LL. Data Protection No: Z1993380 | VAT No : 980 7796 61 Nicholas Venter T/A Venter Vehicle Leasing is authorised and regulated by the Financial Conduct Authority FRN (790317). We act as a credit broker not a lender. We will only introduce you to Leasing Options Ltd FRN (660061) who will introduce you to a limited number of lenders who may be able to offer you finance facilities for your purchase. We receive a commission payment from the finance provider if you decide to enter into an agreement with them. 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. The amount of commission received affects the amount the customer pays. You may be able to obtain finance for your purchase from other lenders and you are encouraged to seek alternative quotations.  If you would like to know how we handle complaints, please ask for a copy of our complaints handling process. You can also find information about referring a complaint to the Financial Ombudsman Service (FOS) at financial-ombudsman.org.uk. Vehicle images are for shown for illustration only and may not represent the model specified.

Member of the British Vehicle Rental & Leasing Association. No. 8048.

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