Privacy Policy

 

Privacy Policy

 

Blaise Commercial Finance Limited are a trading style of Blaise Commercial Finance which are Commercial Finance Brokers based in Frome.  We act as a broker for our customers.

Here at Blaise Commercial Finance Limited we take your privacy seriously and will use your personal information in several ways which will help us;

  1. make lender decisions,
  2. for fraud prevention,
  3. for audit,
  4. for 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. 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 lenders except 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 nicola@blaisecommercialfinance.co.uk.

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

For processing of data to be lawful under GDPR Blaise Commercial Finance 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 to take specific steps before entering into a contract.

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

(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.

Blaise Commercial Finance Limited will pass your data captured to [brokers/lenders/funders/banks] whom may use automated decision-making in respect of your application for finance. We will only collect the minimum amount of data needed and have a clear retention policy for the profiles we create.

You have the right not to be subject to a decision based solely on automated processing, including profiling, which produces legal effects concerning you or any significant affects. You can request human intervention and challenge a decision made this way by contacting nicola@blaisecommercialfinance.co.uk.

All the personal data we use is controlled by Blaise Commercial Finance 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 by contacting us.

We may pass your data to lenders 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 European Union.

We are required under regulation to keepyour basic personal data, such as name, address, contact details, etcfor a minimum of 6 years or the term of any agreed funding plus 6 years whichever is longer, 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.

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 Compliance Officer who will investigate the matter.

Where relevant, you have the right to withdraw consent and object 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 Compliance Officer is Nicola Mapp and you can contact them at nicola@blaisecommercialfinance.co.uk.

We will share your details with proposed lenders, so that they process your information, allowing Blaise Commercial Finance Limited to offer suitable and sustainable products that they provide.