Privacy Notice

Asset Based Finance and Leasing Ltd – Privacy Notice

Who we are

ABFL is a trading style of Asset Based Finance and Leasing Ltd which are Commercial Finance Brokers based in Pinner, UK. 

We are fully authorised and regulated by the FCA (FRN: 726152) and based at Crystal House, 72 Central Avenue, Pinner, Middx, HA5 5BP.

What data do we collect?

Our Company collects the following data:

  • Personal identification information (Name, email address, phone number, etc.)
  • Relevant financial data linked to finance proposals that ABFL receives.

How do we collect your data?

You directly provide Our Company with most of the data we collect. We collect data and process data when you:

  • Register online or other communication methods for our services.
  • Voluntarily complete a customer survey or provide feedback on any of our message boards or via email.
  • Use or view our website via your browser’s cookies.

Our Company may also receive your data indirectly from the following sources:

  • Credit reference agencies in relation to searches related to financing proposals received. 

Special Category Data

In the course of your interactions with ABFL you may share information that is classified as ‘Special Category Data’. This could include data about:

  • Race
  • Ethnic origin
  • Politics
  • Religion
  • Trade union membership
  • Genetics
  • Biometrics
  • Health
  • Sex life
  • Sexual orientation

Where you do share information relating to any of these categories e.g., when you may share information about your health or a characteristic of vulnerability Asset Based Finance and Leasing Ltd will always seek explicit consent from you to store and process such information. 

How will we use your data?

Our Company collects your data so that we can:

  • Process your application and manage your request.
  • Email you with special offers on other products and services we think you might like.
  • To monitor the performance of our products and services to ensure consumer outcomes are being achieved

Lawful Basis for Processing Data

Data TypeLawful Basis for Processing
Business Financial Information To be used to assess creditworthiness for commercial finance proposals
Personal InformationTo be used to assess creditworthiness for commercial finance proposals
Personal Financial InformationTo be used to assess creditworthiness for commercial finance proposals

If you agree, Our Company will share your data with our partner companies so that they may offer you their products and services, including.

  • Banks, Non-Bank Finance Companies, Commercial Finance Brokers

When Our Company processes your data, it may send your data to, and also use the resulting information from, credit reference agencies to prevent fraudulent purchases.

Credit Reference Agency Information Notice (CRAIN) 

Asset Based Finance and Leasing Ltd may share your personally identifiable information with credit reference agencies, for example, as part of the lawful basis ‘performance of a contract.’ For more information on how credit reference agencies process personal data please visit here.

How do we store your data?

Our Company securely stores your data at Crystal House, 72 Central Avenue, Pinner, HA5 5BP, UK

Data LocationSecurity 
At our business premisesIn secure digital storage (on Laptop/Hard Drive Storage Devices)
Offsite with secure cloud-based storageCurrys Knowhow and OneDrive (Microsoft)

Our Company will keep your for financial information data and supporting private data for a period of 6 years post completion of discussions and/or finance agreements arranged by ABFL with appropriate lending institutions. Once this time period has expired, we will delete your data by removal from our records. 

Data TypeDurationData Deletion Method
Emails and supporting financial documents for each client transaction enquiry (whether completed or not completed)6 years post completion of each client transaction or enquiry
Data relating to consulting work done for public bodiesAt least 6 years post completion of works- often ongoing By removal from our records. 

Marketing

Asset Based Finance and Leasing Ltd understands that with the introduction of the Consumer Duty, it is likely the level of communications issued by our business will increase. This will be necessary to support customers to understand the products and services offered and to provide support to customer throughout the lifecycle of the relationship.

Our Company would like to send you information about products and services of ours in the future, that we think you might like, as well as those of our partner companies, as and if applicable.  As at May 2024, Asset Based Finance and Leasing Ltd is not actively seeking to send you such information.   If we choose to do so in future, this Privacy Notice will be suitably updated accordingly. 

If you have agreed to receive marketing, you may always opt out at a later date.

You have the right at any time to stop Our Company from contacting you for marketing purposes or giving your data to other members of the Our Company Group.

What are your data protection rights?

Our Company would like to make sure you are fully aware of all of your data protection rights. Every user is entitled to the following:

The right to access – You have the right to request Our Company for copies of your personal data. We may charge you a small fee for this service.

The right to rectification – You have the right to request that Our Company correct any information you believe is inaccurate. You also have the right to request Our Company to complete the information you believe is incomplete.

The right to erasure – You have the right to request that Our Company erase your personal data, under certain conditions.

The right to restrict processing – You have the right to request that Our Company restrict the processing of your personal data, under certain conditions.

The right to object to processing – You have the right to object to Our Company’s processing of your personal data, under certain conditions.

The right to data portability – You have the right to request that Our Company transfer the data that we have collected to another organization, or directly to you, under certain conditions.

If you make a request, we have one month to respond to you. If you would like to exercise any of these rights, please contact us at our email:

Call us at: 020 8866 0961 or 07732 329538

Or write to us: Crystal House, 72 Central Avenue, Pinner, Middx HA5 5BP, UK

Cookies

Asset Based Finance and Leasing Ltd does not use cookies to track and test customer engagement and actions throughout the customer journey or customer communications. Asset Based Finance and Leasing Ltd understand that under the Privacy and Electronic Communications Regulation (PECR) opt-in consent is required when these types of cookies are used. 

Cookies are text files placed on your computer to collect standard Internet log information and visitor behaviour information. When you visit our websites, we may collect information from you automatically through cookies or similar technology.

For further information, www.allaboutcookies.org.

How do we use cookies?

Our Company uses cookies in a range of ways to improve your experience on our website, including:

  • Keeping you signed in
  • Understanding how you use our website

What types of cookies do we use?

There are a number of different types of cookies, however, our website uses:

Functionality – Our Company uses these cookies so that we recognize you on our website and remember your previously selected preferences. These could include what language you prefer and location you are in. A mix of first-party and third-party cookies are used.

Advertising – Our Company uses these cookies to collect information about your visit to our website, the content you viewed, the links you followed and information about your browser, device, and your IP address. Our Company sometimes shares some limited aspects of this data with third parties for advertising purposes. We may also share online data collected through cookies with our advertising partners. This means that when you visit another website, you may be shown advertising based on your browsing patterns on our website.

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How to manage cookies

You can set your browser not to accept cookies, and the above website tells you how to remove cookies from your browser. However, in a few cases, some of our website features may not function as a result.

Changes to our privacy policy

Our Company keeps its privacy policy under regular review and places any updates on this web page. This privacy policy was last updated on 24th May 2024.

How to contact us

If you have any questions about Our Company’s Privacy Policy, the data we hold on you, or you would like to exercise one of your data protections rights, please do not hesitate to contact us.

Email us at: mike@abfl-ltd.co.uk

Call us: 07739 329538 or 020 8866 0961

Or write to us at: Crystal House, 72 Central Avenue, Pinner, Middx, HA5 5BP, UK

How to contact the appropriate authority

Should you wish to report a complaint or if you feel that Our Company has not addressed your concern in a satisfactory manner, you may contact the Information Commissioner’s Office at www.ico.org.uk