Privacy Policy
Ipram Asset Finance Ltd, located at Unit 6 Dalton Court, Commercial Road, Darwen, BB3 0DG, is a credit brokerage authorised and regulated by the Financial Conduct Authority (FCA). This Privacy Policy explains how we collect, use and protect your personal information when you contact us, use our services or visit our website.
Information we collect
We collect information when you contact us, request a finance quote, complete a form on our website, or communicate with us by phone, email or post. We may also receive information from lenders, credit reference agencies and other third parties involved in your application.
- Personal details: name, date of birth, address, email address, telephone number and job title.
Financial and business information: details about your business, assets, income, expenditure and banking information.
Application information: details of the finance you are seeking and any supporting documents you provide.
Data usage and the legal basis for processing
We only process information that is necessary for the purposes described in this Privacy Policy. We use your information to: • respond to your enquiries and provide our services; • assess your eligibility for finance and introduce you to lenders; • meet our legal and regulatory obligations; and • manage our business and maintain records.
Our “legitimate interests” include running and developing our business, providing asset finance brokerage services, keeping appropriate records, and protecting our legal rights. Where we rely on legitimate interests, we balance these against your rights and freedoms and only process your data where our interests are not overridden.
Automated Decisions and Profiling
We do not use your information to make automated decisions that have a legal or similarly significant effect on you, and we do not carry out profiling for marketing purposes.
How we share this information
We do not sell your personal data. We may share your information with: • lenders and other finance providers we work with; • credit reference and fraud prevention agencies; • regulators and authorities where required by law; and • professional advisers and service providers who support our business (for example IT, compliance or legal services).
Retention of your information
We keep your information for as long as necessary to fulfil the purposes set out in this Privacy Policy and to meet legal, regulatory and reporting requirements. How long we keep it will depend on factors such as the nature of your relationship with us and our regulatory obligations.
Managing your personal information
- You have rights over your personal information, including the right to:
• request access to the personal data we hold about you;
• ask us to correct inaccurate or incomplete information;
• ask us to delete your information in certain circumstances;
• object to or restrict certain types of processing; and
• request a copy of your data in a portable format.
These rights may not always apply, for example where we must keep information for legal or regulatory reasons. If you wish to exercise any of your rights, please contact us using the details on our website. You also have the right to complain to the Information Commissioner’s Office (ICO) if you are unhappy with how we handle your data.