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  • info@parapara.co.uk
  • Monday - Friday, 9am - 6pm

Privacy Policy

DATA PROTECTION ACT

In order to process the application for funding the following information may need to be supplied, including accounts and personal financial details, by the Client, and by other sources such as Bank and credit reference agencies.

We may also, when authorised by You in writing, apply for supplementary information from professional or other advisers.

We will record this information (whether in manually operated or automated systems) and retain it only as long as We are required by law to do so. We will keep it as securely as possible.

We will use the information to assess the application, to approach a number of selected funders and, subsequently, in negotiations for the issue of an offer of funding with them.

In order to do so, We will disclose such of this information as is necessary to negotiate terms with a funding source, with employees of this business, any guarantor required by the funder, any person or organisation necessary to comply with any legal or regulatory requirements to which We may be subject, and anyone else whom You may specifically authorise in writing.

We may also use the information to monitor and analyse Our business and, unless You instruct us in writing not to do so, contact You with details of products or services which may be of interest to You.

In the event that We search with credit reference agencies, We will need to disclose information about You. The credit reference agencies will record details of Our searches. If You would like details of the credit reference agencies please write to us at the address stated.

You have the right to apply to us for details of the information We hold about You. An administrative charge may be made by us for doing so