Commission Disclosure

FINANCIAL CONDUCT AUTHORITY

The Financial Conduct Authority expects any intermediary to disclose to the customer that a commission may be payable by the owner or creditor to the intermediary, and, if the customer asks, the amount of that commission. The Financial Conduct Authority has made it clear that "commission" means any financial consideration.

We can introduce you to a limited number of finance providers. We charge a £270 arrangement fee for our Consumer Credit services. We do not act as a financial adviser, or fiduciary. We act in our own interest, whichever lender we introduce you to, we will typically receive commission from them based on either a fixed fee or a fixed percentage of the amount you borrow. Any and all commission amounts will be fully disclosed to you as part of your sales journey. You will be required to give your fully informed consent to our receipt of this commission. By doing this, you acknowledge that you understand our role as a credit broker, and that we will receive a financial incentive if you take out finance from a lender that we introduce you to.

ABOUT SUMMIT DRIVE'S SERVICES

1. Whose products do we offer?

Summit Drive offer products and services from a range of Leasing Companies, UK Vehicle Dealerships and Product Providers with whom we have commercial agreements in place. We are a Commission Based Organisation which means that we receive payments for business introductions. We will receive financial remuneration which may be variable or pre-set dependent on the product and the volume that we place with that organisation. The amounts that we receive may vary.

2. Which service will we provide for you?

You will not receive advice or a recommendation from us. We have provided you with product information enabling you to make your choice about how to proceed.

3. Who regulates us?

Summit Drive, a trading style of Summit Vans Limited, which is an appointed representative of ITC Compliance Limited, authorised and regulated by the Financial Conduct Authority (their registration number is 313486)

4. What to do if you have a complaint

Please visit our complaints procedure page.