When you apply, you share information about your company so we can assess and manage the finance. Protecting that information is something we take seriously, and you stay in control of what you share.
What we collect
- Company details, confirmed against Companies House
- Business bank account information, where you connect by Open Banking or upload statements
- Contact details for the people managing the application
How we use it
We use your information to make a lending decision, set up and run your facility, meet our legal obligations and keep your account secure. We do not use it for purposes you would not expect from a business lender.
Open Banking consent
Open Banking connections are made through your bank's own secure login, with your explicit permission. The connection is read-only, so it cannot be used to move money from your account, and you can withdraw consent.
Your rights
You can ask for a copy of the information we hold about your company and the people connected to it. Because we lend to limited companies and LLPs for business purposes, this finance sits outside the consumer-credit regime and is not covered by the Financial Ombudsman Service or FSCS. Our handling of personal data is still governed by UK data protection law.
See also: How Credicorp protects your company's data, Keeping your devices secure for business finance, Can a CIC or community interest company apply?.