Commission Disclosure

1. Our Role

V2L Limited is a credit broker, not a lender. We are authorised and regulated by the Financial Conduct Authority (FCA Firm Reference Number: 659121).

We act as a credit intermediary and can introduce you to a limited number of finance providers. We are not an independent financial adviser.

2. How We Are Paid

When we arrange finance for you, we may receive a commission payment from the finance provider (funder). This commission can take different forms:

• Fixed Fee: A set amount paid to us by the funder for each finance agreement arranged
• Variable Commission: A percentage of the total amount financed, which may vary depending on the interest rate and terms of the agreement
• Volume Bonus: Additional payments from funders based on the total volume of business we introduce

The amount of commission we receive does not affect the amount you pay.

3. Commission and Your Finance Agreement

The commission we receive may be influenced by:

• The finance product selected
• The term (duration) of the agreement
• The amount financed
• The interest rate applied to your agreement
• The funder selected

We may receive higher commission for introducing business to certain finance providers or for certain products. However, we will always aim to provide you with a finance solution that is suitable for your needs.

4. Your Right to Know

You have the right to request details of the commission we receive in relation to your specific finance agreement. If you would like this information, please contact us before you enter into the agreement.

We will provide you with the following information on request:

• Whether we receive commission from the funder
• The type of commission we receive (fixed or variable)
• The amount or basis of calculation of the commission

5. Our Commitment

We are committed to treating all customers fairly and acting in your best interests. When recommending a finance product, we consider:

• Your individual circumstances and needs
• The suitability of the product for you
• The total cost of the finance agreement
• Whether the repayments are affordable for you

The commission we may receive does not influence our recommendation to you. We always aim to find the most suitable finance option based on your requirements.

6. Contact Us

If you have any questions about our commission arrangements, please contact us:

• Email: info@vehicles2lease.co.uk
• Phone: 0161 764 0409
• Address: V2L Limited, Fernhill Depot, Todd Street, Bury, BL9 5BJ