Initial Disclosure Document

About Us

Axis Leasing is a trading name of Axis Lease Management Ltd, a company registered in England & Wales no 03524845 and our registered office is Unit 29, Cross Hands Business Park, Cross Hands, Carmarthenshire, SA14 6RE.

The Financial Conduct Authority (FCA) is the independent regulator of financial services. It requires us to provide you with this document called an ‘Initial Disclosure Document’. It provides information about us, the products we offer, our range of services, what we charge for our services, who regulates us and what to do if you have a complaint plus details about the Financial Services Compensation Scheme.

Background

The directors have been working in banking and commercial finance since the 1980s, specialising in equipment supplier leasing programmes mostly in the high-tech arena. We are also heavily involved with the education sector arranging Operating Lease facilities for schools.

After long successful careers with organisations such as SG Warburg, GE Capital and Société Générale, we launched Axis in 1998 to offer technology finance as a broker, enabling us to work with a wider range of specialist banks to accommodate the rapid developments in the world of ICT.

What products do we offer?

We offer a range of commercial financial products including Finance and Operating Lease Contracts, Hire Purchase, Business Loans, Cycle to Work Programmes and Cashflow Finance. We also assist with MBOs.

We only offer commercial financial solutions from a limited number of lenders which specialise in our core markets. We can supply a list of lenders we use when requested. We receive payment from the funders/lenders by way of an introduction fee or commission.

Which service will we provide you?

We will listen to your requirements and assess the situation depending on the type of asset you wish to finance, the type of funding you are looking for, its lifespan, and the construction of the project delivery framework. We then look to place the business with the most appropriate bank.

We never advise upon the technical side of equipment being acquired and neither do we recommend any particular asset or supplier. When requested we will assist with providing the names of suppliers that might be able to assist you. You are required to make your own decisions about how to proceed.

Do we charge for our services?

We do not charge clients appraisal fees for our broker related services. We are a commission and fee-based organisation which means that we may receive a payment(s) or other benefits from finance providers. The nature of commission varies between funders and the volumes of business we place with them and the nature of the lending product. The banks will charge a documentation fee.

Who regulates us?

The Financial Conduct Authority (FCA)

The FCA is the independent watchdog that regulates financial services. This document is designed by the FCA to be given to consumers, considering buying certain financial products, to decide if our services are right for you.

Axis Lease Management Ltd is an independent credit broker, not a lender, authorised and regulated by the Financial Conduct Authority. Our FCA registration number is 730927. You can check via www.register.fca.org.uk

Axis Lease Management Limited is a member of the National Association of Commercial Finance Brokers (NACFB). We adopt a strict Code of Practice and Minimum Standards set by the Association. You can check Our membership status by contacting the NACFB on the below link.

https://www.nacfb.org

What to do if you have a complaint?

If you wish to register a complaint, please contact us.

In writing: FAO: Complaint Manager, Axis Leasing, Unit 29, Cross Hands Business Park, Cross Hands, Carmarthenshire, SA14 6RE

By telephone: 01269 844442

Emails: customerservices@axisleasing.com

A copy of our complaint’s procedure was sent along with our disclosure document. If you cannot settle your complaint with us, you may be entitled to refer it to the Financial Ombudsman Service. Address: Financial Ombudsman Service, Exchange Tower, London, E14 9SR. Contact: 0800 0234567, 0300 1239123. Website: www.financial-ombudsman.org.uk

Are we covered by the Financial Services Compensation Scheme (FSCS)?

Your transaction may be covered by the FSCS for regulated transactions only. The FSCS is the UK’s statutory Deposit insurance and investors compensation scheme for customers of authorised financial services firms. FSCS exists to protect customers of financial services firms that have failed. If the company you’ve been dealing with has failed and can’t pay claims against it, the FSCS may be used to pay compensation.

You can find out more about FSCS at www.fscs.org.uk

How is your data handled?

Please see our separate privacy policy and fair processing notice here