Vehicle Finance Status Disclosure for Peter Reeves Limited
Who are we?: Peter Reeves Limited are a dealership acting as a credit broker in arranging finance for vehicle transactions..
Are we authorised to arrange finance for you?: Yes, we are authorised and regulated for credit-broking activities by the Financial Conduct Authority (“FCA”). We are not a lender. Our FCA Firm Reference Number is 659437. For more information, please visit the FCA website at: https://register.fca.org.uk/. Please note that business customers may not be protected under the Consumer Credit Act 1974 or FCA rules.
What can we do to help finance your vehicle?: We can introduce you (whether direct or through a specialist credit broker) to a number of finance companies (“funders”) who may be able to finance your transaction. We will provide you with information and explanations about the finance products that may be available to you and, where we recommend a product to you to you, we will ensure that this is based upon :the information you give to us about your needs and circumstances so that it is suitable for you. Finance is arranged subject to status and terms and conditions. We cannot guarantee that we will be able to secure finance for you.
do you have to pay for our service?: no, But a funder or broker we work with may pay us for introducing you to them. Different funders/brokers may pay us different amounts
We are not independent financial advisers and so are unable to provide you with independent financial advice. Before entering into a Credit Agreement we will take you through the funders pre-sale Information and adequate explanations.