Shermin

Privacy Statement

Your rights as a visitor to this website.

This privacy policy statement sets out the data processing practices carried out through your use of this web site by Shermin Finance Limited.

We are authorised and regulated by the Financial Conduct Authority FRN 727594. We act as a credit broker not a lender and provide facilities to business from a panel of lenders. Shermin Finance is a trading name of Shermin Finance Limited.

Tel: 01926 512512

Email: enquiries@sherminfinance.co.uk

Download privacy policy as PDF file.

This privacy policy only covers Shermin Finance’s web site at www.sherminfinance.co.uk.

 Cookies may be used by us to provide you with customised information from our web site. A cookie is an element of data that a web site can send to your browser, which may then store it on your system. Cookies allow us to understand who has seen which pages and advertisements, to determine how frequently particular pages are visited and to determine the most popular areas of our web site. Cookies may also allow us to make our web site more user friendly by, for example, allowing us to save your password so that you do not have to re-enter it every time to visit our web site. 

We use cookies so that we can give you a better experience when you return to our web site. Most web browsers automatically accept cookies. You do not have to accept cookies, and you should read the information that came with your browser software to see how you can set up your browser to notify you when you receive a cookie, this will give you the opportunity to decide whether to accept it. If you disable cookies from your browser you may not be able to access certain features of a particular web site. 

For more information about our use of cookies please https://ico.org.uk/for-the-public/online/cookies/ 

 We use your information to help protect you and ourselves against fraud or crime. For example, our service providers look at all use of our website to help block malicious activity. This helps keep you and us safe. 

 We may share your personal information with fraud prevention agencies. If false or inaccurate information is provided and fraud is identified, details of this fraud will be passed to those agencies to prevent fraud and money laundering. 

 We think carefully about how we use your information. We always aim to use it in a way that’s fair to you. You might prefer us not to use it for some purposes. You have a legal right to: 

  • Ask us to provide you with copies of your personal information, make corrections or sometimes ask us to delete it. 
  • Object to our processing of your information in some circumstances. For example, to ask us not to share your personal information for online advertising. 
  • Complain to the UK Information Commissioner’s Office by visiting ico.org.uk. 

We may not always be able to stop processing your information, such as if we’re using it to help protect you or others. 

The firm holds personal data in the following categories: 

  1. Directors, shareholders and staff of our business partners (retailers). 
  2. Staff employment data. 
  3. Contractors’ data. 

How we manage Special Category Data 

In the unlikely event of us receiving Special Category Data as defined in GDPR https://ico.org.uk/for-organisations/guide-to-the-general-data-protection-regulation-gdpr/lawful-basis-for-processing/special-category-data/ Shermin Finance Limited will inform you of the receipt of this information to discuss the deletion of this data. 

“Process” means we obtain, store, update and archive data. 

  1. Personal data is held for the purpose of providing firms with appropriate, high quality, facilities with a panel of lenders. 
  2. Staff employment data is held in accordance with Employment, Taxation and Pensions law. 
  3. Contractors’ data is held for the purpose of managing their contracts. 

The Law says we must tell you this: 

  1. We hold personal data because it is in our Legitimate Interest to do so. Without holding the data we cannot work effectively. 
  2. We hold staff employment data because it is a Legal Obligation for us to do so. 
  3. We hold contractors’ data because it is needed to Fulfil a Contract with us. 

We can only share data if it is done securely, and it is necessary to do so. 

  1. Personal data may be shared with our lender panel who need to be involved in their regulatory requirements. Personal data is also be stored for back-up purposes with our computer software suppliers who store it securely. 
  2. Employment data will be shared with government agencies such as HMRC. 
  3. Personal identification data will be shared with our lending partners. 
  1. We will store Personal data for as long as we are providing a service of introduction, we will archive (that is, store it without further action) for as long as is required for legal purposes as recommended by the regulators. We normally hold this information for seven years. 
  2. We must store employment data for six years after an employee has left. 
  3. We must store contractors’ data for seven years after the contract is ended. 

You can complain in the first instance to the director, Phil Byron and we will do our best to resolve the matter. If this fails, you can complain to the Information Commissioner at www.ico.org.uk/concerns or by calling 0303 123 1113.