Regulated Prospect Initial Disclosure Document

The Financial Conduct Authority (FCA)

The FCA is the independent watchdog that regulates financial services. WestWon are regulated by the FCA
and are permitted to act as a Credit Broker for introduction to finance providers, acting on behalf of the
lender. You can check this on the Consumer Credit Register by visiting the FCA’s website.

Whose finance products do we offer?

We can introduce you to a number of lenders for leasing and business loans.

We do not offer independent financial advice and you are under no obligation to make use of any financial
product or services arranged by WestWon. Other providers may offer similar products that may or may not
meet your needs.

Which product or service will we provide you with?

We will review suitable finance products or services for you after we have assessed your needs for business
leasing and commercial loans. You are not obliged to agree with our recommendations or to make any
purchase of a financial product. You may obtain free independent financial advice from the Money Advice
Service.

What will you have to pay us for this service?

You will make no payment to us for introduction to finance providers, but we may receive a payment from
a finance company if you decide to enter into an agreement with them. You may ask us for details of such
payments.

Complaints policy

Should you have a complaint, please make a member of our staff aware. This complaint will be logged onto
our database system and dealt with as quickly as possible. Our Compliance Officer will write to you to confirm
the complaint and give you a unique reference and look to offer a solution.

Treating customers fairly

We will clearly outline to you, the repayment amount, and repayment frequency of your lease or loan. In
addition, the finance companies we work with normally charge a documentation fee of up to £150.00+VAT.
Some of the finance companies also make a yearly administration fee of up to £40.00+VAT.

If the agreement is a lease rental, there may be a charge at the end of the agreement should you wish a
third party to take ownership in the equipment subject to the lease. We are more than happy to state this
amount now or prior to any credit approval. Alternatively, at the end of a lease agreement, you can return
the equipment.

WestWon will aim to get the best rates from the finance companies we work with and earn a commission
that is reasonable within our business sector.

As a sole trader or partner in a firm, you are personally liable for any missed repayments, interest and
potentially legal fees.

Data Protection

All WestWon companies hold a current Data Protection Licence. We can supply you details of our licence
number if needed. Prior to any credit approval, and during an approval process, we will look to obtain
personal information such as you date of birth, home address and even personal net worth and bank
statements. This information is held on our database, located on a secure server within the UK. WestWon will
always use best endeavours to ensure the security of your personal information and will not pass this
information, or sell it to any third parties, other than in the normal course of our business when we are
presenting your proposal to a finance company we work with.

WestWon details

WestWon has a number of companies, WestWon Limited and WestWon Leasemaster Limited, if you are
unsure of the company you are dealing with, please speak to a member of our staff who can assist you.
Further details are available here.