Purpose/Activity |
Type of data |
Lawful basis for processing including basis of legitimate interest |
To process and manage your Lender Member account:
(a) Manage payments, fees and charges
(b) Collect and recover money |
(a) Identity
(b) Contact
(c) Financial
(d) Transaction
(e) Marketing and Communications |
(a) Performance of a contract with you
(b) Necessary for our legitimate interests
(c) Comply with a legal or regulatory obligation |
To undertake a risk assessment of a business which you are a Key Account Party of and that has made an application to us to register as a |
(a) Identity
(b) Contact |
(a) Performance of a contract with you
(b) Necessary for our legitimate interests (assessing whether your business is suitable to be |
borrower. We may use credit reference agencies to assist us with this and in doing so we will share your personal information with them and they will give us information about you and your business |
(c) Financial
(d) Transaction |
registered as a borrower, verify information you have told us, and detect and prevent financial crime)
(c) Comply with a legal or regulatory obligation |
To register a business which you are a Key Account Party or Account Party of as a borrower |
(a) Identity
(b) Contact
(c) Financial
(d) Transaction |
(a) Performance of a contract with you
(b) Necessary for our legitimate interests (to register your business as a borrower)
(c) Comply with a legal or regulatory obligation |
To process and manage the loan account of a borrower which you are a Key Account Party or Account Party of. This may include continuing to share your information credit reference agencies for so long as your business remains registered as a borrower with us |
(a) Identity
(b) Contact
(c) Financial
(d) Transaction
(e) Marketing and Communications |
(a) Performance of a contract with you
(b) Necessary for our legitimate interests (detect and prevent financial crime, manage your business’ accounts with us, trace and recover debts and tell you about relevant offers)
(c) Comply with a legal or regulatory obligation |
To manage our relationship with you which will include:
(a) Notifying you about changes to our terms or privacy policy
(b) Asking you to leave a review or take a survey |
(a) Identity
(b) Contact
(c) Profile
(d) Marketing and Communications |
(a) Performance of a contract with you
(b) Necessary to comply with a legal obligation
(c) Comply with a legal or regulatory obligation
(d) Necessary for our legitimate interests (to keep our records updated and to study how customers use our products/services) |
To enable you to partake in a prize draw, competition or complete a survey |
(a) Identity
(b) Contact
(c) Profile
(d) Usage
(e) Marketing and Communications |
(a) Performance of a contract with you
(b) Necessary for our legitimate interests (to study how customers use our products/services, to develop them and grow our business) |
To administer and protect our business, the Platforms and this website (including troubleshooting, data analysis, testing, system maintenance, support, reporting, institutional investor on-boarding and hosting of data) |
(a) Identity
(b) Contact
(c) Technical |
(a) Necessary for our legitimate interests (for running our business, provision of administration and IT services, network security, to prevent fraud and in the context of a business reorganisation or group restructuring exercise)
(b) Necessary to comply with a legal obligation
(c) Comply with a legal or regulatory obligation |
To deliver relevant website content and advertisements to you and measure or understand the effectiveness of the |
(a) Identity
(b) Contact |
Necessary for our legitimate interests (to study how customers use our products/services, to develop them, to grow our business and to inform |
advertising we serve to you |
(c) Profile
(d) Usage
(e) Marketing and Communications
(f) Technical |
our marketing strategy) |
To use data analytics to improve our website, products/services, marketing, customer relationships and experiences |
(a) Technical
(b) Usage |
Necessary for our legitimate interests (to define types of customers for our products and services, to keep our website updated and relevant, to develop our business and to inform our marketing strategy) |
To make suggestions and recommendations to you about goods or services that may be of interest to you |
(a) Identity
(b) Contact
(c) Technical
(d) Usage
(e) Profile |
Necessary for our legitimate interests (to develop our products/services and grow our business) |