Commission disclosure

Customer Commission Disclosure Statement 

Central Contracts (SOT) Ltd is a vehicle leasing broker. We offer a range of products and services provided by a panel of carefully selected finance providers.  We are not a lender. Our role is to help you find a suitable vehicle and introduce you to a finance provider from our panel. We do not provide independent financial advice, and we do not search the whole market. However, we regularly review our panel to ensure the products we offer remain competitive and appropriate for our customers’ needs.

Our approach to commission and transparency

We are committed to being open, fair and transparent in how we operate. In line with our regulatory obligations, including the FCA Consumer Duty, we want to ensure you understand how we are paid and how this may affect you.

We receive commission from finance providers when we successfully arrange a finance agreement for you. This commission may be structured in different ways, including fixed or variable amounts. 

We disclose this because:

• It may create a potential conflict of interest when recommending products

• It may affect the overall cost of your agreement

• It may be relevant to your decision about whether to proceed

Your right to information

If you are a consumer, sole trader or small partnership entering into an agreement regulated by the Consumer Credit Act, you have the right to request further information about any commission we may receive. 

You can request this information at any time and you will be asked to sign a commission disclosure document at the point of order and again with your finance documentation. 

Putting customers first

We are committed to acting in your best interests and ensuring that any product we introduce is appropriate for your needs and circumstances. If you have any questions about commission or how we are paid, please contact us and we will be happy to explain.