Initial Disclosure

Dear Customer, please read the following document in addition to your pre-contract information. You should consider the information provided before signing your financial agreement, to decide if our services are right for you.

Who are we and how can we help finance your purchase?

We are Cobb & Jagger limited and our firm reference number is 653777, we are a credit broker not a lender. We trade as Ducati Leeds, Triumph West Yorkshire and Cobb & Jagger Motorcycles.

Information commissioner’s office

Our (ICO) number is ZA239334.

Who can apply for finance with us?

• All finance is subject to status, and we will register a search on your credit profile which may or may not affect your credit rating.

• Terms and conditions apply. A guarantee may be required.

• Over 18’s only.

• UK residents only

Whose products do we offer?

We can introduce you to a limited group of carefully selected credit providers who may be able to offer you finance for your purchase. Our role as a credit broker is to put options / an option to you. Each credit provider may have different interest rates and charges.

We do not charge you a fee for our services. We are only able to offer a range of finance products from a limited panel of lenders, which may be suitable for you or may not. We will explain the key features of these products to you.

We are NOT independent financial advisors. We will provide details of the products available from the lenders that we work with but no advice or recommendations will be made. You must decide whether the finance product is right for you. Our current finance partners are listed below.

• Black Horse

• Santander consumer finance

• Close Brothers Motor Finance

• Moto Novo

Commission arrangement and Interest rates

We are very likely to receive a commission for arranging your finance. Rates will be either fixed or based on your credit score. Fixed rates are based on the lender by a parameter or a number of parameters (for example the advance borrowed, the age of asset or the manufacturer of the asset).

Fixed rates are determined by our contractual agreement with the finance company. Credit score-based rates are pre-set and linked to your individual credit rating. Typically the higher your credit score the lower the APR you will receive from a credit provider.

We will receive payment / commission from the credit provider for introducing you to them. The amount we receive could vary by credit provider, which may be a higher amount in relation to certain products compared with other products available.

The lender we work with could pay commission at different rates. However, the amount of commission that we receive from the lender does not have an effect on the amount that you pay to that lender under your credit agreement. We run a number of different commission models depending on the arrangements we have agreed with the lender. The commission received is usually either a fixed fee or a percentage of the amount you borrow. This may also mean that the more you borrow the more is paid to us.

We will inform you of the amount of commission we receive prior to completing the finance contract.

Using your personal data

We use your personal data in order to:

• Support a number of specific steps before you enter into a contract for motorcycle finance (loan agreement) with your chosen finance company and

• Ensure that our legitimate interests as a financial broker are protected.

Contact Us

If you have any queries / complaints regarding the agreement you are entering into, please speak to a member of our Cobb & Jagger team or give us a call on 01274 591017. If this can’t be resolved by ourselves please contact the financial ombudsman service at https://www.financial-ombudsman.org.uk/consumers/how-to-complain