Initial Disclosure Document
Information about us, the service we provide, and how we earn commission
Project Kahn Limited (company registration number 0496046), registered address 240 Canal Road, Bradford, BD14SX, trading as Kahn Automobiles, is authorised and regulated by the Financial Conduct Authority (FCA). Project Kahn Limited is a credit broker and not a lender. Our Financial Conduct Authority firm reference number is 659619.
The Financial Conduct Authority is the independent regulator of financial services and consumer credit firms in the United Kingdom.
Our service
We can introduce you to a limited number of lenders who offer finance products. We do not offer advice or recommendations. You will need to make your own decision on whether a finance agreement is right for you.
We may also offer unregulated credit products from Klarna and PayPal. These products are not regulated by the Financial Conduct Authority and you will not have access to the Financial Ombudsman Service or the Financial Services Compensation Scheme in relation to them.
How we are paid
We do not charge you a fee for arranging finance.
We will receive a commission payment from the finance or hire provider if you decide to enter into an agreement with them. The nature of this commission is as follows: we receive a commission based on a percentage of the total amount of finance taken by the customer.
The lenders we work with consider that the commission earned reflects the work carried out by us as the broker. This includes advertising the finance option, coordinating with the lender to arrange financing, and handling administrative tasks such as completing proposals, processing orders, and managing delivery.
Commissions help cover these operational costs, allowing brokers to provide their services without direct fees to customers. This will not affect the amount you pay. We will disclose the amount of any commission received prior to you signing your credit agreement.
The commission we receive may vary depending on how you are introduced to us, which lender we place you with, and which finance product you choose.
Authorisation and regulated activity
Regulated consumer credit activities are regulated by the Financial Conduct Authority. You can check our authorisation on the Financial Services Register by visiting www.fca.org.uk.
Confidentiality and Data Protection
Project Kahn Limited, together with our partners, will store your information. We may share this information with our group companies and with third parties in the normal course of arranging and administering finance contracts.
We may contact you by post, telephone or email regarding products, services, special offers, or customer satisfaction surveys.
You have the right to request a copy of your personal information, to correct inaccuracies, and to withdraw consent for data processing. Please contact us using the details below to exercise these rights.
Credit Reference and Fraud Prevention Checks
If you proceed to use our services, you authorise us and the lenders to make enquiries necessary to consider your application.
Lenders will make enquiries with Credit Reference Agencies and fraud prevention agencies. If false or inaccurate information is provided and fraud is identified, details may be passed to fraud prevention agencies. Law enforcement agencies and other organisations may also access and use this information to prevent fraud and money laundering.
Complaints
We aim to provide the highest level of service. If you have a complaint, please contact us by email at kai@kahndesign.com, in writing to the Compliance Department at 240 Canal Road, Bradford, BD14SX, or by telephone on 01274 749999.
If you remain dissatisfied, you have the right to refer your complaint to the Financial Ombudsman Service, Exchange Tower, London, E14 9SR. Telephone: 0800 023 4567.