Commission Disclosure

Blossom Leasing Ltd (T/A Blossom Vehicle Leasing) are a commission-based company, which means we receive payments for business introductions. We are authorised and regulated by the Financial Conduct Authority (FCA). The FCA have made it clear that "commission" refers to any financial remuneration we may receive.

The finance application processing fee, paid by customers at point of order, covers costs related to sourcing the vehicle, processing the order etc. We do not charge for any other broker-related services.

When customers enter into an agreement with one of our lenders/finance providers we will earn a commission once the contract is made live (when the vehicle is delivered to the customer). We work alongside multiple finance providers. Some deals have a pre-set/fixed amount of commission (as determined by the finance provider), and some have variable commission which can impact on the lease costs to the customer. Our commission can be pre-set or variable and has numerous influencing factors such as purchase price, funder rate, interest rates, forecast residual, contract length, initial and monthly rental amounts payable and volume related incentives. Some, or all, of these factors can affect the amount paid by the customer.

As per FCA regulations, any customer entering into an agreement covered by the Consumer Credit Act has a right to know the amount of commission we receive. This is typically disclosed during the customer journey.

If a customer requires further information regarding commission arrangements they can speak to their sales consultant or the admin team as a first point of contact, or request to be put in contact with the Compliance Officer.