Terms and Conditions
1. Pitch Terms and Conditions
In agreeing to use Raising Angel Finance (RAF), Ray McLennan (‘RM’) to raise funding, you, the ‘Borrower’, have agreed to pay the fees and commission to our service company Designed Living Limited
(‘DLL’) as set out below.
•
Commission Fee of 2% of the
total Investment Sum received by the Borrower; plus
•
An Introduction Fee of 2% (For a First Application only)
•
Fixed Fee for heads of terms on
acceptance of £495 (Paid prior to
draw-down of funds)
All fees are exclusive of VAT.
In return for your agreement to pay the
above fees (or any pre-agreed variation of those fees), you will receive the
following services:
•
Your Property pitch reviewed by
a expert prior to attending a pitch event
•
Your RM summary circulated to
investors who may not attend the pitch event
•
Suite of legal documents
required for investment (Loan Agreement, Key Facts Document)
•
Anti-money laundering checking
of investors for your protection
The fees as set out in these Terms
and Conditions will be paid immediately upon Completion.
Completion will be deemed to have
occurred upon receipt by the Borrower of the total investment/funding amount.
The Borrower will be liable to pay the full fees on the total investment /
funding amount received.
If you require Board approval before
entering into a contract of this nature, it is your responsibility to obtain
the necessary approvals before proceeding. In proceeding to enter into a
contract with us to deliver products and/or services you are assumed to have
all necessary approvals in place. You may be asked to provide Board Minutes (or
other evidence as/if appropriate) to evidence that you have such approval.
2. Privacy policy and Data collection
When you use our
services, we may request personal and company information from you as an
existing or potential client. This information includes:
Information that you
provide to us through the following means:
•
Filling
in forms;
•
Information
collected including any emails, letters, text messages, correspondence or any
other interactions that you have with us;
•
Details
of telephone calls with us or any of our representatives, where we may make and
keep a record of the information you share with us.
•
Transactions
carried out through our services.
The information
collected may include:
•
Personal
contact information such as name, email address, mailing address, phone number;
financial information including bank or brokerage account numbers;
identification codes such as user name, account number, password; and
preferences such as transaction history, marketing preferences.
•
Company
information (where you wish to raise loan capital for the company or your
business through Ray McLennan) such as company name, registered and operating
addresses, company number, company directors, significant shareholders, company
size, business type and information such as a professional or business profile.
•
Details
of any transactions carried out via our services. Information collected by
third parties and provided to us in order to enable us to comply with our
anti-money laundering obligations, or to check the accuracy and/or veracity of
any company information provided to us.
3. Use of data
We use the personal
data held about you to:
•
Ensure
that content is presented in the most effective manner for you.
•
Complete
and support immediate activity required to provide you with information and
deliver products and/or services that you request and to deliver any contracts
entered into with you.
•
Where
you have consented to be contacted for such purposes, to provide information on
our new and existing products and services.
•
Comply
with any requirements of law.
Data that is anonymous
may be used to:
•
Analyse
trends, track user movements and gather information about our user base for the
purposes of ongoing product and service development.
•
Manage
and administer our services and ensure that the presentation of the material on
our website is appropriate for you.
4. Data Storage and Security
The information is
stored in England, United Kingdom. We incorporate commercially reasonable
safeguards to help protect and secure your personal data. However, no method of transmission
over the Internet, or method of electronic storage, is 100% secure, therefore,
we cannot guarantee its absolute security. Please note that we cannot ensure
the security of any information you transmit to us, and you provide us with
your information at your own risk. If you have any questions about security you
can contact us on info@angelsden.com.
All personal data
stored will be:
•
Fairly
and lawfully processed
•
Processed
for limited purposes
•
Adequate,
relevant and not excessive
•
Accurate
•
Not
kept longer than necessary
•
Processed
in accordance with the data subjects rights
•
Secure
•
Not
transferred to other countries without adequate protection
Please be aware that
information we collect, including your personal data, may be transferred to,
processed and stored outside of, the EEA. The data protection laws in such
jurisdictions may differ from those of the country in which you are located,
and your personal data may be subject to access requests from governments,
courts, or law enforcement agencies in those jurisdictions. We take commercially
reasonable steps to ensure that your personal data is treated securely,
including entering into appropriate data transfer agreements. By providing us
with any information, you consent to this transfer to, and the processing and
storage of your information in, these jurisdictions.
Where passwords are
used, it is your responsibility to keep this password secure and confidential
and we request that you do not share your password with any other person or
party.
5. Information Disclosure
Information about you
will be disclosed only to our staff and representatives (whether employees or
contractors) to enable them to undertake the necessary activities related to
the delivery of information, goods and/or services and to the fulfillment of
any contractual obligations between you and us.
We do not spam, rent
or sell your information anywhere, anytime. We believe that when you share your
personal information with us, it is our responsibility to live up to your trust
by preserving your privacy.
We may share your data
with third parties in only the following ways:
•
We
will not disclose your identifiable personal information to any third party for
advertising purposes without your permission. However, we may provide
aggregated, anonymous data about our user base to third parties and we may make
use of personal data to enable us to assist advertisers to display
advertisements to an appropriate target audience.
•
We may
share the information with our parent, subsidiaries and affiliates for internal
reasons. If Designed Living Limited or the assets belonging to the company are
acquired by a third party, in which case your personal data held will be
transferred as an asset of the business.
•
In
order for us to meet our legal and regulatory requirements or if it is
necessary to enforce any agreements with us or to protect the rights, property
or safety of us, our employees and representatives, our customers or any
others. This includes, but is not restricted to, any data transfer required for
the purposes of fraud prevention or credit risk assessment.
6. Contact Us
If you have any
further questions, or wish to remove your personal data from our records,
please do not hesitate to contact us using one of the following methods:
Phone: 44 (0)7967 257 998
Email: Raymond@DesignedLiving.co.uk
Email: Raymond@DesignedLiving.co.uk
Designed Living Limited is a UK company with a registered address of 1
Exchange Crescent, Conference Square, Edinburgh EH3 8ANIn case you're
interested in these things, our VAT no. is 230 5566 27 and our company
registration number is SC441920.
I, the undersigned, have read,
understood and confirmed agreement to these Designed Living Limited Terms and
Conditions on this and the previous 4 pages.
Signed:
_____________________________________
Name in
Print:________________________________
Date:
_______________________________________
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