It is important that you describe the products/services you sell precisely. Failure to do so is likely to result in a failed application. If your description is too broad, so that it may be interpreted as including products/services that we do not accept, then your application is unlikely to pass the first stage. If your description is too narrow, so that it leaves out products/services that you do in fact sell, your application is likely to be rejected on that basis.
If the mischaracterisation of your business is determined to be deliberate, you will be charged £150 plus VAT to compensate us for our inconvenience. Please note that to knowingly supply false details during such an application is against UK law and that we do pass businesses’ details on to the authorities where appropriate.
It is important that any change of business model be promptly communicated to Tectah. Failure to do so may result in your account being closed with no refund.