Privacy Policy
Last Updated: 4/1/2024
1. Introduction
This Privacy Policy explains how we collect, use, disclose, and safeguard your business and personal information when you access and use our business lending services.
2. Information We Collect
2.1. Business Information: We may collect various types of business information, including but not limited to:
- Business name, address, and contact information.
- Business financial statements, tax records, and credit history.
- Ownership and shareholder information.
2.2. Personal Information: In some cases, we may collect personal information of business owners or authorized representatives, including:
- Name, title, and contact information.
- Social security number or taxpayer identification number.
- Financial information for personal guarantees.
2.3. Financial Information: We collect financial data related to your business, including revenue, expenses, and other financial metrics, to assess your eligibility for business loans.
2.4. Usage Data: We may collect information about how you use our website and services, including your IP address, browser type, device information, and pages visited.
2.5. Cookies: We use cookies and similar tracking technologies to collect information about your interactions with our website. You can manage your cookie preferences through your browser settings.
3. How We Use Your Information
We use your business and personal information for the following purposes:
- To assess your eligibility for business loans.
- To process loan applications and facilitate lending transactions.
- To comply with legal and regulatory requirements.
- To communicate with you about our services and updates.
- To improve and customize our services.
Your data security matters to us. We collect and use your info for business funding, but rest assured, we follow TCR compliance and don’t share it with third parties.
4. Disclosure of Your Information
4.1. Service Providers: We may share your business and personal information with third-party service providers who assist us in processing loan applications and delivering our services.
4.2. Legal Compliance: We may disclose your information when required by law or to protect our rights, privacy, safety, or property, or that of others.
5. Data Security
We implement reasonable security measures to protect your business and personal information from unauthorized access, disclosure, alteration, or destruction. However, no data transmission over the internet or storage system can be guaranteed as 100% secure.
6. Your Choices
You have the following rights regarding your information:
- Access: You can request access to the business and personal information we hold about you.
- Correction: You can request corrections to inaccurate or incomplete data.
- Deletion: You can request the deletion of your information, subject to legal and regulatory requirements.
- Opt-Out: You can opt-out of marketing communications by following the instructions in such communications.
7. Children’s Privacy
Our services are not intended for individuals under the age of 18. We do not knowingly collect personal information from children. If you believe we have collected information from a child, please contact us, and we will take appropriate steps to remove it.
8. Changes to this Privacy Policy
We may update this Privacy Policy to reflect changes in our practices or for other operational, legal, or regulatory reasons. We will post the updated Privacy Policy on our website, and the “Last Updated” date will be revised accordingly.
9. Contact Information
If you have questions or concerns about this Privacy Policy or our data practices, please contact us at info@arcapgroup.com.
10. Governing Law
This Privacy Policy is governed by and construed in accordance with the laws of Florida, without regard to its conflict of law principles.