Effective Date: June 30, 2023
This Privacy Policy describes how Colab Capital Funding collects, uses, and protects the personal information of individuals who visit our website or use our services related to commercial loans for businesses. We are committed to safeguarding your privacy and ensuring the security of the information you provide to us. By accessing our website or using our services, you consent to the practices described in this Privacy Policy.
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Information We Collect
1.1 Personal Information We may collect personal information that you voluntarily provide to us when you interact with our website or contact us. This may include your name, email address, phone number, business information, financial details, and any other information necessary to provide you with our services.
1.2 Log Data When you visit our website, our servers automatically collect certain information known as log data. This information may include your IP address, browser type, operating system, referring website, pages visited, and the dates and times of your visit. We use this information to analyze trends, administer our website, and gather demographic information for aggregate use.
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Use of Information
2.1 Providing Services We use the information collected to provide you with our commercial loan services, including evaluating your eligibility, processing loan applications, communicating with you, and facilitating loan transactions.
2.2 Communication We may use your personal information to send you important updates, announcements, and other communications related to our services. You may opt out of receiving these communications by following the instructions provided in the communication or by contacting us directly.
2.3 Legal Compliance We may use and disclose your information to comply with applicable laws, regulations, legal processes, or enforceable governmental requests. We may also use and disclose your information to protect our rights, privacy, safety, or property, or that of our users or others.
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Sharing of Information
3.1 Service Providers We may engage trusted third-party service providers to perform certain functions on our behalf, such as processing loan applications, conducting credit checks, and managing customer relationships. These service providers will have access to your personal information only to the extent necessary to perform their functions and are contractually obligated to maintain the confidentiality and security of your information.
3.2 Business Transfers In the event of a merger, acquisition, sale, or other transfer of our assets, your personal information may be transferred to the acquiring entity or third party involved in such transaction. We will notify you via email or prominent notice on our website if such a transfer occurs, and any subsequent use of your personal information will be governed by the Privacy Policy of the acquiring entity or third party.
3.3 Consent We may share your personal information with third parties for purposes other than those described in this Privacy Policy if we obtain your explicit consent.
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Security
We implement reasonable security measures to protect the personal information we collect from unauthorized access, disclosure, alteration, or destruction. However, no method of transmission over the internet or electronic storage is 100% secure, and we cannot guarantee absolute security.
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Links to Third-Party Websites
Our website may contain links to third-party websites that are not operated or controlled by us. We are not responsible for the privacy practices or content of these websites. We encourage you to review the privacy policies of any third-party websites you visit.
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Children’s Privacy
Our website and services are not directed to individuals under the age of 18. We do not knowingly collect personal information from children. If you believe we have inadvertently collected information from a child, please contact us, and we will promptly delete it.
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Changes to this Privacy Policy
We reserve the right to modify or update this Privacy Policy at any time. Any changes will be effective upon posting