Why We Ask For Some Personal Information
Before any information is obtained, you will receive full disclosure as to why we are requesting certain information. The info we collect is solely for the purposes stated. Your private information will only be stored for the length of time we consider necessary to provide you with the service requested.
It remains your responsibility to ensure that all information you provide to Biz Loans Direct is accurate and current.
How Your Information Is Used – Your Privacy Rights
Security measures are in place to protect your identity and private information from unauthorized access. We may authorize release of information in one or more of the following situations:
• Biz Loans Direct receives a formal request from the government or any regulatory agency, court order, or legal process.
• Biz Loans Direct becomes aware of a need to protect our rights, property, or safety.
• Biz Loans Direct determines it necessary to exchange information in order to reduce credit risk or protect from fraud.
• Biz Loans Direct reserves the right to keep email to send future newsletters. You would be able to remove yourself from the emailing.
• Terms and conditions are violated, or when collection is initiated.
The secure transmission of information online can never be guaranteed one hundred percent. Submitting information to Biz Loans Direct is done at your own risk. However we will protect your personal information against loss and theft, copying, modification, unauthorized access, and disclosure to the best of our ability. Biz Loans Direct is not liable for any loss, damage, or claim arising from a compromised account.
This website is intended for adults over the age of 18. If we become aware that anyone under the age of 18 has accessed our page and entered personal information to our database, said information will be deleted immediately from our servers.
Sharing of Information
We do not sell our clients’ information to other parties without people’s consent. However, we do share information when conducting business or servicing our consumers as long as the third parties keep this information confidential. To comply with the law or enforce our site’s policies, we may need to share information. Non-personal information that helps with marketing and advertising, among other uses, may be shared. We also reserve the right to offer cross services to your business, which may help you grow. Furthermore, should you decline to work with our company, we may ask one of our partners to reach out to discuss additional funding options, which could be suitable for your business.
Due to the nature of what is a Merchant Cash Advance (MCA) our factor rates may vary between 10%-42% per funding advance, based on your application, sales volumes, payment history and business type. Deals funded may last between 60 to 180 days. In addition, rates may vary based on your daily collections, sales trends and seasonality. A weekly collection may be available based on a lock box. This is not a traditional loan, the terms are different and meant to help you pay back based on your future sales. Any additional questions, please email us.