At Funds Capital, your privacy is of utmost importance to us. This Privacy Policy outlines how we collect, use, protect, and disclose your personal information when you interact with our website and services. By accessing or using our services, you consent to the practices described in this policy.
1. Information We Collect
a) Personal Information
We collect personal information that you provide directly to us, such as:
- Name, address, email, and phone number.
- Business details, including business name, registration details, and financial information.
- Identification documents (e.g., driving license).
b) Financial Information
To process loan applications, we may collect:
- Bank statements.
- Transaction history.
- Card machine transaction records.
c) Website Usage Information
We use cookies and other tracking technologies to collect data about:
- Your device, browser type, and IP address.
- Pages you visit and actions you take on our website.
2. How We Use Your Information
We use your information to:
- Process and evaluate loan applications.
- Provide, operate, and improve our services.
- Verify your identity and assess your eligibility.
- Communicate with you regarding your application, services, or inquiries.
- Ensure compliance with legal and regulatory obligations.
3. Information Sharing and Disclosure
We may share your information with:
- Third-Party Service Providers: To assist with loan processing, identity verification, or financial analysis.
- Regulatory Authorities: As required by law or in compliance with legal processes.
- Business Partners: When necessary for offering or improving our services.
We do not sell or rent your personal information to third parties for marketing purposes.
4. Data Security
We implement robust security measures to protect your personal and financial information, including:
- Secure servers and encryption technologies.
- Regular system monitoring to prevent unauthorized access.
- Limiting access to personal information to authorized personnel only.
5. Retention of Data
We retain your information for as long as necessary to fulfill the purposes outlined in this policy or as required by law. When no longer needed, your data will be securely deleted or anonymized.
6. Your Rights
You have the right to:
- Access Your Data: Request a copy of the personal information we hold about you.
- Correct Your Data: Update or correct inaccuracies in your information.
- Delete Your Data: Request deletion of your information, subject to legal requirements.
- Withdraw Consent: Opt out of specific uses of your data.
To exercise these rights, contact us at contact@fundscapital.co.uk.
7. Cookies Policy
Our website uses cookies to enhance user experience and analyze website traffic. You can manage your cookie preferences through your browser settings.
8. Third-Party Links
Our website may contain links to third-party websites. Funds Capital is not responsible for the privacy practices or content of these external sites. We encourage you to review their privacy policies.
9. Updates to Privacy Policy
Funds Capital reserves the right to modify this Privacy Policy at any time. Changes will be posted on this page, and the “Last Updated” date will be revised accordingly.
1. Eligibility Criteria
To qualify for a Starter Loan with Funds Capital, applicants must meet the following conditions:
- Own and operate a physical business in the United Kingdom.
- Be at least 18 years old.
- Hold a valid UK driving license.
- Have an active business bank account with at least three months of bank statements.
2. Card Machine Requirement
- Applicants are required to use the card machine provided by Funds Capital as part of the loan process.
- The card machine must be actively used for at least three weeks for daily business transactions.
- Consistent use of the card machine during this period is necessary to verify transaction history and ensure eligibility for loan disbursement.
3. Loan Amount and Disbursement
- The loan amount will be calculated based on the card machine’s recorded transactions over the three-week usage period.
- After the successful completion of the three-week usage and review, the approved loan amount will be transferred directly to the applicant’s registered business bank account.
4. Loan Utilization
Funds obtained from the Starter Loan must be used solely for legitimate business-related purposes, including but not limited to:
- Purchasing inventory.
- Covering operational costs.
- Expanding business operations.
5. Repayment Terms
- Repayment terms, including the repayment schedule and applicable interest rates, will be detailed in the loan agreement provided upon approval.
- Failure to adhere to the repayment schedule may result in additional fees, penalties, or legal action.
6. Termination and Breach
Funds Capital reserves the right to terminate the loan agreement or modify the terms in cases where:
- The borrower fails to comply with the usage requirements of the provided card machine.
- There is a breach of any terms and conditions outlined in this agreement or the loan agreement.
7. Privacy and Data Protection
We are committed to protecting your privacy. Any personal or business information collected during the application process will be handled in accordance with our Privacy Policy.
8. Changes to Terms
Funds Capital reserves the right to amend these Terms and Conditions at any time. It is your responsibility to review these terms periodically for updates. Continued use of the website and services constitutes acceptance of any changes.
