Privacy Policy

Updated June 7, 2018

Please read this Privacy Policy carefully to understand our policies and practices regarding your information. This Privacy Policy describes how Lendr collects and uses the personal Information you provide (directly or through third parties). This policy may change from time to time, so please check this Privacy Policy periodically for updates.

How We Collect Information

Lendr is committed to providing the highest level of security and privacy regarding the collection and use of our merchant clients’ personal information, as well as that of all visitors to our web site. Personal information may be collected through our website, bank statements, bankcard/credit card statements, credit reports, account applications, online banking transaction’s, emails, online ads, blogs, social media outlets, third party websites, other marketing channels, including but not limited to, our call center and direct mail campaigns. This Privacy Policy does not apply to the collection of information through any other service or by any other party. All Internet websites have the ability to collect information about you. We encourage you to read the privacy policies of every website you visit. Lendr does not knowingly collect information from anyone under the age of 13.

How We Use Information We Collect

Lendr (including our servicers and affiliates) uses the information collected or received, sometimes combined with information from other sources to advertise and market our funding partners’ products and services; to conduct research and analysis to prevent fraud and to better understand our customers and website visitors; to engage in merchant support services, to fulfill any other purpose for which you provide the information; or for any other purpose with your consent. Lendr may share your information with law enforcement or other government agencies as required by law such as to comply with a subpoena, bankruptcy proceedings, or similar legal process or for the purposes of limiting fraud. Lendr reserves the right to disclose your personal information when it believes that disclosure is necessary to protect our rights and/or to comply with a judicial proceeding, court order, or legal process served on our website.

Privacy and Sharing of Information

Lendr will share your personal Information with third parties only in the ways that are described in this Privacy Policy and as required by law. We do not sell your personal Information to third parties. We will provide your personal information to our trusted business partners, service providers and subsidiaries and affiliates to provide services to help us with our business activities, such as offering customer service, processing credit checks or secure data storage, and other similar services. These companies are authorized to use your personal Information only as necessary to provide these types of services to us. In addition, we may share your basic information (name, company name, phone number, email address and requested advance amount) with one of our business partners to market their services to you. Unfortunately, the transmission of information via the Internet or other means of communication is not completely secure. Although we do our best to protect your information, we cannot guarantee the security of your information transmitted to our website or through other means of communication. Any transmission of information is at your own risk. We are not responsible for circumvention of any privacy settings or security measures contained on any of our systems, including, but not limited to, our website. If Lendr is involved in a merger, acquisition, or sale of all or a portion of its assets, you will be notified via email and/or a prominent notice on our website of any change in ownership or uses of your personal information, as well as any choices you may have regarding your personal information.

Anti-money Laundering Compliance Notice

Accordingly, it is the policy of Lendr to take all reasonable and appropriate steps to prevent persons engaged in money laundering, fraud, or other financial crime, including the financing of terrorists or terrorist operations. To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We will also require your driver’s license or government issued identification.

Disclosure of Privacy Policies

If you have questions about this Privacy Policy, call 516.492.3065 or email us at info@lendr.online. If you do not receive timely acknowledgement of your complaint, or if your complaint is not satisfactorily addressed, you can also submit your complaint to Privacy Trust, an independent third party. Visit https://www.privacytrust.com/drs/lendr to file a complaint.