Effective Date: Effective as of the date accepted by the user
This Privacy Policy describes how Lendavo (“Lendavo,” “Company,” “we,” “us,” or “our”) collects, uses, processes, and protects information obtained from users of the Lendavo Business Capital & Growth Platform, including the websites lendavo.com and app.lendavo.com (collectively, the “Platform”).
This Privacy Policy applies to information collected through the Platform, related applications, and other services provided by Lendavo.
By accessing or using the Platform, you acknowledge that you have read and understood this Privacy Policy and consent to the practices described herein.
1. INFORMATION WE COLLECT
Lendavo collects several types of information in order to provide and improve the services offered through the Platform.
Information collected may include personal information, business information, financial information, technical information, and other data necessary to evaluate funding readiness and facilitate access to business capital opportunities.
Information we may collect includes, but is not limited to:
Personal Identification Information
Business Information
Financial Information
Credit Information
Such information may be obtained through authorized integrations with credit reporting agencies including:
Documents Uploaded by Users
Users may upload documents through the Platform, including:
Technical and Usage Information
Lendavo may automatically collect technical data regarding how users access and use the Platform, including:
This information helps improve system performance, platform security, and user experience.
2. INFORMATION OBTAINED THROUGH THIRD-PARTY INTEGRATIONS
The Platform may integrate with financial data providers and other third-party systems to obtain information necessary to analyze financial readiness and evaluate potential funding opportunities.
These integrations may include services such as:
Examples of such providers may include:
When users authorize these integrations, Lendavo may receive financial data such as revenue information, account balances, and financial transaction summaries.
Users acknowledge that data obtained from third-party providers is subject to the privacy policies and security practices of those providers.
3. HOW WE USE YOUR INFORMATION
Lendavo uses the information collected through the Platform to provide the services offered through the Lendavo Business Capital & Growth Platform.
Such uses may include:
Information may also be used to improve platform functionality, enhance analytical models, and develop new products or services.
4. PROPRIETARY ANALYTICS AND DATA MODELING
The Platform may use automated systems, algorithms, and artificial intelligence tools to analyze financial data and generate insights regarding funding readiness and financial performance.
These tools may include proprietary scoring models such as:
These analytical models may evaluate various data inputs including business credit information, financial data, revenue metrics, and other business indicators.
Users acknowledge that these analytical insights are provided solely for informational purposes and do not constitute guarantees of financing approval or financial outcomes.
5. SHARING OF INFORMATION
Lendavo may share certain information with third parties when necessary to provide the services offered through the Platform.
Such sharing may include:
Credit Reporting Agencies
Information may be shared with credit reporting agencies to obtain business or consumer credit reports.
Financial Data Providers
Data may be shared with financial data providers and API partners to facilitate integrations authorized by users.
Lenders and Financing Providers
Users may choose to share information with third-party lenders or financing providers through the Platform when seeking potential funding opportunities.
Business Service Providers
Users may choose to engage third-party service providers identified through the Platform, including vendors offering services related to business operations or fundability.
Service Providers
Lendavo may share information with service providers assisting with:
These service providers are contractually required to protect the confidentiality of user information.
6. DATA ANALYTICS AND AGGREGATED DATA
Lendavo may collect and analyze aggregated, anonymized, or de-identified data derived from user activity on the Platform.
Such aggregated data may be used for purposes including:
Aggregated data does not identify individual users.
7. DATA SECURITY
Lendavo implements commercially reasonable security measures designed to protect user data.
Security practices may include:
User data may be stored within secure cloud infrastructure, including systems hosted on Amazon Web Services (AWS) or comparable enterprise hosting environments.
Lendavo may also maintain security practices aligned with SOC2-aligned security standards.
However, users acknowledge that no system can guarantee absolute security.
8. DATA RETENTION
Lendavo may retain user data for as long as necessary to provide services, comply with legal obligations, resolve disputes, enforce agreements, or maintain system security.
Certain information may continue to be retained after an account is closed or terminated where necessary for compliance, auditing, or fraud prevention purposes.
9. USER RIGHTS AND DATA CONTROL
Users may request access to certain personal information maintained by Lendavo and may request corrections to inaccurate information.
Users may also discontinue use of the Platform and close their accounts at any time.
However, certain information may continue to be retained where necessary for legal or operational purposes.
10. CHILDREN'S PRIVACY
The Platform is intended for use by individuals 18 years of age or older.
Lendavo does not knowingly collect personal information from individuals under the age of 18.
11. CHANGES TO THIS PRIVACY POLICY
Lendavo may update this Privacy Policy from time to time to reflect changes in legal requirements, operational practices, or platform functionality.
Updated versions of the Privacy Policy will be made available through the Platform, and continued use of the Platform after such updates constitutes acceptance of the revised policy.
12. CONTACT INFORMATION
If you have questions regarding this Privacy Policy or the handling of your information, you may contact: