SnapCap.com Privacy Policy - Snapcap Small Business Loans | Snapcap

Privacy Policy

To the extent that you affirmatively provide personally identifiable information to SnapCap (e.g., in an email to Customer Service), SnapCap will not sell, trade, or rent your personal information to third parties. In order to provide you with the most relevant credit oriented offers that SnapCap has access to, SnapCap logs the Internet Protocol (IP) address that is automatically assigned to the computer you use to visit our website. SnapCap does not make any connections between such IP address and any private or personally identifiable information. SnapCap may use IP addresses to compile and provide aggregate statistics about our visitor’s traffic patterns in order to administer and improve the services provided by SnapCap.

SnapCap may utilize cookies to enable you to save form data for enhanced usability of the website. However, SnapCap does not utilize cookies on our website to obtain any personally identifiable information about our users. SnapCap cannot represent the same for external or third party websites or our lending partners. Please review such third parties respective privacy policies to determine whether they utilize cookies.

SnapCap reserves the right to change its privacy policy and statement in the future to comply with applicable laws or otherwise. Any changes will be posted on this webpage.

SnapCap uses one or more companies to place advertisements for our products and services and those of third parties on our Site and third party sites. Cookies and other technologies such as Web beacons or tags are used to measure the effectiveness of our ads and to determine the display of content and advertising to you based on your interests both on our site , as well as on third-party sites where you may visit. To support this interest-based advertising solution, we and companies who we have contracted with, may use anonymous information about your visits to our and other third party websites. The information collected and used by this process is always anonymous, and does not enable any third-party to identify you individually.

All comments, deliberations, ideas, theories, know-how, methods, graphics, or other submissions communicated to the Company through the Site (collectively, "Submissions") will be considered and remain the Company’s possession, and the Company is permitted to use any Submission for any purpose not prohibited by applicable law, without restriction and without compensation to the submitting party. The Company shall not be subject to any obligations of confidentiality regarding Submissions except as granted by the Company or as required by law. Before using the Site, you should review the Company’s Privacy Policy.

SnapCap generally uses personal information for the following purposes:

  • to verify your identity in connection with our new applications;
  • to facilitate the transactional process between our lending partner and our users;
  • determine if you are a registered business, determine your credit grade, determine suggested interest rate, and maximum loan amount;
  • to prevent fraud, identity theft or illegal activities.
  • to maintain our business records for reasonable periods, and to generally manage and administer our business, and;
  • to meet legal, regulatory, insurance, audit, processing and security requirements imposed on us, which may include establishing and verifying your identity and checking your identity against money laundering, terrorist financing or similar watch lists established by regulatory agencies or similar bodies in the United States.

SnapCap may disclose your personal information to our “lending partners” for loan evaluation, origination, internal audit, management, billing or administrative purposes. In addition, we may disclose your personal information to outside agents; representatives and service providers that perform services on our behalf, such as credit reporting agencies, banks and collection agencies; or, otherwise to collect, use, disclose, store or process personal information on our behalf for the purposes described in this Privacy Policy. We take reasonable steps to ensure that personal information we disclose to outside agents, representatives and service providers is protected and not used or further disclosed for purposes other than as directed by us or as required by applicable law. We may disclose your personal information as necessary to meet applicable legal, regulatory, industry self-regulatory, insurance, audit, and security requirements and obligations, including as required by our outside agents, representatives and service providers. Information provided by the “user” may be used and disclosed to our lending partner in connection with certain business transactions, including without limitation, in connection with a proposed or actual financing. In that case, personal information may be disclosed to a lending partner for the purpose of, among others, evaluating and consummating the proposed transaction, or fulfilling reporting, due diligence, inspection, or audit requirements or obligations to those parties. Assignees or successors of Snap Capital LLC or any part of our business or assets may use and disclose your personal information for similar purposes as those described in this Privacy Policy.

SnapCap uses Plaid Technologies, Inc. (“Plaid”) to gather End User’s data from financial institutions. By using our service, you grant SnapCap and Plaid the right, power, and authority to act on your behalf to access and transmit your personal and financial information from the relevant financial institution. You agree to your personal and financial information being transferred, stored and processed by Plaid in accordance with the Plaid Privacy Policy. See Plaid Privacy Policy for more details.

Although it is our hope that you find the display of advertising to you based on your anonymous interests valuable, if you would prefer not to participate in the services offered through these solutions, you can always opt-out of this activity by visiting the Network Advertising Initiative (NAI) website by clicking http://www.networkadvertising.org/choices/#completed. We encourage you to take adequate precautions to protect your personally identifiable information, both on and off the Internet. To learn more, visit Onguard Online from the U.S. government.

This privacy statement applies solely to information presented and obtained at SnapCap. You can also visit our privacy policy as certified from Truste. If you have any questions or concerns about our privacy policy, please contact us using our Contact Us