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Data Security & Legal Compliance

At Fundedd, safeguarding your data and ensuring legal transparency are our top priorities. We follow stringent data protection measures and clearly outline our legal commitments to foster trust and maintain compliance.

Legal Disclaimers

In our commitment to transparency and compliance, we provide clear legal disclaimers regarding our services:

  • Factoring Agreement Terms: Our agreements clearly outline terms, conditions, and fees, ensuring all parties are fully informed and in compliance with applicable laws and regulations.
  • Default and Recourse Provisions: In the event of default, our agreements specify the rights and remedies available, including the potential for foreclosure and sale of assets to satisfy obligations.
  • Confidentiality Clauses: We include strict confidentiality clauses in our contracts to protect your business information, ensuring it is not disclosed to unauthorized third parties.

Regulatory Compliance

Fundedd stays abreast of evolving regulations to ensure full compliance:

  • Disclosure Requirements: We adhere to state-specific regulations, providing detailed disclosures about terms, fees, and potential financing risks to protect your interests.
  • Data Protection Laws: Our data handling practices comply with relevant data protection laws, ensuring your information is processed lawfully and transparently.

Data Security Practices

We implement industry-standard measures to ensure the confidentiality and integrity of your information:

  • Encryption Protocols: All sensitive data is encrypted during transmission and storage using advanced encryption standards to prevent unauthorized access.
  • Access Control: We enforce strict role-based access controls (RBAC), ensuring only authorized personnel can access confidential client data.
  • Regular Security Audits: We conduct periodic internal and external audits to identify vulnerabilities and strengthen our security infrastructure.
  • Data Retention Policy: We store and retain your data only as long as necessary to provide our services, in compliance with applicable laws.

Privacy Policy

Our Privacy Policy outlines how we collect, use, and protect your personal and business information. Key aspects include:

  • Data Collection: We collect necessary information, including business records, invoices, and client data, solely for providing our funding services.
  • Usage Limitation: Your data is used exclusively for operational purposes—such as underwriting, credit evaluation, and improving service delivery.
  • Third-Party Sharing: We do not sell or share your data with third parties without consent, except as required by law or to facilitate funding.
  • Client Rights: You maintain the right to access, correct, or request the deletion of your data in compliance with privacy laws.

Terms & Conditions

Our Terms & Conditions provide a clear framework for our business relationship, ensuring transparency and legal clarity:

  • Service Scope: Defines the scope of our funding services, including invoice factoring, disbursement timelines, and operational terms.
  • Liability Limitations: Clarifies our responsibilities and limits liability for losses beyond our reasonable control.
  • Payment Obligations: Specifies payment terms, including advance rates, discount fees, and repayment processes.
  • Dispute Resolution: Outlines procedures for resolving any disputes arising from our business relationship, including arbitration guidelines.

Compliance with Legal Standards

We adhere to all relevant legal and regulatory frameworks to protect your business interests:

  • Factoring Compliance: We operate under established factoring laws, ensuring full disclosure of rates, fees, and contract terms.
  • Confidentiality Clauses: Our agreements contain strict confidentiality provisions to protect your business data and proprietary information.
  • Jurisdiction & Governing Law: All agreements are governed by applicable federal and state laws, ensuring compliance with legal frameworks.

Commitment to Transparency

We believe in fostering trust through open communication:

  • Clear Communication: Our team is dedicated to providing clear and concise information about our services, terms, and any associated risks, enabling you to make informed decisions.
  • Ongoing Support: We offer continuous support to address any questions or concerns regarding our data security practices and legal terms.

By choosing Fundedd, you are partnering with a company that places the utmost importance on the security, legality, and transparency of our financial services.

For more details, contact us to discuss our commitment to security and transparency.