Versatil Financial’s privacy notice aims to inform you about how your personal information is collected, processed, and safeguarded when you use our website. We prioritize the protection of your data and assure you that it will only be used in accordance with our privacy policy to provide you with different loan options. To comply with any rules and regulations, we may update this policy periodically.
Information We Collect
Versatil Financial has a wide variety of sources from which it collects data. These include email, text messages, social media messaging, transaction documents, sales documents, online forms, registration forms, and surveys.
We only collect personal information if you voluntarily provide it through a website form. This includes your name, mailing address, telephone, email address, and social security number. To provide you with a loan for your business, we also require your business information such as business name, size, type, and financial information, including bank statements, credit card statements, personal and business credit history, tax history, and tax identification number.
How We Use Information
Our company conducts identity verification and due diligence. We process your business application and determine if you qualify for our products. We communicate with you about service solicitation, respond to customer service requests, send marketing communications, and update your account. We also post and review comments on our blog. Additionally, we investigate and take action regarding illegal activities, suspected fraud, situations involving potential threats to physical safety, or violations of our Terms of Use to fulfill our legal obligations.
How We Share the Information With Others
Versatil Financial may disclose and transfer any information that you provide through versatilfinancial.com
to third-party lenders that we partner with, government bodies that require us to report processing activities, and vendors who perform data or site-related services on our behalf (e.g., email, hosting, maintenance, backup, analysis, etc.). Versatil Financial will share your information to establish, exercise, or defend our or a third party’s legal rights, including providing information to others for fraud prevention.
Retention of Personal Information
We prioritize the security of your personal information. We maintain commercially reasonable security measures to protect your data from potential threats. We work hard to maintain these measures and prevent any unauthorized access, loss, misuse, or destruction of your information.
While we take measures to protect your information, no method is completely foolproof. If you share your banking info with us online, it will be read-only and cannot be altered. We retain your personal information for as long as your account is active or as necessary to fulfill the purposes for which we collect it.
Cookies and Third-Party Analytic
On our website, we utilize cookies and other tracking technologies to enhance your experience and recognize returning visitors. Cookies are tiny data files that your web browser stores on your computer, mobile, or other devices. Although most browsers allow you to decline cookies, this may limit access to certain areas of our website.
Credit and Background Check Authorization
I acknowledge and consent to Versatil Financial and their representatives and affiliates potentially reaching out to third parties to conduct background checks and obtain any necessary documentation to assess my eligibility for a credit extension. This may involve scrutinizing my business credit card sales data and making credit report inquiries from credit reporting agencies and other sources. Additionally, I understand that although Versatil Financial may provide products, evaluations, or guidance, they do not guarantee or promise that any of their Banking Partners will approve my credit request.
Children’s Privacy
At Versatil Financial, we take the privacy of our young users very seriously. We understand the importance of protecting personal data, which is why we do not knowingly collect information from those under 13 years old. In the rare event that we do come across any personal data from a minor, we immediately remove it. Please note that only individuals who are 18 years or older are eligible to submit an application with us.
Your Legal Right
As a valued customer of Versatil Financial, it is your right to access your personal data held by us at any time. Any inaccuracies or incompleteness in your personal data should be brought to our attention immediately for correction or update. You have the right to request the removal or deletion of your personal data if there is no compelling reason for us to continue processing it. If you require a copy of your personal data, we will provide it to you without delay. To exercise any of these rights, you must email us at (info@versatilfinancial.com).