This Privacy Statement is made on behalf of www.fastbusinessloan.co and all references to "Fast Business Loan Co", "we", "us", or "our" are references to Fast Business Loan Co or any associated companies, entities, representatives, or agents.
Protecting Your Information Is Important
At Fast Business Loan Co, we understand the importance you attach to information that identifies you, including your personal information. This Privacy Statement explains how and why we collect information when you enquire about funding, and how that information may be used.
What Information We Collect About You
Fast Business Loan Co collects information about you when you submit a finance enquiry or application. This may include personal, business, contact, identification, address, income, trading, property, and funding information needed to review your circumstances and help assess suitable finance options.
By consenting to this Privacy Statement, you authorise us and/or the ultimate lender to undertake credit, identity, reference, and eligibility checks if required as part of assessment. If funding is approved, parts of your application and repayment history may be used to calculate statistics. Your details are not directly associated with those statistics, which are used to help us improve our services and marketing.
We may also use your information to provide offers and information about services we think may interest you. If you do not want to receive this information, contact us and we will remove you from our mailing list.
Do We Give Your Personal Information To Anyone Else?
Fast Business Loan Co does not sell, rent, or trade personal information to or with third parties. We may disclose information to lenders, funders, service providers, brokers, advisers, credit reporting bodies, and other parties involved in assessing, arranging, administering, or collecting finance where reasonably required.
If you default in repayments, your personal and funding information may be passed to a debt collection agency and a default may be listed with a credit reference organisation. We may also be required to disclose information for law enforcement, legal, regulatory, or compliance reasons.
We may send marketing material from time to time to update you on finance products and services. By submitting an enquiry or application, you acknowledge that we may do this as permitted under the Australian Privacy Act.
If you provide information about another person, you confirm that they have authorised you to act for them, that they consent to the processing of their personal information, and that you have informed them of our identity and the purposes for which their information will be processed.
Our Security Procedures
In formulating our business processes, we have incorporated security procedures and practices that we consider consistent with Australian industry practice. We review our security procedures from time to time and update them where relevant. Your personal information is accessible only by us and by people or organisations authorised by us to access it.
Life Of Our Privacy Statement
The information in this policy statement relates to our current privacy standards and applies for the life of the accompanying enquiry, application, and any subsequent funding if approved and accepted.