This Privacy Policy applies to www.colonialfinance.com (the “Website”), which is owned and
operated by Colonial Finance (“Colonial Finance”, “Us”, ”We” or “Our”). The Website facilitates
our related services (“Services”). This Privacy Policy describes how Colonial Finance collects
and uses the personal information you provide (directly or through third parties) when you
interact with our website www.colonialfinance.com (“Website”) and our mobile
application.
We respect the privacy rights of our clients and are committed to protecting the information we
collect and receive from you. For purposes of this Privacy Policy, “Personal Information” means
information that personally identifies you, including your contact information, IP address, and
finance application information.
This Privacy Policy does not apply to the collection of information through any other service or
by any other party. Please read this Privacy Policy carefully to understand our policies and
practices regarding your information. This Privacy Policy may change from time to time, so
please check this Privacy Policy periodically for updates.
• What Information We Collect from You
We collect the following information from you:
• Contact information such as name, business name, email address, mailing address, and phone
number
• Business information including company size, and business type
• Financial information such as bank statements, credit card statements, your average bank
balance, personal and business credit history, bank account information, and tax ID number
• Social security number
• IP address
Once you are a Colonial Finance customer, we may reach out to you for, or otherwise obtain,
information if you request for additional Services.
• How We Use The Information We Collect
We use the information we collect to:
• Compile, save, use and analyze your Personal Information in both a personally-identifiable
form and an aggregated, non-personally identifiable form
• Operate, maintain, and provide to you the Services and to conduct our business
• Process your application
• Communicate with you to send order confirmations, respond to customer service requests, and
send marketing communications
• Conduct research and analysis to better understand our customers
• To fulfill any other purpose for which you provide the information
• For any other purpose with your consent
• Privacy and Sharing of Information
Colonial Finance will share your Personal Information with third parties only in the ways that
are described in this Privacy Policy. We may share non-personally identifiable information
without restriction.
We will provide your Personal Information to our trusted business partners, service providers,
and affiliates to provide services to help us with our business activities. These companies are
authorized to use your Personal Information only as necessary to provide these types of services
to us. In addition, we may share your basic information (name, company name, phone number, email
address and requested loan amount) with one or more of our business partners to market their
services to you. However, if you do not want us to share your Personal Information in these
circumstances with these business partners, please contact us to opt out using the contact
information listed below.
Some of our pages may utilize white-labeling techniques to serve content from our partners while
preserving the look and feel of our Website. Please be aware that in these instances you are
providing your Personal Information to these third parties and not to Colonial Finance.
We may also disclose your Personal Information:
• As required by law, such as to comply with any legal process, including in a bankruptcy
proceeding
• When we believe in good faith that disclosure is necessary to protect our rights, protect your
safety or the safety of others, investigate fraud, or respond to a request from a governmental
entity
• If Colonial Finance is involved in a merger, acquisition, or sale of all or substantially all
of its assets or equity, in which case, you will be notified via email and/or a prominent notice
on our Website of any change in ownership or uses of your Personal Information
• To any other third party with your prior consent to do so
• User Access and Choices You Have
If your Personal Information changes, or if you no longer desire our Service, you may correct,
update, amend, delete/remove, ask to have it removed from a testimonial on our Website or
deactivate it by contacting us at the contact information listed below.
We will retain your information for as long as your account is active or as long as reasonably
useful for commercial purposes. We will retain and use your information as necessary to comply
with our legal obligations, resolve disputes, and enforce our agreements.
• Opt-Out Policy
Colonial Finance and our business partners may contact you to offer you products and services
that may be of interest to you. Out of respect for your privacy, you may choose to stop
receiving our newsletter or marketing emails, telephone solicitations or other forms of contact
from Colonial Finance and our trusted business partners by following the unsubscribe
instructions included in these emails by contacting us at the contact information listed
below.
• Tracking Technologies
Colonial Finance and our partners (e.g. our marketing partners), affiliates, or analytics or
service providers, use cookies or similar technologies. These technologies are used in analyzing
trends, administering the Website, tracking users’ movements around the Website and to gather
demographic information about our user base as a whole. We may receive reports based on the use
of these technologies by these companies on an individual as well as aggregated basis.
A cookie is a small text file that is stored on a user’s computer for record-keeping purposes.
We use cookies for user authentication and analytics. Users can control the use of cookies at
the individual browser level. If you reject cookies, you may still use our Website, but your
ability to use some features or areas of our Website may be limited.
• Security of Information
Colonial Finance takes the security of your information very seriously. Your information is
securely sent to Colonial Finance with an SSL encrypted connection between your browser and our
servers. While we use encryption to protect sensitive information transmitted online, we also
protect your information offline. The computers/servers in which we store personally
identifiable information are kept in a secure environment.
• Additional Information
• Links to Third Party Sites
Our Website includes links to other websites whose privacy practices may differ from those of
Colonial Finance. If you submit personal information to any of those sites, your information is
governed by their privacy policies. Please read the privacy policy of any website you visit.
• Testimonials
We display personal testimonials of satisfied customers on our Website in addition to other
endorsements. With your consent, we may post your testimonial along with your name. If you wish
to update or delete your testimonial, you can contact us at the contact information listed
below.
• Changes To This Policy
We may update this Privacy Policy to reflect changes to our information practices. If we make
any material changes we will notify you by email or by means of a notice on this Website prior
to the change becoming effective. We encourage you to periodically review this page for the
latest information on our privacy practices.
If you are contacting us to opt-out of marketing communications, you must include your full name
and business mailing email address. Once we locate your contact information based on the
information you provide us, it will be removed from our databases and mailings lists.
• This Privacy Policy has been updated effective June 27, 2017.