On top of the security features built into the AWS service, one of the most secure cloud computing environments available, which even companies like Netflix use, our application leverages the OpenSSL library to provide AES-256 and AES-128 encryption. That and additionally, with user authentication, access controls, and regular security assessments and updates.
Unlike working with individuals, you may have no idea who they circulate your information to and what they do with it - e.g We have heard of group chats where dozens of lenders' RMs are in, and your enquiry is simply dumped inside regardless of whether a particular lender even serves that loan type or your profile. As a publicly available platform, we have clear guidelines on how we treat your data, which you can find out more by visiting our privacy policy.
Some business lenders lend to companies as young as 6 months old, some 12, and some 36. Some only if the local shareholders hold 50% of the shares, and some 30. Some offer only certain loan types if you are only 12 months incorporated but will require you to be 36 months if your local shareholders hold less than 51%. Now add in other parameters like e.g. below: A broker may find it hard to remember who serves what profile and out of convenience, just send your info to everyone.
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