Privacy Policy

Welcome to Gumption Technologies, Inc. ("Gumption," "we," "our," or "us"). This Privacy Policy outlines how we collect, use, share, and protect your personal information when you use our loan offering services and website. By accessing or using our website and services, you consent to the practices described in this policy.

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Information We Collect

We may collect the following types of information:
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• Personally Identifiable Information (PII): Your full name, email address, and phone number, which you provide during the loan application and registration process, to facilitate account creation and obtain the best possible terms.
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• Deal Flow Data: Information collected during the loan application and deal flow process, such as financial information and property details, to assess your loan eligibility and secure loan offers from commercial real estate lenders.
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How We Collect Information

We collect information through the following methods:

• Loan Application and Registration: When you provide your information to apply for a loan or register for our services on our website.
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• Deal Flow: When you provide additional information as part of our loan application and deal flow process.
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Purpose of Collection

We collect your personal information for the following purposes:

• Account Creation and Loan Processing: To create and manage your account on our platform and facilitate the loan application and processing.
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• Best Possible Terms: To obtain the best available loan terms from commercial real estate lenders based on your financial and property details.
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• Communication: To keep you informed about the status of your loan application and updates related to our services.
  
  

Sharing of Information

We may share your information with the following entities:

• Commercial Real Estate Lenders: To secure loan offers and determine the best available loan terms for you.
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• Third-Party Service Providers: We may engage third-party service providers to assist us in providing our services, subject to their compliance with this privacy policy.
  
  

Data Security

We are committed to safeguarding your personal information and implement industry-standard measures to protect against unauthorized access, use, alteration, or disclosure. These measures include encryption, firewalls, access controls, and regular security assessments.

Use of Cookies and Tracking Technologies

We use cookies and similar tracking technologies to enhance your experience on our website and provide personalized services. Cookies may collect information about your browsing behavior, which helps us improve our services and website functionality.

Minors

Our website and services are intended for use by businesses and individuals who are of legal age to enter into binding contracts. We do not knowingly collect or process data from individuals under the age of 18.

Privacy Concerns

For any privacy concerns or if you wish to have your account deleted, please contact us at legal@gumption.dev.

Data Breach Notification

In the unlikely event of a data breach that compromises your personal information, we will promptly notify you and the appropriate authorities in accordance with applicable data breach notification laws.

Updates to Privacy Policy

Our most recent version of the privacy policy will always be accessible on our website. We may update this policy from time to time, and any significant changes will be communicated to you via email or prominent notice on our website.

International Operations

Currently, we primarily operate within the United States. However, your personal information may be transferred and processed in other countries where our service providers or commercial real estate lenders are located. By using our services, you consent to such transfer and processing.
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For any questions or concerns regarding this privacy policy or our data practices, please contact us at legal@gumption.dev.