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Privacy Policy

501 Advance Effective Date: June 17, 2026

501 Advance ("501 Advance," "we," "us," or "our") respects your privacy and is committed to protecting the personal and business information you share with us. This Privacy Policy explains how we collect, use, disclose, and safeguard information when you visit www.501advance.com (the "Site"), apply for or receive business funding, or otherwise interact with us.

By using our Site or submitting an application or information to us, you agree to the practices described in this Privacy Policy. If you do not agree, please do not use our Site or services.

1. Who We Are

501 Advance is a direct funder that provides working capital and business funding solutions to small and mid-sized businesses. In connection with our services, we collect and process information about businesses and the individuals who own, manage, or guarantee them.

2. Information We Collect

We may collect the following categories of information:

Business and applicant information. Business legal name, DBA, address, entity type, tax identification number, industry, time in business, and contact details. Owner or principal name, home address, date of birth, Social Security number, ownership percentage, and personal contact information.

Financial information. Bank account information and bank statements, processing statements, revenue and deposit history, outstanding obligations, accounts receivable, and other financial records you provide or authorize us to obtain.

Credit information. Information from consumer and commercial credit reporting agencies, which you authorize us to obtain in order to evaluate an application.

Application and transaction information. The details of any funding request, the products or amounts requested or offered, and the history and status of any funding you receive.

Information collected automatically. When you visit the Site, we may automatically collect your IP address, browser type, device information, pages viewed, referring URLs, and similar usage data through cookies and similar technologies.

3. How We Collect Information

We collect information directly from you when you complete an application, contact us, or communicate with us; from your authorized representatives; from third parties such as credit bureaus, banks, payment processors, and data verification services; and automatically through your use of the Site.

4. How We Use Information

We use the information we collect to:

  • Evaluate, underwrite, and process funding applications;

  • Verify your identity and the information you provide;

  • Provide, service, and collect on funding products;

  • Communicate with you about your application, account, and our services;

  • Market additional products and services that may be of interest to you;

  • Detect and prevent fraud and protect the security of our Site and services;

  • Comply with applicable laws, regulations, and legal process; and

  • Operate, evaluate, and improve our business and the Site.

5. How We Share Information

We do not sell your personal information for money. We may share information as follows:

Funding and capital partners. With other funders, syndicators, lenders, banks, and capital partners in connection with evaluating, participating in, or servicing your funding.

Service providers. With vendors who perform services on our behalf, such as underwriting, credit reporting, payment processing, data verification, technology hosting, analytics, and marketing — under obligations of confidentiality.

Credit reporting agencies. With consumer and commercial credit bureaus as permitted or required.

Legal and compliance. When required by law, regulation, subpoena, or legal process, or to protect the rights, property, or safety of 501 Advance, our customers, or others.

Business transfers. In connection with a merger, acquisition, financing, or sale of all or part of our business.

6. Marketing and Communications Consent

By providing your telephone number(s) and/or email address, you consent to receive calls, text/SMS messages, and emails from 501 Advance and our representatives, including through automatic telephone dialing systems and prerecorded or artificial voice messages, regarding your application, account, and our products and services. Consent is not a condition of obtaining funding. Message and data rates may apply. You may opt out of marketing emails by following the unsubscribe instructions in any email, and you may opt out of text messages by replying STOP. You may continue to receive non-marketing, transactional messages about your account.

7. Cookies and Tracking Technologies

We and our service providers use cookies, web beacons, and similar technologies to operate the Site, remember your preferences, analyze traffic, and support marketing. You can adjust your browser settings to refuse cookies, but some Site features may not function properly as a result.

8. Data Security

We maintain administrative, technical, and physical safeguards designed to protect the information we hold. However, no method of transmission or storage is completely secure, and we cannot guarantee absolute security.

9. Data Retention

We retain information for as long as necessary to fulfill the purposes described in this Policy, to comply with our legal and regulatory obligations, resolve disputes, and enforce our agreements.

10. Your Privacy Rights

Depending on your state of residence, you may have rights to request access to, correction of, or deletion of certain personal information, and to opt out of certain uses. To exercise any available rights, contact us using the information below. We will respond consistent with applicable law and may need to verify your identity before acting on a request.

11. Third-Party Links

The Site may contain links to third-party websites. We are not responsible for the privacy practices or content of those sites. We encourage you to review the privacy policies of any third-party sites you visit.

12. Children's Privacy

Our Site and services are intended for businesses and individuals 18 years of age or older. We do not knowingly collect personal information from children under 18.

13. Changes to This Privacy Policy

We may update this Privacy Policy from time to time. The "Effective Date" above reflects the most recent revision. Your continued use of the Site or our services after changes are posted constitutes your acceptance of the updated Policy.

14. Contact Us

If you have questions about this Privacy Policy or our privacy practices, contact us at:

501 Advance Email: info@501advance.com Phone: (888) 860-6970

This Privacy Policy is provided as a template for informational purposes and does not constitute legal advice. You should have it reviewed by a licensed attorney before publishing, and update the bracketed/placeholder details (such as your registered legal entity name and mailing address) to match your business.

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