Terms & Conditions

1. About Approvd

Approvd LLC (“Approvd,” “we,” “us,” or “our”) is a financial technology marketplace, not a bank or direct lender. We operate an online platform that connects small business owners with a network of third-party lenders and funding providers who may offer business financing products. Approvd does not make credit decisions, extend credit, or set loan terms. All credit decisions, rates, fees, and terms are determined solely by participating Lenders.

2. Eligibility

To use our services, you represent and warrant that:

• You are at least 18 years of age
• You are a legal resident or citizen of the United States
• You are authorized to act on behalf of the business entity for which you are seeking financing
• The business is legally organized and operating in the United States
• All information you provide is truthful, accurate, and complete
• You are not using our services for personal, family, or household purposes

3. Our Services

Approvd provides loan matching, application processing, advisory services, and educational content about small business financing.

Important: Submission of an application does not guarantee approval, an offer, or funding. Approvd cannot guarantee that any Lender will offer you financing or that the terms offered will be favorable to you.

4. Application and Credit Inquiries

By submitting an application through Approvd, you authorize Approvd and our Lender partners to obtain consumer and business credit reports in connection with evaluating your application. Initial pre-qualification inquiries may constitute soft credit pulls that do not affect your credit score. Accepting a financing offer may result in a hard credit inquiry that may affect your credit score.

5. Accuracy of Information

You agree to provide accurate, complete, and truthful information in your application. Providing false, misleading, or fraudulent information may constitute loan fraud under federal and state law and may result in criminal prosecution.

6. Fees

Approvd does not charge borrowers any direct fees for submitting an application or using our matching services. Approvd may receive compensation from Lenders when a loan is successfully funded. All fees associated with a specific loan product are set by the Lender and will be disclosed in the loan agreement before you accept any offer.

7. Third-Party Lenders

Our network of Lenders are independent third parties. Approvd does not control Lender decisions, terms, or practices. Once you accept a financing offer and enter into a loan agreement with a Lender, that agreement is solely between you and the Lender. Approvd is not a party to any loan agreement.

8. Intellectual Property

All content on our website is the property of Approvd LLC or its licensors and is protected by copyright, trademark, and other intellectual property laws. You may not reproduce, distribute, modify, or create derivative works from any content on our website without our express written consent.

9. Prohibited Uses

You agree not to submit false or fraudulent information, impersonate another person or entity, apply for financing for personal use, violate any applicable law, interfere with our platform's functionality, or scrape data from our platform without authorization.

10. Disclaimer of Warranties

OUR SERVICES ARE PROVIDED “AS IS” AND “AS AVAILABLE” WITHOUT WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED. WE DO NOT WARRANT THAT OUR SERVICES WILL BE UNINTERRUPTED, ERROR-FREE, OR THAT ANY FINANCING WILL BE AVAILABLE TO YOU.

11. Limitation of Liability

TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, APPROVD SHALL NOT BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES. IN NO EVENT SHALL APPROVD'S TOTAL LIABILITY TO YOU EXCEED THE GREATER OF (A) $100 OR (B) THE AMOUNT OF FEES PAID BY YOU TO APPROVD IN THE 12 MONTHS PRECEDING THE CLAIM.

12. Indemnification

You agree to indemnify, defend, and hold harmless Approvd LLC, its officers, directors, employees, agents, and affiliates from and against any claims, liabilities, damages, losses, and expenses arising out of or related to your use of our services, your violation of these Terms, or any inaccurate information you provide.

13. Privacy

Your use of our services is also governed by our Privacy Policy, which is incorporated into these Terms by reference.

14. Dispute Resolution and Arbitration

PLEASE READ THIS SECTION CAREFULLY. IT AFFECTS YOUR LEGAL RIGHTS.

Any dispute, claim, or controversy arising out of or relating to these Terms or your use of our services shall be resolved through binding arbitration administered by the American Arbitration Association (AAA) under its Commercial Arbitration Rules, rather than in court. The arbitration will be conducted in New York, NY.

Class Action Waiver: You agree that any dispute resolution proceedings will be conducted on an individual basis only. You waive your right to participate in a class action lawsuit or class-wide arbitration.

15. Governing Law

These Terms shall be governed by and construed in accordance with the laws of the State of New York, without regard to its conflict of law provisions.

16. Changes to These Terms

We reserve the right to modify these Terms at any time. We will notify you of material changes by posting the updated Terms on our website and updating the “Last updated” date. Your continued use of our services after changes become effective constitutes your acceptance of the revised Terms.

17. Contact Us

If you have questions about these Terms, please contact us: