Terms of Service

1. Acceptance of Terms

By accessing and using GetFunded-Open, you accept and agree to be bound by the terms and provision of this agreement. If you do not agree to abide by the above, please do not use this service.

2. Description of Service

GetFunded-Open is a financial technology platform that connects borrowers with potential lenders and investors. We provide:

• Loan marketplace connecting borrowers and lenders
• Credit assessment and risk evaluation tools
• Document management and verification services
• Payment processing and loan management tools
• Communication and messaging platform

3. User Eligibility

To use our services, you must:

• Be at least 18 years of age
• Have the legal capacity to enter into contracts
• Provide accurate and complete information
• Comply with all applicable laws and regulations
• Not be prohibited from using financial services

4. Account Registration

When creating an account, you agree to:

• Provide true, accurate, current, and complete information
• Maintain and update your information to keep it accurate
• Maintain the security of your password and account
• Accept responsibility for all activities under your account
• Notify us immediately of any unauthorized use

5. Borrower Responsibilities

As a borrower, you agree to:

• Provide accurate financial information and documentation
• Use loan proceeds only for stated purposes
• Make timely payments according to loan terms
• Notify lenders of any changes affecting repayment ability
• Not engage in fraudulent or deceptive practices

6. Lender Responsibilities

As a lender, you agree to:

• Comply with all applicable lending laws and regulations
• Conduct your own due diligence on borrowers
• Understand the risks associated with lending
• Honor the terms of any loan agreements
• Treat borrowers fairly and respectfully

7. Platform Fees

We may charge fees for our services, including:

• Origination fees for loan processing
• Service fees for ongoing loan management
• Payment processing fees
• Premium feature access fees

All fees will be clearly disclosed before any transaction.

8. Prohibited Activities

You may not:

• Use the platform for illegal or fraudulent purposes
• Provide false or misleading information
• Attempt to manipulate credit assessments or risk ratings
• Interfere with platform operations or security
• Violate any applicable laws or regulations
• Harass or abuse other users
• Reverse engineer or copy our software

9. Risk Disclosure

10. Intellectual Property

The platform and its content are protected by intellectual property rights. You may not:

• Copy, modify, or distribute our content without permission
• Use our trademarks or logos without authorization
• Create derivative works based on our platform
• Remove or alter copyright notices

11. Privacy and Data Protection

Your privacy is important to us. Our collection and use of personal information is governed by our Privacy Policy, which is incorporated into these terms by reference.

12. Disclaimers

Our platform is provided "as is" without warranties of any kind. We disclaim all warranties, express or implied, including but not limited to:

• Merchantability and fitness for a particular purpose
• Non-infringement of third-party rights
• Uninterrupted or error-free operation
• Accuracy or completeness of information

13. Limitation of Liability

In no event shall we be liable for any indirect, incidental, special, consequential, or punitive damages, including but not limited to loss of profits, data, or business opportunities.

14. Indemnification

You agree to indemnify and hold us harmless from any claims, damages, losses, or expenses arising from your use of the platform or violation of these terms.

15. Termination

We may terminate your account at any time for violation of these terms or for any other reason. Upon termination, your right to use the platform ceases immediately.

16. Governing Law

These terms are governed by the laws of the jurisdiction where our company is incorporated, without regard to conflict of law provisions.

17. Changes to Terms

We reserve the right to modify these terms at any time. We will notify users of material changes by email or platform notification. Continued use constitutes acceptance of modified terms.

18. Contact Information