1. Our Privacy Policy
Paramount Planning, Inc (“Company,” “we,” “us,” or “our”) is a commercial lender providing business financing products to small and mid-sized businesses. We are committed to protecting the privacy and security of the information we collect. This Privacy Policy explains how we collect, use, disclose, and safeguard information in connection with our lending services and website.

By using our services, website, or submitting an application, you agree to the terms of this Privacy Policy.

2. Information We Collect
We may collect the following categories of information:
A. Business Information

• Business name, address, and contact details
• Tax identification number (EIN)
• Business financial statements
• Revenue and transaction history
• Bank account information
• Ownership structure
• Business credit score

B. Personal Information ( on business owners  /guarantors)

• Name, address, phone number, email
• Social Security number
• Date of birth
• Government-issued identification
• Credit history and credit scores
• Personal financial information

C. Website and Technical Information

• IP address
• Browser type and device information
• Website usage data
• Cookies and tracking technologies

3. How We Use Information
We use collected information to:

• Evaluate and process loan applications
• Underwrite, fund, and service loans
• Verify identity and prevent fraud
• Comply with legal and regulatory requirements
• Communicate with applicants and customers
• Improve our services and website functionality

4. Information Sharing and Disclosure
We may share information with:

A. Service Providers
Vendors that assist with underwriting, payment processing, document storage, identity verification, compliance, and IT security.

B. Affilate Partners
Other lending firms and affiliated agencies that we partner with to offer certain services and products. We may share personal and business information for the purpose of underwriting for services and lending programs obtained through other lenders and banks.

C. Credit Reporting Agencies
In connection with evaluating creditworthiness or reporting payment history.

D. Legal and Regulatory Authorities
To comply with applicable laws, court orders, subpoenas, or regulatory requests, including requirements imposed by the New York State Department of Financial Services.

5. Data Security
We maintain administrative, technical, and physical safeguards designed to protect nonpublic personal information, consistent with:

• The Gramm-Leach-Bliley Act
• The New York SHIELD Act
• Applicable DFS cybersecurity regulations

Security measures may include: 

• Encryption of sensitive data
• Access controls and authentication procedures
• Regular risk assessments
• Vendor due diligence
• Incident response planning

6. Data Retention
We retain information for as long as necessary to:

• Fulfill the purposes outlined in this policy
• Comply with legal and regulatory obligations
• Resolve disputes
• Enforce agreements

Retention periods may vary based on loan status and legal requirements.

7. Your Rights and Choices
Depending on applicable law, individuals may have rights to:

• Request access to certain personal information
• Request correction of inaccurate information
• Opt out of certain communications

Requests may be submitted to:
📧 support@paramountplanninginc.com

Identity verification may be required before fulfilling requests.

8. Cookies and Tracking Technologies
Our Site uses cookies in a variety of ways. We may use cookies and similar technologies to enhance user experience and analyze site traffic. We also use cookies for security purposes such as logging off inactive website traffic after a set amount of time. Users may adjust browser settings to refuse cookies; however, some features and services may not function properly. 

9. Data Breach Notification
In the event of unauthorized access to personal information, we will comply with applicable notification requirements under New York law and other relevant jurisdictions.

10. Children's Privacy
Our services are intended for business purposes and not directed to individuals under 18 years of age.

11. Changes to this Privacy Policy
We may update this Privacy Policy periodically. Changes will be posted on our website with a revised effective date.

12. Links
Our website may contain and update links to other websites . We urge site visitors to read the privacy policies on any linked site as they may have policies which differ from ours.