Last updated: January 2026 | Fast Advance
Fast Advance ("we," "us," "our") provides Merchant Cash Advances to eligible small businesses in jurisdictions where our services are offered. This Privacy Policy describes how we collect, use, disclose, and protect information you provide when you visit our website (fastadvance.net), submit an application, or engage with our services.
This policy applies to all personal and business information collected in connection with our website and services. By using our website or applying for a Merchant Cash Advance, you consent to the practices described in this Privacy Policy.
Because Fast Advance provides funding to independent workers and small businesses, we're required to confirm that applicants are who they say they are before an advance is funded. When you apply, we ask for information such as your legal name, business address, phone number, and identifying numbers (like an EIN or the last four digits of an SSN), and in some cases a form of government-issued identification. We use this information solely to verify identity, prevent fraud, and meet our obligations under applicable federal recordkeeping and anti–money laundering rules. We will never ask for your online banking password as part of this process.
We collect information you provide directly and certain information collected automatically through your use of our website.
| Category | Specific Data Collected | Source |
|---|---|---|
| Business Information | Legal business name, DBA, entity type, EIN/Tax ID, industry, start date, address, phone, website | Application form |
| Owner / Personal Information | Full name, title, date of birth, home address, cell phone, email, ownership percentage, last 4 digits of SSN | Application form |
| Financial Information | Monthly revenue, bank statements, existing obligations, requested advance amount, use of funds | Application form & document submission |
| Credit Information | Self-reported credit score range; soft credit inquiry from credit bureaus; credit report data | Applicant & credit bureaus |
| Bank Account Information | Business bank account details for ACH remittance setup | MCA agreement process |
| Usage & Technical Data | IP address, browser type, device type, pages visited, time on site, referral source | Automatic collection via cookies |
| Communications | Emails, messages, and any information you send us directly | Direct communications |
We use your information for the following business purposes:
We will not use your personal information to send unsolicited third-party marketing communications without your consent.
Fast Advance does not sell your personal information. We may share your information only in the following limited circumstances:
If you voluntarily opt in to receive SMS communications from Fast Advance, we may send customer care and account-related messages regarding your application or existing account to the mobile phone number you provide. Message frequency varies. Message and data rates may apply. Reply STOP to opt out at any time, or HELP for assistance.
We do not share, sell, rent, or provide your mobile phone number or your SMS opt-in and consent information to third parties or affiliates for marketing or promotional purposes. SMS consent is not shared outside of Fast Advance for any purpose other than providing the Services and as necessary to operate our messaging platform (for example, our SMS delivery provider).
When you submit an application, Fast Advance may conduct a soft credit inquiry on the primary business owner to help evaluate your application. Soft inquiries do not affect your credit score.
We may report account status and relevant account information to commercial credit reporting agencies as permitted by applicable law. If you have questions about how credit inquiries are handled, please contact us.
We implement commercially reasonable technical and organizational security measures designed to protect your information from unauthorized access, disclosure, alteration, or destruction. These measures include:
While we take reasonable precautions, no data transmission over the internet or storage system can be guaranteed to be 100% secure. In the event of a data breach affecting your information, we will notify you as required by applicable law.
We retain your personal and business information for as long as necessary to fulfill the purposes described in this policy, comply with our legal and regulatory obligations, resolve disputes, and enforce our agreements. Retention periods vary depending on the type of information and the nature of your relationship with us.
You may request deletion of your personal information at any time, subject to applicable legal retention requirements. See Section 8 for how to submit such a request.
Depending on your state of residence, you may have specific rights regarding your personal information. Residents of California have rights under the California Consumer Privacy Act (CCPA/CPRA), including:
To exercise any of these rights, submit a verifiable request to apply@fastadvance.net. We will respond within forty-five (45) days as required by law. We may need to verify your identity before processing your request.
Fast Advance complies with applicable federal financial privacy laws. We collect and use your nonpublic personal information solely to evaluate and service your application, manage your account, and fulfill our legal obligations. We do not share your financial information with unaffiliated third parties except as described in Section 4 of this policy or as required or permitted by law.
If you have questions about how we handle your financial information, please contact us using the information in Section 14.
Our website uses cookies and similar technologies to enhance functionality, analyze traffic, and improve your experience. Types of cookies we may use include:
You can control or disable non-essential cookies through your browser settings. Disabling cookies may affect certain features of our website. We do not use cookies to track your activity across unaffiliated third-party websites for advertising purposes.
Our website may contain links to third-party websites or services. Fast Advance is not responsible for the privacy practices, content, or security of those external sites. We encourage you to review the privacy policies of any third-party site before submitting personal information.
Our services are intended solely for business owners and are not directed to individuals under the age of 18. We do not knowingly collect personal information from minors. If we become aware that we have inadvertently received personal information from an individual under 18, we will delete it promptly. If you believe we have such information, please contact us immediately.
We reserve the right to update or modify this Privacy Policy at any time. We will indicate changes by updating the "Last updated" date at the top of this page. For material changes, we may also provide a more prominent notice on our website. Your continued use of our services after any changes are posted constitutes your acceptance of the updated Privacy Policy. We encourage you to review this policy periodically.
For questions, requests, or concerns about this Privacy Policy or our data practices, please contact:
By submitting an application to Fast Advance, you acknowledge that you have read, understood, and agree to this Privacy Policy.