Terms of Use

1. Acceptance of Terms

By accessing or using BankLiterate.com ("the Site"), you agree to be bound by these Terms of Use. If you do not agree to these terms, please do not use the Site. We reserve the right to modify these terms at any time. Continued use of the Site following any changes constitutes your acceptance of the revised terms.

2. Nature of the Site — Educational Only

BankLiterate.com is a commercial lending education website. All content, tools, calculators, articles, guides, and other materials on the Site are provided for general educational and informational purposes only. Specifically:

• BankLiterate.com is not a lender and does not make, arrange, or broker loans of any kind.
• BankLiterate.com is not a financial advisor and does not provide personalized financial, investment, tax, or legal advice.
• BankLiterate.com is not a credit counseling agency and does not provide credit counseling services as defined by applicable law.
• No content on this Site constitutes a credit application, pre-qualification, pre-approval, or credit decision of any kind.
• No content on this Site constitutes a commitment by any lender to provide credit on any terms.

The tools and calculators on the Site produce estimates based on inputs you provide. These estimates are for educational illustration only and may not reflect how any specific lender calculates ratios, values collateral, or makes credit decisions. Actual lender standards vary significantly by institution, loan type, market conditions, and individual circumstances.

3. No Discouragement of Credit Applications

Nothing on this Site is intended to, or should be construed to, discourage any person from applying for credit. The information provided — including ratio benchmarks, threshold examples, and educational content about lending standards — is provided to help users understand the lending process, not to suggest that any individual will or may or may not qualify for any specific credit product based on their individual circumstances and the lender's criteria.

Every person has the right to apply for credit from any lender. Lenders make individual credit decisions based on their own standards, and those standards vary. A person who may not qualify at one institution may qualify at another. We encourage all users to consult directly with lenders, credit counselors, or financial advisors for guidance specific to their situation.

4. No Attorney-Client, Financial Advisory, or Lender Relationship

Your use of the Site does not create an attorney-client relationship, financial advisory relationship, lender-borrower relationship, or any other professional relationship between you and BankLiterate.com or its operators. We do not receive information about your specific financial situation sufficient to provide personalized advice, and we are not licensed to do so.

5. Accuracy of Information

We make reasonable efforts to ensure that the educational content on the Site is accurate and up-to-date. However, lending standards, interest rates, regulatory requirements, SBA program details, and other financial information change frequently. We do not warrant the accuracy, completeness, or timeliness of any information on the Site.

Always verify current information with qualified professionals — including licensed lenders, CPAs, attorneys, and SBA-approved lenders — before making any financial decisions. The Site is not a substitute for professional advice.

6. Third-Party Links and Lender References

The Site may reference or link to third-party websites, lenders, programs, or organizations for informational purposes. These references do not constitute endorsements, recommendations, or partnerships. BankLiterate.com does not receive compensation for mentioning any specific lender, program, or institution unless explicitly disclosed as a paid partnership or affiliate arrangement.

We are not affiliated with the Small Business Administration (SBA), the Consumer Financial Protection Bureau (CFPB), or any government agency. SBA program information on this Site is provided for general educational purposes and may not reflect current program requirements. Always verify current SBA program details at sba.gov.

7. Intellectual Property

All original content on BankLiterate.com — including articles, tools, designs, logos, and educational materials — is owned by BankLiterate and protected by applicable copyright and intellectual property laws. You may share links to the Site and quote brief excerpts for non-commercial educational purposes with attribution. You may not reproduce, republish, or commercially exploit Site content without written permission.

8. Tools and Calculators — Limitations

The financial calculators and tools on the Site (including the Ratio Snapshot, Amortization Calculator, Personal Financial Statement Generator, Borrowing Base Certificate, and Construction Loan Analyzer) are provided for educational illustration only. Results produced by these tools:

• Are based solely on the inputs you provide and may not be accurate if inputs are incorrect or incomplete
• Do not reflect any specific lender's underwriting standards, which vary by institution
• Do not constitute a credit decision, pre-qualification, or loan offer
• Should not be relied upon as the basis for any financial decision without independent professional verification
• Are not stored or transmitted — all calculations occur in your browser

9. Privacy and Data

Our collection and use of any personal information is governed by our Privacy Policy, which is incorporated into these Terms by reference. The tools and calculators on this Site operate entirely in your browser — information you enter into tools is not transmitted to us or stored on our servers.

10. Disclaimer of Warranties

THE SITE AND ALL CONTENT ARE PROVIDED "AS IS" WITHOUT WARRANTY OF ANY KIND, EXPRESS OR IMPLIED. TO THE FULLEST EXTENT PERMITTED BY LAW, BANKLITERATE.COM DISCLAIMS ALL WARRANTIES, INCLUDING BUT NOT LIMITED TO WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, AND NON-INFRINGEMENT.

11. Limitation of Liability

TO THE FULLEST EXTENT PERMITTED BY LAW, BANKLITERATE.COM AND ITS OPERATORS SHALL NOT BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES ARISING FROM YOUR USE OF THE SITE OR RELIANCE ON ANY CONTENT, TOOLS, OR INFORMATION PROVIDED HEREIN. IN NO EVENT SHALL OUR TOTAL LIABILITY EXCEED THE AMOUNT YOU PAID FOR ACCESS TO THE SITE, IF ANY.

12. Governing Law

These Terms are governed by the laws of the State of Colorado, without regard to conflict of law principles. Any disputes arising from use of the Site shall be resolved in the courts of El Paso County, Colorado.

13. Changes to These Terms

We may update these Terms of Use at any time. The "Last Updated" date at the top of this page indicates when the most recent changes were made. Your continued use of the Site after any changes constitutes your acceptance of the updated Terms.

14. Contact