Terms of Use

By creating an account, submitting an application or using the RECO Capital portal (the "Service") you agree to these Terms and to our Privacy Policy. If you use the Service for a business entity you represent that you are authorized to bind it.

RECO Capital is a private lender, not a bank. The Service lets you request financing, upload documents, connect data sources, sign documents electronically and manage a loan we service.

No commitment to lend. Rate estimates, fit checks and term sheets are indications only. A loan exists only when definitive loan documents are signed and funds are disbursed. Final terms depend on underwriting, valuation, title and due diligence.

• You certify that everything you submit is true, complete and current, and you will tell us promptly if it changes. Knowingly providing false information to obtain a loan may be a crime.
• You authorize us and our service providers to verify your identity, obtain consumer and business credit reports, background reports, bank account data (through Plaid) and property information, and to re-verify during the life of the loan where permitted by law.
• You consent to receive disclosures, notices and statements electronically and to sign documents electronically under the E-SIGN Act. You may request paper copies at no charge or withdraw this consent by contacting us; withdrawal may delay or prevent closing.

Keep your credentials confidential and enable multi-factor authentication when offered. You are responsible for activity under your account. Tell us immediately at (800) 555-7326 if you suspect unauthorized access. We may suspend accounts to protect you or the Service.

If you enroll in autopay you authorize us to debit the designated account for the scheduled amount on the due date (or next business day). You may cancel autopay at least 3 business days before a scheduled debit. Returned payments may incur the fee stated in your loan documents and permitted by law. Your loan documents control if they conflict with these Terms.

Do not misuse the Service: no unauthorized access, scraping, interference, uploading of malicious files, or use for any unlawful purpose. We may remove content and terminate access for violations.

The Service, its software, content and marks belong to RECO Capital or its licensors. You keep ownership of documents you upload and grant us a license to use them to provide the Service. Suggestions you give us may be used without obligation.

Plaid, Stripe, Middesk, Checkr, e-signature and other providers are governed by their own terms and privacy notices, which you accept when you use them through the Service. We are not responsible for their availability or acts.

THE SERVICE IS PROVIDED "AS IS" WITHOUT WARRANTIES OF ANY KIND TO THE EXTENT PERMITTED BY LAW. RECO CAPITAL IS NOT LIABLE FOR INDIRECT, INCIDENTAL, SPECIAL OR CONSEQUENTIAL DAMAGES ARISING FROM USE OF THE SERVICE. NOTHING IN THESE TERMS LIMITS RIGHTS YOU HAVE UNDER CONSUMER PROTECTION, FAIR-LENDING OR OTHER LAWS THAT CANNOT BE WAIVED.

Tell us first: privacy@recocapital.com or (800) 555-7326. We acknowledge complaints within 2 business days and respond within 15. You may also contact your state's financial regulator or the Consumer Financial Protection Bureau. These Terms are governed by the laws of the state named in your loan documents or, before a loan, the State of Kansas, without regard to conflict-of-law rules.

We may update these Terms; the effective date will change and material changes will be e-mailed to account holders. Continued use after the effective date is acceptance.