Nelo Capital LLC
Last Updated: 01/08/2025
These Terms & Conditions (“Terms”) govern your use of the website operated by Nelo Capital LLC (“Nelo,” “we,” “us,” or “our”), as well as your interactions with our services, applications, forms, communications, and funding programs. By accessing our website or submitting information to us, you agree to these Terms.
If you do not agree to these Terms, do not use our website or submit information.
1. Use of Our Website and Services
You may use our website only for lawful purposes and in accordance with these Terms.
You agree not to:
Use the website for fraudulent or misleading purposes
Interfere with the website’s security or functionality
Attempt to access unauthorized areas or data
Upload or transmit harmful software or malicious code
We reserve the right to suspend or terminate access to anyone who violates these Terms.
2. No Guarantee of Approval
Submitting an application, inquiry, or financial information does not guarantee approval or obligate Nelo Capital LLC to provide funding.
All approvals are subject to:
Underwriting guidelines
Verification
Bank and revenue review
Fraud checks
Program availability
Compliance requirements
Nelo Capital LLC reserves the right to decline applications for any reason permitted by law.
3. Consent to Contact (Phone, SMS, & Email Communication)
By providing your phone number, email, or other contact information, you consent to be contacted by Nelo Capital LLC using:
Phone calls
SMS/text messages
Servicing, verification, and collections communication tools
These communications may include:
Application updates
Requests for documents
Verification inquiries
Funding-related notices
Collections and servicing messages if your account becomes past due
Message and data rates may apply.
You may opt out of communications by replying STOP.
4. Authorization for Verification and Background Checks
By submitting any application or form, you authorize Nelo Capital LLC, its partners, and its service providers to:
Verify your identity and business information
Pull reports from commercial credit bureaus
Review public records, including UCC filings
Contact financial institutions for verification
Obtain bank statements electronically
Use third-party data providers to confirm business activity
Verify ownership, revenue, and deposit activity
You also represent that all information provided is accurate and complete.
5. Collections, Servicing, and Skip-Tracing Authorization
If your business receives funding from Nelo or one of its partners and subsequently becomes delinquent or enters default, you authorize Nelo Capital LLC to:
Contact you regarding outstanding balances
Access public records to verify updated information
Use skip-tracing platforms to obtain updated addresses, phone numbers, or emails
Share necessary information with licensed third-party servicers or licensed collection agencies
Pursue legal remedies as permitted by applicable law
These actions are taken solely to service or collect on a legitimate financing obligation.
6. Third-Party Partners and Service Providers
Nelo may work with third-party partners to provide verification, data processing, servicing, and collections.
By using our services, you acknowledge and authorize the involvement of these partners where necessary.
Nelo does not sell personal information to unrelated third parties.
7. Intellectual Property Rights
All content on this website—including logos, text, graphics, design elements, and software—is the property of Nelo Capital LLC or its licensors.
You may not:
Copy, reproduce, or distribute site content
Use our name, trademarks, or branding without permission
Reverse engineer or replicate any part of the platform
Unauthorized use may result in legal action.
8. Website Disclaimer
Nelo Capital LLC makes no warranties or guarantees regarding:
The accuracy or completeness of website content
The availability or reliability of the website
Potential interruptions, errors, or technical issues
All information is provided “as is” and “as available.”
You use the website at your own risk.
9. Limitation of Liability
To the fullest extent permitted by law, Nelo Capital LLC is not liable for:
Damages resulting from reliance on website information
Losses related to delays, errors, or system failures
Indirect, incidental, or consequential damages
Loss of data, revenue, or profits
Nelo’s total liability for any claim shall not exceed the amount paid by you (if any) to use our services.
10. Indemnification
You agree to indemnify and hold harmless Nelo Capital LLC from any claims, damages, liabilities, losses, or expenses arising from:
Your use of the website
Any inaccurate information you submit
Violations of these Terms
Breaches of law or regulation related to your actions
11. Third-Party Links
Our website may include links to third-party websites.
Nelo Capital LLC is not responsible for the content, security, or privacy practices of any external site.
Accessing third-party links is done at your own risk.
12. Governing Law
These Terms and any disputes arising out of your use of our services shall be governed by the laws of the State of New York, without regard to conflict-of-law principles.
Any legal claims must be filed in a court of competent jurisdiction in New York State.
13. Changes to These Terms
Nelo Capital LLC may update or modify these Terms at any time.
Revisions take effect immediately upon posting to the website, with an updated “Last Updated” date.
Continued use of the website constitutes acceptance of the revised Terms.
14. Contact Information
For questions about these Terms & Conditions, contact:
Nelo Capital LLC
418 BROADWAY, STE R
ALBANY, NY 12207
UNITED STATES
Email: [email protected]
Phone: (866) 784-3522