Terms of Service
These terms govern use of the LoanPacket platform provided by KNMM PRIVATE LIMITED. By creating an account you agree to them on behalf of yourself and your firm.
The service
LoanPacket provides financial document extraction, spreading, calculation and credit memo assembly software for commercial lending professionals. LoanPacket is not a lender, loan broker or credit decisioning body and does not guarantee loan approval or SBA guaranty authorization.
Your responsibilities
You are responsible for the accuracy of documents you upload, for obtaining borrower authorization, for reviewing every output before submission to a lender, and for compliance with SBA regulations including Form 159 fee disclosure where applicable.
Subscriptions and billing
Plans are billed monthly or annually in advance. Additional deals beyond the included allotment are billed at the tier rate. Pay-per-deal purchases are billed at export. Fees are non-refundable except as required by law.
Data and confidentiality
You retain ownership of your data and borrower documents. We process them only to provide the service and never for model training. Each party will protect the other's confidential information with reasonable care.
Acceptable use
You may not use the service to misrepresent borrower financial information, to alter tax figures, or in any manner that violates applicable law or SBA rules. We may suspend accounts engaged in such use.
Limitation of liability
To the maximum extent permitted by law, LoanPacket's aggregate liability is limited to the fees paid in the twelve months preceding the claim, and neither party is liable for indirect or consequential damages.
Governing law
These terms are governed by the laws of India. Courts at Ahmedabad, Gujarat have exclusive jurisdiction. The service is provided by KNMM PRIVATE LIMITED (CIN U17299GJ2021PTC127262), registered office Shop No 274, New Cloth Market, Opp. Raipur Gate, Ahmedabad, Gujarat, India - 380002.