We understand that your company and personal data are highly confidential, and protecting your information is our top priority.
For pre-approved loan offers, finmid analyzes only aggregated, anonymized transaction metrics—such as overall transaction volumes—that cannot be tied to your business. These general data points allow finmid to produce a preliminary credit estimate without accessing any specific account details. Your actual account remains private. During the loan application (i.e. after you’ve accepted the pre-approved offer) you’ll need to agree to finmid’s terms and conditions and also give your consent so that we can share certain personal data with finmid. You’ll find both documents, the terms and conditions and the list of personal data that can potentially be shared with our partner, available at this point.
In case you request a higher limit, to properly assess your business and provide the maximum offer, you will be asked to upload documentation related solely to your business activities. German customers will have the option to use open banking connections.
All information provided is used by Finmid exclusively for credit assessment and loan processing.
For more details, you can review: