Lender NDA & Acknowledgement
First published on March 19, 2026
Welcome to the Bankable Network!
Our goal is to give Alberta’s scaleups the capital, clarity, and connections they need to become unstoppable. To make that possible, we work with a curated network of top-tier commercial lenders to match our clients with the right credit facilities.
This Lender NDA, Referral & Network Participation Acknowledgement (“Agreement”) governs the relationship between:
Bankable Ventures Alberta Ltd. (“Bankable”)
and
the lender representative and/or institution (“Lender”).
It is accepted electronically as part of Bankable’s lender onboarding process. By selecting “I Agree” or completing Bankable’s lender onboarding process, you agree to be legally bound by the terms below.
It outlines the commitments we make to you, how we protect your proprietary lending criteria, and what we ask of you in return regarding our clients’ highly sensitive financial data.
1. Purpose of Engagement
Bankable operates a commercial finance and advisory platform that connects qualified borrowers with appropriate lenders.
By accepting this Agreement, the Lender confirms its interest in receiving financing opportunities from Bankable for the purpose of evaluating and potentially providing credit facilities.
All information shared by Bankable is provided strictly for commercial loan evaluation and related internal credit processes.
2. Confidentiality of Borrower Information
The Lender agrees that all borrower information received from Bankable is confidential and will be used solely for the purpose of evaluating a potential financing opportunity.
This includes, but is not limited to:
- financial statements
- corporate and ownership information
- loan requests and capital requirements
- projections and business plans
- supporting documentation
The Lender agrees not to disclose borrower information outside of its organization except where required for legitimate internal review.
3. Internal Chain of Custody
The Lender may share borrower information internally only with individuals directly involved in evaluating the opportunity, including:
- credit adjudicators
- risk management personnel
- compliance teams
- senior management for decisioning
The Lender agrees that borrower information will remain within a controlled internal chain of custody and will not be:
- circulated unnecessarily
- shared with unrelated teams or individuals
- disclosed externally
Where reassignment is required due to vacation, illness, or workload, the Lender agrees that:
- reassignment is limited to what is necessary
- the Bankable broker is informed or aware
- the receiving party is bound by the same confidentiality obligations
4. Non-Circumvention
The Lender acknowledges that Bankable is the originating intermediary for all borrower introductions.
The Lender agrees that it will not:
- directly solicit or transact with borrowers introduced by Bankable outside of Bankable
- bypass Bankable in any financing discussions
- use borrower information to independently pursue the opportunity
5. Deal Protection Window
Any borrower introduced by Bankable shall be considered a protected opportunity for a period of twelve (12) months from the Date of Introduction. For the purposes of this Agreement, the “Date of Introduction” shall be defined as the date Bankable first provides the Lender with the identifiable name or the full financial folio of the borrower, whichever occurs first.
During this period:
- all financing discussions with the borrower must include Bankable
- any transaction completed with the borrower shall be recognized as a Bankable-introduced opportunity
- the Lender shall not engage the borrower independently outside of Bankable
This clause applies regardless of whether the initial opportunity proceeds immediately or at a later date within the protection window.
6. Use of Information
The Lender agrees that borrower information:
- will not be retained for future unsolicited use
- will not be used to build independent pipelines
- will not be incorporated into internal databases beyond the scope of the specific opportunity
7. Protection of Lender Information
Bankable acknowledges that each lender operates with proprietary credit criteria, pricing models, and structuring approaches.
Bankable agrees that it will:
- not disclose lender-specific guidelines to competitors
- not share internal lending strategies externally
- maintain discretion when presenting opportunities across its lender network
The Lender acknowledges that Bankable may present opportunities to multiple lenders without disclosing competing lender positions.
8. Relationship Acknowledgement
The Lender acknowledges that its relationship within the Bankable network is based on specific lender representatives, unless otherwise agreed in writing.
The Lender agrees not to internally expand or redirect the relationship in a manner that bypasses Bankable without prior discussion.
9. Feedback and Responsiveness
The Lender acknowledges that timely communication is essential to maintaining a high-quality borrower experience.
The Lender agrees to:
- provide timely acknowledgement of receipt of opportunities
- communicate interest, questions, or declines within a reasonable timeframe
- provide high-level feedback or rationale where possible when declining opportunities
Consistent delays or lack of responsiveness may impact the Lender’s prioritization within the Bankable network.
10. BBX (Bankable Business Exchange)
The Lender acknowledges that Bankable may operate a private ecosystem platform known as BBX (Bankable Business Exchange).
Participation in BBX is optional and subject to separate terms and privacy policies.
This Agreement does not authorize the sharing of confidential borrower information within BBX.
11. Data Protection and Security
The Lender agrees to maintain appropriate safeguards to protect borrower information from unauthorized access, disclosure, or misuse.
12. Broker Compensation & Fees
The Lender acknowledges that Bankable acts as a commercial finance intermediary. Compensation or referral fees payable to Bankable by the Lender for successfully funded transactions shall be governed by separate, deal-specific fee agreements, the Lender’s standard broker compensation grids, or directly by the borrower, as applicable to each specific transaction.
Nothing in this Agreement obligates the Lender to pay fees to Bankable unless explicitly agreed upon for a specific funded transaction.
13. No Obligation to Proceed
Nothing in this Agreement obligates the Lender to provide financing for any opportunity. Bankable is not obligated to present opportunities to the Lender.
14. Term and Survival
This Agreement remains in effect while the Lender participates in the Bankable network. Confidentiality, non-circumvention, and deal protection obligations survive termination.
15. Governing Law
This Agreement is governed by the laws of the Province of Alberta and applicable federal laws of Canada.
16. Electronic Acceptance
By selecting “I Agree” or completing Bankable’s lender onboarding process, the Lender:
- confirms that they have read and understood this Agreement
- agrees to be legally bound by its terms
- acknowledges that this electronic acceptance constitutes a valid and enforceable agreement with Bankable Ventures Alberta Ltd.
17. AI-Enabled Matching and Data Use
The Lender acknowledges that Bankable utilizes an internal, secure AI-enabled system (the “Bankable AI Agent”) to support the efficient matching of borrower opportunities with appropriate lenders.
This system operates based on structured inputs provided by lenders, including but not limited to:
- industry preferences
- deal size parameters
- geographic focus
- risk appetite
- product types and structuring preferences
The Lender agrees that information it provides to Bankable for the purpose of defining its lending criteria may be stored, processed, and utilized within the Bankable AI Agent to:
- improve speed and accuracy of lender matching
- reduce irrelevant deal flow
- enhance overall efficiency of the Bankable platform
Bankable represents that:
- the AI Agent operates within a secure and controlled environment
- lender-provided data is not shared with competing lenders
- no lender-specific data is disclosed externally
- such data is not used to train external or third-party AI models
The Lender retains control over the information it provides and may request updates, modifications, or removal of its data at any time.
The Lender may also elect to opt out of AI-based matching by providing written notice to its Bankable contact. In such cases, Bankable will continue to engage the Lender through manual matching processes where appropriate.
Previous Versions of This Document
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