1. APPLICATION AND AGREEMENT
This application constitutes an offer to obtain business funding from Quick Biz Capital LLC. By submitting this application, the applicant ("Borrower") agrees to be bound by these terms and conditions.
2. ACCURACY OF INFORMATION
Borrower certifies that all information provided in this application is true, accurate, and complete. Borrower acknowledges that any misrepresentation or omission of material facts may result in denial of funding or immediate recall of any funds advanced. I have read and agree to the Terms and Conditions above. I certify that all information provided is accurate and I authorize Quick Biz Capital LLC to verify this information and perform credit checks. *
3. AUTHORIZATION TO VERIFY INFORMATION
Borrower authorizes Quick Biz Capital LLC to verify all information provided, including but not limited to credit reports, bank statements, tax returns, financial statements, and references. Borrower authorizes Quick Biz Capital LLC to obtain consumer and business credit reports from one or more credit reporting agencies.
4. CREDIT CHECK AUTHORIZATION
Borrower explicitly authorizes Quick Biz Capital LLC to perform hard and soft credit inquiries on the business and all owners/guarantors listed in this application. This authorization extends to obtaining consumer and/or personal, business and investigative reports from credit bureaus including but not limited to TransUnion, Experian, and Equifax.
5. PERSONAL GUARANTEE
All owners with 20% or more ownership agree to personally guarantee any funding provided. Personal assets may be subject to collection in the event of default. This personal guarantee remains in effect until all obligations under the funding agreement are fully satisfied.
6. ELECTRONIC SIGNATURE
By typing your name in the signature field, you agree to be legally bound by this application and all terms herein. Your electronic signature has the same legal effect as a handwritten signature.
7. REPAYMENT TERMS
If approved, Borrower agrees to repay the funding according to the terms specified in the funding agreement. Repayment may be structured as daily, weekly, or monthly payments depending on the funding product selected.
8. DEFAULT AND COLLECTIONS
In the event of default, Quick Biz Capital LLC may accelerate the full balance, pursue collections, and report to credit bureaus. Borrower is responsible for all collection costs including reasonable attorney fees.