Financing Application Terms and Conditions
As the owner of the business seeking financing, you acknowledge and affirm that one or more applicants identified is/are the business owner(s) and is/are personally liable for the business.
You also warrant that by submitting this application for credit, any individual identified above who is either a principal, partner, member, a personal guarantor or cosigner, or a sole proprietor of the credit applicant, recognizing that his or her individual credit history may be a factor in the evaluation of the application for credit, is authorizing inquiry into their credit worthiness, including but not limited to obtaining a consumer credit report, and shall hold Remarc Lending, LLC, Remarc Vending, LLC dba the Discount Vending Store and/or its assignees, agents, or nominees harmless from same.
You understand that such investigation may include seeking information as to the background, credit, and financial responsibility of your business, its officers, principals, partners, members any personal guarantors or cosigners, and any corporate guarantors if applicable.
You are consenting to receive communication from us and from or on behalf of our underwriters either via phone (including voice and text messages), in writing through postal mail, or via email. You consent that such communications may be generated by automatic dialer systems, pre-recorded voice messages, and automatically generated text messages or emails. For any calls or text messages, your cellular or mobile telephone provider may charge you according to the type of plan you carry and you are responsible for such charges.
You also agree we may contact you at any email address(es) you have provided or may provide in the future or any phone number(s) you have provided or may provide in the future. You agree that we may record any phone calls between you and us for quality control purposes or our own legal protection. You agree that any such communication is not unsolicited for purposes of federal or state law. If you authorize a third party to communicate on your behalf with us, our agents, or our underwriters regarding your account with us, you agree and acknowledge that we may disclose information about your account to the third party.
When you submit your financing or loan application, we may conduct a credit inquiry (known as a “hard credit pull” or “hard credit inquiry”), a standard step in most financing or loan applications. This inquiry will be recorded on your credit history and may impact your credit score. By entering your Social Security Number on the financing application page you are providing written instructions to Remarc Lending, LLC under the Fair Credit Reporting Act, which authorizes Remarc Lending, LLC to obtain information from your personal credit profile and/or other information from Business and Consumer Reporting Agencies. Upon your request, we will inform you of the name and address of any consumer reporting agency from which we obtained your consumer report even though this is a business purpose loan and not a consumer loan.