By signing below, each listed business and business owner/officer (“you”) authorizes Capital Advances and our partners, including its representatives, successors, assigns, and designees (“Recipients”), to engage in Transactions related to commercial loans or other alternative lending facilities, and to obtain necessary information about you. This may include consumer and/or personal, business, and investigative reports, credit card processor statements, and bank statements from agencies such as TransUnion, Experian, and Equifax, along with other credit bureaus, banks, creditors, and third parties.

You further authorize Capital Advances and our partners to:

Transmit this application form, along with any related information, to any or all Recipients.
Obtain credit and employment information about the Signers.
Obtain credit reports and conduct inquiries deemed appropriate in connection with this Application or periodic reviews of the Applicant’s account.
Disclose account information as required by law.
You also consent to the release of information related to any of you to Capital Advances and our partners and Recipients.

In addition, for Term Loans, Lines of Credit, Equipment leasing, Commercial Mortgages, ABL-Asset Based Facilities, Bridge loans, and all finance transactions secured by Capital Advances, the following success fees apply:

Less than $250k: 3%
$250k to less than $750k: 2.5%
$750k to less than $1.5 million: 1.5%
$1.5 million and above: 1%

The success fee is based on the total facility amount secured. Please be advised that the LLC administrative fee is contingent upon success and is only processed AFTER funding is completed. If funding is not completed, there will be no fee charged.

Each Signer acknowledges that further information may be necessary for a decision regarding the Business Applicant’s account and affirms understanding and acceptance of the terms of Capital Advances’ Application Form, including the aforementioned fee structure. All Signers agree that Capital Advances may rely on the statements and information in this Application, and these may be referenced in any agreement entered into with Capital Advances. All Signers are responsible for promptly notifying Capital Advances of any changes to this information.

EACH SIGNER REPRESENTS AND WARRANTS THAT THE INFORMATION CONTAINED HEREIN IS TRUE AND CORRECT. By signing this Application, you authorize Capital Advances and prospective third-party funding providers to contact you, even if you are on a Do Not Call Registry, at the numbers provided (including mobile), via phone (including automated dialing system, prerecorded, SMS, and MMS means) during any step of this application. You are not required to agree to be contacted in this way to utilize Capital Advances’ services