• FUNDING APPLICATION

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  • OWNERSHIP INFORMATION

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  • The Merchant and Owner(s)/Officer(s) identified above (individually, an “Applicant”) each represents, acknowledges and agrees that (1) all information and documents provided to Lex Capital Group, LLC. (“LCG”) including credit card processor and bank statements are true, accurate and complete, (2) Applicant will immediately notify LCG of any change in such information or financial condition, (3) Applicant authorizes LCG to disclose all information and documents that LCG may obtain including credit reports to other persons or entities (collectively, “Assignees”) that may be involved with or acquire commercial loans having daily repayment features or purchases of future receivables including Merchant Cash Advance transactions, including without limitation the application therefore (collectively, “Transactions”) and each Assignee is authorized to use such information and documents, and share such information and documents with other Assignees, in connection with potential Transactions, (4) each Assignee will rely on the accuracy and completeness of such information and documents, (5) LCG Assignees, and each of their representatives, successors , assignees and (collectively, “Recipients”) are authorized to request and receive any investigative reports, credit reports, statements from creditors or financial institutions, verification of information, or any other information that a Recipient deems necessary, (6) Applicant waives and releases any claims against Recipients and any information-providers arising from any act or omission relating to the requesting, receiving or release of information, and (7) each Owner/Officer represents that he or she is authorized to sign this form on behalf of Merchant.

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