The Business and Owner(s) identified above (collectively, the “Applicant”) each represent, acknowledge, and agree to the Representations and Acknowledgments set forth below.
In processing this application, we, E.I Consulting Services, may obtain credit reports from one or more credit bureaus on the Business and Owner(s) (the Owners(s)’ personal credit score will not be affected by our request). Applicant further represents, acknowledges, and agrees to the Consents Relating to the Referral of the Application to Third-Parties, the Consent to Use Electronic Records and Signatures, and the Promotions and the Services Notice set forth below. Please note that you are not required to consent to be contacted for marketing or promotional purposes in order to qualify for financing or obtain products or services from us including revenue based financing.
Representations and Acknowledgments of Applicant
All information and documents provided by the Applicant directly or indirectly, in connection with or as part of this application (collectively, “Application”) are true, accurate, and complete;
Applicant will immediately notify us of any error or change in such information or in the Applicant’s financial condition;
We are authorized to request and receive consumer or personal, and business or entity, credit reports from one or more credit bureaus, such as TransUnion, Experian, or Equifax, investigative reports about the Applicant from third-party data aggregators, and other financial information about Applicant, including credit card processor statements and bank statements, directly from credit bureaus, banks, creditors, or other third parties, and to verify through third-party sources all information contained, provided, or obtained in connection with the Application;
Applicant waives and releases any claims against us arising from any act or omission relating to our request for, receipt of, or release of information as authorized by this Application;
Each Owner represents that they are authorized to execute any documents on behalf of the Business and to bind the Business;
Applicant agrees to conduct business by electronic means, including without limitation the receipt by email of agreements, communications, notices, authorizations, disclosures (including any and all disclosures and/or notices required to be given by applicable law), and any other records we provide (collectively, “Communications”). Applicant understands and acknowledges that electronic signatures shall have the same legal effect as if signed in ink and will be deemed valid, enforceable, and binding.
Consents Relating to the Referral of the Application to Third-Parties for Purposes of Securing Financing
Applicant authorizes us to provide the Application, including all information and documents obtained (such as, without limitation, information obtained from credit reports) to third-party financial institutions, lenders, loan servicers, purchasers of accounts receivable, factoring companies, equipment finance or leasing companies, brokers, or other similar sources of commercial financing (collectively, “Third-Parties”) in connection with or following the processing of this Application for financing by us.
Applicant authorizes the Third-Parties to whom the Application is provided to, separately and on their own behalf, request and receive consumer or personal, and business or entity, credit reports from one or more credit bureaus, such as TransUnion, Experian, or Equifax, investigative reports about the Applicant from third-party data aggregators, and other financial information about Applicant, including credit card processor statements and bank statements, directly from credit bureaus, banks, creditors, or other third parties, and to verify through third-party sources all information contained, provided, or obtained in connection with the Application. Such inquiries by Third Parties may be “hard credit pulls” that may impact the credit score of the Business and/or the Owner(s).
Consent to Use Electronic Records and Signatures
Applicant’s consent to use electronic records and signatures. Applicant agrees that we may provide any Communications electronically (“Electronic Records”) and to the use of electronic signatures. Applicant’s consent applies to all Communications that may be provided during Applicant’s business relationship with us. For example, this ESIGN Consent and Disclosure covers applications, agreements, and notices or disclosures required to be provided by law or that we choose to provide in its discretion. Electronic Records shall be delivered to Applicant by email or other electronic means. Even with Applicant’s consent to Electronic Records, we may, in our sole discretion, provide any Communication on paper. Applicant acknowledges and agrees that all Electronic Records delivered to Applicant by us (i) shall be given the same legal effect as signed paper Communications, (ii) shall be considered a “writing” or “in writing” and (iii) shall be deemed for all purposes to have been "signed" and to constitute an "original" when printed from electronic files or records established and maintained in the normal course of business. Any notice Applicant is required to provide to us by law, agreement, or otherwise must be provided to us on paper unless we specifically communicate in another Communication that it may be delivered to us electronically.