1. Certification and authorization
By signing the application, the Merchant and its owners/principals: (1) certify that all information and documents submitted in connection with the application are true, correct, and complete; and (2) authorize ScaleKit Financing and its assignees/designees to obtain credit reports and any other information regarding the Merchant and its owners and principals to verify the information provided on the application.
2. Purpose and scope
This authorization is given for legitimate financing-related evaluation and verification of the submitted request. It permits access only to information that may lawfully be obtained for the applicable purpose. ScaleKit may use authorized service providers to obtain or process information and may provide the authorization record to an identified financing provider as evidence of your instructions.
3. Consumer and commercial reports
Information may include consumer credit reports concerning an owner or principal, commercial credit reports concerning the Merchant, identity and fraud-verification information, public records, and other information reasonably necessary to verify the application. ScaleKit is not a consumer reporting agency.
4. Credit inquiry effect
A preliminary financing inquiry does not necessarily result in a hard credit inquiry. Whether an inquiry is soft or hard depends on the report requested, provider, product, and stage of the application. An identified provider may present a separate authorization before obtaining a report or advancing the application.
5. Electronic record
The typed legal name, affirmative credit-authorization checkbox, submission timestamp, language version, and associated application record constitute the electronic authorization. You should retain a copy. Revocation will not affect a report already lawfully obtained or information already used or retained as permitted by law.
6. No guarantee
Authorization does not guarantee approval, an offer, a specific financing amount, rate, term, or funding. Independent financing providers make their own decisions.