Fundation
This document contains the following customer acknowledgements and agreements (collectively, the “Disclosures”):
• Business Credit Application Acknowledgement and Agreement
• Consent to the Use of Electronic Signature and Electronic Transaction Disclosures
• Consent to Conduct Business Electronically
• Customer Identification Program
• Electronic Submission of Application Agreement
You may print these Disclosures using the print button on your browser or save it to your hard drive. You understand and agree that clicking the “Agree” button constitutes your agreement to abide by and to be bound by the above-listed agreements, as further described herein.
As used herein, the term “you” refers to the business loan applicant (the “Applicant”), regardless of whether the Applicant is submitting the credit application on its own behalf or whether an agent of the Applicant is submitting the application on the Applicant’s behalf. If you are submitting this application as an agent of the Applicant, you represent that you have full right and authority granted by the Applicant to submit the credit application and agree to the Disclosures on the Applicant’s behalf.
You also agree that if you are an agent submitting the application on the Applicant’s behalf, you will provide written evidence of such authority to Fundation promptly upon Fundation’s request.
Business Credit Application Acknowledgement and Agreement
You specifically represent to Fundation Group LLC, including lenders on our platform (“Fundation”, “Lender”, “we”, “us” or “our”) and agree and acknowledge that:
1. The information provided in this application and other requested and required information (collectively, the “Credit Application”) for the purpose of obtaining credit is true, accurate, and complete as of the date this Credit Application is submitted by you to the Lender;
2. The representations made in the Credit Application will be continuously relied upon by the Lender in evaluating the Credit Application and, if approved, in extending credit; and that you acknowledge that you have the obligation to amend and supplement the information provided in the Credit Application if any material facts should change prior to closing any loan or other extension of credit;
3. The Lender has not made any commitment to approve the Credit Application and extend credit, unless otherwise agreed to in writing;
4. The Lender is authorized to conduct any inquiries it decides are necessary to verify the accuracy of the information contained in the Credit Application and is also authorized to obtain credit reports from credit reporting agencies on you and your business;
5. The Lender is authorized to answer any questions from others about the Lender’s credit experience with you;
6. The Lender is authorized to retain the Credit Application, whether or not Lender approves any extension of credit;
7. If credit is granted, the Lender is authorized to obtain credit information regarding you or your business from time to time during any time that the credit obligation has an outstanding balance in connection with the servicing, monitoring, collection or enforcement of the credit obligation;
8. The Lender shall not be liable for any claim arising from the use of information provided by you or for providing such information to others;
9. If applicable, you have obtained written authorization from the Applicant to submit this Credit Application on the Applicant’s behalf; and
10. If applicable, you agree to provide a copy of this Credit Application and the Disclosures to the Applicant.
Consent to the Use of Electronic Signature and Electronic Transaction Disclosures
Consent to the Use of Electronic Signature. You understand and agree that by clicking any button at the bottom of this application in order to continue to the next page, you consent and agree that your use of a key pad, mouse or other device to select an item, button, icon or similar act/action while using any electronic service we offer or in accessing or making any transactions regarding any agreement, acknowledgment, consent, terms, disclosures or conditions, constitutes your signature, acceptance and agreement as if actually signed by you in writing. Further, you agree that no certification authority (“Certification”) or other third party verification (“Verification”) is necessary to the validity of your electronic signature and that the lack of such Certification or Verification will not in any way affect the enforceability of your signature or any resulting contract between you and Fundation.
Consent to Conduct Business Electronically
You will receive disclosures, notices, documents and information (collectively, “Information”) electronically from Fundation. We conduct our lending business through the Internet and, therefore, require that you consent to receiving Information and doing business with us electronically.
You agree that all Information from us relating to your transactions with us, including, but not limited to, your use of our website, the credit application process, disclosures and documents, your credit obligation payments, and transaction history, may be provided or made available to you electronically by e-mail, at our website or through other electronic means. Your consent to receive Information and do business electronically, and our agreement to do so, applies to all of your interactions and transactions with us.
You will need a computer to access and retain the Information electronically and to do business with us. If you are accessing our website and Information electronically via a mobile device (such as a smart phone, tablet, etc.), you must make sure that you have software on your mobile device that allows you to print and save the Information presented to you during the application process. If you do not have these capabilities on your mobile device, please access our website through a device that provides these capabilities.
Please keep us informed of any changes in your email or mailing address so that you continue to receive all Information without interruption. You can contact us by using our contact information located on our website.
You understand and agree that you are agreeing to abide by and to be bound by the consents above to the use of electronic signatures and to conduct business with us electronically. You agree that your electronic signature is effective and enforceable, a Certification or Verification being unnecessary with respect to your electronic signature.
Customer Identification Program
To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify and record information that identifies each person who opens an account.
What this means for you: When you open an account, we will ask you for your name, address, date of birth, and other information that will allow us to identify you and the business applicant. We may also ask to see your driver’s license or other identifying documents.
Electronic Submission of Application Agreement
You understand and agree that clicking the “Submit” button on this page constitutes your agreement to submit this Credit Application electronically to the Lender and you agree that the electronic submission of your Credit Application will have the same effect as if it were submitted by you to us as a paper document signed by you.
Notice to California Residents. Married applicants may apply for separate accounts.
Notice to New York Residents. A consumer credit report may be ordered in connection with this application, or subsequently with the update, renewal or extension of credit. Upon your request, you will be informed of whether or not a consumer credit report was ordered, and if it was, you will be given the name and address of the consumer reporting agency that furnished the report.
Notice to Ohio Residents. The Ohio laws against discrimination require that all creditors make credit equally available to all credit-worthy customers, and that credit reporting agencies maintain separate credit histories on each individual upon request. The Ohio Civil Rights Commission administers compliance with this law.
Oregon Notice. Under Oregon law, most agreements, promises and commitments made by lender after October 3, 1989, concerning loans and other credit extensions which are not for personal, family or household purposes or secured solely by the borrower’s residence must be in writing, express consideration and be signed by the lender to be enforceable. Each applicant hereby acknowledges receipt of a copy of this application.
Notice to Rhode Island and Vermont Residents. A consumer credit report may be ordered in connection with this application, or subsequently for purposes of review or collection of the account, increasing the credit line on the account, or other legitimate purposes associated with the account. If you are a Vermont resident, you consent to the obtaining of such reports by signing or otherwise submitting a credit application.
Notice to Married Wisconsin Residents. No provision of any marital property agreement, unilateral statement under Section 766.59 of the Wisconsin statutes or court order under Section 766.70, adversely affects the interest of the creditor, Fundation Group LLC, unless Fundation Group LLC, prior to the time of the credit is granted is entered into, is furnished a copy of the Agreement, Statement or Decree, or has actual knowledge of the adverse provision.
Business Credit Application Acknowledgement and Agreements
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11600 Sunrise Valley Drive, Reston, VA 20191
FUNDATION GROUP LLC
© 2025 Quantum LS LLC. All rights reserved. Loans made in California are issued by Quantum LS LLC pursuant to California Lenders License No. 603 L340. NMLS ID 1587491.
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