Terms of Service
Paz Funding Source LLC
Table of Contents
Important Legal Agreement
These Terms of Service constitute a legally binding agreement between you and Paz Funding Source LLC. Please read these terms carefully before using our services. By accessing or using our platform, you acknowledge that you have read, understood, and agree to be bound by these terms.
Agreement to Terms
By accessing or using the services provided by Paz Funding Source LLC ("Company," "we," "us," or "our"), you agree to be bound by these Terms of Service ("Terms"). If you do not agree to these Terms, you may not access or use our services. These terms apply to all users, including businesses, business owners, and authorized representatives.
Description of Services
Paz Funding Source LLC provides merchant cash advance solutions:
Merchant Cash Advances
Quick capital access based on future credit card sales and business receivables
Role Disclosure: We may act as a direct lender, broker, or facilitator depending on the specific funding solution. The nature of our role will be clearly disclosed for each transaction.
Eligibility Requirements
To be eligible for our services, you must:
Application Process
Our comprehensive application process may require you to provide:
- Business and personal information
- Financial statements and bank records
- Tax returns and business documentation
- Credit authorization and background checks
Important: Submission of an application does not guarantee approval or funding. All applications are subject to our underwriting process and approval criteria.
Fees and Costs
Fees, interest rates, and costs will be clearly disclosed in your funding agreement. These may include origination fees, processing fees, interest charges or factor rates, late payment fees, and collection costs. All fees and terms will be provided in writing before you accept any funding offer.
Repayment Terms
Repayment terms vary by product and will be specified in your funding agreement. You agree to make payments according to the agreed schedule, maintain sufficient funds for automatic debits when applicable, notify us immediately of any payment difficulties, and provide updated business and contact information.
Default and Collections
Default occurs when you fail to meet payment obligations. In case of default, we reserve the right to declare the entire balance immediately due, pursue collection activities, report to credit bureaus, take legal action to recover amounts owed, and charge additional fees and collection costs.
Personal Guarantees
Business owners may be required to provide personal guarantees for funding obligations. Personal guarantors remain liable for business debts even after business dissolution or bankruptcy.
Use of Information
You authorize us to verify information provided, obtain credit reports and background checks, contact references and financial institutions, monitor your business performance during the funding term, and share information with our lending partners when necessary.
Prohibited Uses
You may not use our services to provide false information, engage in fraudulent activities, violate applicable laws, fund illegal business activities, or interfere with our systems or security measures.
Intellectual Property
All content, trademarks, and intellectual property on our website and materials are owned by Paz Funding Source LLC or our licensors. You may not use, copy, or distribute our content without written permission.
Limitation of Liability
To the maximum extent permitted by law, Paz Funding Source LLC shall not be liable for any indirect, incidental, special, or consequential damages arising from your use of our services. Our total liability shall not exceed the amount of fees paid by you for our services.
Indemnification
You agree to indemnify and hold harmless Paz Funding Source LLC from any claims, damages, or expenses arising from your use of our services, violation of these Terms, or violation of any third-party rights.
Governing Law
These Terms shall be governed by and construed in accordance with the laws of the State of New York, without regard to its conflict of law principles. Any disputes arising out of or relating to these Terms shall be resolved exclusively in the courts of the State of New York.
Changes to Terms
We reserve the right to modify these Terms at any time. Changes will be effective upon posting to our website. Your continued use of our services constitutes acceptance of any changes.
Contact Information
For questions about these Terms of Service, please contact us at:
Paz Funding Source LLC
415 North Camden Drive Suite 111
Beverly Hills, CA 90210
Email: contact@pazfundingsource.com
Phone: 833-PAZ-FUND (833-729-3863)
Business Hours
Monday - Friday: 8:00 AM - 6:00 PM PST
Saturday - Sunday: Closed