Soft Credit Review and Business Verification Authorization

This Soft Credit Review and Business Verification Authorization (“Authorization”) is entered into as of ______ ___ , 20__ by:

Applicant Business

• Business Name:
• DBA (if applicable):
• Business Address:
• Authorized Representative:
• Title:

(“Applicant”)

in favor of:

CARE CASH GLOBAL, a California Corporation (“CCG”),
California Finance Lender & Broker
DFPI License No. 60DBO-168236
NMLS Company ID 2353336

Purpose

Applicant has requested that CCG evaluate Applicant’s eligibility for a commercial credit facility, working capital line of credit, accounts receivable-secured financing facility, premium finance transaction, or other commercial financing product.

This Authorization permits CCG to conduct a preliminary underwriting review.

Business Verification Authorization

Applicant authorizes CCG and its designated representatives to verify information concerning Applicant, including:

Corporate Information

• Business formation records;
• Secretary of State filings;
• Good standing status;
• Ownership information;
• Licensing information.

Business Operations

• Industry classification;
• Customer relationships;
• Vendor relationships;
• Business activity verification.

Financial Information

• Financial statements;
• Bank references;
• Trade references;
• Revenue verification.

Accounts Receivable Verification

• Receivable balances;
• Customer concentrations;
• Aging reports;
• Receivable quality reviews.

Commercial Credit Review Authorization

Applicant authorizes CCG to obtain and review:

• Commercial credit reports;
• Business credit profiles;
• Commercial credit scores;
• Trade payment histories;
• Public record information.

Sources may include:

• Dun & Bradstreet;
• Experian Business;
• Equifax Commercial;
• Other commercial credit providers.

Soft Credit Inquiry

Applicant understands and acknowledges that:

Soft Inquiry Only

This Authorization permits only soft credit inquiries and commercial business reviews.

No Hard Credit Inquiry

No hard inquiry affecting business or consumer credit profiles shall be performed pursuant to this Authorization.

Separate Authorization Required

Any hard credit inquiry shall require a separate written authorization.

UCC and Public Record Searches

Applicant authorizes CCG to perform:

• UCC lien searches;
• Judgment searches;
• Tax lien searches;
• Bankruptcy searches;
• Public record searches.

Fraud Prevention Review

Applicant authorizes CCG to conduct:

• Identity verification;
• Fraud prevention reviews;
• Business legitimacy reviews;
• Anti-fraud investigations reasonably necessary for underwriting.

Compliance Review

Applicant authorizes CCG to perform:

• Regulatory compliance reviews;
• Sanctions screening;
• OFAC screening;
• Know Your Customer (KYC) procedures;
• Anti-money laundering reviews.

Accuracy of Information

Applicant certifies that all information provided to CCG:

• Is true;
• Is complete;
• Is accurate to the best of Applicant’s knowledge.

Applicant understands that CCG may rely upon such information during underwriting.

No Obligation to Extend Credit

Applicant acknowledges that:

• Submission of information does not constitute approval.
• This Authorization does not obligate CCG to extend financing.
• Financing remains subject to underwriting and approval.

Electronic Signatures

Electronic signatures and electronic records shall be deemed originals and fully enforceable.

Governing Law

This Authorization shall be governed by California law.

Venue shall be Los Angeles County, California.