I certify that I am an owner or authorized agent of the prospective business borrower (“Borrower” or “Business Borrower” or “Business Borrower Member”) with the authority to: 1) submit a request for a loan (“Loan Request”) on behalf of the Business Borrower through the StreetShares website at https://www.streetshares.com (including all subdomains, the “Site”), and by telephone, facsimile, email, or other means (collectively, and together with the Site, the “StreetShares Platform”), 2) to represent the Business Borrower on the StreetShares Platform, and 3) to form binding legal commitments – to include commitments to incur debt – on behalf of the Business Borrower.
I hereby authorize StreetShares Lending Company, LLC (“SLC”) and its affiliates, including StreetShares, Inc. (collectively “StreetShares”) to obtain consumer and business reports and related information about the Business Borrower and me from one or more consumer and business reporting agencies.
I further authorize StreetShares and its affiliates to verify information in this application, and I agree that StreetShares and its affiliates may contact third parties to verify any such information.
StreetShares and its affiliates may use these consumer reports to authenticate my identity, that of the Business Borrower, and that of all Business Borrower owners to evaluate creditworthiness, to administer the sale of Member Payment Dependent Notes (“MPDNs”) associated with this loan, and for related purposes.
I further consent for StreetShares to provide information about the Business Borrower to potential investors (“Investors” or “Investor Members”). Information provided to Investors includes, but is not limited to: the Business Borrower’s Loan Request, including the Business Borrower’s name, business type, age of business, DBA (if any), number of employees, NAIC Code, industry outlook, address, veteran status, links to social media profiles, information about the size and performance of the business (including revenue, profit, assets, liabilities, debt, and ratios calculated by StreetShares), credit and guarantor information, narrative information and images provided by me and the Business Borrower in the Business Borrower’s “pitch,” information on the business owner (including links to social media profiles and information about affinity group membership and military service, if any), and other information necessary for Investors to make an investment decision. I understand that this information will be obtained principally from me, but also from third parties, credit bureaus, or documents and attachments that the Business Borrower wishes Investors to consider.
I WILL PROVIDE FULLY ACCURATE INFORMATION IN MY LOAN REQUEST, WITHOUT MISSTATEMENT OR OMISSION. I UNDERSTAND THAT STREETSHARES INVESTOR MEMBERS USE THE INFORMATION I PROVIDE IN MAKING DECISIONS WHETHER TO COMMIT FUNDS TO PURCHASE MPDNS AND WHETHER TO BACK STREETSHARES COMMERCIAL LOANS TO THE BUSINESS BORROWER. I ALSO AUTHORIZE STREETSHARES TO PROVIDE SUCH INFORMATION TO INVESTORS IN CONNECTION WITH THE SALE OF MPDNS ASSOCIATED WITH THIS LOAN.
I authorize StreetShares to obtain consumer and business reports each time I request a loan on behalf of the Business Borrower I represent, during the processing or closing of a loan, or at various times during the term of the loan in connection with the servicing, monitoring, collection, or enforcement of the loan or the sale or potential resale of any MPDNs associated with the loan.