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Terms of Service

Legacy Lending (“Company”, “we”, “our”, or “us”) provides structured business capital solutions, including term financing, revolving credit facilities, and other privately funded credit products.

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By submitting a request, accessing our services, or entering into any agreement with us, you (“Client” or “you”) agree to be bound by these Terms of Service (“Terms”).

Eligibility

You must:

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  • Be at least 18 years of age or the legal age of majority in your jurisdiction

  • Operate a valid business entity in good standing

  • Have the authority to bind the business to financial agreements

  • Provide accurate and complete information during the application process

 

We reserve the right to decline or terminate services at our discretion, subject to applicable law.

Nature of Services

Legacy Lending deploys capital from its own balance sheet and affiliated sources across a range of credit structures.

 

All financing is subject to underwriting, approval, and execution of a formal agreement. Terms, pricing, structure, and availability of capital are determined on a case-by-case basis.

 

In the event of any conflict between these Terms and a separate financing agreement, the financing agreement will control.

No Guarantee of Approval

Submission of a request does not guarantee approval, funding, or specific terms. All decisions are made at the sole discretion of Legacy Lending.

Application and Verification

You agree to provide complete and accurate business and personal information, including financial data as requested.

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We may:

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  • Verify bank account information, revenue history, and financial records

  • Request supporting documentation, including financial statements and bank records

  • Obtain information from third parties, including credit reporting agencies and payment processors

 

Providing false, incomplete, or misleading information may result in denial, termination, or legal action.

Funding and Disbursement

If approved, funds will be disbursed to your designated business account in accordance with your agreement.

 

Funding timelines may vary based on underwriting, verification, and processing requirements.

 

All disbursements are subject to final approval by our internal credit team.

Repayment and Fees

All pricing, fees, and repayment terms will be outlined in your specific financing agreement.

 

You agree to comply with all payment obligations as agreed.

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Returned, failed, or missed payments may result in additional fees, penalties, or default as defined in your agreement.

Default and Remedies

You may be considered in default if:

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  • You fail to make scheduled payments

  • You provide false or misleading information

  • You breach any material term of your agreement

  • You materially change or cease business operations without notice

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In the event of default, Legacy Lending reserves all rights available under applicable agreements and law, including collection efforts, legal action, and recovery of outstanding obligations.

Use of Information

Information provided may be used for underwriting, credit evaluation, servicing, and internal portfolio management purposes.

No Resale or Assignment

You may not assign or transfer your rights or obligations under these Terms or any agreement without prior written consent.

Limitation of Liability

To the maximum extent permitted by law, Legacy Lending shall not be liable for any indirect, incidental, or consequential damages arising from the use of our services.

Governing Law

These Terms shall be governed by and construed in accordance with the laws of the State of New York.

Modifications

We reserve the right to update or modify these Terms at any time. Continued use of our services constitutes acceptance of any changes.

Contact

Legacy Lending
110 Pearl St, New York, NY
info@legacylending.co
+1 (386) 227-6792

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