Fees and Payment Terms
- Fee: $2500.00
- Initial Payment: $1000.00 due upon signing the agreement.
- You may have an additional fee if you need to purchase a tradeline.
- The remaining payment of $1,500.00 is due when you receive your funding.
Guarantee and Refund Policy
If funding is not obtained:
- Three-Day Right of Rescission
You may cancel within three (3) days of signing your agreement and receive a 100% refund of your payment.
- Loan Denial Refund
If your loan application is declined, $1,000.00 of your initial $1,000.00 payment will be refunded to you in 10 business days from the date you receive a written loan denial notice.
- Cancellation During Process
If you choose to cancel after the three-day rescission period but while the funding process is still ongoing, you will receive a $500.00 refund. The remaining $500.00 covers administrative and processing costs for work already performed on your loan request.
- Non-Refundable Fees
All Tradeline fees are non-refundable under any circumstances.
Credit Enhancement Option
If your credit score does not meet the requirements for the business funding product you want, or your credit utilization is too high, you may purchase tradelines to improve your credit score and reduce utilization in order to qualify for funding.
Client Responsibilities
The client agrees to:
- Inform American Credit Solutions of any changes to financial or credit status
- Provide accurate and timely documentation as requested
- Communicate and respond promptly to all inquiries