Important information
Commercial Financing Disclosures
General website disclosures. Specific financing terms are governed by the applicable written documents.
No guaranteed approval or funding
No website statement, inquiry, conversation, estimate, preliminary review or request for documents guarantees approval, closing or funding. Financing is subject to underwriting, verification, approval, documentation, closing conditions and availability.
Rates, fees and terms vary
Interest rates, financing charges, fees, repayment frequency, term, collateral, guarantees and other requirements vary by transaction and risk profile. Prospective borrowers should review the total cost and all obligations contained in the applicable written agreement before accepting financing.
No online credit decision
The public website does not make automated credit decisions. Information submitted online is used to begin a business conversation and determine what additional information may be appropriate for review.
Credit reports and authorizations
If a credit report, background information or other third-party verification is required later, the applicable authorization and process should be disclosed before it is obtained when required by law.
Collateral, liens and guarantees
Depending on the transaction, financing may be secured or unsecured and may require liens, collateral, personal or business guarantees, insurance, reserves, covenants or other credit support.
Transaction role
The specific role of Paradise Financial Corporation and any other financing party in a transaction should be identified in the applicable proposal, disclosure or definitive financing documents. Website descriptions do not replace those documents.
Not legal, tax or investment advice
Borrowers should consult their own legal, tax, accounting and financial advisers regarding the consequences of any financing transaction.
Jurisdiction and availability
Products, structures and terms may not be available in every jurisdiction or for every business. Additional disclosures or requirements may apply based on governing law and transaction type.
Contact
Questions about these disclosures may be sent to [email protected].