Terms and Conditions

1. Acceptance of Terms

By accessing and using the Capital USA Lending website and services, you acknowledge that you have read, understood, and agree to be bound by these Terms and Conditions. If you do not agree to these terms, please do not use our services.

2. Loan Application and Approval Process

Credit Requirements

All loan applications are subject to credit approval based on our underwriting criteria. Loan approval requires credit scores of 680 or higher from all three major credit bureaus: Equifax, Trans Union, and Experian. We reserve the right to verify credit information through these and other credit reporting agencies.

Application Process

Applications must be completed truthfully and accurately
All required documentation must be provided
Personal income verification of $30,000+ per year is required for loans and lines of credit
Most recent personal tax return must be submitted
Business checking account is required for business loans

Approval Timeline

While we strive to provide approval decisions within 24-48 hours, this timeline is not guaranteed and may vary based on application complexity and verification requirements.

3. Loan Terms and Conditions

Loan Amounts

Minimum loan amount: $25,000
Maximum loan amount: $300,000
Final loan amount subject to creditworthiness and income verification

Interest Rates and Fees

Interest rates are determined based on creditworthiness, loan amount, and term
All applicable fees will be disclosed prior to loan acceptance
Annual Percentage Rate (APR) will be provided in loan documentation
No prepayment penalties on most loan products

Repayment Terms

Loan terms vary by product and creditworthiness
Monthly payments are due on the same date each month
Late payment fees may apply for payments received after the grace period
Automatic payment options are available and may qualify for rate discounts

4. Privacy and Data Protection

Information Collection

We collect personal and financial information necessary to process loan applications and provide services. This includes but is not limited to:

Personal identification information
Financial statements and tax returns
Credit reports from Equifax, Trans Union, and Experian
Bank account and employment information

Information Use

Your information is used solely for:

Processing loan applications
Underwriting and credit decisions
Account servicing and customer support
Compliance with legal and regulatory requirements

Information Sharing

We do not sell personal information to third parties. Information may be shared with:

Credit bureaus for reporting purposes
Service providers who assist in loan processing
Legal authorities when required by law
Affiliated companies for legitimate business purposes

5. Borrower Responsibilities

Accurate Information

Borrowers must provide accurate, complete, and current information throughout the application and loan process. Misrepresentation may result in loan denial or acceleration of the loan balance.

Notification of Changes

Borrowers must promptly notify Capital USA Lending of any changes to:

Contact information
Employment status
Financial circumstances
Legal proceedings or judgments

Compliance

Borrowers must comply with all loan terms, make payments as agreed, and maintain required insurance coverage where applicable.

6. Default and Collections

Events of Default

Default occurs when:

Payment is more than 30 days past due
Borrower provides false information
Borrower files for bankruptcy
Material adverse change in financial condition

Collection Activities

In the event of default, Capital USA Lending may:

Report delinquency to credit bureaus
Engage collection agencies
Pursue legal remedies
Accelerate the full loan balance

7. Dispute Resolution

Arbitration

Any disputes arising from these terms or loan agreements shall be resolved through binding arbitration in accordance with the rules of the American Arbitration Association.

Governing Law

These terms are governed by federal law and the laws of the state where the borrower resides.

8. Website Terms

Intellectual Property

All content on the Capital USA Lending website is protected by copyright and trademark laws. Users may not reproduce, distribute, or modify content without written permission.

Website Availability

While we strive to maintain website availability, we do not guarantee uninterrupted access and are not liable for temporary outages or technical issues.

Third-Party Links

Our website may contain links to third-party sites. We are not responsible for the content or practices of these external sites.

9. Regulatory Compliance

Equal Credit Opportunity

Capital USA Lending complies with the Equal Credit Opportunity Act and does not discriminate based on race, color, religion, national origin, sex, marital status, age, or other protected characteristics.

Truth in Lending

All loan disclosures comply with the Truth in Lending Act, providing clear information about loan terms, rates, and fees.

Fair Credit Reporting

Credit decisions are made in compliance with the Fair Credit Reporting Act, using information from Equifax, Trans Union, and Experian.

10. Modifications and Updates

Capital USA Lending reserves the right to modify these Terms and Conditions at any time. Updated terms will be posted on our website with the effective date. Continued use of our services constitutes acceptance of modified terms.

11. Severability

If any provision of these Terms and Conditions is found to be unenforceable, the remaining provisions shall remain in full force and effect.

12. Entire Agreement

These Terms and Conditions, together with any loan agreements and disclosures, constitute the entire agreement between the borrower and Capital USA Lending.