Terms & Conditions

Updated: Oct 10, 2024

Updated: Oct 10, 2024

Terms and Conditions

I. Introduction

These Terms and Conditions govern the relationship between Blue Ridge Advance (“Broker”) and the business seeking funding (“Client”). By engaging our brokerage services, you acknowledge that you have read, understood, and agreed to these Terms and Conditions. If needed, we recommend seeking independent legal advice before proceeding.

II. Brokerage Services

Blue Ridge Advance will use commercially reasonable efforts to assist the Client in obtaining funding. However, approval, funding amounts, and specific financing terms are not guaranteed.

III. Fees and Commissions

The Client agrees to pay Blue Ridge Advance a fee equal to [percentage or flat fee] of the total funded amount, if applicable.

In some cases, Blue Ridge Advance may receive compensation from a financing provider. Any such compensation will be disclosed to the Client in advance where required.

IV. Client Obligations

The Client agrees to provide accurate, complete, and current financial and business information to Blue Ridge Advance and any funding partners.

The Client represents that all information submitted is truthful and does not contain any false statements or material omissions.

V. Funding Terms

All funding terms, including rates, fees, repayment schedules, and conditions, are determined solely by the funding provider.

The Client is responsible for reviewing, understanding, and accepting the terms of any financing offer before execution.

VI. Indemnification

The Client agrees to indemnify and hold harmless Blue Ridge Advance from any claims, damages, losses, or liabilities arising from:

  • Misrepresentation or omission of financial or business information

  • Failure to comply with agreed funding terms

  • Use or misuse of funds obtained through financing

VII. Governing Law and Jurisdiction

These Terms and Conditions shall be governed by and construed in accordance with the laws of [state/province/country]. Any disputes shall be resolved through [arbitration or litigation] in [specified jurisdiction].

VIII. Entire Agreement

These Terms and Conditions constitute the entire agreement between the Client and Blue Ridge Advance, superseding all prior discussions, representations, or agreements.

IX. Amendments

Blue Ridge Advance reserves the right to modify these Terms and Conditions at any time. Any changes will become effective upon written notice or posting on the Company’s website.

X. Acceptance

By engaging the brokerage services of Blue Ridge Advance, the Client acknowledges and agrees to be bound by these Terms and Conditions.