1.We only transact with Juristic entities, not Sole Proprietors and / informal Partnerships;
2.All information supplied by You to Us is true and correct;
3.We rely materially on the accuracy of such information and the said information to determine whether or not to transact with you;
4.We are not a Financial Institution, Bank, Credit Provider or Financial Services Provider;
5.We do not loan monies or provide you with Credit;
6.Any transaction which may be entered into between you and us is not subject to the Terms of the National Credit Act or Consumer Protection Act and you shall not be entitled to avail yourself to any of the Provisions thereof; and
7.Should your Application be successful and we furnish you with a quote, you cannot infer or represent that such Quotation is an Endorsement of the merits of merits of your entity, business or any particular proposed transaction. We access transaction on a risk / reward time frame ratio and also factor in our exposure on other transactions unrelated to you or yours and the spread of our exposure;
8.Our Response to this Application does not oblige us to enter into any transactions with yourselves;
9.In the event of Us Entering into a Transaction with You We shall require persons in Control of the Applicant to Sign Personal Surety in addition to any other Security;
10.Should your Application be unsuccessful, this does not mean we are unwilling to transact with You, it means we are unwilling to transact on the particular transaction you proposed, feel free to Apply to us on other qualifying transactions
11.By submitting this Application, you confirm that you have familiarised yourself with the nature of our Business and our Standard Terms and Conditions, Requirements, Restrictions and the like.
12.By submitting this application, you hereby declare that you are duly authorised to transact/act on behalf of the company and all information provided by yourself is true and correct.
13.You authorise ProfitShare Partners (Pty) Ltd to conduct any credit checks on the company and its directors.
14.You authorise ProfitShare Partners (Pty) Ltd to verify all information provided by You..
15.You permit ProfitShare Partners (Pty) Ltd to contact Your suppliers and Your customers..
16.If You were referred by a Lead Provider, You authorise ProfitShare Partners (Pty) Ltd to share your application status to the said Lead Provider.
By accepting these terms I hereby acknowledge that:
- I/we hereby declare that all Personal Information supplied to ProfitShare
Partners (Pty) Ltd is accurate, up-to-date, is not misleading and that it is
complete in all respects.
- I/we hereby undertake to immediately advise ProfitShare Partners (Pty) Ltd of
any changes to my/our Personal Information should any of these details change;
and
- I/we furthermore give ProfitShare Partners (Pty) Ltd permission to process and
store my/our Personal Information, as provided in the application, and
acknowledge that I/we understand the purposes for which it is required and for
which it will be used.
- ProfitShare Partners (Pty) Ltd would like to keep you updated on SME related
information from time to time. This information may be related to business news,
competitions, promotions, events and new funding products. You may unsubscribe
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