Terms and Conditions
Effective Date: 03/0402025
Welcome to 1st Merchant Solutions. These Terms and Conditions (“Terms”) govern your use of our website, services, and any financial products we offer. By accessing or using our website and services, you agree to be bound by these Terms. If you do not agree with any part of these Terms, you should not use our services.
1. Eligibility
By using our services, you confirm that:
• You are at least 18 years old and legally able to enter into a binding agreement.
• You are authorized to act on behalf of the business seeking funding.
• All information you provide is accurate and complete.
2. Use of Services
1st Merchant Solutions provides business funding services, including but not limited to term loans, merchant cash advances (MCAs), and business lines of credit. By using our services, you agree to:
• Use the services only for legitimate business purposes.
• Provide accurate and complete information during the application process.
• Not use the services for any unlawful or fraudulent activity.
3. Application and Approval Process
• Submitting an application does not guarantee approval.
• We may request additional documentation or verification to complete the approval process.
• Approval decisions are based on a combination of creditworthiness, business financial health, and other risk factors.
• Funding terms, rates, and amounts may vary based on individual business profiles and market conditions.
4. Fees and Payment Terms
• All applicable fees and payment terms will be disclosed to you before you accept funding.
• Late payments, defaults, or insufficient funds may result in additional fees and penalties.
• Early repayment may be allowed without penalties, but terms may vary depending on the funding agreement.
5. Confidentiality and Privacy
• We take your privacy seriously and will handle your information in accordance with our Privacy Policy.
• By using our services, you consent to the collection and use of your information for the purpose of processing and managing your funding application.
• We will not sell or share your personal or business information with third parties without your consent, except as required by law.
6. Intellectual Property
All content on this website, including text, graphics, logos, and software, is the property of 1st Merchant Solutions and protected by copyright laws. You may not copy, distribute, modify, or create derivative works from any part of our website or services without our express written permission.
7. Disclaimers
• Our services are provided “as is” and “as available.” We make no warranties, express or implied, regarding the availability, accuracy, or completeness of the services.
• We are not responsible for any loss or damage resulting from technical issues, website outages, or errors in the information provided.
• Funding terms and availability are subject to market conditions and internal approval policies.
8. Limitation of Liability
To the fullest extent permitted by law:
• 1st Merchant Solutions is not liable for any indirect, incidental, or consequential damages arising from your use of our services.
• Our total liability for any claim related to our services will not exceed the total amount of fees you have paid to us.
• We are not liable for any business losses or lost opportunities resulting from funding decisions.
9. Indemnification
You agree to defend, indemnify, and hold harmless 1st Merchant Solutions, its affiliates, and employees from any claims, liabilities, damages, or losses arising from:
• Your breach of these Terms.
• Misuse of our services.
• Violation of any applicable laws or regulations.
10. Termination
We may suspend or terminate your access to our services at any time, without notice, if we determine that:
• You have violated these Terms.
• Fraudulent or misleading information has been provided.
• Your business activity presents a financial or reputational risk to 1st Merchant Solutions.
11. Governing Law
These Terms and any disputes arising from them will be governed by the laws of the State of [Insert State], without regard to its conflict of law provisions.
12. Changes to Terms
We reserve the right to modify or update these Terms at any time. Any changes will be effective upon posting to our website. It is your responsibility to review these Terms periodically for updates.
13. Contact Information
If you have any questions or concerns about these Terms, please contact us at:
1st Merchant Solutions
Phone: (844) 228-0593
Email: jeff@nbmcnj.com
By using our services, you acknowledge that you have read, understood, and agreed to these Terms and Conditions.
