Terms and COnditions

FLS PRE-QUALIFICATION ENGAGEMENT DISCLOSURE DOCUMENT

AND WAIVER OF RIGHTS

The Franchise Candidate or Franchisee, henceforth known as the "Candidate", by acknowledging these Terms and Conditions, hereby engages Awesome Sauce Financial LLC dba FLS Funding, henceforth known as “FLS”, located at 301 W Platt Street, Suite 705, Tampa, FL 33606, to pre-qualify the Candidate for the SBA 7(a) and 504 loan programs. The entities identified above will collectively be referenced to as the “Parties” in this disclosure document.

The Candidate acknowledges that the Pre-qualification-Qualification process is solely meant to establish the Candidate's maximum possible loan amount through the SBA 7(a) and 504 programs.  The Candidate's Pre-qualification is solely based upon the financial information provided to FLS by the Candidate. Omission of material information could affect the pre-qualification amount or the Candidate’s eligibility for the programs. 

THE PRE-QUALIFICATION PROCESS IS FOR INFORMATIONAL PURPOSES ONLY

This Pre-qualification Engagement Disclosure does not constitute a legally binding contract.  This Pre-qualification Engagement Disclosure does not establish a contract or an agency agreement between the two parties. If the Candidate wishes to become a client of FLS, the Candidate will have to execute a FLS Client Agreement at a later time. Only when the FLS Client Agreement is executed by both parties will a contract or agency relationship between the two parties be established.

The FLS pre-qualification process is a service offered to the Candidate at no cost or obligation to the Candidate. 

The pre-qualification process and outcomes does not represent a commitment to lend, nor does it guarantee financing will be obtained for the Candidate. Any financial decisions made by the Candidate or any financial outcomes that occur to the Candidate, based upon the pre-qualification established by FLS is the sole financial responsibility of the Candidate. FLS is indemnified from any and all outcomes associated with the Candidate’s decision to move forward with the Franchisor or any other party and the Candidate acknowledges that FLS has no financial responsibilities nor liabilities of any kind.

If the Franchisor has deemed it appropriate to have the Candidate interact with FLS. FLS has agreed to interact with the Candidate at the request of the Franchisor. FLS will disclose and discuss all discoveries made during, and any outcomes of the pre-qualification process with the referring Franchisor. The Candidate has the right to seek finance pre-qualification and financing on their own without assistance from FLS. The Candidate is voluntarily engaging FLS for pre-qualification.

This disclosure does not establish a non-disclosure agreement between FLS and the Candidate.

All documents, forms, or agreements that the Candidate received from the Franchisor and are shared with FLS are not considered private or privileged information.

FLS will not transmit to the Franchisor the Candidate's personal documents without first receiving written permission from the Candidate.  The following is the list, in its entirety, of personal documents that will not be transmitted electronically or in print to the Franchisor without prior permission from the Candidate.

a. Personal Tax Returns

b. Personal Statements of Deposits

c. Investment Statements

d. Driver's License

e. Social Security Numbers

f. Affiliate Business Tax Returns

g. Affiliate Business Statements of Deposits

The Franchisor's decision to move forward with the Candidate is solely at the discretion of the Franchisor. In some occurrences, the Franchisor may elect to move forward with a Candidate, in which FLS may elect not to participate in the obtaining of financing.  In this instance, the Candidate will not become a client of FLS, and no contractual relationship will be established between the Candidate and FLS.  In this instance, FLS is indemnified from all financial outcomes of the Franchisor and Candidate's decision to move forward with each other without FLS’s involvement.  In this scenario, the Candidate acknowledges that the FLS Pre-qualification Letter issued to the Candidate has been retracted by FLS and is immediately no longer valid. 

WAIVER OF RIGHTS

BY SUBMITTING A "CONTACT US" FORM, A "GET PRE-QUALIFIED" FORM, OR AN "APPLY NOW" FORM VIA THIS WEBSITE, THE CANDIDATE ACKNOWLEDGES THIS FLS PRE-QUALIFICATION ENGAGEMENT DISCLOSURE AND WAIVER OF RIGHTS, THE CANDIDATE UNDERSTANDS THAT THIS SERVICE IS BEING PROVIDED TO THEM BY FLS AT NO COST AND IS VOLUNTARY. THE CANDIDATE VOLUNTARILY WAIVES THEIR RIGHTS AND UNDERSTANDS THE RIGHTS BEING WAIVED. ANY AND ALL LEGAL PROCEEDINGS WILL BE SOLEY BETWEEN THE FRANCHISOR AND THE CANDIDATE. THE CANDIDATE AGREES NOT TO INCLUDE OR INVOLVE FLS IN ANY LEGAL ACTIONS INCLUDING CIVIL, CRIMINAL, ARBITRATION, OR MEDIATION OF ANY KIND FOR ANY REASON IN ALL LEGAL JURISDICTIONS IN THE UNITED STATES OF AMERICA.