FAAS Funding Partner Program Agreement

1. Program

Partner refers business owners to FAAS for business funding (for example working capital, business lines of credit, SBA loans, equipment financing, invoice factoring and merchant cash advances). Real estate, DSCR and other mortgage-type loans, and LLC or vehicle services are not covered. FAAS is not a lender. Funding is provided by independent funding partners and is subject to their eligibility rules, underwriting and approval.

2. Approval and Referral Link

Signing up does not guarantee acceptance. FAAS reviews each signup and may approve or decline any applicant. Once approved, Partner receives a personal referral link and must send FAAS a completed IRS Form W-9 before any payout.

3. Commission

Partner earns a percentage of the referral fee FAAS actually receives on each funded business-funding deal Partner referred. The tier is based on the number of Partner’s referrals that funded in the last 12 months:

• A new tier applies to the deal that reaches it and to every later deal. Tiers are re-checked monthly.
• Commission is a share of FAAS’s fee, never a percentage of the loan. FAAS’s fee varies by deal and is not guaranteed.
• No commission is earned on deals that are declined, do not fund, or for which FAAS is not paid in full.
• If a funding partner reverses, refunds or claws back FAAS’s fee, Partner’s commission on that deal is deducted from future payouts.

4. Payment

• Commissions are paid monthly, on the 15th of the month after FAAS receives its fee, by ACH or check.
• The minimum payout is $100. Smaller balances roll over to the next month.
• Partner is responsible for its own taxes. FAAS issues a Form 1099 when required by law.

5. Referral Credit

• A referral is credited to Partner when the business owner submits FAAS’s form through Partner’s link, or when Partner introduces the business owner by email with info@faasfunding.com copied and FAAS confirms the introduction.
• If more than one partner refers the same business owner, the first credited referral counts. Credit lasts 12 months.
• Business owners who already contacted FAAS in the prior 12 months are not credited.

6. Partner Rules

• Disclose that you may be paid when you share your link, for example: “I may earn a referral fee if you get funded through FAAS Funding.”
• Never promise approval, rates, amounts or timing. Never say that you or FAAS is a lender.
• Do not charge business owners any fee related to their funding.
• Refer to FAAS Funding only. Do not use the name, logo or materials of any FAAS funding partner.
• Do not collect business owners’ documents or financial information. Send them to your link.
• No spam: no unsolicited bulk texts, calls or emails, no purchased leads, no fake reviews, and no paid search ads on “FAAS Funding” brand terms. Follow all applicable laws, including the FTC Endorsement Guides, the TCPA and CAN-SPAM.
• Licensed professionals (for example real estate agents, attorneys and CPAs) are responsible for their own industry and licensing rules on referral fees.

7. Relationship

Partner is an independent contractor, not an employee, agent or joint venturer of FAAS, and has no authority to bind FAAS or any funding partner. Partner has no claim against any FAAS funding partner for compensation.

8. Confidentiality

Partner will keep confidential any non-public information about FAAS, its funding partners and referred business owners, and will use it only for this program.

9. Term and Termination

Either party may end this Agreement at any time by written notice, including email. FAAS may end it immediately if Partner breaks these rules, in which case unpaid commissions on deals connected to the breach are forfeited. Otherwise, commissions earned on referrals made before termination are paid when FAAS receives its fee.

10. Changes

FAAS may change the program or this Agreement with 30 days’ notice by email. Changes do not reduce commissions already earned. Continuing to refer after the change date means Partner accepts the change.

11. Liability and Indemnity

FAAS is not liable for any funding partner’s decisions or for indirect or consequential damages. FAAS’s total liability under this Agreement is limited to commissions owed to Partner. Partner will indemnify FAAS against claims arising from Partner’s breach of this Agreement or violation of law.

12. General

This Agreement is the entire agreement about the program. Partner may not assign it without FAAS’s written consent. If any part is unenforceable, the rest remains in effect.

Questions: call (888) 688-5781 or email info@faasfunding.com.