Terms of Service

These Terms of Service ("Terms") constitute a legally binding agreement between you ("Borrower," "Applicant," or "you") and Union Capital Lending LLC, a California limited liability company ("Union Capital," "we," "us," or "our"), NMLS #252728.

By accessing our website at unioncapitallending.com, submitting a loan application, or accepting any loan offer, you acknowledge that you have read, understood, and agree to be bound by these Terms, our Privacy Policy, and any additional disclosures provided to you during the loan process.

If you do not agree to these Terms in their entirety, you must immediately cease using our services and website. Your continued use of our services constitutes your ongoing acceptance of these Terms as they may be amended from time to time.

To be eligible to apply for a loan through Union Capital Lending, you must meet all of the following requirements at the time of application and at the time of loan closing:

• Age: You must be at least 18 years of age. In states where the age of majority is higher, you must have attained that age.
• Residency: You must be a United States citizen, a permanent resident alien, or a non-permanent resident alien with a valid visa and U.S. Social Security Number (SSN) or Individual Taxpayer Identification Number (ITIN).
• Valid Identification: You must possess valid, government-issued photo identification (e.g., driver's license, state ID, passport).
• Bank Account: You must have an active checking or savings account at a federally insured financial institution to receive loan funds via ACH transfer.
• Income: You must have verifiable, regular income sufficient to support the requested loan obligation. Income may include wages, salary, self-employment income, retirement benefits, disability payments, alimony, or child support (you are not required to disclose alimony, child support, or separate maintenance income if you do not wish to have it considered).
• Credit: You must authorize a credit inquiry. Minimum credit requirements vary by loan product and are subject to change.
• Geographic Availability: Certain loan products may not be available in all states. We are currently licensed to lend in all 50 states and the District of Columbia; however, specific products may be restricted by state law.
• Bankruptcy: Applicants with an active bankruptcy proceeding or a discharge within the past 12 months (24 months for mortgage products) may not qualify.

Business loan applicants must additionally provide proof of business formation, operating history of at least 6 months (24 months for SBA products), and authorized representative identification.

3.1 Pre-Qualification

Our online pre-qualification tool uses a soft credit inquiry to provide estimated rate ranges and loan amounts. A soft inquiry does not affect your credit score and is not visible to other lenders. Pre-qualification results are not a guarantee of approval, a firm offer of credit, or a commitment to lend. Actual rates, terms, and loan amounts are determined during formal underwriting.

3.2 Formal Application

A formal loan application requires your written or electronic consent to a hard credit inquiry, which will appear on your credit report and may temporarily affect your credit score. You authorize Union Capital Lending to obtain your credit report and credit score from one or more consumer reporting agencies.

3.3 Documentation Requirements

To complete underwriting, you may be required to provide, without limitation:

• Government-issued photo identification
• Social Security Number or ITIN
• Proof of income (pay stubs, W-2 forms, tax returns, bank statements)
• Proof of residence (utility bill, lease agreement)
• Bank account and routing numbers for disbursement
• For mortgage applications: property address, purchase contract, homeowners insurance information
• For business loans: business tax returns (2–3 years), profit & loss statements, business bank statements, Articles of Incorporation or Organization
• For auto loans: vehicle information (VIN, make, model, year, mileage), dealer purchase agreement or private sale documentation

3.4 Accuracy of Information

You represent and warrant that all information provided in connection with your application is true, complete, and accurate to the best of your knowledge. Providing false, misleading, or incomplete information is a violation of federal law (18 U.S.C. § 1014) and may result in immediate loan termination, acceleration of the full outstanding balance, and referral to law enforcement.

3.5 Application Expiration

Loan applications expire 90 days from the date of submission. If your application has not resulted in a funded loan within 90 days, you must reapply. Rate locks, if offered, are valid for the period specified in your lock confirmation and are subject to the conditions stated therein.

By submitting a formal loan application, you authorize Union Capital Lending and its agents to:

• Obtain consumer reports (credit reports) and credit scores from Equifax, Experian, TransUnion, and/or other consumer reporting agencies;
• Verify your employment, income, and banking information;
• Request references and verify any information provided in your application;
• Share your information with third-party investors, servicers, or underwriters as necessary to evaluate and service your loan.

4.1 Adverse Action Notice

If your application is denied or you receive less favorable terms than requested, you have the right under the Fair Credit Reporting Act (FCRA), 15 U.S.C. § 1681 et seq., to receive a written adverse action notice within 30 days. The notice will identify the consumer reporting agency that provided the report and inform you of your right to obtain a free copy of your credit report from that agency within 60 days.

4.2 Right to Dispute

You have the right to dispute inaccurate information in your credit report directly with the consumer reporting agency. You may also contact us at the address below if you believe your adverse action was based on inaccurate information.

4.3 Use of Credit Score

In connection with your application, we may use your credit score to evaluate your creditworthiness. If a credit score is used, we will provide you with notice of the score and related information as required by the Dodd-Frank Wall Street Reform and Consumer Protection Act.

Union Capital Lending offers the following loan products. All parameters are subject to change, credit approval, and applicable state law:

* Representative example: A $25,000 personal loan with a 60-month term at 12.99% APR would have monthly payments of approximately $566. Total repayable: $33,960. Rates shown are the lowest available and require excellent credit. Your actual rate will depend on creditworthiness, income, debt-to-income ratio, loan amount, and term. Maximum APR is 35.99%.

6.1 Annual Percentage Rate (APR)

The Annual Percentage Rate (APR) represents the total cost of borrowing on an annual basis, including the interest rate and any applicable origination fees, expressed as a percentage. The APR you receive will be disclosed to you in your Loan Disclosure Statement before you accept any loan offer.

6.2 Fixed-Rate Loans

Fixed-rate loans carry an interest rate that does not change over the life of the loan. Your monthly payment of principal and interest will remain constant throughout the loan term, though your escrow payment (if applicable for mortgage products) may change annually based on changes in property taxes and insurance premiums.

6.3 Variable-Rate Loans

Variable-rate loans (including Home Equity Lines of Credit and certain business products) carry an interest rate tied to the Prime Rate as published in The Wall Street Journal. Your rate, and therefore your payment, may increase or decrease with changes in the index. We will provide you with advance notice of any rate adjustment as required by law. Your Loan Agreement will specify any rate caps (periodic and lifetime) applicable to your product.

6.4 Rate Lock

For mortgage products, we offer rate lock agreements for periods of 30, 45, or 60 days, subject to lock fees disclosed at the time of lock. A rate lock guarantees your interest rate for the specified period, provided your loan closes within that period and no material changes occur to your application. Rate locks are subject to the terms of a separate Rate Lock Agreement.

6.5 Rate Factors

Your interest rate is determined by multiple factors including but not limited to: credit score and history, debt-to-income (DTI) ratio, loan-to-value (LTV) ratio (for secured loans), loan amount, loan term, income, employment status, property type (for mortgage loans), and current market conditions.

All fees will be fully disclosed in your Loan Estimate (for mortgage products) or Loan Disclosure Statement (for all other products) prior to loan acceptance. You will not be charged any fee unless it has been disclosed to you in writing.

7.1 Origination Fee

An origination fee of 0% to 8% of the loan amount may be charged on personal, business, and debt consolidation loans, depending on your creditworthiness and loan terms. This fee is deducted from your loan proceeds at disbursement or, in some cases, rolled into the loan balance. The origination fee is included in the APR calculation.

7.2 Late Payment Fee

If a payment is not received within 15 calendar days of the due date, a late fee will be assessed. Late fees are the greater of $15.00 or 5% of the past-due payment, not to exceed the maximum amount permitted by applicable state law.

7.3 Returned Payment Fee (NSF)

If a scheduled payment is returned due to insufficient funds (NSF) or any other bank-initiated return, you will be charged a returned payment fee of $25.00 per occurrence, subject to applicable state law limits. We reserve the right to re-present the payment up to two additional times after the first failed attempt.

7.4 Prepayment Penalty

Union Capital Lending does not charge prepayment penalties on personal loans, auto loans, or debt consolidation loans. You may pay off your loan early, in whole or in part, at any time without penalty. For mortgage products, please review your Note for specific prepayment terms.

7.5 Third-Party Fees

For mortgage and home equity products, third-party fees are charged by outside vendors and are beyond our control. These include, but are not limited to, appraisal fees ($450–$850 typically), title search, title insurance, recording fees, survey fees, and government recording charges. These fees are disclosed on your Loan Estimate and/or Closing Disclosure.

7.6 No Hidden Fees

We are committed to transparency. We will never charge you a fee that has not been previously disclosed in writing. If you believe you have been charged an undisclosed fee, please contact us immediately at (217) 828-7205.

8.1 Disbursement Method

Approved loan funds are disbursed via ACH (Automated Clearing House) electronic transfer directly to your designated bank account, unless otherwise required by the loan product (e.g., auto loans may be issued as a draft payable to a dealer; mortgage loans are disbursed through escrow at closing).

8.2 Disbursement Timing

Following final approval and execution of all required loan documents:

• Personal and Debt Consolidation Loans: Funds typically deposited within 1–3 business days of loan signing.
• Auto Loans: Funds or dealer drafts issued within 1–2 business days of loan signing and completion of title documentation.
• Business Loans: Funds typically deposited within 2–5 business days depending on loan size and documentation requirements.
• Mortgage Loans: Funds disbursed at or after closing pursuant to applicable state law (including applicable right-of-rescission periods for refinance transactions).

8.3 Right of Rescission

For refinance transactions secured by your primary residence, federal law (Truth in Lending Act, Regulation Z) grants you a three-business-day right to rescind the transaction after loan closing. You may cancel the loan without penalty within this period by notifying us in writing. Disbursement of funds will not occur until the rescission period expires.

9.1 Payment Schedule

Your Loan Agreement will specify your payment due date, payment amount, number of payments, and the total amount payable. Your first payment is generally due 30 days from the date of disbursement (or loan closing, for mortgage products).

9.2 AutoPay

We strongly encourage enrollment in AutoPay. When you enroll in AutoPay, payments are automatically debited from your designated bank account on each due date. Eligible borrowers who enroll in AutoPay may receive an interest rate discount of up to 0.25%, as disclosed in your Loan Agreement.

9.3 Manual Payments

Payments may also be made by:

• Online through your Union Capital Lending borrower portal at unioncapitallending.com;
• Phone by calling (217) 828-7205 (phone payment fees may apply — currently $7.00 per transaction);
• Mail by personal check or money order payable to "Union Capital Lending" at the address in Section 20.

9.4 Payment Allocation

Unless otherwise required by applicable law, payments will be applied in the following order: (1) outstanding fees and charges; (2) accrued unpaid interest; (3) principal balance.

9.5 Amortization

All fixed-rate installment loans are fully amortizing, meaning each payment covers accrued interest plus a portion of the principal, and the loan will be paid in full at the end of the scheduled term.

You may prepay your loan, in whole or in part, at any time without incurring a prepayment penalty on personal, auto, and debt consolidation loan products. Partial prepayments will reduce your principal balance but will not automatically reduce your monthly payment amount or shorten your scheduled loan term unless you request a loan re-amortization in writing.

For mortgage products, please refer to your Note for prepayment provisions specific to your loan program. In general, conventional, FHA, and VA mortgages originated by Union Capital Lending do not carry prepayment penalties.

11.1 Grace Period

Payments received within 15 calendar days after the due date are considered late but will not incur a late fee if brought current within that window. However, accrued daily interest continues to accumulate on the outstanding balance during this period.

11.2 Credit Reporting

Union Capital Lending reports payment history to major consumer reporting agencies (Equifax, Experian, TransUnion). Payments more than 30 days past due will be reported as delinquent and may significantly and negatively impact your credit score.

11.3 Events of Default

You will be in default under your Loan Agreement upon the occurrence of any of the following:

• Failure to make any payment within 30 days of the due date;
• Discovery that any representation made in connection with your application was materially false or misleading;
• Filing of a voluntary or involuntary petition in bankruptcy;
• Assignment for the benefit of creditors or appointment of a receiver;
• Death of the borrower (for unsecured products; estate obligations may apply);
• For secured loans: destruction, sale, or transfer of collateral without our prior written consent; failure to maintain required insurance on collateral;
• For mortgage loans: failure to pay property taxes or maintain required homeowners insurance.

11.4 Remedies Upon Default

Upon default, we reserve the right, subject to applicable state law and required notice periods, to accelerate the full outstanding balance, report the delinquency to consumer reporting agencies, initiate collection proceedings, pursue legal action, repossess collateral, or charge off the account.

11.5 Hardship Programs

If you are experiencing financial hardship, please contact us immediately at (217) 828-7205. We offer payment deferral, loan modification, or temporary forbearance. Availability of hardship programs is at our discretion and subject to applicable investor and regulatory guidelines.

12.1 Secured Loans — Auto

For auto loans, a security interest in the financed vehicle will be perfected in accordance with the laws of the applicable state, typically by notation on the certificate of title. You agree to keep the vehicle free of other liens and encumbrances, maintain comprehensive and collision insurance with Union Capital Lending listed as lienholder, and not sell or transfer the vehicle without our prior written consent.

12.2 Mortgage & Home Equity

Mortgage and home equity products are secured by a lien on real property. You grant us a mortgage, deed of trust, or security deed (as applicable under state law) on the subject property. You must maintain hazard insurance naming us as mortgagee/loss payee, pay all property taxes when due, and maintain the property in good condition.

12.3 Business Loans

Business loans $100,000 or greater are generally secured by a blanket lien on business assets, perfected by a UCC-1 Financing Statement filed with the applicable Secretary of State. Larger loans may additionally require real property collateral, equipment liens, or personal guarantees from principals owning 20% or more of the business.

In accordance with the Electronic Signatures in Global and National Commerce Act (E-SIGN Act) and applicable state electronic transaction laws, you consent to receive all loan documents, disclosures, notices, and communications electronically via email or through our online borrower portal.

To access electronic documents, you need: a device with internet access; a current web browser (Chrome, Firefox, Safari, or Edge); Adobe Acrobat Reader or equivalent PDF reader; and a valid email address. You may withdraw electronic consent at any time by contacting us at (217) 828-7205, though withdrawal of consent may delay your loan processing. Paper copies are available upon request at no charge.

Your electronic signature (including a checkbox click, button click, or typed name) has the same legal effect as a handwritten signature.

Union Capital Lending is an Equal Housing Lender and complies fully with the Equal Credit Opportunity Act (ECOA), 15 U.S.C. § 1691 et seq., and its implementing regulation, Regulation B (12 C.F.R. Part 202). We do not discriminate against any applicant on the basis of:

• Race, color, religion, national origin, or sex;
• Marital status or age (provided you are of legal contracting age);
• Receipt of income from any public assistance program;
• Good-faith exercise of any right under the Consumer Credit Protection Act.

Your privacy is important to us. The collection, use, and protection of your personal and financial information are governed by our Privacy Policy, which is incorporated herein by reference. Key provisions include:

• We collect personal, financial, and credit information as necessary to process your loan application and service your account;
• We share information with affiliated companies, service providers, and, with your consent or as required by law, with third parties;
• We do not sell your personal information to unaffiliated third parties for their marketing purposes;
• We use bank-level 256-bit AES encryption and multi-factor authentication to protect your data;
• You have rights under applicable state privacy laws, including the California Consumer Privacy Act (CCPA), to access, delete, or opt out of sale of your personal information.

For our complete privacy practices, please review our Privacy Policy.

16.1 Mandatory Arbitration

Except as set forth below, any dispute, claim, or controversy arising out of or relating to these Terms, your loan application, your Loan Agreement, or our services, including questions of arbitrability, shall be resolved by binding arbitration administered by the American Arbitration Association (AAA) under its Consumer Arbitration Rules. The arbitration shall be conducted by a single arbitrator. The arbitrator's decision shall be final and binding and may be entered as a judgment in any court of competent jurisdiction.

16.2 Class Action Waiver

To the fullest extent permitted by applicable law, you waive your right to participate in a class action lawsuit or class-wide arbitration. All claims must be brought in your individual capacity, and not as a plaintiff or class member in any purported class or representative proceeding.

16.3 Exceptions

The arbitration requirement does not apply to: (a) individual claims properly brought in small claims court; (b) claims to enforce a security interest in collateral; (c) enforcement of our right to collect amounts owed to us; or (d) injunctive or other equitable relief necessary to protect either party's intellectual property rights or prevent imminent harm.

16.4 Opt-Out

You may opt out of the arbitration provision within 30 days of first accepting these Terms by sending written notice to: Union Capital Lending, Attn: Legal Department, 1621 E. 17th St., Suite G, Santa Ana, CA 92705. Opting out does not affect any other term of this agreement.

16.5 Governing Law

These Terms shall be governed by the laws of the State of New York without regard to its conflict-of-law provisions. Federal law shall govern to the extent applicable. You consent to exclusive jurisdiction in the state and federal courts located in New York County, New York for any non-arbitrated claims.

To the maximum extent permitted by applicable law, Union Capital Lending, its officers, directors, employees, agents, and affiliates shall not be liable for any indirect, incidental, special, consequential, or punitive damages arising from or related to your use of our services or these Terms, including loss of profits, data, or goodwill, even if advised of the possibility of such damages.

Our total liability to you for any claims arising under these Terms shall not exceed the total amount of fees paid by you to Union Capital Lending in the 12 months preceding the claim.

Some jurisdictions do not allow the exclusion or limitation of incidental or consequential damages, so the above limitations may not apply to you.

Nothing in these Terms shall limit our liability for (a) death or personal injury caused by our negligence; (b) fraud or fraudulent misrepresentation; or (c) any liability that cannot be lawfully excluded under applicable law.

We reserve the right to modify these Terms at any time. We will provide at least 30 days' notice of material changes by:

• Posting the updated Terms on our website with a revised "Last Updated" date;
• Sending notice to the email address on file for your account.

Your continued use of our services after the effective date of any modification constitutes acceptance of the revised Terms. If you do not agree to the modified Terms, you must cease using our services. Modifications will not apply retroactively to existing funded loans, which are governed by your specific Loan Agreement.

Union Capital Lending LLC is licensed or registered to conduct lending business in all 50 states and the District of Columbia. Our primary NMLS identification number is #XXXXXX. To verify our licenses, visit the NMLS Consumer Access website at nmlsconsumeraccess.org.

State-Specific Disclosures

• California: Loans are made or arranged pursuant to a California Financing Law license, License #XXXXXXXX. The California Department of Financial Protection and Innovation (DFPI) supervises us.
• New York: Licensed Mortgage Banker — NYS Department of Financial Services. Mortgage Banker Registration: XXXXXXXX.
• Texas: Regulated by the Texas Department of Savings and Mortgage Lending. Complaints may be directed to 2601 N. Lamar, Suite 201, Austin, TX 78705.
• Florida: Licensed as a Mortgage Lender by the Florida Office of Financial Regulation, License #XXXXXXXXX.
• New Jersey: Licensed Mortgage Banker — New Jersey Department of Banking and Insurance.
• All States: State-specific rate caps, fee limits, and consumer protections may apply. Where state law is more protective than these Terms, state law shall govern.

Federal Regulatory Compliance

Union Capital Lending complies with all applicable federal consumer lending laws, including but not limited to: Truth in Lending Act (TILA / Regulation Z); Real Estate Settlement Procedures Act (RESPA / Regulation X); Equal Credit Opportunity Act (ECOA / Regulation B); Fair Credit Reporting Act (FCRA); Home Mortgage Disclosure Act (HMDA); Bank Secrecy Act / Anti-Money Laundering (BSA/AML); and the Military Lending Act (MLA). We are subject to oversight by the Consumer Financial Protection Bureau (CFPB).

Military Lending Act Notice

For questions about these Terms, your loan application, or your account, please contact us through any of the following channels:

To submit a formal complaint, please visit our Contact Page or write to our Compliance Department at the mailing address above, Attn: Compliance.