Terms of use

Transparent is a trade name of Transparent Capital LLC, a New Jersey limited liability company, at 971 US-202 Ste A, Branchburg, NJ 08876.

We are a debt placement agent, not a lender. We do not fund loans, purchase receivables, or make credit decisions. All financing is provided by third-party lenders, funders and factors, each of which makes its own independent credit decision and sets its own terms. We are not a licensed lender; licensing requirements for loan brokers vary by state.

We are not affiliated with the U.S. Small Business Administration. References to SBA 7(a) and 504 describe loan programs offered by SBA-participating lenders.

Submitting a file is not an application for credit and does not guarantee an offer. A bankability memo is our own assessment — not a commitment to lend, a credit decision, or an approval. Nothing on this site is an offer of credit or a solicitation of an offer.

Transparent charges no fee unless a facility closes, at which point a success fee of 3–4% of the facility is due under a written engagement agreement entered into before we approach any lender. On SBA transactions Transparent's compensation is governed by SOP 50 10 8 and is paid by the lender, not the applicant. Where compensation is received from a lender or funder, it is disclosed to you in writing on SBA Form 159.

No fee is earned unless and until a facility closes, and the specific arrangement for your transaction is set out in a written engagement agreement entered into before we approach any lender. Where a transaction is placed under an SBA program, our compensation is limited by the applicable SBA rules and disclosed on the SBA’s own fee-disclosure form.

The calculators and published data on this site — capital stack, rate check, borrowing power, lender rate tables and the industry guides — are illustrations built from your inputs and from public data. They are not offers, quotes, approvals, appraisals or valuations, and they do not account for your full circumstances.

• Figures drawn from government files are reductions of a public record, dated on the page. Rates and terms change.
• Comparisons between lenders are medians across different borrowers, not a prediction of what you would be offered.
• Nothing here is legal, tax, accounting or investment advice. Get your own advisers.

Sign-in codes are personal to you; keep your email account secure and tell us immediately if you believe someone else has reached your file. By uploading documents you confirm you have the authority to share them and that they are accurate and complete so far as you know. We rely on what you give us — a placement built on an inaccurate file fails late and expensively.

You keep ownership of everything you upload. You grant us the licence needed to underwrite it, build your memo and teaser, and share it with lenders in the manner described in the privacy policy — which is to say, only as you approve.

• Do not submit information that is not yours to submit, or that is false or misleading.
• Do not attempt to reach another account's file, probe the service for vulnerabilities, or scrape it at scale.
• Do not republish our materials as your own. The site, its text, tools and the specimen documents are ours.

Lenders, funders and factors are independent third parties. We do not control their decisions, their terms, their timing or their conduct, and we are not responsible for them. Any agreement you sign with a lender is between you and that lender.

The site and the tools are provided “as is,” without warranties of any kind to the fullest extent the law allows. To the fullest extent permitted by law, Transparent Capital LLC is not liable for indirect, incidental, special or consequential damages, or for lost profits or lost financing, arising out of your use of the site or the tools; and our total liability relating to the site is limited to the fees you have actually paid us in the twelve months before the claim. Nothing here limits liability that cannot lawfully be limited.

These terms are governed by the laws of the State of New Jersey, without regard to its conflict-of-laws rules, and the state and federal courts sitting in New Jerseyhave exclusive jurisdiction over any dispute arising from them.

We may update these terms; material changes are posted here with a new effective date. Questions go to carmine@transparentcap.com.

Transparent Capital LLC, 971 US-202 Ste A, Branchburg, NJ 08876
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