Business Credit Building Service Agreement
This Business Credit Building Service Agreement ("Agreement") is entered into between Elite Approvals ("Company") and the undersigned client ("Client") for the purpose of providing business credit consulting and credit-building guidance services. WHEREAS, Client desires to retain Company for guidance in establishing and strengthening business credit under Client's business identity; WHEREAS, Company agrees to provide such services under the terms of this Agreement; NOW THEREFORE, the parties agree as follows:
Section 1: Scope of Services
- Review Client's current business credit profile and formation status (EIN, D-U-N-S number, business bank account, and similar foundational items).
- Provide guidance on establishing vendor and trade accounts that report to business credit reporting agencies.
- Provide monthly check-ins and progress updates on Client's business credit-building activity.
- Provide general education on maintaining and growing business credit responsibly over time.
Section 2: Fees & Payment
Client agrees to pay an enrollment/setup fee of $199, due in full at signing, followed by a recurring monthly service fee of $129, billed monthly to the payment method Client provides. Client authorizes Company to bill the monthly fee on a recurring basis until this Agreement is terminated in accordance with the Term & Cancellation section below.
Section 3: No Guarantee / Disclaimers
Company does not guarantee a specific business credit score, approval for any vendor account, trade line, credit facility, or loan. Business credit outcomes depend on factors outside Company's control, including the underwriting criteria of individual vendors and lenders, and Client's own business financial history and payment conduct. Company provides guidance and education only, and does not act as a lender, guarantor, or co-signer for any account.
Section 4: Client Responsibilities
- Provide accurate and current business information (EIN, formation documents, banking details) as reasonably requested by Company.
- Apply for and responsibly maintain any vendor or trade accounts opened as part of this engagement, in good standing.
- Respond to Company's requests for updates or documentation within a reasonable time.
Section 5: Term & Cancellation
This is a month-to-month service with no fixed end date. Client may cancel the recurring monthly service at any time by providing written notice to Company; cancellation takes effect at the end of the then-current billing period. The one-time enrollment/setup fee is non-refundable once services have begun, except as required by applicable law.
Section 6: Independent Contractor Relationship
The relationship between Client and Company is that of independent parties. Nothing in this Agreement creates a partnership, joint venture, employment relationship, or fiduciary relationship. Neither party has authority to bind the other except as expressly stated in this Agreement.
Section 7: Limitation of Liability
To the fullest extent permitted by applicable law, Company and its owners, employees, contractors, and representatives shall not be liable for indirect, incidental, special, or consequential damages arising from the performance of services under this Agreement. Company's total liability, if any, shall not exceed the total amount actually paid by Client to Company under this Agreement. Nothing in this Agreement limits any rights or protections provided to Client under applicable federal or state consumer protection law.
Section 8: Governing Law
This Agreement shall be governed by and interpreted according to the laws of the State of Florida. Any dispute arising from this Agreement shall first be addressed through good-faith communication between the parties before either party pursues other available remedies.
Section 9: Entire Agreement & Severability
This Agreement represents the complete understanding between Client and Company regarding the services described above and replaces all prior discussions or proposals relating to those services. Any changes must be made in writing and agreed to by both parties. If any provision of this Agreement is found invalid or unenforceable, the remaining provisions shall continue in full effect.
Section 10: Electronic Signature Agreement
This Agreement may be executed electronically. Client acknowledges that an electronic signature has the same legal effect as a handwritten signature. By signing electronically, Client confirms that Client has read, understands, and agrees to the terms of this Agreement.
Section 11: Client Right to Cancel
Client may cancel this Agreement without penalty within three (3) business days after signing, provided Company has not yet begun substantive work or made a third-party placement on Client's behalf. Any payment received during that window will be refunded within ten (10) days of Company receiving the cancellation notice.
