Disclosures

1. About these disclosures

These disclosures apply to reddy.capital and the services offered by Red Growth Capital LLC, doing business as Reddy Capital ("Reddy Capital," "we," "us" or "our"). They supplement our Terms of Service and Privacy Policy, which also apply when you use this site. By using the site, you agree to them.

2. Business-purpose financing only

Reddy Capital provides revenue-based financing ("RBF") to businesses for business purposes only. We do not offer financing for personal, family or household purposes, and nothing on this site is directed to consumers.

3. How revenue-based financing works

With RBF, a business receives funds and pays back a fixed total amount through a sales split, an agreed percentage of its sales, as set out in the RBF agreement it signs with us. The funded amount, the total amount payable, the sales split percentage, how and when payments are collected, and all other terms are set only in that signed agreement.

Reddy Capital is not a bank. RBF is not available in all states, and it is subject to underwriting and approval. Submitting an application does not guarantee approval, a particular amount, or a particular funding time.

4. Factor rates and cost

The cost of RBF is often expressed as a factor rate: a multiple of the funded amount that sets the total amount payable. For example, $50,000 at a factor rate of 1.20 means a total of $60,000 is payable. A factor rate is not an annual percentage rate (APR) or an interest rate, and it should not be compared directly with one. We encourage you to compare the total cost of any financing you consider.

5. State commercial financing disclosures

A number of states, including California, New York, Utah, Virginia, Georgia, Florida, Connecticut, Kansas, Missouri and Texas, have laws that require providers of commercial financing to register or to give specific cost disclosures before a business signs. Where one of these laws applies to your transaction, we provide the required disclosures at the time and in the manner the law requires, separately from this website.

Nothing on this site is a specific offer of commercial financing. Any offer we make will be presented to you with the disclosures that apply to it.

6. Illustrative figures, examples and testimonials

Amounts, factor rates, timelines, statistics and examples shown on this site are illustrative and are not a promise of any terms. Testimonials and case studies describe the experience of particular businesses; your results and terms will depend on your business and our underwriting.

7. ISOs and referral partners

Independent sales organizations (ISOs) and referral partners who introduce businesses to us may be compensated by Reddy Capital. Partners are independent businesses, not our agents, and cannot approve financing or change its terms.

8. Credit inquiries

Reviewing an application and making an offer does not require a hard credit inquiry. When you accept an offer, we may obtain a consumer credit report on business owners and business credit reports on the business, with your authorization. See our Privacy Policy for how we use this information.

9. Accuracy of website content

We work to keep this site accurate, but its content may contain errors or become out of date, and we may change it, or the products described on it, at any time without notice. The content is general information only. It is not financial, tax or legal advice, and it is not a commitment to provide financing. Warranty disclaimers and limits on our liability are set out in our Terms of Service.

10. Unsolicited ideas and proposals

We do not accept unsolicited proposals, such as ideas for products, services, advertising, names or designs. If you send one anyway, you agree that it is not confidential and that we may use it for any purpose without obligation to you. This does not apply to information you provide in an application, which we handle as described in our Privacy Policy.

11. Third-party names and links

Names and logos of other companies shown on this site, such as Plaid, belong to their owners and are used only to identify their services. Links to other websites are provided for convenience; we do not control and are not responsible for those sites.

12. Contact us

Questions about these disclosures can be sent to Red Growth Capital LLC, dba Reddy Capital, at legal@reddy.capital or 1-833-61-REDDY.