Terms & Conditions

Welcome to Pennysdream Inc ("Company," "we," "us," or "our"). These Terms and Conditions ("Terms") govern your use of our website pennys-dream.com and the services we provide. By accessing or using our website and services, you agree to be bound by these Terms.

Please read these Terms carefully. If you do not agree with any part of these Terms, you must not use our website or services.

1. Acceptance of Terms

By accessing our website, submitting an inquiry, or applying for any of our financial products, you acknowledge that you have read, understood, and agree to be bound by these Terms, as well as our Privacy Policy.

We reserve the right to modify these Terms at any time. Changes will be effective immediately upon posting to the website. Your continued use of our services after any changes constitutes your acceptance of the revised Terms.

2. Eligibility

To use our services, you must:

• Be at least 18 years of age
• Be authorized to represent the business entity seeking financing
• Provide accurate and complete information in all applications and communications
• Operate a legally compliant business in good standing

We reserve the right to refuse service to anyone for any lawful reason, including but not limited to suspected fraud, misrepresentation, or failure to meet our underwriting criteria.

3. Services Offered

Pennysdream Inc is a direct business lender offering various financing solutions, including but not limited to:

• Working capital loans
• Revenue-based financing
• Equipment financing
• Commercial real estate financing
• Business expansion funding

All financing is subject to our underwriting criteria and approval. Information provided on our website is for informational purposes only and does not constitute a commitment to lend or an offer of credit. Specific terms, rates, and conditions will be disclosed in writing upon approval.

4. Application Process

Submission of Information

When you submit an application or inquiry, you represent and warrant that:

• All information provided is true, accurate, and complete
• You have the authority to bind the business entity on whose behalf you are applying
• You will promptly update us if any information changes

Credit and Background Checks

By submitting an application, you authorize us to obtain credit reports, financial records, and conduct background checks on you and your business. You also authorize us to verify information with third parties, including but not limited to banks, suppliers, and credit bureaus.

No Guarantee of Approval

Submission of an application does not guarantee approval or funding. We evaluate each application based on our underwriting criteria, which may include revenue history, credit profile, industry risk, and other factors. We reserve the right to decline any application without providing a detailed explanation.

5. SMS Text Messaging Terms & Conditions

By providing your mobile phone number and expressly consenting to receive SMS/MMS messages, you agree to receive recurring marketing and promotional text messages from Pennysdream Inc sent using an automated telephone dialing system (ATDS). These messages may include offers, updates, and information about our financial products and services.

Message Frequency and Charges

Message frequency varies; you may receive up to 4 messages per month. Message and data rates may apply based on your mobile carrier's plan. Pennysdream Inc is not responsible for carrier charges.

Opt-Out Instructions

You may opt out of receiving text messages at any time by replying STOP to any message we send. After opting out, you will receive one final confirmation message. You may also opt out by contacting us at penny@pennys-dream.com.

Help and Support

If you need assistance or have questions about our text messaging program, reply HELP to any message or contact us at penny@pennys-dream.com.

Consent Not Required for Purchase

Consent to receive text messages is NOT a condition of purchase or use of our lending services. You may apply for and receive financing without opting in to text messages.

Carrier Compatibility

Our text messaging service is available on all major U.S. carriers, including AT&T, Verizon, T-Mobile, and Sprint. We are not responsible for delays or failures in message delivery caused by your mobile carrier.

6. Loan Terms and Repayment

If your application is approved, you will receive a formal loan agreement or financing contract outlining the specific terms of your funding, including:

• Principal amount
• Interest rate or factor rate
• Repayment schedule
• Fees and charges
• Prepayment terms (if applicable)
• Default and remedies

You agree to review and sign the formal agreement before funds are disbursed. The terms in that agreement will govern the lending relationship and supersede any general statements made on our website or in marketing materials.

Repayment Obligations

You are responsible for making all payments on time in accordance with the terms of your agreement. Failure to make timely payments may result in late fees, default interest, and reporting to credit bureaus. We reserve the right to pursue all legal remedies available to collect amounts owed, including but not limited to collection agencies, garnishment, and legal action.

7. Fees and Charges

We are committed to transparency in all fees and charges. All fees will be disclosed in writing before you agree to any financing. Fees may include:

• Origination fees
• Document preparation fees
• Late payment fees
• Returned payment fees
• Third-party appraisal or inspection fees (for real estate or equipment financing)

We do not charge hidden fees. All costs will be clearly outlined in your loan agreement.

8. Intellectual Property

All content on our website, including text, graphics, logos, images, and software, is the property of Pennysdream Inc or its licensors and is protected by copyright, trademark, and other intellectual property laws.

You may not reproduce, distribute, modify, or create derivative works from any content on our website without our express written permission.

9. Prohibited Uses

You agree not to use our website or services for any unlawful or prohibited purpose, including but not limited to:

• Providing false or misleading information
• Attempting to defraud or deceive us or our partners
• Engaging in any activity that interferes with or disrupts our website or services
• Using automated systems (bots, scrapers) to access our website
• Violating any applicable laws or regulations

Violation of these prohibitions may result in termination of your access to our services and legal action.

10. Disclaimers and Limitation of Liability

No Warranties

Our website and services are provided "as is" and "as available" without warranties of any kind, either express or implied, including but not limited to warranties of merchantability, fitness for a particular purpose, or non-infringement.

Limitation of Liability

To the fullest extent permitted by law, Pennysdream Inc and its officers, directors, employees, and agents shall not be liable for any indirect, incidental, special, consequential, or punitive damages arising out of or related to your use of our website or services, even if we have been advised of the possibility of such damages.

In no event shall our total liability to you exceed the amount of fees actually paid by you to us in the twelve (12) months preceding the event giving rise to the claim.

11. Indemnification

You agree to indemnify, defend, and hold harmless Pennysdream Inc and its affiliates, officers, directors, employees, and agents from and against any claims, liabilities, damages, losses, costs, or expenses (including reasonable attorneys' fees) arising out of or related to:

• Your use of our website or services
• Your violation of these Terms
• Your violation of any third-party rights
• Any misrepresentation or fraud committed by you

12. Governing Law and Dispute Resolution

These Terms shall be governed by and construed in accordance with the laws of the State of North Carolina, without regard to its conflict of law principles.

Arbitration

Any dispute arising out of or relating to these Terms or our services shall be resolved through binding arbitration in accordance with the rules of the American Arbitration Association. The arbitration shall be conducted in Waxhaw, North Carolina, or remotely if agreed by both parties.

You waive your right to participate in class action lawsuits or class-wide arbitration.

13. Severability

If any provision of these Terms is found to be invalid or unenforceable, the remaining provisions shall continue in full force and effect.

14. Entire Agreement

These Terms, together with our Privacy Policy and any formal loan agreements, constitute the entire agreement between you and Pennysdream Inc regarding the use of our website and services.

15. Contact Information

If you have any questions or concerns regarding these Terms, please contact us:

These Terms & Conditions were last updated on January 1, 2025.