Terms and Conditions

 

General 

These Terms of Use constitute a binding legal agreement between you and Prestala LLC. These Terms of Use determine the way we conduct our business with you and govern your use of the Site and our services.

The words “the Site” or “Website” refers to https://www.prestala.com / (“URL”), all pages contained within the URL or linked thereto, and all linked subdomains, mobile applications, or on-line forms.

The words “Prestala LLC”, “Prestala”, “we”, “our,” or “us” includes Prestala LLC and its affiliates, vendors, partners, representatives, employees, and other personnel involved with Prestala LLC, unless specifically distinguishing Prestala from our partners or affiliates.

The use of the words “you”, “user”, “visitor”, or “applicant” means anyone who accesses or otherwise interacts with the Site and our services.

Acceptance of Terms

By accessing the Site you are asserting you have carefully read, understand, and agree to be bound by these Terms of Use, which also includes Prestala’s Privacy Policy found here: Privacy Policy.

If you wish to have access to and participate in the products or services provided by Prestala then you must read this agreement carefully.  If you do not agree to any of these Terms of Use and Privacy Policy, in whole or in part, then you must not use the Site or any of Prestala’s services and immediately discontinue accessing the Site.

You may enter funding agreements for products or services that exist separately, but any such agreement does not replace or invalidate, the terms set forth in these Terms of Use.  Any funding agreement shall take precedence in the event of a conflict with these Terms of Use.

If you have any questions about the Terms of Use or Privacy Policy, then you may contact us at admin@prestala.com.

Eligible Users and Acknowledgements

You may not use the Prestala Site services, or products if you are under 18 years of age or if you are not a legal citizen of the United States.

Your access to our Site and services may be terminated without warning if we believe, in our sole discretion, that you are less than 18 years of age or not a United States citizen.

In addition, by using the Website, you are affirming that;

  • You accept sole responsibility for any and all of your activities and conduct while using this Site.
  • You are responsible for ensuring that you do not violate any applicable federal or state laws or statutes, including copyright laws, when using this Site.
  • You will not transmit or upload viruses, worms or any other destructive or malicious code or executable program to the Website.
  • You will not use bots to engage in Prestala’s Site or services.

By submitting information to Prestala, either via the use of a third-party you have authorized to submit information on your behalf, or through verbal or electronic communication directly with us, you are further affirming that;

  • You are authorized to act on behalf of your business or company and able to bind such entity.
  • You are not misrepresenting yourself, your business, or any information related to your current financial accounts.
  • All information provided by you or your business partner(s) is true, accurate, current, and complete, and that you will maintain the accuracy of that information.
  • Any funds that you receive through Prestala shall be used exclusively for business and not personal use.
  • Your use of our products or services does not violate any applicable law or regulation.
  • You will not use the services for any illegal, immoral or unauthorized purpose.
  • You assume all liability for the information you provide.

Use of Site Restrictions

You assume all risk and responsibility for your conduct on the Site and use of our services, including any risk associated with your interactions with third-parties, and hereby waive all claims or actions against Prestala.

You agree that Prestala is making no commitment or guarantee that any service, product, evaluation, or guidance provided by Prestala will result in approval for business funding. You acknowledge that by engaging or communicating with Prestala LLC, you are not guaranteed any funding or form of funding. If you currently have a Prestala funding product, you are not guaranteed approval for additional funding.

Prestala may impose limits on any of the services offered or restrict your access to the Site without warning and without liability. We may terminate your ability to access the Site without notice if any violation of these Terms of Use occurs.

Changes to Terms

At any time, we reserve the right to remove, add, or modify any content contained in our Terms of Use and Privacy policy without notice. It is your responsibility to check the “last updated” date at the top of this page during each visit to our Site and periodically while using our services.

Your continued use of our Site and services means you have read, understood, and accept the most recent version of this agreement as binding.  Please check the last updated date frequently so you are aware of any changes.

Products and Services

You understand and agree that the services provided by Prestala LLC include assessing your eligibility for business funding, underwriting and issuing funds at our discretion.

Prestala is a direct issuer of business funding, and may use business partners to manage and maintain the funding relationship once an approval has been issued.

Prestala is not a financial consultant company, nor do we or our business partners offer legal advice. Before making a financial decision or strategy for your company you should consider obtaining the advice of your attorney, accountant, and other trusted consultants.

By authorizing one of our business partners to submit your financial information on your behalf, you also authorize Prestala to obtain information from third-party sources, including credit bureaus once we have received your application. Based on our assessment of your application information, we may deny, suspend, or discontinue our services or limit the availability of funding products at any time and for any reason, without liability and without notice.

APPLYING FOR BUSINESS FUNDING

Consent to Conduct Business Electronically

You acknowledge that you have carefully read and agree to the Prestala Terms of Use in its entirety, as well as our Privacy Policy found here: Privacy Policy .

Entering a business relationship with Prestala and signing any documents electronically has the same force and effect as if it was signed by hand with an ink signature. Any electronic or paper communications will be considered “in writing.”

In utilizing any of the functions of the Site, you warrant and represent that you are over the age of 18, a legal US citizen, and are able to enter binding agreements on behalf of your business.

You certify that any funds obtained through our services will be used solely for legitimate business purposes and not for any other reasons outside of that scope.

In order to service your request for business funding, maintain a funding relationship, and fulfil any contractual obligations, you authorize Prestala LLC to;

(a) send electronic disclosures to the email address(es) provided by you, including all relevant documents, notices, and contracts.

(b) communicate with you electronically, at any telephone number, fax number, email address that you submit to us now or in the future.

(d) contact third-parties as necessary to verify your information, including your identity and the legitimacy of your business. We may require identifying documentation from you as a condition of continuing with our services at any time.

(e) analyze the financial health of your business by obtaining proof of your business revenue.  Proof of business revenue includes the choice of providing us copies of your business bank statements or linking your transactional data using a secure third-party.

(f) obtain and review consumer and business credit reports; and to conduct further credit inquiries as required, which may impact your credit score.

Credit Application Disclaimer

You understand and agree that if Prestala initiates a “soft pull” of your consumer or business credit it will not affect your credit score, but we may require further inquiries that could affect your credit score.

By engaging in our services you are providing Prestala authorization to inquire about your credit and to obtain reports from credit bureaus as needed to fulfil your request for business funding and monitor your credit performance.

You understand and agree the Prestala cannot guarantee that your application will result in approval, or submission for approval, for any business funding products offered through our services.

Consent to Contact and Receive Electronic Communications

Accepting these Terms of Use means you explicitly authorize Prestala, our representatives, affiliates, and business partners to contact you by telephone, fax, e-mail, physical mail, and Short Messaging Service (SMS).

We, or any agent or representative acting on our behalf, may contact you by any means and for any reason, including but not limited to; fulfilling your request for business funding, communicating information on the status of your business funding, and delivering disclosures, notices, and agreements.

You understand that anyone with access to your telephone, phone number, email account, or other owned electronic communication devices may listen to or read the messages that Prestala or any agent acting on our behalf may send you, and you agree that we will have no liability for anyone accessing such messages.

You understand that you may be charged for the use of such services, and Prestala cannot be held liable for any charges incurred by use of these communications or the platforms they rely upon.

Below you will find further acknowledgements in your consent to receive electronic communications, as well as your options and instructions for withdrawing your consent.

Email

  • You expressly agree to receive electronic communications from Prestala LLC to any email address provided by you at any time, unless and until you withdraw your consent in writing.
  • You agree to allow Prestala to respond to any inquiries by email, and to forward your inquiry to the appropriate representative or partner to whom the inquiry should be directed.
  • You understand and acknowledge that receiving disclosures, notices, and agreements via email is required as a condition of using our products and services.

Phone

  • You authorize Prestala to contact you using any telephone numbers, including but not limited to; landline, mobile, and VOIP numbers, that you supply.
  • You understand and acknowledge that receiving phone calls from Prestala is required to fulfill your request for business funding and to manage that relationship.
  • You may request that we do not contact a specific number by communicating with us your preferred contact number, but this will not prevent us from calling any other phone numbers you have provided when you cannot be reached.
  • You may withdraw your consent to receive all calls from Prestala by emailing us at admin@prestala.com but you may receive calls from agents or attorneys acting on our behalf if we are contacting you regarding contractual obligations.

SMS

  • By providing Prestala with your mobile telephone number, you consent to receive Short Message Service (SMS) communications, or “text” messages, to each mobile device provided by you.
  • Receiving text messages to your mobile device is not required and you may withdraw your consent at any time by contacting us at admin@prestala.com

Limitations on Withdrawing Consent to Electronic Communications

While we make every effort process all requests to withdraw communication consent, you may be still contacted in error. Please notify us at admin@prestala.com if such an error occurs and we will take appropriate measures to resolve the issue.

You also acknowledge that withdrawing consent for one form of communication shall be exclusive to that form

If you have received a funding product through your use of Prestala services and request to withdraw consent, then the separate terms and conditions of the funding agreement will take precedence, and Prestala, and any representative or agent acting on our behalf may contact you by any means and as needed for any purpose, including enforcing contractual or legal rights and obligations.

You further understand and acknowledge that our affiliates, vendors, business partners, or any third parties with whom we have shared your information have their own Terms of Use and Privacy Policies that may differ from our own, therefore requests to withdraw consent must be directed to these third parties and may not be fulfilled in all cases.

Consent to Contact Third-Parties
You understand and agree that you by entering a funding agreement through our services, you authorize Prestala LLC to access third-party sites on your behalf thereby granting Prestala a limited power of attorney as your agent.

With this authority Prestala may use your information to access third-party sites, access documents, and retrieve information, with full power of attorney to do and perform every act as necessary and for all intents and purposes outline in these Terms of Use.

Our services may incorporate Application Programming Interfaces (API’s) to communicate and share information with third-parties. The API’s utilized through the Site include transmitting your transactional data and other personal or business information to Prestala or our partners.

You agree that once you have obtained a financial product through Prestala, you grant us the authority as your agent to accessing  your bank or other financial information at any time and as needed to monitor your performance. This includes providing bank account statements when requested, and  acknowledging our right to access any accounts you have linked via API to our business partners or affiliates during the application process.

Prestala LLC bears no responsibility for the content, or availability of the content, provided by or through the use of third-party API’s.

Monitoring and Privacy

You acknowledge and agree that any of your electronic communications with us, including telephone calls, may be monitored or recorded at any time and without notice.

Monitoring may involve an ongoing review of your business bank account if linked by a secured third-party, updating an inquiry into your credit, and reviewing your communications with us for quality assurance or training purposes, and to assess your financial readiness to receive additional business funding now or in the future.

Recording may also include tracking your activity on the Site or saving data files of your communications with Prestala. All communications are subject to the Prestala LLC Privacy Policy (found here: __________________________), which is incorporated by reference in these Terms of Use.

You understand and agree that certain information or communications may be disclosed if required by law or legal process, or at the request of a third-party with reasonable cause, or if necessary to protect, defend, or enforce Prestala’s rights.

Updating your Information

You authorize Prestala to consider all information on any legally binding documents to be true, accurate, and current, unless we are contacted directly and made aware of any changes.

You bare full responsibility for keeping your personal and business information up to date and hereby agree you will contact us immediately of any change to your phone number, email address, physical address, or any other information associated with your account.

Additionally, you agree to promptly notify us of any changes to the business’ location, circumstances, alterations to the legal name of the business entity, restructuring or transfer of ownership, or eligibility for continued use of our services. You may notify us directly through the Site, by contacting your Prestala representative, or by emailing admin@prestala.com.

All relevant notices, disclosure, payments or letters shall be considered received if sent by Prestala to the contact information you provide. For example, if we send a notice to the email address on your application and you have since changed your email address, that notice will be considered delivered to you by Prestala.

Prestala LLC shall not be held responsible for any fees, payment processing errors, or any other damages arising from your negligence in keeping your information current.

Compliance with Laws

You shall comply with all applicable state and federal laws and regulations regarding your use of the Site and services in all your dealings with Prestala LLC, our affiliates, partners, or other third-parties.

If we suspect or become aware of any potential violation or unlawful use of these Terms of Use or Privacy Policy, we will conduct a thorough investigation and take appropriate action.

You are required to cooperate fully with any investigation by Prestala, its agent or with law enforcement officials.

You acknowledge that any willful violation of this binding agreement or illicit use of our services could result in civil or criminal penalties.

THE WEBSITE

The Website

Prestala LLC grants you permission to use our Website as set forth in our Terms of Use and Privacy Policy, provided you do not alter or change any part of the Website other than as necessary to use the Website for its expressly intended purpose.

The Site content is provided to you “as is” and may not be exploited for any other use, including commercial use.

While Prestala makes every effort to keep the content on the Site current, we are under no obligation to do so and cannot warrant the completeness, accuracy, or relevance of the information, images, links, or other content of the site.

Furthermore, we do not guarantee the availability of all or parts of the Site, as certain parts of the website may be unavailable from time to time due to any reason, including technical difficulties or errors.

Ownership and Intellectual Property Rights

You acknowledge and agree that the content on the Prestala Site and the services available through the Site are protected by copyright law and other intellectual property laws with all rights reserved.

“Content” on the Site applies to all resources including, but not limited to, images, text, graphics, descriptions, designs, videos, forms, software, messages, and these Terms of Use.

By using the Website, you agree not to engage in copying, modifying, distributing, reproducing, selling, reverse engineering, broadcasting, transmitting, or creating derivative works from any of our content or technology.

Prestala LLC retains all rights, titles, and interests in the Website and all digital representations of Prestala. These rights and interests cannot be transferred to any other party unless expressly authorized by Prestala in writing.

To the best of our knowledge, Prestala only uses content that we own or are permitted to use.

Any third-party content with respect to trademarks, names, or logos referencing a third-party company shall remain the property of that company, otherwise all content remains the intellectual property of Prestala.

We reserve the right to terminate your use of the Site or service if we suspect unauthorized use, access, or any violation of applicable law regarding our ownership rights.

Prestala LLC may also, at its sole discretion, limit, terminate, or prohibit your use of the Site and services if you are under suspicion of being a repeat infringer regarding our intellectual property under the Digital Millennium Copyright Act (DMCA).

System Requirements

The following hardware and software specifications must be met in order to view the Site and retain necessary documents and disclosures required to utilize the services offered by Prestala;

  • a device with internet access
  • an email account with a service provider and software capable of receiving and sending email
  • a current web browsing software
  • an up-to-date software capable of viewing, saving, and printing documents in .pdf format;
  • hardware capable of running this software, with sufficient storage capacity to save any disclosures or communications.

In addition to the above requirements, when accessing the Site via a mobile device (i.e., a smartphone or tablet), you must have the capability and software on your mobile device that allows you to print and save any disclosures or other documents.

If your mobile device does not have these capabilities or does not have the proper software installed, you are required to access the Site through a device that has the capability to print all documents and disclosures presented.

Appropriate Use of Site and Service

You acknowledge and agree that you may not use the Site or services of Prestala LLC in any manner unlawful or any way that violates applicable local, state, federal, or international laws or regulations.

You may not use the Site in any harmful manner that could damage, impair, or disable the Site or that interferes with another’s use of the Site.

In addition, you shall not:

  • upload, post, transmit, share, store, or otherwise make available any content that could be harmful, threatening, unlawful, defamatory, libelous, infringing, abusive, inflammatory, immoral, harassing, vulgar, obscene, fraudulent, invasive of privacy or publicity rights, hateful, or otherwise objectionable.
  • upload, post, transmit, share, store or otherwise make available content that would constitute, encourage or provide instructions for a criminal offense, violate the rights of any party, or that would otherwise create liability or violate any local, state, national or international law or give rise to any civil or criminal liability.
  • misrepresent yourself or your business, including but not limited to misrepresenting; your age, legal residence, affiliation with the business entity, your authority to act on behalf of said business, the financial status of the business, or otherwise impersonate any other individual or entity.
  • collect the information of users from the Site or service for the purpose of uploading, transmitting, posting, emailing, or otherwise making available any unsolicited or unauthorized advertising or promotional materials, including “junk mail, “spam,” “chain letters”, “pyramid schemes” or similar solicitations.
  • Harass or intimidate other users, solicit personal information from other users, or collect or make publicly available the personal information of another individual.
  • Attempt to use automatic devices or programs such as bots, spiders, or scripts to gain unauthorized access to the Site for any purpose, including damaging, disrupting, monitoring, or collecting any content on the Site either manually or automatically.
  • Attempt to interfere with the proper functionality of the Site, including introducing viruses, worms, trojan horses, or any other malicious code.
  • Interfere with the displays on the site through framing techniques or placing pop-up windows over the Site’s pages, or otherwise diverting users from accessing the Site features and services.

Linking to the Website

You may create links to our Site either by placing “https://www.prestala.com/” in text or by mentioning “Prestala” and placing the hyperlink inside the company name. You may do so provided it is done in a fair and legal way and does not damage or demonstrate intent to damage our reputation in any way. Any other means or representation of linking to the Website is not allowed.

You are not permitted to link to the Site in any manner that suggests an association with or endorsement of your business as if originating from Prestala without our express written consent.

You agree that the source or website from which you are making the link accessible must comply with our Terms of Use, and you shall immediately remove links or any other commentary on our company upon written notice from Prestala.

Links to Third-Party Websites

The Prestala LLC Site and other communications sent you during use of our service may contain content provided by third-parties, as well as links to third-party websites, which are not owned or controlled by Prestala.

You agree and acknowledge that the company bears no responsibility for any information, materials, or services provided on third-party websites or displayed on our Site by third-parties.

Furthermore, we have no control over and cannot edit, censor, or update third-party content.

Under no circumstances will we bear responsibility for damages or losses incurred by your accessing a third-party website through any link posted or transmitted to you from your use of our Site or services.

You expressly agree to relieve Prestala of any and all liability arising from your use of third-party websites.

Reliance on Website Information

The content on the Website is available with the purpose of providing general information only, and Prestala does not warrant the completeness or accuracy of this information.

We disclaim all responsibility and liability for any reliance you place on this content, and you agree that under no circumstances shall Prestala LLC be liable to any applicant, user, or third-party for any losses arising from such reliance.

LEGAL

Limitation of Liability

You agree that your use of the Website and all services accessed through the Website is done at your own risk and that Prestala in no event shall be held liable for any damages or expenses, including but not limited to, financial loss, emotional distress, loss of data, or loss of business caused by or in connection with the content or services offered through the Site.

To the fullest extent permitted by applicable law, Prestala, its partners, affiliates, representatives, employees and agents shall not be held liable for any direct or indirect, incidental, special, or consequential damages, expenses, or losses that may arise in connection with:

(a) use of the Website, or from your use of, or your inability to use, the Website or any of the information provided on the Website;

(b) any failure of performance, error, omission, defect, delay, or interruption in operations or transmissions, computer/ mobile device viruses or line or system failure; or

(c) any disclosure of information when communicating with you by any electronic means or receiving electronic communications from you, or in connection with any unauthorized access of your account.

These limitations apply even if we have been made aware of a possibility of such damages, losses, or expenses.

Prestala does not endorse or encourage the use or purchase of any products or services advertised on the Website.

Prestala bears no responsibility for, and makes no endorsements, claims, or guarantees, for the third-party content or services accessed through the Website and cannot be held liable for any damages, losses or expenses incurred in association with them.

Disclaimer of Warranties

Prestala LLC does not warrant or guarantee that files or other media linked or available for downloading from the Site or other electronic communications will not contain destructive codes or viruses. Utilizing appropriate security procedures for guarding against malicious software or code is solely your responsibility. The Company will not be liable for any damages or losses caused by any harmful technology arising from your use of the Site or our services.

Neither the Company nor anyone associated with the company makes any warranties regarding the accuracy or availability of the Site’s content. The Website and services are made available “as is” without any warranties, and without guarantee that the any services offered will meet your expectations.

Baring those warranties which cannot be excluded under applicable law, the Company disclaims all warranties of any kind, either expressed and implied.

Indemnity

You shall indemnify, defend, release, and agree to hold harmless Prestala LLC from and against any and all damages, losses, expenses, claims, demands, or liabilities, including without limitation attorney’s fees, arising from your use of the Site, or your violation of: (a) these Terms of Use, (b) applicable law, (c) any rights of third-parties, (d) obligations to Funders whose services you obtained through Prestala.

You agree to this indemnification obligation and further agree that you will fully cooperate in the defense of any such claims in connection with your use of the Website and these Terms of Use.

We reserve the right to assume exclusive control of any and all matters subject to indemnification.

Governing Law, Venue, and Jurisdiction

By continuing to use this Site, you agree that the laws of Pennsylvania shall govern all matters related to these Terms of Use and Privacy Policy. You agree that any claim or dispute between you and Prestala in connection with the Website or these Terms of Use will be decided by a court located in Southampton, Pennsylvania. You will not settle any such matters without our explicit written consent. You further agree to waive any and all right to trial by jury.

Limitation on Time to File Claims

You agree that any claim or cause of action related to or arising from these Terms of Use or the Website must commence within one year after the cause of action accrues. Such cause of action shall otherwise be permanently barred.

Entire Agreement

These Terms of Use and Privacy Policy constitute the entire agreement between you and Prestala LLC regarding the Website.

Your continued use of the Site constitutes a contract between you and Prestala governed by U.S. federal law and the laws of the State of Pennsylvania. If you find the Terms of Use or Privacy Policy unacceptable at any time, you must discontinue use of our Site immediately.

Severability

If any provision of the agreement between you and Prestala contained within the Terms of Use and Privacy Policy is determined unenforceable or invalid, then the remainder of the agreement shall remain in full effect and enforceable, as if the invalid or unenforceable provision were absent from the agreement.

Assignment

You agree that neither these Terms of Use nor any rights granted to you may be assigned or transferred by you without written consent from Prestala, but may be assigned without limitations or restrictions by Prestala.

Termination

If we believe you have violated any of these Terms of Use, or that you have violated the rights of any person or entity in connection with our Site or services, or have created liability for the company in any way, then we have the right to terminate your access to the Site or our services without notice. You agree that if we, at our sole discretion, take appropriate legal action to protect our rights then you will cooperate fully with any investigation or action. You agree to waive and hold harmless Prestala from any claims during or as a result of such investigations or any actions arising from such investigations.

Questions or Concerns

If you have any questions regarding these Terms of Use, you may contact us via phone, email, or mail:

800-604-5143

Admin@prestala.com

Prestala LLC