Elevate Finance process
Elevate manages the initial inquiry and possible introduction. An independent third-party financing provider manages every eligibility, underwriting, approval, pricing, and agreement decision.
Elevate's responsibility
High-level inquiry review, consent, and a possible introduction.
Provider's responsibility
Eligibility, documents, underwriting, approval, pricing, and agreement terms.
Business's responsibility
Accurate information, review of provider terms, and independent advice where needed.
Five stages
Responsible: Business and Elevate
The business provides limited, high-level information: contact details, company name, intended commercial use, approximate amount, and timing.
This is an inquiry, not a financing application. Sensitive financial or identity documents should not be attached to the initial email.
Responsible: Elevate
Elevate may ask limited questions to understand the business context and whether an introduction to a type of independent provider may be relevant.
Elevate does not underwrite, verify eligibility, assess credit, or approve the request.
Responsible: Business and Elevate
If a potential route is identified, Elevate describes the proposed introduction and obtains appropriate consent before sharing identifiable inquiry information.
A provider's privacy practices and terms apply when the business engages with that provider.
Responsible: Financing provider
The independent provider determines its required information and conducts its own eligibility review, verification, underwriting, pricing, approval, and documentation process.
Elevate does not control the provider's criteria, timing, decision, offer, or agreement.
Responsible: Business and provider
If the provider presents an offer, the business reviews the amount, costs, repayment obligations, security, fees, covenants, and other terms directly with the provider.
The business should obtain independent legal, accounting, tax, or financial advice where appropriate.
Initial inquiry
The initial email should contain enough information to understand the commercial request without including documents that require a more appropriate collection process.
Sensitive information
If an independent provider requires supporting documents, the provider or Elevate should identify the appropriate process before those documents are transmitted.
Provider offer review
Any financing offer comes from the independent provider. The business is responsible for reviewing the full agreement and obtaining professional advice where appropriate.
Initial contact
An inquiry does not create an application, approval, offer, commitment, or obligation. Review the Privacy Policy before contacting Elevate.