The Merchant and Owner(s)/Officer(s) identified above (individually, an “Applicant”) each represents, acknowledges and agrees that (1) all information and documents provided to Federal Direct Funding LLC including credit card
processor statements are true, accurate and complete, (2) Applicant will immediately notify Federal Direct Funding LLC of any change in such information or financial condition, (3) Applicant authorizes Federal Direct Funding
LLC to disclose all information and documents that Federal Direct Funding LLC may obtain including credit reports to other persons or entities (collectively, "Assignees") that may be involved with or acquire commercial loans
having daily repayment features or purchases of future receivables including Merchant Cash Advance transactions, including without limitation the application therefor (collectively, "Transactions") and each Assignee is authorized to
use such information and documents, and share such information and documents with other Assignees, in connection with potential Transactions, (4) each Assignee will rely upon the accuracy and completeness of such information
and documents, (5) , Federal Direct Funding LLC Assignees, and each of their representatives, successors, assigns and designees (collectively, “Recipients”) are authorized to request and receive any investigative reports, credit
reports, statements from creditors or financial institutions, verification of information, or any other information that a Recipient deems necessary, (6) Applicant waives and releases any claims against Recipients and any informationproviders arising from any act or omission relating to the requesting, receiving or release of information, and (7) each Owner/Officer represents that he or she is authorized to sign this form on behalf of Merchant.