Non-Recourse Factoring Disclosure

1. Nature of the Transaction

When you use MajorPaid, you are selling us a financial asset: your right to collect payment from a brand under a sponsorship, content, or influencer marketing agreement. This is called invoice factoring or accounts receivable factoring. It is governed by commercial law, not consumer lending law. The transaction is not a loan, credit product, or cash advance.

Because this is a sale and not a loan:

• There is no annual percentage rate (APR) or interest charge.
• You do not owe us money if the brand pays late or does not pay at all (subject to the non-recourse conditions in Section 3 below).
• The transaction does not affect your personal credit score.
• We do not report to consumer credit bureaus.

2. The Fee

We charge a single, flat factoring fee calculated as a percentage of your gross contract value. The fee depends on the payment term of the contract:

• Net 30: 8.00% of contract value
• Net 60: 8.75% of contract value
• Net 90: 9.50% of contract value

A minimum fee of $75 applies to all transactions regardless of contract size.

Example: On a $5,000 Net-30 deal, the fee is $400.00, and you receive $4,600.00. The brand pays us $5,000.00 on their original payment terms.

The exact fee and net payout are displayed and confirmed before you sign the purchase agreement. Fees are non-refundable once the advance has been disbursed.

3. Non-Recourse: What It Means and What It Doesn't

What non-recourse means

Once we purchase your receivable, we own it. If the brand fails to pay us for reasons outside your control — such as the brand going out of business, disputing the invoice on their end, or simply defaulting — we absorb that loss. We will not demand repayment from you. Your advance is yours to keep.

What non-recourse does NOT cover

Non-recourse protection does not apply if the brand refuses to pay because:

• You did not deliver the agreed-upon content or deliverables, in full and on schedule, as required by the Contract.
• You submitted a fraudulent, altered, or fabricated contract.
• You made false representations about the deal, the brand relationship, or your channel ownership.
• There was a pre-existing dispute or offset right that you failed to disclose at the time of submission.

In any of these circumstances, we reserve the right to seek recovery of the advance from you. Before purchasing a receivable, our verification engine confirms delivery and contract authenticity — this protects both you and us.

4. Assignment of Receivable

When you accept our offer and sign the purchase agreement, you legally assign to us all rights, title, and interest in the receivable under the Contract. This means:

• The brand is notified that the payment obligation has been transferred to MajorPaid.
• The brand pays MajorPaid directly, not you, for the contract amount.
• You retain ownership of your creative work, your social channels, and all other rights not related to the payment obligation.
• The brand's contractual obligations to you regarding content rights, usage licenses, and exclusivity periods remain unchanged — only the payment is redirected.

5. Your Representations

By submitting a deal, you confirm that:

• The contract is genuine and has not been altered.
• You have delivered, or have a confirmed plan to deliver, all required work before you collect the advance.
• You have not previously sold or pledged this receivable to anyone else.
• You are not aware of any dispute, credit, or offset that would reduce the amount the brand owes.

6. Payment to You

Upon approval and signing of the purchase agreement, we target disbursement within one (1) business day. Payment is made via your selected payout method: PayPal, bank account (ACH for U.S. residents), or Interac e-Transfer (for Canadian residents). Payment timing may vary based on your payment provider.

7. Jurisdiction-Specific Disclosures

United States

MajorPaid provides commercial invoice factoring services. Invoice factoring is not a consumer financial product under the Truth in Lending Act (TILA), the Equal Credit Opportunity Act (ECOA), or Regulation Z. We do not provide loans or extensions of credit to consumers. Our services are governed by applicable state commercial law and the Uniform Commercial Code (UCC) as adopted in Wyoming and other states.

Canada

MajorPaid provides commercial invoice factoring services to Canadian residents. This service is not a consumer loan or credit product regulated under federal or provincial consumer protection lending statutes. The transaction is governed by applicable commercial law and the laws of the Province in which you reside, to the extent they apply to commercial receivables transactions.

Residents of Quebec: Commercial transactions with MajorPaid are conducted in English. By proceeding, you consent to contracting in English.

8. Questions

If you have questions about how factoring works, what your rights are, or what a specific term in your purchase agreement means, contact us before signing:

hello@MajorPaid.com

MajorPaid Capital, Inc.
Wyoming, United States