Funding Request – means a funding application to Wealthbullet by the client to obtain financing via the
Funding Channels / Lenders / Investors; Wealthbullet has access to.

Client – means any company that approaches Wealthbullet with a Funding Request to raise funding for themselves.

Funding Channel – means any company that Wealthbullet works with in order to fulfil any Funding Request by using the Funding Channel’s panel of Lenders/Investors.

Lenders/Investors – means any source of funding introduced via Wealthbullet (WB) and or any of its Funding Channels that Wealthbullet deals with and then hopefully completes the Client’s Funding Request.

Letter of Engagement & Indicative Terms – Letter of Engagement and Indicative terms (LOE & ITs) is an initial term sheet generated by the Funding Channel after discussing the Client’s project with two or more potential Lenders/Investors.

Binding Written Offer Terms – The final legally binding written offer document produced, or any further versions of it, from any Lenders/Investors Wealthbullet has access to.

Initial Fee – The fee charged by Wealthbullet for obtaining LOE & ITs and payable by the client within 5 Business Days from the Execution of the (LOE & ITs).

Completion Fee – The fee charged by Wealthbullet on successful disbursement of funding to the Client through any of the Lenders/Investors that Wealthbullet has access to.

Offer Fee – This is a ‘Breakup fee’ charged by Wealthbullet for obtaining Binding Written Offer Terms should the Client decide not to proceed with the Binding Written Offer Terms.