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Business FA Only

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BUSINESS FA ONLY

This Business FA Only Agreement (the "Agreement") is entered into as of Effective Date: by and between Party A Name: with principal address: (hereinafter "Provider"), and Party B Name: with principal address: (hereinafter "Client").

RECITALS

WHEREAS, Provider is engaged in the business of providing specialized financial advisory, analysis, and transaction support services to business entities seeking financing, restructuring, or capital strategy (the "Services"); and

WHEREAS, Client desires to engage Provider to perform the Services described in this Agreement and Provider is willing to provide such Services subject to the terms and conditions set forth herein.

WHEREAS, the parties intend that this Agreement document the scope, payment terms, confidentiality obligations, and other material terms governing the relationship between the parties.

SCOPE OF WORK

PAYMENT TERMS

Provider shall be compensated for the Services as follows. Fee Amount: $ (the "Fee").

Late Payment: If any undisputed payment is not received within days after the due date, Client shall pay a late fee equal to of the overdue amount, compounded monthly, in addition to any costs of collection.

TERM AND TERMINATION

Term: This Agreement shall commence on Start Date: and shall continue until End Date: unless earlier terminated in accordance with this Section.

Either party may terminate this Agreement for convenience upon written notice to the other party at least days prior to the effective date of termination. Either party may terminate immediately for cause if the other party materially breaches any obligation under this Agreement and fails to cure such breach within days after receipt of written notice specifying the breach.

Upon termination, Provider shall be entitled to payment for all Services performed and reimbursable expenses incurred through the date of termination and shall deliver to Client all work-in-progress for which Client has paid.

CONFIDENTIALITY

Each party (the "Receiving Party") shall keep confidential all non-public, proprietary, or commercially sensitive information disclosed by the other party (the "Disclosing Party") that is designated as confidential or that reasonably should be understood to be confidential given the nature of the information and the circumstances of disclosure ("Confidential Information"). The Receiving Party shall not disclose Confidential Information to any third party except to its employees, agents, or professional advisors who have a need to know and who are bound by confidentiality obligations no less protective than those provided herein.

Confidential Information does not include information that: (a) is or becomes generally known to the public other than through a breach of this Agreement by the Receiving Party; (b) was known to the Receiving Party prior to disclosure by the Disclosing Party without breach of any obligation of confidentiality; (c) is rightfully received from a third party without restriction on disclosure; or (d) is independently developed by the Receiving Party without use of or reference to the Disclosing Party's Confidential Information. The Receiving Party may disclose Confidential Information as required by law, provided that, to the extent permitted, it gives the Disclosing Party prompt written notice and cooperates in any lawful efforts by the Disclosing Party to limit such disclosure.

INDEPENDENT CONTRACTOR; INDEMNIFICATION

Provider is an independent contractor and nothing in this Agreement shall be construed to create a partnership, joint venture, agency, or employment relationship between the parties. Provider shall be solely responsible for all taxes and withholdings arising from the compensation paid to Provider.

Each party shall indemnify, defend and hold harmless the other party from and against any third-party claims, liabilities, losses or expenses (including reasonable attorneys' fees) arising out of the indemnifying party's gross negligence, willful misconduct, or material breach of this Agreement.

GOVERNING LAW

This Agreement shall be governed by and construed in accordance with the laws of the State of , without regard to its conflict of laws principles. The parties submit to the exclusive jurisdiction of the state and federal courts located in that State for any dispute arising out of this Agreement.

ENTIRE AGREEMENT

This Agreement, including any schedules or attachments hereto, constitutes the entire agreement between the parties with respect to the subject matter hereof and supersedes all prior and contemporaneous agreements, proposals, negotiations and understandings, whether written or oral. No amendment or modification of this Agreement shall be effective unless in writing and signed by both parties.

MISCELLANEOUS PROVISIONS

Severability: If any provision of this Agreement is held to be invalid or unenforceable, the remaining provisions shall remain in full force and effect. Waiver: No waiver of any breach shall be effective unless in writing signed by the waiving party. Notices: All notices required or permitted under this Agreement shall be in writing and delivered to the addresses set forth above.

Party A Printed Name:

By:

Date:

Party B Printed Name:

By:

Date:

Enter text✕

What the Business FA Only document is and when it’s used

The Business FA Only is a sworn financial affidavit used to report a business entity’s current assets, liabilities, income, and expenses in legal or administrative contexts. It consolidates balance, cash-flow, and ownership details into a single statement for lenders, courts, regulators, or opposing parties. The form is typically paired with supporting schedules and certified financial statements and may require notarization or witness verification depending on jurisdiction. Accuracy, completeness, and consistent naming (entity and signer) are essential to preserve enforceability and avoid downstream disputes or penalties.

Why a clear Business FA Only matters

A well-prepared Business FA Only creates a reliable record of a company’s financial position for legal, regulatory, or transactional review. Clear documentation reduces ambiguity, supports decision-making, and preserves evidentiary weight in courts or compliance audits.

Why a clear Business FA Only matters

Primary users and typical recipients

Use the document only with the appropriate supporting records (tax returns, bank statements, ledgers) and confirm signing authority before execution.

  • Business owners and executives who must certify corporate financial information for legal or lending purposes.
  • Lenders, underwriters, and financial officers who evaluate creditworthiness and collateral.
  • Attorneys, compliance officers, and court clerks who need an auditable sworn statement for proceedings.

Step-by-step: preparing and submitting a Business FA Only

Complete the affidavit in clear stages to ensure accuracy and meet jurisdictional requirements.

  • 01
    Collect documents: Gather bank statements, tax returns, ledgers, and supporting schedules before beginning.
  • 02
    Fill fields: Enter names, EIN/TIN, reporting period, and detailed asset/liability amounts carefully.
  • 03
    Authenticate: Confirm signer authority and apply required notarization or witness signatures as applicable.
  • 04
    Send and retain: Deliver to recipient via secure channel and store an executed copy with audit trail.

Typical submission flow for an electronically completed Business FA Only

A streamlined electronic workflow reduces turnaround time while capturing an auditable record of signing events.

  • Upload: Load the affidavit PDF or template into the e-signature platform.
  • Place fields: Insert signature, date, and notarization placeholders and attach supporting files.
  • Invite signer: Send secure signing link or email invitation; apply authentication as required.
  • Complete: Signer reviews, signs, and receives a completed copy with audit trail.

Recommended digital workflow settings for Business FA Only

Configure these settings when using an electronic signature platform to preserve evidentiary value and meet compliance needs.

Field Configuration
Authentication Email link + optional SMS code
Signature Type Standard e-sign with audit trail; PKI where required
Template Lock Enable to prevent structural edits after sending
Retention Capture PDF/A copy and audit trail for storage

Delivery options and integration considerations

Choose channels that preserve the signed record and support your document retention policy.

  • Email: Secure signed PDF delivery
  • Cloud storage: Archive to Box or Google Drive
  • API: Integrate with CRM or ERP

Ensure integrations retain the signature certificate and audit trail; confirm platform meets required compliance frameworks before transmitting sensitive data.

Select eSignature pricing and feature comparison for Business FA Only workflows

Compare baseline costs and core capabilities across common eSignature vendors when choosing a platform for Business FA Only execution.

signNow DocuSign Adobe Sign PandaDoc HelloSign
Starting Price $8/user/mo $15/user/mo $14/user/mo $19/user/mo $15/user/mo
Free Trial 7-day free trial Varies by vendor Varies by vendor Varies by vendor Varies by vendor
Bulk Send Yes Yes Yes Yes No
Audit Trail Yes Yes Yes Yes Yes
HIPAA Compliant Yes Yes Yes No No
Envelope Cap No cap 100 envelopes/user/yr Varies by plan Varies by plan Varies by plan

Security and compliance considerations for the executed affidavit

Encryption: TLS 1.2/1.3 in transit; AES-256 at rest
Certifications: SOC 2 Type II and ISO 27001 available
HIPAA: Compliant with BAA required
FDA / 21 CFR: 21 CFR Part 11 compliance supported
Privacy: GDPR and CCPA controls available
Accessibility: WCAG 2.0 Level AA conformance

Common mistakes to avoid when preparing the Business FA Only

  • Using informal or shortened business names that do not match registration records.
  • Forgetting required notarization or witness signatures under local law.
  • Entering mismatched EIN/TIN values that trigger payer or agency rejection.
  • Failing to attach supporting schedules, leading to ambiguity or requests for supplementation.

Who can legally sign a Business FA Only and why

Owner / CEO

As the primary representative, the owner or CEO can attest to business finances and sign under penalty of perjury when required; confirm corporate authorization for the specific matter.

CFO / Controller

A CFO or controller provides technical accuracy and may be designated to sign financial affidavits; their signature carries weight with lenders and auditors when backed by records.

Key legal and financial risks from incorrect Business FA Only statements

Perjury risk: Possible criminal penalties
Contract invalidity: Enforceability may be compromised
Tax exposure: IRS audits and penalties
Regulatory fines: Agency enforcement actions
Lost funding: Lenders may rescind credit
Data breach: PII/PHI exposure fines

How to download and save the completed Business FA Only

Choose formats that preserve signatures, timestamps, and the audit trail when archiving executed affidavits.

PDF / PDF/A

Export as PDF/A to preserve long-term fidelity and embed the signature certificate and audit trail for evidentiary value.

DOCX

Download editable DOCX only for internal revisions; retain a signed PDF copy for legal records and distribution.

Flat image

Use a flattened PDF or TIFF for archival copies where further edits must be prevented.

Cloud archive

Store signed copies with the audit log in secure cloud storage that supports access controls and retention policies.

Real-world examples showing how organizations used a Business FA Only

Practical examples illustrate typical uses and benefits when affidavits are prepared correctly and paired with a secure signing workflow.

Martin Properties

Tim Martin used an online affidavit to support a refinancing application

  • Rapid digital signing reduced turnaround by days
  • The signed affidavit and attached bank reconciliations were accepted by the lender without in-person notarization, saving travel and processing time.

BIS

Dan Rotelli integrated affidavit templates into an ERP workflow

  • Template enforcement ensured consistent schedules
  • Standardized affidavits accelerated internal approvals, improved audit readiness, and reduced review cycles across departments.

Frequently asked questions about completing and signing the Business FA Only

Answers to common legal, procedural, and technical questions to help avoid delays during preparation and execution.


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