Can this agreement be signed electronically?

Yes. Under the federal ESIGN Act (15 U.S.C. ch. 96) and UETA in most states, electronic signatures are legally effective if intent, consent, attribution, and retention requirements are met.

Do resellers need special licenses?

Possibly. Certain financial products require state registration or broker licenses; verify licensing with state regulators and include compliance warranties in the agreement.

When is a notary required?

Most commercial contracts do not require notarization, but some states or specific statutory waivers may require notarization for assignment or power-of-attorney clauses—verify locally.

What happens if the TIN is wrong?

An incorrect TIN can trigger IRS backup withholding of 24% and penalties; ensure the reseller provides a correct W-9 before payments are made.

How should confidential data be protected?

Include confidentiality, data security obligations, breach notification timelines, and, where PHI is involved, a HIPAA Business Associate Agreement per 45 CFR part 160–164.

Can the agreement be modified after signing?

Yes, but modifications should be in writing and signed by authorized representatives. Consider amendment templates and version control in your contract repository.

Electronic Signature
Templates
Finance
Finance Reseller Agreement

Finance Reseller Agreement

This template is fully customizable. Edit the text, fill out the fields, and send it for signature. Give it a try!

FINANCE RESELLER AGREEMENT

This Finance Reseller Agreement (the Agreement) is made and entered into as of between:

Supplier (Provider)

Supplier Legal Name Supplier Address Supplier Contact

Reseller

Reseller Legal Name Reseller Address Reseller Contact

Recitals and Definitions

WHEREAS Supplier develops, licenses and supplies financial products, services and technology described in the Pricing Schedule (the Products); and WHEREAS Reseller desires to market, resell and support such Products to end customers in accordance with the terms set forth below.

Products and Services (define scope)

Appointment; Territory; Exclusivity

Supplier hereby appoints Reseller as a Non-Exclusive Reseller Exclusive Reseller for the Territory specified below, subject to the terms and conditions of this Agreement.

Territory

Term; Renewal; Termination

The initial term of this Agreement shall commence on the Effective Date and shall continue for years, unless earlier terminated in accordance with this Agreement. Thereafter this Agreement will automatically renew not renew without mutual written agreement.

Termination Notice Period

Reseller Obligations

Reseller shall (i) market the Products commercially and in good faith; (ii) comply with Supplier policies and pricing guidelines; (iii) maintain accurate customer records and permit Supplier audits as set forth below; and (iv) provide first-line support as defined in the Support Schedule.

Pricing; Commissions; Payment Terms

Pricing Schedule Summary

Commission payable to Reseller on Net Revenue shall be calculated in accordance with the Pricing Schedule. "Net Revenue" means gross invoiced amounts less taxes, chargebacks, refunds and third-party processing fees.

Payment Terms (days) Late Fee Policy

Reporting; Audit Rights

Reseller shall deliver to Supplier a written sales report for the preceding period by the day of each calendar month showing units sold, customer identity, pricing, discounts and Net Revenue.

Audit Rights

Supplier may audit Reseller's relevant books and records upon days' prior written notice, during normal business hours, no more than once per twelve-month period, to verify payment and compliance. Any underpayment discovered shall be paid within days plus interest at the rate specified above.

Taxes; Duties

All amounts payable under this Agreement are exclusive of taxes. Reseller shall be responsible for sales, use, VAT or other taxes imposed on the resale of the Products unless Supplier is required by law to collect such taxes.

Intellectual Property; Trademarks

Confidentiality

Warranties; Disclaimers

Supplier warrants that it has the right to grant rights under this Agreement and that Products will materially conform to the applicable documentation for a period specified in the Support Schedule. EXCEPT FOR THE EXPRESS WRITTEN WARRANTIES SET FORTH IN THIS AGREEMENT, SUPPLIER DISCLAIMS ALL OTHER WARRANTIES, EXPRESS OR IMPLIED, INCLUDING ANY IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE.

Indemnification; Limitation of Liability

Except for liability arising from willful misconduct or a party's indemnification obligations, neither party will be liable to the other for special, incidental, or consequential damages. Aggregate liability shall not exceed the total amounts paid or payable by Reseller to Supplier under this Agreement in the preceding twelve (12) months.

Compliance; Data Protection

Force Majeure; Assignment

Neither party shall be liable for failure or delay in performance due to causes beyond its reasonable control, provided the affected party promptly notifies the other and uses commercially reasonable efforts to resume performance. Neither party may assign this Agreement without the prior written consent of the other, except to an affiliate or in connection with a merger or sale of substantially all assets.

Governing Law; Dispute Resolution; Notices

This Agreement shall be governed by the laws of the state of without regard to conflict of laws principles. Parties shall attempt good faith negotiation prior to initiating litigation or arbitration.

Supplier Notice Address Reseller Notice Address

Miscellaneous

This Agreement constitutes the entire agreement between the parties and supersedes all prior agreements and understandings relating to the subject matter hereof. Amendments must be in writing and signed by authorized representatives of both parties. If any provision is held unenforceable, the remainder will remain in effect.

Additional Terms or Special Provisions

Supplier

Printed Name:

By:

Date:

Reseller

Printed Name:

By:

Date:

What a Finance Reseller Agreement Is and When It Applies

A Finance Reseller Agreement is a contract between a vendor of financial products or services and an independent reseller who markets or distributes those products. It defines permitted resale activities, pricing or discount structures, payment terms, compliance obligations, data handling, and termination mechanics. Typical arrangements cover commission or margin calculations, license or trademark use, confidentiality, and responsibilities for regulatory compliance where the underlying financial product is subject to licensing, consumer protection, or privacy rules. The agreement clarifies who bears customer support, refund, or chargeback risk and sets governing law and dispute resolution provisions.

Why a Clear Finance Reseller Agreement Matters

A well-drafted agreement allocates commercial risk, protects intellectual property, and sets expectations on commissions, payment timing, and permitted sales channels. It reduces disputes, helps enforce compliance with finance-specific regulations, and preserves the vendor’s brand and legal protections while enabling scalable reseller relationships.

Who Typically Uses a Finance Reseller Agreement

Use the agreement to document commercial terms, compliance responsibilities, and termination mechanics before any reseller begins selling products or accepting customer funds.

Independent resellers and brokers who sell financial products on behalf of a vendor across online or direct channels.
Vendors and channel managers who need standardized terms for commissions, permitted marketing, and regulatory obligations.
Legal, compliance, and procurement teams that onboard partners and must verify licensing, data protection, and consumer disclosures.

Core Sections to Include in a Professional Finance Reseller Agreement

A complete agreement balances commercial terms, compliance mechanics, and operational processes so both parties understand obligations and risks.

Parties

Identify full legal names, business types, and contact details for the vendor and reseller so contractual obligations bind the correct legal entities.

Scope

Define permitted products, territories, sales channels, and exclusivity terms to prevent ambiguity about where and how resellers may market offerings.

Compensation

Specify commission rates, payment schedule, invoicing, reserves for chargebacks, and treatment of refunds or credits to avoid settlement disputes.

Compliance

Allocate responsibilities for AML, licensing, consumer disclosures, privacy protections, and required filings under federal or state financial laws.

Data & Privacy

Describe data access, permitted use, breach notification, and whether a Business Associate Agreement or data processing addendum is required.

Termination

List termination events, notice periods, post-termination obligations, return of materials, and surviving clauses such as indemnities and confidentiality.

Required Information and Key Fields

Legal Entity: Full registered name

Authorized Signer: Name and title

Tax ID: EIN or SSN as applicable

Payment Terms: Net days and remittance details

Territory: Permitted geographic scope

Effective Date: MM/DD/YYYY

Step-by-Step: Completing the Finance Reseller Agreement

Use this sequence to prepare, review, and execute the agreement with minimal administrative friction.

01

Prepare Documents: Gather corporate records, W-9, licenses, and proof of authority.
02

Populate Fields: Enter required information and confirm commission and payment details.
03

Legal Review: Have counsel review compliance clauses and indemnities.
04

Sign and Distribute: Execute via eSignature or wet signature and share final copies to all parties.

Customizing an Online Workflow for This Agreement

Set up a repeatable eSigning workflow that enforces required fields, authentication, and record retention for each reseller onboarding.

Field	Configuration
Required Fields	Full legal name, TIN, signer title
Authentication	Email + SMS code or stronger KBA for high-risk resellers
Attachments	W-9, license, proof of authority
Retention	Store signed PDF and audit trail for required period

Where to Send and How the Agreement Is Routed

Typical routing moves from preparer to reviewer to authorized signers and then to centralized contract storage.

Upload: Sender uploads master template to the eSignature platform
Assign Fields: Place signature, date, and attachment fields for each party
Authenticate: Signers receive an email or link and authenticate
Archive: Signed copy and audit trail saved to contract repository

Distribution Methods and Technical Requirements

Ensure the platform supports audit trails, secure storage (AES-256 at rest), and any required BAAs or 21 CFR Part 11 controls before use.

Supported Formats: PDF | DOCX
Integrations: Salesforce | NetSuite | Google Workspace
Authentication: Email, SMS, KBA

Key Timelines, Notice Periods, and Processing Expectations

Understand effective dates, notice windows, and settlement timing to avoid contract breaches or payment disputes.

Effective Date:

The date in the Effective Date field starts performance obligations.

Payment Terms:

Typical net 30 or net 45 payment windows; specify currency and invoice requirements.

Termination Notice:

Commonly 30–90 days for convenience termination; immediate for material breach.

Commission Reconciliation:

Monthly or quarterly reconciliations with a 30–60 day review period.

Dispute Window:

Specify days for claims after statement receipt to preserve setoff rights.

Common Mistakes to Avoid

Vague compensation terms that omit chargeback or refund treatment lead to recurring disputes and withheld payments.
Failing to confirm signer authority or corporate formation details can render the agreement unenforceable against the intended party.
Neglecting required regulatory disclosures or licensing clauses exposes vendor and reseller to enforcement or customer claims.
Using inconsistent governing law or venue clauses across templates creates forum-shopping and complicates dispute resolution.

Potential Penalties and Contractual Risks

Breach Liability: Damages and indemnity claims

Regulatory Fines: Fines for noncompliance with finance laws

Tax Withholding: Backup withholding for incorrect TIN

Reputational Risk: Customer complaints and brand harm

Payment Disputes: Delayed or withheld commission payments

Contract Voidance: Invalid signature or lack of authority

eSignature Pricing Comparison — signNow First

Compare baseline pricing and feature availability for common eSignature platforms when executing Finance Reseller Agreements.

	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	Yes, 7-day free trial	Varies by plan	Varies by plan	Varies by plan	Varies by plan
Bulk Send	Yes (Business Premium)	Yes	Yes	Yes	Varies
Audit Trail	Yes	Yes	Yes	Yes	Yes
HIPAA Compliant	Yes	Yes	Yes	No	No

Frequently Asked Questions About the Finance Reseller Agreement

Answers to common legal, operational, and eSignature questions encountered when preparing and executing a Finance Reseller Agreement.

Need help? Contact support

Can this agreement be signed electronically?
Yes. Under the federal ESIGN Act (15 U.S.C. ch. 96) and UETA in most states, electronic signatures are legally effective if intent, consent, attribution, and retention requirements are met.
Do resellers need special licenses?
Possibly. Certain financial products require state registration or broker licenses; verify licensing with state regulators and include compliance warranties in the agreement.
When is a notary required?
Most commercial contracts do not require notarization, but some states or specific statutory waivers may require notarization for assignment or power-of-attorney clauses—verify locally.
What happens if the TIN is wrong?
An incorrect TIN can trigger IRS backup withholding of 24% and penalties; ensure the reseller provides a correct W-9 before payments are made.
How should confidential data be protected?
Include confidentiality, data security obligations, breach notification timelines, and, where PHI is involved, a HIPAA Business Associate Agreement per 45 CFR part 160–164.
Can the agreement be modified after signing?
Yes, but modifications should be in writing and signed by authorized representatives. Consider amendment templates and version control in your contract repository.

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