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Linx2Funds Application Agreement

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LINX2Funds Application and Agreement

5LINX® Enterprises, Inc./LINX2Funds

275 Kenneth Drive, Rochester, New York 14623

Fax: 585 359-0233 • www.LINX2Funds.com

APPLICANT INFORMATION

OFFICE USE ONLY

ENROLLER INFORMATION (Only if Applicable)

Documents to submit with this application:

If an approved not-for-profit entity, please submit a copy of your IRS determination letter.

PLEASE STATE YOUR “CAUSE” FOR PARTICIPATING IN THE LINX2Funds WEBSITE:

PLEASE NOTE:

By signing below, I apply to participate in the LINX2Funds program. I certify that I am of legal age (the age of majority) for the state in which I reside. I have received and read the terms and conditions attached to this application and agree to abide by them. I understand that I have the right to terminate as specified in paragraph 8 of the terms and conditions.

Please mail or fax this Application and Agreement (with the required documentation) to 5LINX® and an Identification Number (RIN) will be assigned to you.

Terms and Conditions

Terms and conditions for the Affinity Agreement entered into on the day as noted on Page 1, between 5LINX® Enterprises, Inc., hereinafter referred to as the “Active Partner”, and the LINX2Funds applicant as noted on page 1, hereinafter referred to as the “Passive Partner”.

1. DEFINITIONS AND RELATED PROVISIONS: Purpose of agreement is for Active Partner to inform, offer and provide a variety of services to members, employees, supporters, and customers of Passive Partner.

2. RELATIONSHIP BETWEEN PARTIES: This Agreement does not in any way create the relationship of principal and agent or employer and employee between Active Partner and the Passive Partner.

3. MARKETING: The program shall be the property of Active Partner, with promotional rights and approval rights as described in the agreement.

4. SERVICE OBLIGATIONS: Active Partner shall provide prompt, efficient and proper service and maintenance to all members, employees, supporters and/or customers.

5. EXCLUSIVITY: Active Partner is granted exclusivity under this agreement only for services defined in Attachment A.

6. INDEMNIFICATION: Active Partner and Passive Partner agree to indemnify and save the other Party harmless from claims, loss, damage, injury and liability.

7. DURATION OF AGREEMENT: The initial term of this agreement will be for a one (1) year period and will automatically renew continuously in one-year increments.

8. TERMINATION: Either party may terminate the Agreement after notice and cure period conditions described in the agreement.

9. CONFIDENTIAL INFORMATION: Confidential Information shall be maintained and protected by the other party with at least the same effort used to protect its own confidential information.

10. TITLE AND SUBLICENSING: Passive Partner warrants and represents that it has the right and power to license the trademarks to Active Partner.

11. NOTICES: All notices required or permitted to be given hereunder shall be in writing and personally delivered, telecopied, or sent by mail.

12. GOVERNING LAW: The Agreement and performance hereunder shall in all respects be governed by the laws of the state of New York.

Attachment A - Services

Services include digital phone service, GLOBALINX® video phone, commercial digital phone service, wireless service, satellite TV, and home security services.

Attachment B - Promotional Support

Promotional support includes marketing campaign support, website links and banners, email correspondence, direct mail, inserts, telemarketing, event sponsorship, newsletters, and intellectual property support.

Attachment C - Royalty Payments

Royalty payments are based on monies collected from related members, employees, supporters and customers for services listed on Attachment A.

Attachment D - Financial Arrangement

This attachment outlines the roles and financial commitments of the active partner and passive partner, including website development, correspondence, reporting, and financial commitments.

Appendix 1 - Royalties

Royalties will be computed based on activated services of related members, employees, supporters and friends as per the following rate schedule.

Product / Service Up-Front Bonus Monthly Residual Residual Duration
GLOBALINX® Digital Phone Service $10 $2/month Indefinite
Wireless Phone Service $5 $2/month 24 Months
Satellite Television Service $5 $2/month 36 Months
Protect America Home Security NA $2/month Indefinite
5LINX ID Guard Identity Protection NA $1/month Indefinite

** SPECIAL CUSTOMER ACQUISITION BONUSES **

25 GLOBALINX® Customers=$250 Bonus
100 GLOBALINX® Customers=$1,000 Bonus
500 GLOBALINX® Customers=$5,000 Bonus
2,000 GLOBALINX® Customers=$10,000 Bonus
10,000 GLOBALINX® Customers=$50,000 Bonus

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What the Linx2Funds Application Agreement Is

The Linx2Funds Application Agreement is a standardized funding application used to request capital or credit from Linx2Funds. It documents applicant identity, funding purpose, amount requested, repayment terms, and certifications required by the lender. The form establishes the applicant's representations, supporting documentation checklist, and signature blocks for all parties. When completed and executed, it creates the record the lender uses to evaluate creditworthiness, trigger underwriting steps, and establish funding conditions. This page explains how to prepare, sign, submit, and retain the agreement in compliance with U.S. electronic signature and recordkeeping rules.

Why a Proper Linx2Funds Application Agreement Matters

A clear, complete application reduces processing delays, avoids incomplete verifications, and preserves legal enforceability under U.S. electronic signature law.

Why a Proper Linx2Funds Application Agreement Matters

Who Typically Completes the Linx2Funds Application Agreement

Companies, loan officers, financial administrators, and individual applicants use this agreement when applying for financing through Linx2Funds.

  • Small business owners preparing an initial funding request and attaching financial statements for underwriting.
  • Loan officers and brokers submitting applications on behalf of clients with required attestations and disclosures.
  • Internal finance teams assembling supporting documents, routing approvals, and executing final signature blocks.

Correct completion speeds underwriting and supports a defensible record if disputes or audits arise.

Core Elements to Include in a Professional Application

A complete Linx2Funds Application Agreement groups identity data, funding details, certifications, supporting exhibits, signature blocks, and routing instructions so underwriters can process efficiently.

Applicant Identity

Legal name, DBA, tax ID, and contact information for verification and KYC checks.

Funding Request

Requested amount, purpose of funds, use of proceeds, and preferred disbursement method.

Financial Disclosure

Recent balance sheet, income statement, bank statements, and material liabilities.

Certifications

Affirmations about accuracy, authority to sign, and consent to credit and background checks.

Supporting Docs

List of required attachments (ID, EIN, invoices, contracts) and expected file formats.

Signature Blocks

Designated spaces for applicant, co-signer, and authorized lender signatories with dates.

Step-by-Step: How to Complete and Submit the Linx2Funds Application Agreement

Follow these practical steps to prepare the application, collect attachments, obtain signatures, and deliver the completed record to Linx2Funds.

  • 01
    Collect Documents: Gather IDs, tax documents, financial statements, and any required exhibits.
  • 02
    Fill Core Fields: Complete applicant identity, funding request, and financial disclosure accurately.
  • 03
    Attach Exhibits: Upload supporting PDFs or scans, label each file clearly, and confirm readability.
  • 04
    Execute Signatures: Sign electronically or in person, ensuring signer authority and date fields are completed.

Configuring an Online Workflow for the Agreement

Map each workflow setting to ensure proper authentication, routing, and storage when using an eSignature platform.

Field Configuration
Authentication Email link, SMS code, or stronger KBA depending on risk.
Routing Sequential or parallel signer order with conditional routing rules.
Notifications Email reminders, forwarding, and completion alerts to stakeholders.
Storage Encrypted repository with retention and access controls.

How eSubmission Typically Works for Funding Applications

The online signing flow moves the document from submission through verification to final archive with an auditable trail of actions.

  • Upload Document: Sender uploads the completed application and supporting files.
  • Place Fields: Add signature, date, and data entry fields for each party.
  • Authenticate Signers: Choose authentication level based on compliance needs.
  • Capture Audit Trail: Platform records timestamps, IPs, and signer actions.

Technical and Integration Considerations for eSubmissions

Ensure the eSignature platform supports required integrations, formats, and compliance features for Linx2Funds workflows.

  • File Formats: PDF, DOCX, and flattened PDF support is recommended.
  • Integrations: CRM and ERP connectors (Salesforce, NetSuite) streamline routing.
  • Authentication: SMS, email, and advanced signer verification options required.

Typical Timelines and Processing Expectations

Use these timelines to set expectations for submission, review, underwriting, and disbursement phases for a standard application.

Submission Window:

Complete application and attachments before the stated cutoff for the funding round.

Initial Review:

Underwriting typically reviews within 3–5 business days after complete submission.

Requests for Info:

Expect follow-up questions; respond within 48–72 hours to avoid delays.

Final Decision:

Decision and terms usually delivered within 7–14 business days for standard cases.

Disbursement:

Funds disbursed after documentation and conditions precedent are satisfied.

Key Milestones from Submission to Funding

Track these sequential milestones to monitor progress and escalate missing items during underwriting.

01

Application Submitted

Document is uploaded and initial completeness check performed.

02

Underwriting Review

Credit and financial analysis conducted; questions issued as needed.

03

Conditional Approval

Terms provided pending final document execution and conditions.

04

Final Execution

All parties sign; documents archived and funds scheduled for disbursement.

Comparison: eSignature Pricing and Key Feature Availability

Common eSignature pricing and feature differences to consider for executing the Linx2Funds Application Agreement; signNow is listed first per vendor data.

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 trial Varies Varies Varies Varies
Bulk Send Yes Yes Yes Yes No
Audit Trail Yes Yes Yes Yes Yes
HIPAA Compliant Yes Yes Yes No No

Security and Compliance Features to Preserve Confidentiality and Integrity

Encryption: TLS 1.2/1.3 in transit; AES-256 at rest
Certifications: SOC 2 Type II, ISO 27001
HIPAA: BAA available for protected health information
21 CFR Part 11: Support for FDA-compliant electronic records
Audit Trail: Detailed timestamps, IPs, and action logs
Access Controls: Role-based access and SSO options

Penalties and Risks from Incorrect or Incomplete Applications

Late Filing: Potential processing delay
Incorrect TIN: Backup withholding (24%) may apply
Missing Signatures: Document may be void or rejected
Fraudulent Info: Civil and criminal exposure
I-9 Violations: $281–$2,789 per violation
Tax Penalties: $60–$660+ per incorrect information return

Common Mistakes That Cause Delays

  • Incomplete attachments or unlabeled files slow underwriting and often trigger manual follow-up requests from the lender.
  • Using a personal email for corporate signers can fail identity checks; use official company addresses and authorized signer details.
  • Entering mismatched names or TINs causes verification failures and may lead to backup withholding or re-submission requirements.
  • Skipping the consumer electronic consent disclosure in consumer-facing financing can render the electronic signature process noncompliant.

Real-World Examples from Organizations Using Digital Signing

These examples show how organizations streamlined funding-related paperwork and preserved auditability with eSignature workflows.

Optica Ventures (Brian Fitzgibbons)

Optica centralized application intake to reduce manual handling and improve client turnaround time.

  • The interface made it easier for clients to sign remotely.
  • "The interface is simple and easy-to-use for our team; more importantly, it is just as easy for our customers."

Martin Properties (Tim Martin)

Martin Properties adopted online execution to close more transactions without in-person meetings.

  • Mobile signing enabled field teams to finish paperwork on site.
  • "Whether on mobile or working offline, I can get forms back to their necessary parties efficiently."

Frequently Asked Questions About the Linx2Funds Application Agreement

Answers to common questions about signing, validity, required fields, and platform considerations when completing the application.


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