Terms and Conditions for ACH Authorization

This ACH Authorization Agreement ("Agreement") is entered into between Slim Capital, hereinafter referred to as the "Lender," and the undersigned Borrower, hereinafter referred to as the "Customer." The Customer acknowledges that by submitting this online form, they are authorizing Slim Capital, as well as any of its third-party servicers, to initiate ACH transactions for the purpose of drafting future payments from the Customer's designated bank account. The Parties agree to the following terms and conditions:

1. Authorization:

1.1 Customer hereby authorizes Slim Capital and any of its third-party servicers to initiate electronic debit and credit entries to Customer's designated bank account. Customer acknowledges that these transactions will be processed through the Automated Clearing House (ACH) network.

1.2 Customer's bank account information, as provided, shall be used exclusively for ACH transactions related to the services provided by Slim Capital and its third-party servicers.

2. Terms of Payment:

2.1 Customer authorizes Slim Capital and its third-party servicers to initiate ACH debits or credits for the purpose of payment or collection of funds as specified in the invoices, agreements, or any other relevant documentation between the Parties.

2.2 The Customer understands and agrees that unless they inform Slim Capital otherwise in writing, future payments may be redrafted from the Customer's designated bank account by Slim Capital or its third-party servicers as required for loan repayment or other financial obligations.

3. Revocation of Authorization:

3.1 Customer may revoke this authorization at any time by providing written notice to Slim Capital. Revocation of authorization does not release the Customer from their obligation to make payments as per the terms of the underlying agreements.

By submitting this online form, the Customer acknowledges that they have read and understood the terms and conditions outlined in this Agreement and consents to the authorization for Slim Capital and its third-party servicers to initiate ACH transactions as specified herein.