These Loan Application Terms and Conditions govern the application for, processing, approval, disbursement, servicing, and repayment of loans offered by SLIVER UNION INVESTMENTS.
SLIVER UNION INVESTMENTS operates and invests in various sectors, including Oil & Gas, Gold, Agriculture, and other approved investment opportunities. We may make loan facilities available to existing investors, prospective investors, and members of the general public, subject to eligibility requirements, verification, availability of funds, and applicable laws and regulations.
By submitting a loan application, the Applicant acknowledges that they have read, understood, and agreed to be bound by these Terms.
Loan facilities may be available to:
The Company reserves the right to approve or decline any application at its sole discretion, subject to applicable law.
We may offer loan facilities of varying amounts depending on the Applicant's circumstances, the Company's available funding, internal assessment, and applicable lending limits.
The amount requested by an Applicant does not automatically constitute the amount approved by the Company.
The final approved loan amount, applicable terms, conditions, and disbursement arrangements shall be communicated to the Applicant before disbursement.
As part of the Company's loan structure, an approved Applicant is required to provide an initial deposit equivalent to 20% of the approved loan amount, unless otherwise agreed in writing by the Company.
Approved loan:
$10,000,000
Required initial deposit:
$2,000,000
This initial deposit is intended to serve as a soft security/collateral arrangement in connection with the loan facility.
The Applicant shall not be required to provide physical assets such as landed property, vehicles, machinery, or other tangible property as collateral, unless otherwise agreed in writing.
The Applicant acknowledges and agrees that the 20% initial deposit is not intended to constitute a non-refundable loan processing fee.
Subject to the Company's applicable procedures and the terms of the investment arrangement, the deposit shall be allocated to an investment or investment- related activity operated or managed by the Company.
The purpose of the investment is to generate proceeds that may be applied toward servicing the Applicant's loan obligations.
We shall maintain appropriate records of the Applicant's deposit and its applicable investment allocation.
Where the applicable investment generates sufficient proceeds, such proceeds may be applied toward the servicing and/or repayment of the Applicant's loan in accordance with the loan agreement.
The Applicant understands that investment returns are dependent upon the actual performance of the underlying investment activities and are not guaranteed unless expressly stated in a separate written agreement and permitted by applicable law.
Accordingly, the Applicant should not assume that the investment proceeds will necessarily be sufficient to discharge the entire loan obligation within a particular period.
Where investment proceeds are insufficient to satisfy the Applicant's outstanding loan obligations, the Applicant may remain responsible for the outstanding balance in accordance with the applicable loan agreement.
Unless otherwise expressly agreed, the Company does not require physical collateral from an Applicant as a prerequisite for the loan facility.
The 20% initial deposit and the related contractual arrangements constitute the primary security mechanism under this loan structure.
The Company reserves the right to request additional security, guarantees, documentation, or other forms of assurance where required by the Applicant's circumstances, the size of the facility, risk assessment, or applicable law.
The 20% initial deposit is intended to remain attributable to the Applicant, subject to the terms of the investment and loan agreement.
Once the Applicant's loan has been fully serviced or otherwise discharged in accordance with the applicable agreement, the Applicant may elect to:
Any withdrawal shall be subject to applicable withdrawal procedures, investment maturity periods, outstanding obligations, applicable taxes or statutory deductions, and the terms of the relevant investment agreement.
The Company shall not represent that investment capital or investment returns are risk-free unless expressly permitted and guaranteed under applicable law.
Applicants shall provide accurate, complete, and verifiable information and documentation as requested by the Company.
Depending on the Applicant and the nature and amount of the facility, required documentation may include:
The Company may conduct identity verification, background checks, source-of-funds checks, credit assessments, anti-money-laundering checks, and other due diligence required by law or Company policy.
The general application process may include:
The Company may modify this process where necessary.
The Applicant shall only make the required deposit through payment channels officially designated by the Company.
Applicants should not make payments to unauthorized individuals, personal accounts, unofficial agents, or third parties claiming to represent the Company.
We shall provide appropriate evidence or acknowledgment of any deposit received.
Loan disbursement shall occur only after the Applicant has satisfied all applicable requirements and the Company has completed its approval and verification procedures.
Approval of an application does not necessarily constitute an unconditional obligation to disburse funds where material information has changed, required documentation is incomplete, compliance requirements have not been satisfied, or circumstances arise that legally or commercially prevent disbursement.
Any applicable interest rate, administrative charge, service fee, investment management fee, tax, statutory charge, or other cost associated with the loan or investment arrangement shall be disclosed to the Applicant in writing before the Applicant becomes bound by the relevant transaction.
We shall not impose undisclosed charges.
Where applicable, the Applicant shall receive a loan schedule or statement setting out the relevant financial obligations.
The Applicant acknowledges that investments in sectors such as Oil & Gas, Gold, Agriculture, and related markets may involve commercial, operational, market, regulatory, commodity-price, foreign-exchange, environmental, and other risks.
Past investment performance is not necessarily indicative of future performance.
Investment proceeds may vary and may be higher or lower than anticipated.
The Company's use of investment proceeds toward loan servicing does not constitute a guarantee that the investment will generate a particular return or that the loan will automatically be fully repaid within a particular period.
The Applicant agrees to:
Providing false, misleading, forged, or fraudulent information may result in cancellation of the application, termination of the facility, recovery proceedings, and/or referral to the appropriate authorities.
An Applicant may be considered in default where they:
In the event of default, the Company may exercise the rights and remedies available under the applicable loan agreement and applicable law.
Where the Applicant becomes entitled to withdraw the 20% deposit or applicable investment value, the Applicant shall submit a withdrawal request in accordance with the Company's procedures.
Withdrawal may be subject to:
We shall communicate any applicable withdrawal conditions to the Applicant.
The Company shall handle Applicant information in accordance with applicable privacy and data-protection laws.
The Applicant authorizes the Company to collect, process, store, and use information reasonably necessary for loan processing, investment administration, verification, compliance, record keeping, risk management, and other lawful business purposes.
Where disclosure to regulators, financial institutions, professional advisers, service providers, or law-enforcement authorities is required or permitted by law, the Company may disclose relevant information as appropriate.
Submission of an application and payment of the initial deposit does not by itself guarantee approval or disbursement of a loan.
The Company reserves the right to conduct appropriate due diligence before final approval.
Where an application cannot proceed, the Company shall handle any refundable deposit in accordance with the applicable agreement and its stated refund policy.
Where a deposit is refundable under these Terms or the applicable agreement, the Company shall process the refund in accordance with its stated refund procedures.
The Applicant acknowledges that where the deposit has already been allocated to an investment, the timing and amount of any withdrawal may be affected by the terms, maturity, liquidity, or performance of that investment.
Any applicable deduction must be disclosed and permitted by the relevant agreement and applicable law.
The Company reserves the right to suspend or terminate any transaction where it reasonably suspects fraud, money laundering, identity theft, misrepresentation, unauthorized activity, or any other unlawful conduct.
Applicants are advised to communicate only through the Company's officially designated communication channels.
The Company may amend these Terms from time to time where necessary to reflect changes in its business operations, investment structure, applicable law, regulatory requirements, or risk-management policies.
Any material amendment applicable to an existing Applicant or customer shall be communicated in accordance with the applicable agreement and law.
These Terms and any related loan or investment agreement shall be governed by the laws of the United States of America.
Any dispute arising from or relating to the loan or investment arrangement shall be handled in accordance with the dispute-resolution procedures contained in the applicable agreement and the laws of the relevant jurisdiction.
By signing or accepting the applicable loan and investment agreements, the Applicant confirms that:
I/We hereby declare that the information and documentation supplied in connection with this loan application are true, accurate, complete, and authentic to the best of my/our knowledge.
I/We confirm that I/we have read, understood, and accepted these Loan Application Terms and Conditions and agree to be bound by the applicable loan and investment agreements.
These Loan Application Terms and Conditions should be read together with any applicable loan agreement, investment agreement, privacy policy, and other documents governing the relevant transaction.