Asset Based Lending, LLC has prepared this Reasonable Use Policy (“Policy”) as a guide for its customers to understand the intended and permissible uses of our service, and to prevent exploitation, fraud, and abuse of its unlimited proof of funds offer.
Normal, Reasonable Borrower Use
Asset Based Lending, LLC’s service is intended to process and deliver proof of funds requests at levels of our typical borrowers’ patterns (hereafter also referred to as “normal” investor use). “Unlimited” refers to that type and level of usage. “Typical” refers to the request patterns of at least 80% of our customers on a particular loan processing file. Normal investor request profiles and utilization do not include excessive levels that may arise from business or fraudulent use. “Unlimited” does not refer to those types and levels of usage. Proof of funds utilization that is indicative of, or arising from, impermissible business or fraudulent use, as outlined herein and at the discretion of Asset Based Lending LLC’s Partners, may be declined.