To be eligible to apply for a loan through Apex Core, you must meet all of the following requirements at the time of application and at all times during the loan term:
Apex Core reserves the right to verify your eligibility at any point and to decline or revoke approval if eligibility requirements are not met. Approval is subject to credit review and underwriting standards.
To access our loan application and account management tools, you must create an account by providing accurate, complete, and current information. You agree to:
Apex Core reserves the right to suspend or terminate any account found to contain false, misleading, or fraudulent information. Submitting false information in connection with a loan application may constitute bank fraud under federal law (18 U.S.C. § 1014).
Submitting a loan application does not guarantee approval or the availability of any specific loan product, amount, or rate. The loan application process works as follows:
We first conduct a soft credit inquiry (which does not affect your credit score) to provide you with estimated loan options. These are non-binding and subject to change upon full underwriting review.
If you choose to proceed, you will submit a complete application including financial documentation. We will conduct a full underwriting review, which may include a hard credit inquiry (which may affect your credit score). We will notify you before performing any hard inquiry.
If approved, you will receive a formal loan offer specifying the loan amount, interest rate, APR, term length, repayment schedule, and all applicable fees. The offer will remain valid for the period stated in the offer documents.
By electronically accepting a loan offer, you agree to be bound by the terms of the loan agreement. Funds are typically disbursed within 2–3 business days of acceptance via ACH transfer to your verified business bank account.
Required TILA disclosures include:
Please review all loan disclosures carefully before signing. If you have questions about any disclosure, contact our support team at support@apexcore.com before accepting your offer.
By creating an account and submitting an application, you consent to receive all communications from Apex Core electronically, including:
To access electronic documents, you will need: a device with an internet connection, a current web browser, and the ability to receive email. You may withdraw this consent at any time by contacting us at support@apexcore.com, though doing so may prevent you from completing your loan application or accessing your account electronically.
Your electronic signature has the same legal effect as a handwritten signature under the Electronic Signatures in Global and National Commerce Act (E-SIGN Act, 15 U.S.C. § 7001).
All fees and interest rates will be disclosed to you before you accept a loan offer. As a general overview:
All fees applicable to your loan will be clearly stated in your loan agreement prior to signing. We do not charge hidden fees.
Loan repayments are made via ACH debit from your designated business bank account on the schedule set forth in your loan agreement. You authorize Apex Core to initiate these debits for the amounts and on the dates specified. You are responsible for maintaining sufficient funds in your account on each payment date.
If a payment is not received within the grace period specified in your loan agreement, your account will be considered past due. Late fees and additional interest may accrue as described in your loan agreement. Apex Core may report delinquent accounts to consumer reporting agencies.
You will be in default if you: (a) fail to make a payment when due; (b) provide false or misleading information in your application; (c) file for bankruptcy; (d) cease operating your business; or (e) violate any material term of your loan agreement. Upon default, we may accelerate the outstanding loan balance, pursue collection, and report the default to credit bureaus.
You agree that loan proceeds obtained through Apex Core will not be used for any of the following prohibited purposes:
Misrepresenting the intended use of loan proceeds may constitute fraud and may result in immediate demand for repayment, account termination, and referral to law enforcement.
To the fullest extent permitted by applicable law:
Apex Core's total liability to you for any claim arising out of or relating to these Terms or your use of our services shall not exceed the total amount of fees paid by you to Apex Core in the 12 months preceding the claim.
In no event shall Apex Core, its officers, directors, employees, or agents be liable for any indirect, incidental, special, punitive, or consequential damages, including lost profits, lost business, or reputational harm, even if advised of the possibility of such damages.
Some jurisdictions do not allow the exclusion or limitation of certain damages, so the above limitations may not apply to you.
In the event of any dispute, claim, or controversy arising out of or relating to these Terms or Apex Core services, you and Apex Core agree to first attempt to resolve the dispute informally by contacting us at legal@apexcore.com. We will try to resolve the dispute within 30 days.
If informal resolution fails, both parties agree that any dispute shall be resolved by binding arbitration administered by the American Arbitration Association (AAA) under its Consumer Arbitration Rules, rather than in court. The arbitration will be conducted in New York, New York, or via telephone/video conference.
Class Action Waiver: You agree that any arbitration will be conducted only on an individual basis and not in a class, consolidated, or representative action. You waive any right to bring or participate in a class action lawsuit against Apex Core.
Nothing in this section prevents either party from seeking emergency injunctive relief in a court of competent jurisdiction to prevent irreparable harm.
These Terms shall be governed by and construed in accordance with the laws of the State of New York, without regard to its conflict of law principles. To the extent that arbitration does not apply, you consent to the exclusive jurisdiction of the state and federal courts located in New York County, New York.
Apex Core operates in compliance with applicable federal and state lending laws, including the Equal Credit Opportunity Act (ECOA), the Fair Credit Reporting Act (FCRA), and applicable state usury and lending statutes. We lend in all 50 states where permitted by law.
We reserve the right to modify these Terms at any time. If we make material changes, we will notify you by email and/or by posting a prominent notice on our website at least 30 days before the changes take effect. Your continued use of our services after the effective date of any changes constitutes your acceptance of the revised Terms.
If you do not agree to the revised Terms, you must stop using our services and contact us to close your account.
For questions about these Terms, contact us at: