Marketplace & Loan Brokerage Disclosure
Bitxfunding, LLC (d/b/a BitX Capital) is an online commercial financing marketplace, loan broker, and business connector based in Fairfield County, Connecticut. BitX Capital is not a direct lender, bank, or capital provider. BitX Capital does not make credit decisions, originate financial products, or issue loans directly.
Through our online marketplace, BitX Capital connects small-to-medium-sized business (SMB) owners with third-party funding providers, lenders, banks, and financial partners. In describing funding capabilities and products, terms such as "lenders," "loans," "credit," and "financing" refer to our network of independent capital providers.
Financial Marketplace Products
Our network provides access to a variety of commercial financing solutions tailored to small business needs, including but not limited to:
- Short-Term Business Loans: Accelerated financing structured with short repayment windows for immediate working capital needs.
- Merchant Cash Advances (MCAs): The purchase of a specified amount of a business’s future credit/debit card receivables at a discount. MCAs are "true sales" of future receivables—not traditional loans or extensions of credit—and carry no fixed maturity dates or personal payment guarantees.
- Mid-Term Business Loans: Fixed-term commercial loans providing higher funding amounts with extended repayment options up to several years.
- SBA 7(a) Loans: Government-backed small business financing facilitated through SBA-approved lending partners offering long terms and low rates.
- Business Line of Credit: Revolving credit facilities allowing businesses to draw funds up to a credit limit as needed and pay interest only on what is drawn.
- Equipment Financing: Asset-backed funding designed specifically for purchasing or leasing essential machinery, vehicles, or technology.
- Startup Business Loans: Specialty funding options designed for newer businesses seeking capital for growth and operational setup.
- Factoring Receivables: Cash flow solutions generated by selling outstanding business-to-business invoices at a discount to funding providers.
- Inventory Financing: Revolving or short-term lines secured by inventory to help businesses purchase stock and fulfill order demands.
- HELOC for Business: Home equity lines of credit leveraged by business owners for commercial investment and expansion.
IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEW ACCOUNT
By applying, signing, faxing, or emailing us your application, you certify that (i) you are authorized to apply on behalf of the company whose full legal name appears under the Company Information portion of the Loan Application for a business loan/financing from us or our lender network, and (ii) all information you provide is true and complete. You agree to notify us of any material changes to your financial condition.
You understand & agree that Bitxfunding, LLC and our marketplace partners, lenders, and assignees are authorized to contact 3rd parties to make inquiries in evaluating your application (including pulling personal and business credit reports from credit reporting agencies). You agree that we may share application data with 3rd-party lenders who may offer financing options.
To help the government fight the funding of terrorism and money laundering activities, Federal law requires us and our lending partners to obtain, verify, and record information that identifies each entity and individual opening an account or requesting financial services with BitX Capital.
Indemnity
Bitxfunding, LLC is a commercial finance brokerage firm. You agree to indemnify, defend, and hold harmless Bitxfunding, LLC, its affiliates, licensors, and partners, including without limitation, Bitxfunding, LLC service providers and marketplace lenders—and their respective officers, directors, employees, agents, and representatives—from and against all losses, expenses, damages, and costs. This includes reasonable attorneys’ fees for any claims or allegations arising out of your use of the Site or violation of these Terms.
Disclaimer of Warranties
bitxfunding.com & bitxcapital.com, THE WEBSITE CONTENT, AND USER CONTENT ARE PROVIDED "AS IS" AND "AS AVAILABLE" WITHOUT WARRANTY OF ANY KIND, EXPRESS OR IMPLIED. BITXFUNDING, LLC MAKES NO GUARANTEE THAT MARKETPLACE OFFERS, RATES, OR LOAN OPTIONS ARE PERMANENT, ACCURATE, OR GUARANTEED FOR APPROVAL. APPROVAL IS SOLELY AT THE DISCRETION OF THIRD-PARTY LENDERS. WE DISCLAIM ALL WARRANTIES THAT THE SITE WILL BE UNINTERRUPTED OR ERROR-FREE.
Limitation of Liability
UNDER NO CIRCUMSTANCES SHALL BITXFUNDING, LLC OR ANY OF ITS AFFILIATES BE LIABLE FOR ANY DIRECT, INDIRECT, INCIDENTAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES ARISING FROM YOUR USE OF THE SITE OR MARKETPLACE SERVICES. YOUR SOLE REMEDY FOR DISSATISFACTION IS TO DISCONTINUE USING THE SITE.
Governing Law and Forum (Connecticut Jurisdiction)
These Terms, and all claims arising out of or relating to your interaction with Bitxfunding, LLC d/b/a BitX Capital, shall be governed by and construed in accordance with the laws of the State of Connecticut, without giving effect to conflicts of law principles. You agree that any legal dispute or binding arbitration shall take place exclusively within Fairfield County, Connecticut, pursuant to the Commercial Dispute Resolution Procedures of the American Arbitration Association.
Limited Time to Bring Claims
You agree that any cause of action arising out of or related to BitX Capital or these Terms must be commenced within one (1) year after the cause of action accrues. Otherwise, such cause of action is permanently barred.
Questions Regarding Our Terms?
If you have questions about our marketplace terms, disclosures, or copyright matters, please contact us at: