Capital Advance Terms

    Terms governing capital advances offered through RentalTide: a purchase of a share of future card sales

    Capital Advance Terms

    Version 2026-09-15-v3-purchase · Effective September 15, 2026

    DRAFT — PENDING LEGAL REVIEW. This version has not yet been reviewed by counsel and must not be enabled for new Advances until it has been. See the note at the end of Section 1.

    READ BEFORE ACCEPTING

    • This is a purchase of a portion of your future card sales. It is not a loan, and RentalTide is not a bank or a lender.
    • There is one fixed fee, set when we fund you. No interest, nothing compounds, no late fee, no fee for settling early.
    • We collect by taking a share of each card sale you process through RentalTide, until the Purchased Amount is collected.
    • There is no payment schedule and no due date. If your sales slow, we collect less. If you stop selling, we collect nothing.
    • You can ask us to recalculate your share at any time (Section 6).
    • If your business fails through ordinary business risk, you do not owe the remainder (Section 7).
    • SECTION 11 LIMITS RENTALTIDE'S LIABILITY TO $100 USD.
    • SECTION 13 CONTAINS BINDING ARBITRATION AND CLASS-ACTION WAIVER.
    • Advances accepted under the prior version are governed by Capital Advance Terms v2026-04-29-v1.

    Table of Contents

    1. What This Is
    2. Definitions
    3. The Purchase
    4. Funding
    5. Collection
    6. Reconciliation
    7. Business Risk and Recourse
    8. Early Settlement
    9. Cost Ceiling
    10. Eligibility & Continuing Obligations
    11. Limitation of Liability
    12. Indemnification
    13. Dispute Resolution
    14. Term & Termination
    15. General Provisions

    1. What This Is

    RentalTide purchases a fixed dollar amount of Merchant's future card sales at a discount. RentalTide pays Merchant the Funded Amount today, and collects the Purchased Amount over time by withholding an agreed percentage of each card sale Merchant processes through the Platform.

    This is a purchase of receivables. It is not a loan, a line of credit, or an extension of credit, and RentalTide is not a bank, a lender, or a licensed finance company. Specifically:

    • RentalTide does not charge interest. The Fixed Fee is set once, at funding, and never changes with the passage of time.
    • There is no maturity date, no payment schedule, and no minimum periodic payment.
    • Merchant has no absolute obligation to pay any amount on any date. Collection depends entirely on Merchant's sales, and RentalTide bears the risk that those sales do not occur (Section 7).

    Note for review. Sections 1, 6 and 7 carry the characterisation of this agreement as a purchase rather than a loan, and Section 9 carries compliance with jurisdictional cost ceilings. Counsel should confirm all four before this version is used, together with applicable commercial-financing disclosure and registration requirements.

    2. Definitions

    "Card Sale" means a payment by card processed by Merchant through the Platform on the Connected Account, net of refunds and chargebacks.

    "Connected Account" means the Merchant's Stripe Connect account linked to the RentalTide Platform.

    "Fixed Fee" means the single, one-time amount disclosed to Merchant at acceptance, expressed as a percentage of the Funded Amount. It is not interest and does not accrue.

    "Funded Amount" means the amount RentalTide pays to Merchant.

    "Holdback Rate" means the percentage of each Card Sale remitted to RentalTide, as disclosed at acceptance and as adjusted under Section 6.

    "Merchant" means the legal entity accepting these terms.

    "Outstanding Balance" means the Purchased Amount minus all amounts collected to date.

    "Platform" means the RentalTide SaaS application.

    "Purchased Amount" means the Funded Amount plus the Fixed Fee. This is the total amount RentalTide is entitled to collect, and it does not change after funding.

    "RentalTide" means RentalTide Inc., its affiliates, and its successors.

    "Stripe" means Stripe, Inc. and its affiliates.

    3. The Purchase

    3.1 Purpose

    This agreement is entered into solely for business purposes in connection with the operation of Merchant's rental business through the Platform. Merchant represents that the Funded Amount will not be used for personal, family, or household purposes.

    3.2 Amount

    Merchant selects the Funded Amount at acceptance, capped at the maximum offer displayed on the Capital page at that moment. The maximum offer is determined by RentalTide based on Merchant's recent volume processed on the Connected Account, and may change at any time.

    3.3 The Fixed Fee

    The Fixed Fee is disclosed as a dollar amount and as a percentage of the Funded Amount before Merchant accepts. It is fixed at funding and never changes thereafter — not with the passage of time, not if collection takes longer than estimated, and not if Merchant settles early.

    3.4 No Term

    There is no term, no maturity date and no payment schedule. Any duration shown on the Platform is an estimate derived from Merchant's recent sales, provided for planning only. It is not a deadline, and nothing becomes due on any date by reason of that estimate passing.

    4. Funding

    4.1 Transfer

    Upon acceptance, RentalTide will initiate a Stripe transfer of the Funded Amount to the Connected Account. Funds typically arrive within one (1) business day, subject to Stripe's payout schedule.

    4.2 Funding Delays

    If RentalTide cannot transfer immediately due to insufficient platform balance, the Advance is marked "pending funding" and funded within three (3) business days. Merchant may cancel a pending-funding Advance at any time before funding at no cost.

    4.3 No Funding Guarantee

    Eligibility displayed on the Platform is an estimate and is not a binding offer. RentalTide may decline any request in its sole discretion, including for reasons related to fraud risk, account standing, regulatory compliance, or jurisdiction.

    5. Collection

    5.1 Authorization

    Merchant authorizes RentalTide to withhold the Holdback Rate from each Card Sale and to retain that amount in satisfaction of the Purchased Amount. Collection is effected as a component of the processing fee applied to each Card Sale.

    5.2 Sales-Contingent

    Collection occurs only when and to the extent Merchant makes Card Sales. In any period in which Merchant makes no Card Sales, RentalTide collects nothing for that period, and no amount accrues, becomes overdue, or becomes payable by reason of that period passing.

    5.3 No Minimum, No Schedule, No Late Fee

    There is no minimum periodic payment, no payment schedule, and no late fee. Merchant is never in breach for making fewer sales than expected.

    5.4 Completion

    Collection ceases when the Purchased Amount has been collected in full, or when the ceiling in Section 9 is reached, whichever occurs first. The final collection is limited to the Outstanding Balance.

    5.5 No Card on File

    RentalTide does not store or charge a payment card to collect. All collection occurs through the Connected Account.

    6. Reconciliation

    6.1 Right to Request

    Merchant may, at any time and as often as Merchant wishes, request that the Holdback Rate be recalculated against Merchant's actual recent Card Sales. Requests are made from the Capital page in the Platform.

    6.2 RentalTide Will Honour the Request

    RentalTide will perform the recalculation using Merchant's trailing volume measured on the same basis used to price the Advance, and will adjust the Holdback Rate accordingly. The rate may be adjusted downward as well as upward.

    6.3 The Amount Owed Never Changes

    A reconciliation adjusts only the Holdback Rate, and therefore only the speed at which the Purchased Amount is collected. It never changes the Purchased Amount.

    6.4 Record

    Every reconciliation request is recorded, together with the volume figures on which it was decided and, where a request is not granted, the reason. Merchant may view this history on the Capital page.

    7. Business Risk and Recourse

    7.1 RentalTide Bears the Risk

    RentalTide has purchased a share of Merchant's future Card Sales. If those sales do not occur, RentalTide does not collect. A decline in Merchant's sales is not a default, and Merchant has no obligation to make up the difference from any other source.

    7.2 Business Failure

    If Merchant ceases operating through ordinary business risk — including insolvency, closure, or loss of business not caused by Merchant's breach of this Section — the uncollected portion of the Purchased Amount is not owed, and RentalTide has no claim against Merchant, its owners, or its other assets for that amount.

    7.3 Limited Recourse

    Section 7.2 does not apply, and RentalTide may recover the Outstanding Balance directly, where Merchant:

    1. diverts Card Sales away from the Platform, or processes sales that would ordinarily run through the Platform through another provider, in order to avoid collection;
    2. closes, restricts, or revokes RentalTide's access to the Connected Account before the Purchased Amount is collected;
    3. provided materially false information in connection with the Advance; or
    4. otherwise breaches this agreement.

    For the avoidance of doubt, a good-faith decline in sales volume, seasonal variation, and ordinary business difficulty are none of the above.

    7.4 No Personal Guarantee

    Merchant's owners, officers and directors do not personally guarantee the Purchased Amount, except in respect of their own fraud.

    8. Early Settlement

    8.1 Right to Settle

    Merchant may settle all or part of the Outstanding Balance at any time from the Connected Account's available Stripe balance, with no fee or penalty for doing so.

    8.2 No Discount

    Because the Fixed Fee is fixed at funding and does not accrue over time, settling early does not reduce the total amount owed. Early settlement is a cash-flow choice, not a saving. This differs from the prior version of these terms, under which early payoff did reduce future interest.

    8.3 Partial Settlement

    RentalTide's ability to collect a settlement through the Connected Account may be limited by Stripe's reversal limits, which are capped at the Funded Amount. Where a requested settlement exceeds what can be collected that way, RentalTide will collect what it can and the remainder continues to be collected under Section 5. The Platform discloses this at the time of the request.

    9. Cost Ceiling

    9.1 Ceiling

    In any jurisdiction for which RentalTide has set a maximum effective annual rate, and as disclosed to Merchant at acceptance, RentalTide will limit the total amount it collects so that the total cost of the Advance does not exceed that rate, calculated on the Funded Amount.

    9.2 Effect

    Where this ceiling applies and Merchant's sales are collected faster than estimated, RentalTide will collect less than the Purchased Amount, and the difference is forgone. This ceiling can only reduce what Merchant pays. It never increases it, and it never extends collection.

    9.3 Canada

    For Merchants settling in Canadian dollars, the ceiling is thirty percent (30%) effective annual rate, set below the criminal rate of interest in section 347 of the Criminal Code (Canada).

    10. Eligibility & Continuing Obligations

    10.1 Maintain Connected Account

    Merchant agrees to maintain the Connected Account in good standing with Stripe until the Purchased Amount is collected.

    10.2 Process Through the Platform

    Merchant agrees to continue processing its card sales through the Platform in the ordinary course. Merchant is not obligated to achieve any particular volume.

    10.3 One at a Time

    Merchant may hold only one (1) active or pending-funding Advance at a time.

    11. Limitation of Liability

    11.1 Cap

    To the maximum extent permitted by law, RENTALTIDE'S TOTAL CUMULATIVE LIABILITY ARISING OUT OF OR RELATED TO THE ADVANCE OR THESE TERMS SHALL NOT EXCEED ONE HUNDRED DOLLARS (USD $100).

    11.2 Excluded Damages

    In no event shall RentalTide be liable for any indirect, incidental, consequential, special, or punitive damages, lost profits, lost revenue, or business interruption, whether based in contract, tort, or any other theory.

    11.3 Disclaimer

    THE ADVANCE AND ALL RELATED SERVICES ARE PROVIDED "AS IS" AND "AS AVAILABLE." RENTALTIDE DISCLAIMS ALL WARRANTIES, EXPRESS, IMPLIED, OR STATUTORY, INCLUDING WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, AND NON-INFRINGEMENT.

    12. Indemnification

    Merchant shall defend, indemnify, and hold harmless RentalTide and its officers, directors, employees, and affiliates from and against any and all claims, damages, losses, liabilities, costs, and expenses (including reasonable attorneys' fees) arising out of or related to (a) Merchant's breach of these terms, (b) Merchant's violation of any law, and (c) any third-party claim that Merchant lacked authority to bind its business to these terms.

    13. Dispute Resolution

    13.1 Informal Resolution

    Before filing any claim, the parties shall attempt to resolve the dispute informally by written notice to the other party for a period of thirty (30) days.

    13.2 Binding Arbitration

    If informal resolution fails, all disputes shall be resolved by binding individual arbitration administered by the American Arbitration Association under its Commercial Arbitration Rules. Arbitration shall take place in Delaware, USA.

    13.3 Class-Action Waiver

    THE PARTIES WAIVE ANY RIGHT TO PARTICIPATE IN A CLASS ACTION, COLLECTIVE ACTION, OR REPRESENTATIVE ACTION. Each party may bring claims only in its individual capacity.

    13.4 Governing Law

    These terms are governed by the laws of the State of Delaware, USA, without regard to its conflict of laws principles.

    13.5 Quebec

    Nothing in Sections 13.2 or 13.3 limits any right a Merchant domiciled in Quebec has under applicable Quebec law, including the right to bring proceedings at its domicile.

    14. Term & Termination

    14.1 Effective Date

    These terms are effective as of the date Merchant accepts them in the Platform and continue until the Purchased Amount is collected in full, the ceiling in Section 9 is reached, the Advance is cancelled under Section 4.2, or Section 7.2 applies.

    14.2 Cancellation

    Merchant may cancel an Advance only while it is in "pending funding" status. Once funded, the Advance is settled by collection under Section 5, by early settlement under Section 8, or under Sections 7.2 or 9.

    14.3 Survival

    Sections 11 (Limitation of Liability), 12 (Indemnification), 13 (Dispute Resolution), and any provisions that by their nature should survive, will survive termination.

    15. General Provisions

    15.1 Entire Agreement

    These terms, together with the RentalTide Terms of Service and Provider Terms, constitute the entire agreement between the parties regarding the Advance.

    15.2 No Waiver

    No failure or delay by RentalTide in exercising any right shall operate as a waiver thereof.

    15.3 Severability

    If any provision is held unenforceable, the remaining provisions will remain in full force and effect.

    15.4 Assignment

    Merchant may not assign these terms without RentalTide's prior written consent. RentalTide may assign these terms to an affiliate or in connection with a merger, acquisition, or sale of assets.

    15.5 Modifications

    RentalTide may update these terms by posting a new version on the Platform. The version in effect on the date of Merchant's acceptance governs that specific Advance for its full duration. Prior versions remain published for as long as any Advance accepted under them is outstanding.

    15.6 Contact

    Questions: legal@rentaltide.com

    Capital Advance Terms · Version 2026-09-15-v3-purchase · Last updated September 15, 2026