The CAN Capital Customer Referral Program (the “Program”) offers eligible customers of CAN Capital, Inc. (“CAN Capital”, “we” or “us”) an opportunity to earn a $500.00 USD gift card (the “Incentive”) in return for providing us with an eligible small business referral that results in a funding of working capital to that referred business through CAN Capital.
Eligibility of Referring Party
The Program is available only to past and current customers of CAN Capital who are in good standing (i.e., not in default, current with payments and not in breach of any agreement with CAN Capital) and who have been invited to participate in the Program (hereinafter referred to as a “Referrer” or “you”).
Eligibility of Referral
Not every contact that you refer to us (each a “Referral”) will be deemed an eligible Referral that will result in you earning the Incentive payment under the Program. When we receive a Referral from you, we will first check that the Referral is eligible under the Program by confirming that the business is not already a CAN Capital customer or active prospect, has not already been referred to CAN Capital through some other means, is not on our email or telephone opt-out lists, does not operate in a territory where CAN Capital does not do business and does not otherwise fail to qualify for working capital provided through CAN Capital (e.g., insufficient time in business, operates a business within a non-qualifying industry, previously in default on working capital through CAN Capital). You will earn the Incentive only if the small business you referred actually obtains working capital through CAN Capital within ninety (90) days of the date you provided the Referral and both you and the Referral (including the business) qualify as eligible under these Official Rules. In addition, Referrers will not receive the Incentive for referring themselves, their affiliates and/or their subsidiaries (including for a renewal of their existing funding). CAN Capital reserves the right to disqualify anyone from this Program at any time. Anyone who violates these Official Rules is ineligible for payment of the Incentive.
Submitting a Referral
Each Referral must be submitted through your CAN Capital Sales Agent or through the online form found at the following URL: https://info.cancapital.com/customer-referral-program. All requested information (i.e., business and owner name and phone number) must be provided. All information provided must be as accurate as possible to the best of your knowledge. You must only submit contact information for small businesses or small business owners that you know (friends, colleagues, family members, and direct acquaintances) and who you have a good faith belief are eligible and in need of working capital. Referrers are limited to submitting five (5) Referrals per month.
How We Handle Referrals
If CAN Capital determines that the Referral might qualify for a funding product, which will be determined within our sole discretion, we may contact the referred business owner (by email or telephone) to inquire into its needs for working capital. You agree that we may use your name and the name of your business as the source of our lead. For confidentiality reasons, we cannot disclose any information to you regarding any business we may conduct with your Referral. However, we will track you as the source of any Referral and pay you the Incentive if you and your Referral are eligible and the Referral obtains working capital through CAN Capital within ninety (90) days of the date you provided the Referral. Participation in this Program requires a one-time waiver of privacy rights by both parties, because each party may become aware of the presence of an account relationship with CAN Capital. You so waive your right to privacy regarding whether you have an account through CAN Capital.
The Incentive will be paid to you for each eligible Referral that you provide us which leads to a funding through CAN Capital. Any earned Incentive(s) will be paid monthly, in arrears. Incentives are considered miscellaneous income, and may be reportable to you and the IRS on Form 1099-MISC. If the cumulative Incentive payments paid to you in a one calendar year exceed $599 USD, then form W-9 may be required to be completed prior to the triggering payment. You risk forfeiting any payments that are not claimed within 180 days of the date the funds are made available in the event that your email address or required tax information have not been properly provided to us. Risk of loss passes to recipient upon dispatch of the Incentive. CAN Capital will not be liable for any delays in paying the Incentive.
By participating in the Program, you agree not to solicit applications for working capital. You agree not to compensate, or accept any compensation from, the businesses whom you refer to CAN Capital through the Program. You agree that your activities will be limited to informing your Referrals about CAN Capital and providing your Referrals’ information to CAN Capital so that we may reach out to your Referrals. You may not collect information from your Referrals in connection with the Program or assist with filling out a funding application or discuss specific funding products or terms with your Referrals.
Your participation in the Program is solely as an independent contractor. Neither you nor CAN Capital intend to establish an employment relationship and you are not entitled to any benefits from CAN Capital.
CAN Capital reserves the right to temporarily or permanently modify or discontinue the Program at any time, for any reason, at our sole discretion, and without notice to you.