Growth Opportunities Analysis

Last Revised: December 21, 2023

1. Introduction

By requesting the “Growth Opportunities Analysis” provided by Micronotes Inc., you agree to these Terms and Conditions. Please read them carefully.

2. Eligibility

This service is exclusively available to financial institutions and their authorized representatives. By requesting the 'Growth Opportunities Analysis' and agreeing to these terms, you affirm your identity as an individual authorized to act on behalf of your financial institution. You also certify that the email address provided is an official work email associated with your institution. This dual confirmation ensures your eligibility and the security of our communication process.

3. Analysis Description

The "Growth Opportunities Analysis" is a customized report designed to provide insights into potential growth opportunities for your financial institution based on data analytics and market trends.

4. Scope of Analysis

The analysis encompasses every consumer within a 5-mile radius of your branch locations, including likely your financial institution's existing customers. It offers a comprehensive view of the market, capturing both existing and prospective customer opportunities.

5. Construction of Analysis

This analysis is constructed using statistical sampling of consumers within a 5-mile radius of your branch locations. It incorporates average market interest rates, estimated closing costs, average underwriting criteria, and offer settings (such as minimum and maximum offer amounts, minimum acceptable FICO scores, offer terms, etc.). These are assumptions and may not reflect your real-case scenario.

6. Additional Materials

Upon receiving the analysis, you will also receive a firm offer of credit (FOC) package, showcasing detailed examples of FCRA-regulated firm offers of credit that the end-users will receive for each offer type, specifically designed for your financial institution. Post-onboarding, this package can be adjusted to align with your marketing and branding guidelines. Additionally, an ROI (Return on investment) calculator in the form of a spreadsheet will be included. Please note that the ROI calculator is based on assumptions and is not intended as financial advice.

7. Limitations and Disclaimer

Due to the statistical sampling and assumptions used, actual campaigns run with Micronotes Inc. post-onboarding may yield different numbers/outcomes. Conversion rates mentioned in the document are based on previous campaigns and may not be indicative of future results. While we strive to provide accurate and timely information, Micronotes Inc. does not guarantee the accuracy or completeness of the analysis.

8. Request Process

To receive the analysis, you must complete a request form and schedule a meeting with our sales team. The analysis will be provided in PDF format during this meeting, along with additional materials mentioned above.

9. Data Use and Privacy

All data used in the preparation of this analysis is sourced in compliance with applicable data protection and privacy laws. Micronotes Inc. is committed to protecting the confidentiality of your institution's information.

10. Intellectual Property

All content, data, and insights in the analysis are the intellectual property of Micronotes Inc. Unauthorized use, reproduction, or distribution of this material is prohibited.

11. Amendments

These Terms and Conditions may be amended from time to time. The latest version will be available on our website.

12. Governing Law

This agreement is governed by the laws of New York. Any disputes arising from this agreement will be subject to the exclusive jurisdiction of the courts in this jurisdiction.

13. Contact Information

If you have any questions about these Terms and Conditions, please contact us at support@micronotes.com.

14. Acceptance

By requesting the 'Growth Opportunities Analysis,' you acknowledge that you have read, understood, and agree to be bound by these Terms and Conditions.