1. TERMS OF ELECTRONIC COMMUNICATIONS CONSENT POLICY
We welcome you to the website (“Our Site”) of BridgeCo Financial, PLLC and its operating subsidiaries (collectively referred to as “We”, “BridgeCo” and the “Company”). Our Site was created to provide information about BridgeCo’s services as a commercial lender (“Services”) to individual, business, and commercial investors who visit Our Site to learn more about our Services (“you” and “your”). We invite you to read our Electronic Communications Consent Policy which explains our use of electronic means of communication with you and your legal rights with respect to such electronic communications, including your right to withdraw or revoke our consent to receive or transmit electronic communications and to insist upon communications in paper form.
2. ELECTRONIC DELIVERY OF COMMUNICATIONS
By your use of Our Site, receipt without objection to receipt of any information or documentation in electronic form, and/or your consent to the use of electronic signatures in our business relationship with you, you hereby agree to the terms and conditions of the Company’s Electronic Communications Policy. Your consent to the Company’s Electronic Communications Policy will continue in force and effect so long as you are in the process of or continue to utilize our services or receive, transmit, or send electronic communications.
The term “Electronic Communications” as used in this Electronic Communications Consent Policy shall include, but not be limited to, each and any disclosure, notice, agreement, payment or fee schedule, account statement, record, document, form, or other data or information which we provided to you or you provide to us, including any documentation that you sign, submit to, agree to, and/or provide in electronic form or transmit via electronic delivery mode.
3. SYSTEM REQUIREMENTS
To receive and send disclosures electronically, you will need access to an Internet browser, a PDF reader such as Adobe Acrobat, and access to a printer or other way to download information such as One Drive. You will also need a valid and active email address.
4. CHANGE OF EMAIL ADDRESS
You must promptly notify us by updating your contact information in your profile with the Company or by contacting us at our toll-free number at 713-600-2628 or via email at Our Site: www.bridgecofinancial.com.
5. WITHDRAWAL OF CONSENT
With the exception of those who are seeking to utilize our service or are currently using our service, you may withdraw your consent to our Electronic Communications Consent Policy at any time via email at Our Site: www.bridgecofinancial.com or by writing to us at our business headquarters address: BridgeCo Financial, LLC, 12140 Wickchester Lane, Suite 603, Houston, Texas 77079 Attention: Director of Business Development.
6. DISCLAIMER OF WARRANTIES
THE COMPANY PROVIDES ELECTRONIC COMMUNICATION AND DELIVERY SERVICES ON AN “AS IS” AND “AS AVAILABLE” BASIS. TO THE MAXIMUM EXTENT PERMITTED BY LAW, THE COMPANY DISCLAIMS ALL REPRESENTATIONS AND WARRANTIES, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO ANY WARRANTY OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, OR NON-INFRINGEMENT. THE COMPANY DOES NOT WARRANT THAT ELECTRONIC COMMUNICATIONS AND DELIVERIES WILL BE UNINTERRUPTED, ERROR-FREE, OR SECURE, OR THAT ELECTRONIC COMMUNICATIONS WILL BE FREE FROM VIRUSES OR OTHER HARMFUL COMPONENTS.
7. LIMITATION OF LIABILITY
TO THE MAXIMUM EXTENT PERMITTED BY LAW, THE COMPANY SHALL NOT BE LIABLE FOR ANY INDIRECT, INCIDENTAL, CONSEQUENTIAL, SPECIAL, EXEMPLARY, TREBLE, OR PUNITIVE DAMAGES ARISING OUT OF OR RELATED TO THE USE OF ELECTRONIC COMMUNICATION AND DELIVERY SERVICES, INCLUDING BUT NOT LIMITED TO LOSS, DAMAGE, DESTRUCTION, OR MISUSE OF DATA, DELAYS, SYSTEM FAILURES, OR OTHER INTANGIBLE LOSS, EVEN IF THE COMPANY HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.
8. ARBITRATION AGREEMENT
ANY DISPUTE, CLAIM, OR CONTROVERSY ARISING OUT OF OR RELATING TO THIS ELECTRONIC COMMUNICATIONS CONSENT, THE DELIVERY OR FAILURE OF DELIVERY OF ELECTRONIC COMMUNICATIONS, OR THE USE OF ANY ELECTRONIC DELIVERY SYSTEM (COLLECTIVELY, “DISPUTES”) SHALL BE RESOLVED EXCLUSIVELY BY BINDING ARBITRATION ADMINISTERED BY A NEUTRAL ARBITRATOR UNDER THE FEDERAL ARBITRATION ACT (“FAA”). The arbitration shall be conducted on an individual basis, before a single neutral arbitrator, EXCLUSIVELY IN HOUSTON, TEXAS, unless the parties mutually agree otherwise. THE PARTIES AGREE THAT HOUSTON, TEXAS IS A MATERIAL AND BARGAINED FOR TERM OF THIS ARBITRATION AGREEMENT. The arbitration shall be conducted in English. Unless the parties agree otherwise, the arbitration will proceed under the Commercial Arbitration Rules of the American Arbitration Association (“AAA”). The arbitrator shall have authority to award all forms of relief available under applicable law but shall NOT have authority to award class wide, collective, representative, or private attorney general relief.
9. CLASS ACTION WAIVER
TO THE FULLEST EXTENT PERMITTED BY LAW, YOU AND THE COMPANY AGREE THAT ANY ARBITRATION OR OTHER LEGAL PROCEEDING SHALL BE CONDUCTED ONLY ON AN INDIVIDUAL BASIS. YOU AND THE COMPANY EXPRESSLY WAIVE ANY RIGHT TO BRING, PARTICIPATE IN, OR RECEIVE RELIEF FROM ANY CLASS, COLLECTIVE, REPRESENTATIVE, PRIVATE ATTORNEY GENERAL, OR MASS ACTION LAWSUIT OR ARBITRATION. If a court or arbitrator determines that this class action waiver is unenforceable with respect to any particular claim, then the entire arbitration agreement shall be invalid as to that claim alone, and that claim may proceed in court. All remaining claims shall remain subject to this Arbitration Agreement.
10. VENUE CONFIRMATION
ALL ARBITRATION PROCEEDINGS SHALL OCCUR EXCLUSIVELY IN HOUSTON, TEXAS, unless you and the Company mutually agree to a different location in writing. The parties expressly acknowledge and agree that selecting Houston, Texas as the arbitration venue does not render this agreement unconscionable, burdensome, or unreasonable.
11. GOVERNING LAW
This Arbitration Agreement and Class Action Waiver are governed by the Federal Arbitration Act (FAA) and, to the extent not preempted, the laws of the State of Texas.
12. SURVIVAL AND SEVERABILITY
This Arbitration Agreement and Class Action Waiver shall survive termination of your loan, the withdrawal of your electronic communication consent, and the completion of any business transaction between you and the Company. If any provision is found unenforceable, the remaining provisions shall be enforced to the maximum extent permitted by law.
13. ACKNOWLEDGMENT
BY PROVIDING CONSENT TO ELECTRONIC COMMUNICATIONS, YOU ACKNOWLEDGE THAT YOU HAVE READ, UNDERSTAND, AND VOLUNTARILY AGREE TO THIS ARBITRATION AGREEMENT AND CLASS ACTION WAIVER, INCLUDING THE REQUIREMENT THAT ARBITRATION OCCUR IN HOUSTON, TEXAS.
Drawing upon extensive experience and an impressive multi-family portfolio, our client approached BridgeCo with a compelling opportunity—to finance the acquisition of a diverse portfolio comprising 10 multi-family properties. Recognizing the urgency of a quick closing, BridgeCo efficiently navigated the process, showcasing our commitment to agility and effectiveness. In an impressive feat, we funded the deal within two weeks, enabling our client to swiftly rehabilitate the properties. Subsequently, the properties were successfully sold in a timely manner, highlighting the collaborative efforts of both our borrower and BridgeCo in seizing and capitalizing on strategic real estate opportunities.
Drawing on their extensive experience in real estate development, the borrower strategically utilized the funds to refinance a seller note tied to the property. This land, pivotal for the creation of a comprehensive master-planned community predominantly featuring single-family residences, became the focal point of the borrower’s vision. Recognizing the time-sensitive nature of the endeavor, BridgeCo expedited the process, leveraging our borrower’s profound expertise in the field. In an impressive feat, we funded the deal within two weeks, playing a pivotal role in bridging the financial gap and propelling the borrower to the next stage of development.
The borrower strategically utilized the funds to refinance existing loans on their properties, concurrently securing a cash-out portion to facilitate the buyout of three partners. Recognizing the time-sensitive nature of the transaction, BridgeCo harnessed the robust financial position of the parent company, coupled with the cash flow generated from the subject property, to seamlessly fund the loan within one week.
BridgeCo seized the opportunity presented to us when the borrower encountered a pressing deadline for Phase 2 of their master-planned community development project. Despite having secured approval from a conventional lender, the borrower faced a challenge as the lender couldn’t meet the stringent timeline. Leveraging our streamlined approval process, we successfully facilitated the funding needed to meet the borrower’s closing date, completing the deal within two weeks.
With a robust background in real estate construction, our experienced borrower approached BridgeCo seeking to refinance an existing loan on a property nearing its renewal date. Bridging the financial needs seamlessly, we not only assisted in refinancing the loan before its maturity but also facilitated a cash-out portion. Recognizing the time-sensitive nature of the borrower’s requirements, BridgeCo expedited the process and funded the deal within two weeks. This additional capital empowers our client to embark on the construction of a new project in the vibrant Austin, TX area.
