The "Magical Business" Master Consent & Disclaimer
1. Authorization for Credit & Information Checks
By submitting this application, I certify that I am the authorized owner/signatory of the business listed above. I explicitly authorize Magical Business (a subsidiary of Magical Credit Inc.) and its designated funding partners or service providers to obtain personal and business credit reports (including from Equifax and TransUnion), investigate credit references, and verify my identity for the purpose of assessing my eligibility for commercial financing. I understand that a "soft pull" may be used for initial eligibility, but a "hard inquiry" may appear on my credit report upon final funding approval.
2. Commercial Use Only
I certify that any funds obtained through Magical Business will be used strictly for commercial and business purposes (e.g., inventory, expansion, payroll) and not for personal, family, or household purposes. I acknowledge that this product is a commercial financing agreement and is separate from consumer loan products offered by Magical Credit.
3. Data Sharing & Brokerage Clause
I understand that if Magical Business is unable to fund my request directly, my application details (excluding sensitive banking login credentials) may be securely shared with a select network of trusted Canadian commercial lenders (the "Partners") to find an alternative approval. I consent to these Partners contacting me directly regarding my application.
4. PIPEDA & Privacy
My personal information will be collected, used, and stored in accordance with the Personal Information Protection and Electronic Documents Act (PIPEDA) and Magical Business's Privacy Policy.
5. CASL Consent (Anti-Spam)
I consent to receive electronic communications (email, SMS, and telephone) from Magical Business and its partners regarding my application, funding status, and future capital offers. I understand I can withdraw this consent (unsubscribe) at any time by clicking the link in any email or replying "STOP" to any SMS.