Everything you need to know about our lending agreement, in plain language.
In this Agreement, unless the context otherwise requires, the words below have the following meanings:
“Act” — the Consumer Credit Act 1974.
“Amount of credit” — also referred to as “your loan” — is the amount of credit provided under this Agreement.
“Total charge for credit” — the sum of interest charged on the Amount of credit.
“Total amount payable” — the total amount payable by you under the terms of this Agreement, being the sum of the Amount of credit and the Total charge for credit.
“You” / “your” — the borrower(s).
“We” / “us” / “our” — URANO FINANCING, LLC, its successors and assigns.
Company Name: URANO FINANCING, LLC
Entity Number: E0423752009-3
Status: Active
Nevada Business ID: NV20141221072
Address: 4707 Sirach Ct, Sparks, NV 89436, USA
Phone: +1 903 265 4396
Loans ranging from $50,000 to $50,000,000.
Interest rates ranging from 5% to 20%, depending on the type of loan.
Fast funding within 72 working hours after approval.
Funding window: 4–5 working days.
The Borrower must have a working bank account in their own name or their company's name, which will be used for the transfer of the loan.
The Borrower must provide either a copy of a driver's license, work ID, national ID, or international passport — for the confirmation of legitimacy and for the processing of their loan.
The Borrower must provide a bank statement or recent pay stub to ascertain their financial status and provide assurance of repaying the loan completely and on time.
The Borrower begins repayment one month after the loan is deposited into the Borrower's bank account.
The Borrower is given four weeks (one month) of grace to pay back the principal and interest at the end of the loan duration before legal action is taken.
The Borrower shall repay the loan on a monthly basis in installments as specified in the repayment schedule of the Loan Contract, or on the due date agreed by the Lender and the Borrower. If the due date falls on a non-banking business day, the due date for payment of the loan installment, interest, and any associated expenses or fees will be the following banking business day. If the due date is transferred, the Lender has the right to demand the outstanding payment; if the payment is not made, the Lender has the right to charge interest on the loan pursuant to the interest rate determination period in force from the original due date to the new due date, on the entire remaining loan principal.
Failure to repay the loan at the expected date or period will result in legal action being taken against the Borrower.
The Loan shall not fall due if the delay in payment is due to the Borrower's illness, unemployment, or other comparable reason beyond the control of the Borrower — except where it would be obviously unreasonable for the Lender not to demand repayment of the Loan, considering the duration of the delay and other conditions.
The Borrower is obliged to report any obstacle to payment without delay. The Loan shall fall due for immediate payment if the Borrower is deceased, declared bankrupt, or a district court has decided on the commencement of debt arrangements.
If the Borrower defaults on the payment of a repayment pursuant to the Loan Contract — in full or in part — the Lender or the Lender's representative has the right to demand interest on arrears in accordance with the terms and conditions of the Loan Contract, demand immediate repayment of the Loan, engage in debt collection measures, and report the default of payment obligations under the Loan Contract to the credit rating register. The debt collection of the Loan results in costs for which the Borrower is liable.
You must also repay the amount you owe us within the timescale set out in this Agreement, by sending a check for the amount of your loan, made payable to Urano Financing LLC. The amount you owe us will be the amount of your loan. We will not charge you any interest. If you do not repay the amount you owe us within 30 calendar days from the day after the date you notified us of your intention to withdraw, we will recover it as a debt through the Courts.
The Borrower must inform us of any change of circumstances and must notify us in writing within seven days of any change in address, or if the Borrower believes there is any information we should be aware of. If the Borrower has provided misleading information that may have influenced the granting of the Loan or its terms and conditions — or if the Borrower is guilty of any other material breach of agreement — we have the right to demand repayment of the entire remaining principal with interest and other fees, within four (4) weeks, or, if the Borrower has previously been informed of the breach of agreement, within two (2) weeks of the reminder of the due date being sent to the Borrower if the breach has not been rectified by that time.
When applying for a loan, the Borrower asserts that the information provided is correct and true. The Borrower is liable for the correctness of the information provided. The Borrower shall provide information on the Borrower's financial position by submitting a bank statement or pay stub and other information which has effects on the lender–borrower relationship and is essential in the loan application.
Interest varies but starts at 5% — we believe this is the fairest way to charge interest, and it should result in you paying back less interest over the course of the loan term. If installments are not paid by the Due Date, the Borrower is liable to pay in arrears on any outstanding payments.
The Lender has the right to amend the terms and conditions of loan service contracts and loan contracts by informing the Borrower in advance in writing, if the amendment does not increase the responsibilities of, or reduce the rights of, the Borrower, and the amendment is due to an amendment to legislation or a decision issued by the authorities. The Borrower is considered to have approved the amendments unless they object by the proposed effective date. The Borrower is informed of the amendment a minimum of one month in advance of the effective date.
This Agreement is subject to Finnish legislation.
If any disputes arising from this contract cannot be resolved through negotiations between the parties, the dispute shall be resolved by the District Court of the Borrower's domicile.
It takes between 2 and 5 days from application to funding. On receiving the loan application, it is carefully examined. The application is considered and a decision is made based on the flow of income on the bank statement and the Borrower's overall ability to repay the loan. We ensure that any loan approved does not result in the Borrower facing financial difficulties or struggling with repayments.
You will notify us in writing within seven days of any change in your address.
There shall be loan fees such as loan origination, underwriting, appraisal, and processing fees.
Thank you. We look forward to working with you.