Credit Profile Authorization

L‍ast updated 10/21/2026

Credit Profile Authorization

In this Consent Statement, “we,” “us,” and “our” refer to: (1) WebBank, the creditor of Capital on Tap Business Credit Cards, (2) New Wave Card LP, dba Capital on Tap, and (3) their service providers; and “you,” and “your” refer to (1) the business entity applicant and (2) the individual completing the application (who will also act as a guarantor).

You authorize us to obtain consumer and business credit reports that we will use in connection with your application. You also authorize us to obtain consumer and business credit reports from time to time and any other information about you in connection with the evaluation, servicing, administration, and collection of the account, including:

• increases or decreases in the amount of credit made available to you under your account
  and extensions or withdrawals of credit on your account;
• ‍the administration, monitoring, and review of your account and any attendant charges, and collection of your account; and
• ‍offering you enhanced or additional features of your existing account in connection with the servicing or line management of that account.

‍If you ask, we will tell you whether or not consumer or business credit reports were obtained and if the reports were obtained, as well as the name and address of the credit reporting agencies from which we obtained a report about you.

You understand that by checking the relevant box on your application form, you are providing us with ‘written instructions’ under the Fair Credit Reporting Act authorizing us to obtain information from your personal credit profile or other information from credit reporting agencies. 

Authorizing Referrals to Financing Partners

"Financing Partners" are third-party business financing providers, including merchant cash advance providers, that we may refer you to.

You authorize us to share the application and identifying information you provide with Financing Partners so they can assess your eligibility for, and offer you, their financing products. You authorize each Financing Partner to obtain credit reports about you to assess your eligibility for its financing products, which is your written instruction under the Fair Credit Reporting Act.

Financing Partners may include any of the following: YouLend, Liberis, Revenued, and Expansion Capital Group

This authorization is voluntary and is not a condition of your Capital on Tap Business Credit Card application. It applies only if you check the separate Financing Partner referral box on your application; if you leave that box unchecked, your information is not shared with any Financing Partner and your card application proceeds as normal.