Driven PayOff

Each time you draw some amount from your credit fund, it is considered a fixed loan with specific terms and conditions indicating your preferred repayment schedule, fixed interest rate, and principal to be paid. Payments will be automatically taken from the bank account according to chosen schedule.

If you do not pay back to Driven, the corporation will take all legal steps to recover the receivables and mitigate damage. Failure to fulfill loan obligations may have crucial circumstances for your future business activity and lead to bankruptcy, legal proceedings, and personal losses.

Yes, the early payment option is available with no hidden fees, but subject to some conditions. Thus, you can pay early only when not less than 1/3 of the principal has already been returned. Early payments can help to save on interest.

Yes, Driven Financial Technologies Corporation can sue you. The borrower is responsible for accurate and actual information and documents provided to the lender. The borrower must also stick to the business loan agreement to the full extent and carry out its obligations.

If the repayments are not paid off in time, the company will take all possible actions to settle the issue amicably. Therefore, it is in the borrower's interest to find the proper way to rearrange the unpaid amount and avoid lengthy legal action affecting the business's reputation.