Trust, Safety &
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Funding is Selective, Risk-Based and Purpose-Specific

MCLMAN Capital receives a large number of enquiries and funding proposals from businesses, companies, entrepreneurs and other applicants across different countries. Receipt of an enquiry or proposal does not mean that funding will be approved. The company does not fund every enquiry it receives.

Every proposal is considered on its individual merits. Before any funding or investment decision is made, MCLMAN Capital may review the submitted documentation, financial and business information, risk factors, background information, local verification or investigation where appropriate, the proposed use of funds, expected benefits, legal and regulatory considerations, and any other information considered relevant to the decision.

Funding Approval Is Subject to Full Satisfaction

• Funding is considered only after the company has completed the level of review, verification and assessment it considers appropriate.
• The company may decline an enquiry or proposal at its discretion where the available information, risk assessment, proposed use of funds, documentation, verification or other circumstances do not satisfy its requirements.
• No enquiry, application, proposal, discussion or preliminary communication should be treated as a commitment to provide funding unless and until the company issues the applicable formal approval and executes the required agreement.

Monitoring After Funding

Where funding is approved and released, the recipient is expected to use the funds for the purpose, business activity or project stated in the applicable funding agreement and to comply with the agreed terms, reporting requirements and applicable laws.

Company Rights in Case of Increased Risk or Misuse of Funds

If, after funding has been provided, MCLMAN Capital identifies circumstances that create or materially increase risk, or identifies a material departure from the agreed purpose or terms of funding, the company may exercise the rights available to it under the applicable funding agreement and applicable local law.

• Funds are being used for a purpose materially different from the purpose for which funding was approved, without the required prior discussion or approval.
• Funds are being diverted to another business, project, activity or purpose outside the agreed scope.
• The recipient is involved in, or is reasonably suspected of involvement in, unlawful, fraudulent or prohibited activities.
• The funded business or project is materially departing from the principal purpose or business objective for which the funding was approved.

Withdrawal, Recall or Other Contractual Remedies

In circumstances covered by the applicable agreement, MCLMAN Capital may exercise contractual rights that may include suspension of further funding, withdrawal or recall of funding, termination of the funding arrangement, recovery of amounts due, or other remedies available under the agreement and applicable law.

Any such action will be taken in accordance with the applicable funding agreement and the laws and regulatory requirements applicable to the relevant transaction and jurisdiction. The exact rights, triggers, procedures and consequences will be set out in the applicable legal agreement.

Purpose of This Provision

This provision is intended to protect MCLMAN Capital, its funding partners and the integrity of the funding arrangement by ensuring that approved funds are used responsibly, transparently and for the agreed purpose, and that material changes in risk or misuse of funds can be addressed through the contractual and legal framework governing the transaction.