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f o x h o g

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Get up to 2% off on your Rupay Credit Card with Foxhog.

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Our Corporate Credit Line and Pay later Services is only Available in India, USA & Germany.

Before you proceed with the documentation, kindly acquaint yourself with the following general terms and guidelines:

  1. The aforementioned Funding Application Number is unique and will be utilized at various stages. Please ensure its safekeeping.
  1. Foxhog will conduct the delegation process through its team at Foxhog BV, along with two other vendors named KPMG & PWC. Additionally, our partner, Hire Right Inc., might also be involved. The delegation process is expected to take 3-5 working days. During this period, we anticipate your cooperation for the Document Verification process.
  1. For Physical Verification, Foxhog will deploy either our internal employee or a third-party vendor, KPMG. If an agent is unavailable, an Online Physical Verification Process may be employed. In this scenario, it’s essential that your registered address is accurately captured in the real-time application.
  1. The credit line/limit or amount granted by Foxhog will be determined solely based on the results of the verification process. This assessment will encompass your Financial Evaluation, upcoming Market Analysis, and future prospects of your product/service. While the decision will be final, there is room for negotiation during the final management meeting post-approval.
  1. Upon your agreement with the amount offered by Foxhog, we will issue a Letter of Credit/Sanction Letter.
  1. Should your application be rejected by Foxhog, you will have the opportunity to reapply for funding within the next 90 working days.
  1. The investment process involves a multitude of documentation, legal papers, compliance formalities, and documentation across countries. We request your utmost cooperation throughout the documentation and compliance procedures.
  1. Foxhog will issue three key documents: 
  • Investment Agreement (to be executed on Court Stamp Paper)
  • Term Sheet: To be signed and reported to the Ministry of Corporate Affairs, Govt. of India
  • Shareholders Agreement: To be signed by both parties
  1. There are mandate Govt. formalities including reporting to RBI, SEBI, and other compliance and documentation requirements and govt. has their own charges for all approvals and documentation,  Both parties will bear the charges and fees associated with these approvals and documentation (50% each – Foxhog & Applicant), You will be invoiced only once the application is approved for funding. The expenses should not exceed $400-$600 for the entire transaction and documentation process.
  1. Following the committed amount transaction, Foxhog expects an immediate share transaction.
  1. A Relationship Executive will be appointed by Foxhog post-transaction to provide strategic assistance and reporting.