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Terms and conditions for use of the site and general disclaimer.

Welcome to busnetwk.com, The Business and Investment Network   (“busnetwk” ) which was established in order to bring members of the business community together on one centralized platform.   Our mission is to create a web-based business environment that facilitates the efficient flow of capital, creative ideas and exchange of business services.  Our hope is that our unique web-based environment will spur economic growth and job creation.

In order to use the site you agree to the following terms and conditions (“Terms”) contained in this document. You agree to accept these Terms electronically. Unless you agree to be bound by these Terms you will be restricted from using most of the website’s functionality.  We reserve the right to cancel user access to the site at any time. 

busnetwk.com, The Business and Investment Network means TBIN, Inc. a NY based corporation located at 101 Southern Boulevard, Hauppauge, NY 11788.

You are responsible for maintaining the confidentiality of your user name and password and are responsible for any and all activities and postings that are made using your account. You agree not to use busnetwk in any way that is in violation of any applicable state or federal laws .You are prohibited  from using the site or any of its services to send unsolicited commercial email (spam). Other than for business use, as intended by the website,   you agree not to use, accumulate or circulate any information you obtain through the busnetwk website.

Seeking Investment- Information posted by members seeking investment can be viewed by members that have registered as Investors. Your company name and contact information will not be disclosed unless you choose to do so by posting such information through your website, twitter, facebook or linked-in account as part of your company profile. Investors that would like to contact you will send you a blind email through a “contact business owner” form. Seeking Investment members can also send access to their Company Profile Page to individuals of their choosing by sending a link to their personalized URL. As a Seeking Investment member you can view and contact local service providers through the Service Providers page. If you would like assistance creating or upgrading your business plan or financial model please contact the busnetwk.com team through the Services page.  As a Seeking Investment member you acknowledge that is your responsability to determine that the potential investors you work with are Accredited Investor as defined by SEC regulations. 

Selling My Business- Information posted by members seeking to sell their business can be viewed by members that have registered as Buying A Business members. Your company name and contact information will not be disclosed unless you choose to do so by posting such information through your website, twitter, facebook or linked-in account as part of your company profile. Buyers that would like to contact you will send you a blind email through a “contact business owner” form. Selling My Business members can also send access to their Company Profile Page to individuals of their choosing by sending a link to their personalized URL. As a Selling My Business member you can view and contact local service providers through the Service Providers page. If you would like assistance creating or upgrading your business plan or financial model please contact the busnetwk.com team through the Services page.     

Seeking A Loan- Information posted by members seeking a loan can be viewed by members that have registered as Lenders. Your company name and contact information will not be disclosed unless you choose to do so by posting such information through your website, twitter, facebook or linked-in account as part of your company profile. Lenders that would like to contact you will send you a blind email through a “contact business owner” form. Seeking A Loan members can also send access to their Company Profile Page to individuals of their choosing by sending a link to their personalized URL. As a Seeking A Loan member you can view and contact local service providers through the Service Providers page. If you would like assistance creating or upgrading your business plan or financial model please contact the busnetwk.com team through the Services page.     

Service Providers- Information posted by Service Providers can be viewed by all registered members. Service Providers can also send access to their Company Profile Page to individuals of their choosing by sending a link of their personalized URL.

Investors As an Investor you can search and view company profiles of those that are seeking investment. You can also set up “alerts” that will send you company profiles that match the alert search parameters you establish.  Investors can also send access to their Company Profile Page to individuals of their choosing by sending a link to their personalized URL. As an Investor member you can view and contact local service providers through the Service Providers page.

Buying A Business As an Buying A Business member you can search and view company profiles of those that are seeking to sell their business. You can also set up “alerts” that will send you company profiles that match the alert search parameters you establish.  Buyers can also send access to their Company Profile Page to individuals of their choosing by sending a link to their personalized URL. As an Buyer you can view and contact local service providers through the Service Providers page

Lenders As a Lender you can search and view company profiles of those who are seeking loans. Lenders can also set up “alerts” that will send you company profiles that match the alert search parameters you establish.  Lenders can also send access to their Company Profile Page to individuals of their choosing by sending a link to their personalized URL. As a Lender you can view and contact local service providers through the Service Providers page

 Network Friends Information posted by Network Friends can be viewed by any member. Network  Fiends can send access to their individual Profile Page to individuals  or businesses of their choosing by sending a link of their personalized URL. Network Friends can also earn commissions by inviting business owners to become members by using the “Send Invitation” Tab on your Network Friends page.  

Although busnetwk has established these privacy settings for use of the website it cannot guarantee that any information you post on the site will remain private and confidential. As such  you agree not to hold busnetwk, its employees, owners, affiliates, advisors or subcontractors accountable or responsible for any damages, liabilities, claims or expenses, including without limitation attorneys' fees  arising from or related to any misuse or misappropriation of any information posted on the website.

You acknowledge that the busnetwk website may experience unforeseen technical difficulties which may result in service interruptions or loss of data and therefore agree not to hold busnetwk accountable or responsible for any delays in transmission of data, data loss, service interruptions, retention of user settings or other technical malfunctions.

By agreeing to the Terms of this Agreement, busnetwk grants to you a non-exclusive, revocable, license to use its website based services, some of which require a fee, others of which do not. For the products and services that require a fee, payment of such fee will be processed through the website by credit card using PayPal. All payments are non-cancelable and all amounts paid are nonrefundable.

As a member you represent that you are 18 years of age or older. Additionally, if you register as an Investor you represent that you meet the legal definition of an Accredited Investor in accordance with SEC regulations.  An "Accredited Investor" is defined in Rule 501(a) of Regulation D under Rule 144 of the Securities Act. This definition incldues certain institutional investors and (a) any natural person whose individual net worth, or joint net worth with the person's spouse, exceeds $1,000,000 at te time of purchase; or any naturalized person who had an individual income in excess of $200,000 in each of the two most recent years or joint income with that persons spouse in excess of $300,000 in each of those years and who reasonably expects reaching the same income level or greater in the current year.     

Disclaimer

busnetwk, its employees, owners, affiliates, advisors or subcontractors make no representations or warranties whatsoever about the accuracy or completeness of any information contained or posted on the website or provided to you by any of its users. As such you agree that you will use the website entirely at your own risk and that you shall not hold busnetwk responsible or liable for any damages you may incur as a result of using the website, any information you obtain from the website or its users, or any transaction you may enter into as a result of using the website.  

busnetwk is not a broker dealer, investment advisor, lender or investor. Any business decisions that you make related to your use of the website are totally at your discretion and you agree that you are solely responsible for the performance of any and all due diligence procedures you deem necessary to make a business decision.

Binding Arbitration

All disputes arising out of or relating to this Agreement shall be settled by arbitration conducted in New York, NY under the rules of commercial arbitration of the American Arbitration Association. Both parties shall bear equally the cost of arbitration (exclusive of legal fees and expenses). All decisions of the arbitrator(s) shall be final and binding on both parties and enforceable in any court of competent jurisdiction.

Express acknowledgement

By becoming a member you acknowledge that you have read this agreement in its entirety and agree to be bound by its terms and conditions.