Terms of Service

Who we are

Billet is a product of Billet Technologies LLC (“Billet,” “we,” “us”). Billet is software that licensed Georgia used motor vehicle dealers use to document and collect in-house installment payment arrangements — the kind where the dealer carries the note and the buyer pays over time. These Terms of Service (“Terms”) are an agreement between you and Billet Technologies LLC and govern your use of Billet.

What Billet is — and is not

Billet is a tool. It helps a dealer turn agreed terms into a signed contract, collect the scheduled payments, send reminders and receipts, and keep records. That is all it is.

Billet is not, and does not act as:

• A lender or creditor. You, the dealer, extend the credit and carry the note. Billet is not a party to any installment contract between you and your buyer.
• A holder of funds. Payments settle directly to your connected account through our payment processor. Billet never takes possession of your money or your buyer's money.
• A source of legal or financial advice. Nothing in Billet or these Terms is legal, tax, lending, or compliance advice.

You are solely responsible for your own contracts, your dealer licensing, the rates and terms you offer, and your compliance with the laws that apply to your business. If you are unsure whether an arrangement is lawful, consult your own attorney.

Eligibility

To use Billet as a dealer, you must hold a valid Georgia used motor vehicle dealer license and have the authority to act for your business. Everyone who uses Billet must be at least 18 years old. We verify dealer license numbers before your first buyer contract can be sent, and we may suspend access if a license cannot be verified or lapses.

Your account and security

Your phone number is your account. Billet uses your number and one-time codes sent to it to sign you in and to authorize sensitive actions — there are no passwords. Tokenized links we send you or your buyer are tied to a specific person and should not be forwarded except as intended.

Keep your phone and number secure. You are responsible for activity that happens through your number and links. If your phone or number is lost, stolen, or used without your permission, contact us right away at amierchery@gmail.com so we can help secure your account.

Fees and billing

Billet's fees are:

• $49 per month — a subscription for access to the service.
• $25 per loan — charged when a loan is originated (when the contract is executed and the loan goes active).
• 1.5% of payments collected — taken automatically from each buyer payment as it is processed.

There are no other fees. The subscription and per-loan fees are billed to the card or bank account you provide, through our payment processor, Stripe. The 1.5% is deducted as an application fee at the time each payment is collected (see the next section). We may change our fees, but we will give you at least 30 days' notice before a change takes effect, and you may cancel before it does.

Payments and settlement

Buyer payments are processed by Stripe. Money moves from your buyer's bank or card directly to your Stripe connected account — you are the merchant of record. Billet's 1.5% is deducted as a Stripe application fee on each payment. Billet does not hold, lend, or route the remaining funds.

The buyer's authorization to be charged on a schedule is part of the contract between you and your buyer, which the buyer agrees to at signing. We collect payments on your behalf according to that authorization. If a payment fails, we retry it on the schedule disclosed in the contract and notify the parties. What you do about a buyer who stops paying is your decision — it is your loan.

Text messaging (SMS) terms

Program description. Billet sends account notification and customer-care text messages. For dealers, these include deal recaps, confirmations, buyer-signed and countersignature alerts, and replies to your requests. For buyers, these include the link to review and sign, payment reminders, receipts, and their portal link. Messages are transactional and service-related — we do not send marketing texts.

Message frequency varies based on your activity. Message and data rates may apply depending on your mobile plan. Consent is not a condition of purchase.

To stop: reply STOP to any message to opt out; you will receive one confirmation and no further texts. For help: reply HELP or email amierchery@gmail.com. To opt back in after opting out, reply START or contact us.

Mobile carriers are not liable for delayed or undelivered messages. Delivery depends on your carrier and device, and Billet cannot guarantee that any message will be delivered.

Acceptable use

When using Billet, you agree not to:

• use the service for anything unlawful, deceptive, or fraudulent;
• use it to originate contracts you are not licensed or permitted to make;
• send abusive, harassing, or misleading content through the platform;
• impersonate anyone or misrepresent a buyer's consent or identity;
• attempt to break, overload, reverse-engineer, or interfere with the service or its security.

We may suspend or end access that violates these rules or puts buyers, dealers, or Billet at risk.

Electronic communications and signatures

You agree to transact with Billet electronically. That means we can deliver these Terms, disclosures, notices, receipts, and other records to you by text message, email, or through your portal, and that electronic signatures and records are as valid as ink and paper. Signed contracts and records are available to download from your portal, and you may request a free paper copy of any record by contacting us.

Privacy and your data

How we handle personal information — yours and your buyers' — is described in our Privacy Policy, which is part of these Terms. In short: we use data to run the service, we never sell it, and we do not use it for advertising.

Disclaimers

Billet is provided “as is” and “as available,” without warranties of any kind, whether express or implied, including merchantability, fitness for a particular purpose, and non-infringement. We do not warrant that the service will be uninterrupted or error-free, or that any contract you generate is valid or enforceable in your situation — that depends on your terms, your license, and the law, which are your responsibility. We are not responsible for disputes between you and your buyers.

Limitation of liability

To the fullest extent permitted by law, Billet Technologies LLC will not be liable for any indirect, incidental, special, consequential, or punitive damages, or for lost profits or revenues, arising out of or relating to your use of Billet. Our total liability for any claim relating to the service is limited to the amount of fees you paid to Billet in the twelve months before the event giving rise to the claim. We are not liable for the acts, omissions, or contracts of dealers or buyers, or for any dealer–buyer dispute.

Termination

You may stop using Billet and cancel your subscription at any time. We may suspend or end your access if you break these Terms, lose required licensing, or create risk for buyers or the service. When access ends, your obligations for loans already originated continue, and we retain contract and payment records for the period required by law (see the Privacy Policy). You can request an export of your records before or after termination by contacting us.

Changes to these Terms

We may update these Terms as Billet grows or the law changes. If we make a material change, we will notify you by email or text and update the “Last updated” date above. Continuing to use Billet after a change takes effect means you accept the updated Terms.

Governing law

These Terms are governed by the laws of the State of Georgia and applicable federal law, without regard to conflict-of-laws rules. The courts located in Georgia will have jurisdiction over any dispute that is not otherwise resolved.

Contact

Questions about these Terms? Email us at amierchery@gmail.com, or write to Billet Technologies LLC, 2655 Flagstone Court, Conyers, GA 30013.