An electronic signature is defined as an electronic symbol or process, attached to or logically associated with a record, and executed or adopted by a person with the intent to sign the record.  On June 30, 2000, President Clinton signed into law the Electronic Signatures in Global and National Commerce Act ("ESIGN"), which made signed electronic contracts and documents as legally binding as a paper-based contract.   This electronic signature technology has allowed S.O.S. Loans to offer their customers the ability to sign their loans quickly and conveniently through the internet.