1. Introduction

Welcome to Factoro.AI.

These Terms of Service ("Terms") govern your access to and use of the Factoro.AI platform (the "Platform").

The Platform enables businesses to create invoices, manage receivables, and access services provided by independent third-party providers.

By accessing or using the Platform, you agree to be bound by these Terms. If you do not agree to these Terms, you may not use the Platform.

2. Nature of the Platform

Factoro.AI operates solely as a technology platform.

The Platform enables businesses to:

• create invoices
• manage receivables
• track payments
• access services provided by third-party providers

Factoro.AI does not provide:

• financing
• lending
• banking services
• payment processing services
• legal advice
• accounting services
• tax advice

Factoro.AI is not a financial institution.

3. Third-Party Services and Ecosystem

The Platform may integrate with or provide access to services offered by independent third-party providers.

Such services may be made available through integrations, referrals, or partnerships.

Factoro.AI acts solely as a technology platform facilitating access to such services. Factoro.AI does not provide, control, or assume responsibility for services provided by third parties.

Any agreement related to such services is entered into directly between the user and the respective third-party provider.

Factoro.AI may add, remove, or modify integrations, services, or ecosystem partners at any time.

Factoro.AI does not endorse, guarantee, or assume liability for services provided by any third-party provider.

4. User Eligibility

The Platform is intended for businesses and authorized representatives of businesses. By using the Platform, the user represents and warrants that:

• they are authorized to act on behalf of the company
• they have authority to bind the company to these Terms
• the information provided on the Platform is accurate and complete

5. User Responsibilities

Users are responsible for all activities performed through their account.

Users agree to:

• provide accurate company information
• maintain the confidentiality of login credentials
• comply with applicable laws and regulations
• use the Platform only for lawful business purposes

Users are responsible for all invoices created through the Platform.

6. Invoice Creation and Responsibility

Users are solely responsible for invoices created through the Platform.

This includes responsibility for:

• accuracy of invoice information
• tax compliance
• legal validity of invoices
• compliance with invoicing regulations
• contractual relationships with buyers

Factoro.AI does not verify invoices.

Factoro.AI does not guarantee payment of invoices.

Invoices created through the Platform are issued solely by the user's company.

7. Financing Services

Certain services available through the Platform may involve financing or receivables-based services provided by independent third-party providers.

Financing decisions including:

• approval
• pricing
• financing limits
• contractual terms

are determined solely by the respective financing provider.

Factoro.AI does not guarantee:

• financing approval
• financing availability
• financing pricing
• financing limits

Factoro.AI is not responsible for financing decisions made by third-party providers.

8. Assignment of Receivables

Users acknowledge that invoices or receivables may be assigned, transferred, or pledged to third party financing providers.

Such assignment may result in the financing provider becoming entitled to receive payment from the debtor.

Users acknowledge that Factoro.AI does not become a party to such assignments or financing arrangements.

Any disputes or obligations related to financed invoices shall be handled directly between the user and the relevant financing provider.

Factoro.AI is not responsible for payment collection, enforcement of receivables, or disputes related to financed invoices.

Users acknowledge that payment instructions on invoices may change in connection with financing arrangements.

9. Duplicate Financing and Misuse

Users agree not to submit the same invoice or receivable for financing through multiple platforms or financing providers without proper disclosure.

Users may not attempt to obtain financing for invoices that:

• are fraudulent
• have already been financed elsewhere
• are subject to dispute
• do not represent a legitimate commercial transaction

Factoro.AI reserves the right to suspend accounts suspected of such misuse.

10. Platform Branding on Invoices

Invoices generated through the Platform may include a small branding element such as: "Powered by Factoro.AI"

By using the Platform's invoicing functionality, users agree that such branding may appear on invoices generated through the Platform.

11. International Use

The Platform may be used by businesses operating in different jurisdictions.

Users are responsible for ensuring that their use of the Platform complies with applicable laws including:

• invoicing regulations
• tax laws
• accounting requirements
• financial regulations

Factoro.AI does not guarantee that the Platform complies with the legal requirements of every jurisdiction.

Certain services may be restricted depending on geographic location or regulatory requirements. Factoro.AI reserves the right to restrict services based on jurisdiction.

12. Data Sharing

Users acknowledge that certain company and transaction data may be shared with third-party providers where necessary to provide services through the Platform.

This may include:

• company information
• invoice data
• transaction information
• data required for financing evaluation

Data processing is governed by the Factoro.AI Privacy Policy.

13. Platform Availability

The Platform is provided "as is" and "as available".

Factoro.AI does not guarantee:

• uninterrupted operation
• error-free functionality
• continuous availability

The Platform may undergo maintenance, updates, or modifications at any time.

14. Prohibited Use

Users may not use the Platform to:

• create fraudulent invoices
• engage in illegal activities
• misrepresent company information
• attempt to bypass platform security
• misuse financing services

Factoro.AI reserves the right to suspend or terminate accounts involved in prohibited activities.

15. Account Suspension and Termination

Factoro.AI reserves the right to suspend, restrict, or terminate access to the Platform if it reasonably believes that:

• the Platform is used for unlawful or fraudulent activity
• invoices created through the Platform are misleading or unlawful
• false information has been provided
• the user violates these Terms
• continued access may expose the Platform or its partners to financial, legal, or reputational risk

Such action may be taken without prior notice where necessary.

Suspension or termination does not release the user from obligations arising prior to the suspension.

16. Limitation of Liability

To the maximum extent permitted by law, Factoro.AI shall not be liable for:

• indirect damages
• loss of profits
• loss of business
• unpaid invoices
• financing decisions
• actions of third-party providers

Users use the Platform at their own risk.

17. No Agency or Partnership

Nothing in these Terms creates any partnership, agency, joint venture, or employment relationship between Factoro.AI and the user.

Factoro.AI operates solely as a technology platform.

18. Changes to the Platform

Factoro.AI may modify or update the Platform at any time.

Features may be added, changed, or removed without prior notice.

19. Changes to the Terms

Factoro.AI may update these Terms from time to time.

Continued use of the Platform after such updates constitutes acceptance of the revised Terms.

20. Language

If these Terms are translated into other languages, the English version shall prevail in case of inconsistencies.

21. Contact

Users may contact Factoro.AI through the contact information available on the Platform.