Terms of Use

1. Introduction

These Terms of Use (“Terms”) govern access to and use of the Floatra website, platform, APIs, and related services (collectively, the “Services”).

Floatra provides technology services only and does not provide lending, banking, or financial advisory services.

By accessing or using the Services, you agree to these Terms.

2. Nature of Floatra’s Services

Floatra operates as a technology and orchestration platform that enables licensed third-party lenders to offer short-term, inventory-backed credit through integrated merchant platforms.

• — Floatra is not a lender
• — Floatra does not provide credit
• — Floatra does not hold or move customer funds
• — Floatra does not guarantee loan approvals

Eligibility evaluation is performed based on lender-defined rules and does not constitute a credit decision by Floatra.

All credit decisions, loan terms, and repayments are solely between vendors and licensed lending partners.

3. Eligibility and Access

Use of the Services is limited to:

• — Merchant platforms
• — Business vendors
• — Licensed lenders
• — Authorized representatives of the above

Floatra may restrict or revoke access at any time.

4. No Financial Advice

Information provided through the Services does not constitute financial, legal, or investment advice. Users should seek independent professional advice where appropriate.

5. Third-Party Services

Floatra integrates with third-party lenders, payment providers, and merchant platforms. Floatra is not responsible for:

• — Third-party services or decisions
• — Loan approvals or rejections
• — Repayment enforcement or recovery

Floatra does not act as an agent or representative of any lender.

6. Limitation of Liability

To the maximum extent permitted by law, Floatra shall not be liable for:

• — Credit losses
• — Missed repayments
• — Business interruption
• — Indirect or consequential damages

7. Intellectual Property

All software, trademarks, and content are owned by Floatra or its licensors. No rights are granted except as expressly stated.

8. Termination

Floatra may suspend or terminate access to the Services at its discretion, including for compliance or risk reasons.

9. Governing Law

These Terms are governed by the laws of the Federal Republic of Nigeria.

10. Contact

For questions about these Terms, contact: hello@floatra.co