FUNDINVOICE LLP STANDARD BROKERAGE AGREEMENT
Version 11.0 – Published 7th November 2024
Thank you for choosing FundInvoice LLP for your business finance needs. This document constitutes our Standard Brokerage Agreement. Please read the terms carefully. By interacting with FundInvoice LLP (“FILLP”) in any way, or by using our websites, you accept the terms of this Agreement as detailed below.
Acceptance of Agreement
Any interaction with FILLP, or use of its websites, by a Customer (including communication via our websites, electronic communications, telephone, post, facsimile, and contact in person); or any similar interaction by the Customer with any Provider via FILLP, or its websites, will be deemed as the Customer's acceptance of this Agreement.
1. Parties:
This Agreement is between FundInvoice LLP (a Limited Liability Partnership registered in England and Wales, partnership number OC387824, VAT registration number 174 7968 50, with a registered office at 29 Gildredge Road, Eastbourne, East Sussex BN21 4RU) and you, the Customer.
2. Supply of Brokerage Services
Scope of Services:
FundInvoice LLP ("FILLP") will introduce you to one or more providers (referred to as “Providers”) of finance facilities and/or other services or products (referred to as “Facilities”) based on the details you have provided. Providers may offer finance facilities, or other products and services, according to your requirements.
3. Agreement Terms
These are the complete terms governing our relationship:
Interpretation: Key definitions and terms are outlined below.
- Agreement: This set of terms and conditions of trade, version 11.0, first published on 7th November 2024.
- Customer: You and/or any other customer(s) introduced to a Provider by FILLP, or by the Provider’s association with you.
- Provider: The finance (or other services or products) provider(s) that may offer Facilities to the Customer.
- Facilities: Any finance facility (or facilities) or other product(s) or service(s) offered by the Provider to the Customer, including replacements, alternatives, additions, or those offered to other parties by a Provider as a result of their association with you.
Fees and Commission:
Our services are provided to you at no direct charge.
You hereby consent to FILLP receiving commission from the Provider upon successful arrangement of any Facilities. Such commission may be one-time and/or ongoing. A breakdown of any commission received by FILLP will be provided upon request.
Additionally, you consent to FILLP paying a portion of any commission to FILLP’s own introducers and to FILLP receiving commission for any further Customer the Provider gains as a result of FILLP’s introduction.
Acceptance of this Agreement:
Note: By continuing to interact with FundInvoice LLP, including communication via our websites, electronic communications, telephone, post, facsimile, or in person, you acknowledge and agree to the terms of this Agreement.
4. Provision of Services:
FILLP will, at its discretion, provide the Customer’s contact details to the Provider and make introductions based on your finance and other needs. By accepting this Agreement, you consent to FILLP sharing all information you provide, including any personal data, with selected Providers for this purpose.
Customer’s Responsibility:
The Customer is responsible for assessing the suitability and creditworthiness of any Provider introduced.
The Customer will keep FILLP fully indemnified against any claim or liability arising from the Customer’s actions in connection with any arrangement between the Customer and a Provider introduced by FILLP.
Where the Facilities relate to business finance, FILLP only works with limited companies (not private individuals, such as sole traders and partnerships). By proceeding with FILLP, you confirm that you are a limited company.
Limitations of Liability:
FILLP makes no representations or warranties regarding any Provider or the Facilities offered. No advice or information, whether oral or written, obtained from FILLP, creates any warranty. FILLP has no liability for any acts, omissions, or defaults of the Provider, and our total liability is limited to the amount of any commission received.
5. Data Protection:
FILLP complies with the Data Protection Act 1984 and GDPR. Information you provide may be shared with selected Providers to facilitate the provision of Facilities. By proceeding, you agree to our data handling practices.
6. General Terms
Assignment:
You may not assign your rights or obligations without FILLP’s written consent. FILLP may assign, novate, sub-contract, or otherwise dispose of its rights and obligations under this Agreement. Any transfer of these rights and obligations remains valid even if FILLP ceases to exist.
Terms:
If any provision of this Agreement is held by a court or other competent authority to be invalid or unenforceable, this does not affect the validity of the remainder of the Agreement.
Governing Law:
This Agreement is governed by English law, and the parties agree to submit to the jurisdiction of the English courts.
Acceptance of Agreement
Note: By continuing to interact with FundInvoice LLP, including communication via our websites, electronic communications, telephone, post, facsimile, or in person, you acknowledge and agree to the terms of this Agreement.
Note: These terms and conditions replace and supersede our previous terms and conditions, version 1.0 published on the 13th of September 2015, version 2.0 published on the 25th of June 2015, version 3.0 published on the 6th of January 2016, version 4.0 published on 31st May 2016, version 5.0 published 23rd November 2017, version 6.0 published 30th September 2020, version 7.0 published 15th October 2020, version 8.0 published on the 21st October 2021, version 9.0 published on the 4th August 2022 and 10.0 published on the 25th March 2024.
