Terms of Engagement.

These terms govern your use of MarginLabs and the merchant cash advance and funding-readiness services we provide. They're written to be readable — but they are a contract, so please read them. The specific commercial terms of any advance are set out separately in a merchant cash advance agreement that you sign.

1 · What we do

MarginLabs provides merchant cash advances to eCommerce and retail businesses. As a principal funder, we give your business an upfront lump sum in exchange for the right to receive an agreed amount of your future receipts. Before funding, we prepare a “Read” — an assessment of your business's finances, banking, store performance and digital presence — to inform our decision and to show you where you stand.

2 · The nature of the arrangement

A merchant cash advance is a purchase of a portion of your future receivables — it is not a loan. We pay you a purchase price today; in return you agree to deliver a fixed total amount (the “purchased amount”) from your future receipts. Because it is a purchase and not a loan, there is no interest rate or APR and no fixed repayment schedule — remittance continues until the purchased amount has been delivered. We are the principal buyer of those receivables: we are not a credit broker or intermediary, and we do not introduce you to, or arrange finance with, third-party lenders.

3 · How an advance works

• We agree a purchase price (the amount we pay you now) and a purchased amount (the total you deliver from future receipts).
• You deliver an agreed percentage of your receipts (the “remittance rate”) until the purchased amount has been delivered in full.
• If your receipts run lower or higher than expected, a reconciliation may adjust remittances so they track your actual sales. The exact reconciliation mechanics are set out in your advance agreement.
• The specific figures for your advance — purchase price, purchased amount, remittance rate and reconciliation terms — are set out in a separate merchant cash advance agreement that you sign. That agreement governs the advance itself; these website terms govern your use of the site and the Read.

4 · Regulatory status & anti-money-laundering

MarginLabs (Luro Ventures Advisory Limited) provides merchant cash advances to businesses as a principal funder. We fund your business ourselves by purchasing your future receivables; we are not a credit broker or credit intermediary and do not arrange, introduce or negotiate finance with third-party lenders. The regimes that govern credit intermediation and credit broking — including those of the Central Bank of Ireland and the UK Financial Conduct Authority — regulate that broking activity, which we do not carry out.

Merchant cash advances are commercial, business-to-business arrangements and are generally outside the scope of consumer-credit regulation. Where an advance would be made to a sole trader or a very small business such that it could fall within a consumer-credit regime in Ireland, the United Kingdom or a US state, we assess this before funding and structure the arrangement, or decline it, accordingly.

We take the prevention of financial crime seriously. Before funding, we carry out customer due diligence and identity verification (KYC), and we comply with the applicable anti-money-laundering laws of the jurisdictions in which we operate.

5 · Scope & what we are not

• Our Read, and any figures, scores or projections, are estimates based on the information available to us — not a guarantee of funding or of any business outcome.
• We are not your accountant, tax adviser, or solicitor, and nothing we provide is regulated investment, tax or legal advice.
• A decision to offer an advance, and on what terms, is ours. Nothing on the site is an offer of finance until we issue you a written merchant cash advance agreement.

6 · Your responsibilities & representations

• You are duly authorised to enter into the arrangement on behalf of your business and to share the business data you provide.
• The information you give us is accurate and complete to the best of your knowledge.
• The receivables you agree to sell are genuine, arise in the ordinary course of your business, and are not already sold, pledged or assigned to anyone else.
• You will not deliberately divert, delay or discourage receipts in order to avoid remittance.
• You will not use the service or any advance for any unlawful purpose.

7 · Fees

• Applying is free, and so is a funding decision. Any charge for other services is shown at the point of purchase or in your agreement.
• We are a principal funder and do not charge or receive brokerage or commission from third-party lenders.
• The cost of an advance is the difference between the purchase price we pay you and the purchased amount you deliver; it is set out in your advance agreement, not here.
• Any arrangement or administration fee is disclosed to you in writing in the advance agreement before you sign.

8 · Cancellation & refunds

• The Read is free, so there is nothing to refund for it.
• You are under no obligation until you sign a merchant cash advance agreement — up to that point you can walk away at no cost.
• Once you have signed and we have advanced funds, the purchase of receivables is complete and the amounts are governed by that agreement. Because an advance is a business-to-business purchase (not consumer credit), no statutory cooling-off period applies unless your advance agreement or applicable law provides one.

9 · Your data

How we handle your data is set out in our Privacy Policy. You can exercise your data rights — including deletion — at any time via our Data Rights page.

10 · Connecting your accounts

As part of preparing your Read and assessing an advance, we may invite you to securely connect your business accounts — such as your accounting software (for example QuickBooks Online or Xero), your online store or marketplace, and your business bank account — through trusted third-party connection providers (Rutter and Plaid). Connecting an account is optional and always initiated by you: you authorise access through the provider's own secure login, and MarginLabs never sees or stores your account login credentials.

When you connect an account, you authorise us to retrieve, on a read-only basis, business financial information from it — such as profit-and-loss and balance-sheet data, invoices and bills, orders and payouts, and bank transactions — solely to prepare your Read, to assess and price an advance, and, if you are funded, to monitor and reconcile that advance. We use this information only for those purposes; we do not use it for advertising and we do not sell it. You can disconnect an account, or ask us to delete the retrieved data, at any time via our Data Rights page. Our access to and use of information from QuickBooks Online complies with the Intuit Developer terms, and our handling of all connected data is subject to our Privacy Policy.

11 · Liability

Nothing in these terms limits liability for death or personal injury caused by negligence, for fraud or fraudulent misrepresentation, or for anything that cannot lawfully be excluded. Subject to that, and to the extent permitted by law: we provide the site and the Read “as is”; our total liability arising out of or in connection with the site and the Read is limited to the greater of the amounts you have paid us in the 12 months before the claim and €1,000; and we are not liable for loss of profit, loss of business, or any indirect or consequential loss. Liability under a merchant cash advance is governed by that agreement.

12 · Term & termination

You may stop using the site at any time and ask us to delete your data via our Data Rights page. These website terms apply whenever you use the site. A merchant cash advance, once entered into, continues under its own agreement until the purchased amount has been delivered or the agreement is otherwise ended in accordance with its terms.

13 · Governing law

These terms are governed by the laws of Ireland, and the courts of Ireland have exclusive jurisdiction. Where mandatory consumer or other protections apply in a customer's own country, nothing here removes them.