Legal & Compliance

This Terms of Service Agreement ("Agreement") constitutes a legally binding contract between you ("User", "Borrower", or "Funding Partner") and SwiftFund ("Company", "we", "us", or "our"). This Agreement governs your access to the SwiftFund digital platform, which operates exclusively as a secure connection network linking independent professionals with trusted institutional funding partners. SwiftFund acts strictly as a technology provider and loan servicing intermediary. We are not a chartered bank, fiduciary agent, or investment advisor. By registering an account, verifying your identity, or initiating an Open Banking connection, you explicitly acknowledge that you have read, understood, and agreed to be bound by these terms in their entirety.

To facilitate the secure Open Banking connection, biometric identity verification (KYC), and anti-money laundering (AML) checks required for fair underwriting, SwiftFund charges a distinct, one-time Digital Verification Fee of £1.00 (or local currency equivalent) at the point of application submission.

• Non-Refundable: This fee covers the immediate third-party costs of processing your data and identity checks. It is strictly non-refundable, regardless of the final lending decision or application outcome.
• Absolute Independence: This fee is a distinct data-processing charge. It is entirely separate from, and not bundled with, any Loan Origination Fees or the Annual Percentage Rate (APR) applied to approved loan facilities. Payment of this fee does not constitute a guarantee of loan approval or capital disbursement.

Borrowers may opt into the "SwiftFund Pro" recurring monthly subscription to access expedited underwriting and reduced origination fees. You expressly agree that payment of the Pro Membership fee does not constitute a guarantee of loan approval or an automatic qualification for higher capital tiers. Subscription fees are billed automatically and are strictly non-refundable.

Upon algorithmic approval, Borrowers will be presented with a Digital Contract. By executing this contract via electronic signature (which carries the exact legal equivalence of a wet-ink signature under the eIDAS Regulation), the Borrower authorises SwiftFund to disburse the approved principal. SwiftFund utilises the SEPA (Single Euro Payments Area) credit transfer network or equivalent regional payment rails. While SEPA transfers typically clear within minutes, the Borrower formally acknowledges that final settlement may take up to twenty-four (24) hours depending on the geographic jurisdiction and the internal clearing schedules of the Borrower's receiving financial institution. SwiftFund bears no liability for settlement delays occurring within third-party banking infrastructure.

Borrowers operating under Tier 1 or Tier 2 facilities are bound to fixed monthly amortisation schedules. Borrowers qualifying for Tier 3 Growth Capital are subject to Revenue-Based Financing (RBF). Under an RBF agreement, the Borrower irrevocably authorises SwiftFund to automatically deduct a predefined percentage of all daily or weekly gross revenue deposited into the verified Open Banking-linked accounts. The Borrower is strictly prohibited from opening new business bank accounts, changing merchant acquirers, or diverting payments to unlinked wallets to circumvent this automated deduction mechanism.

An Event of Default occurs if a Borrower fails to satisfy a scheduled payment, revokes SwiftFund's Open Banking read-access prior to debt satisfaction, misrepresents business revenue, or files for insolvency. Upon default, SwiftFund reserves the unilateral right to accelerate the loan, demanding immediate payment of the entire outstanding balance alongside applicable late penalties. You explicitly authorise SwiftFund to report negative payment histories to international credit reference bureaus. SwiftFund reserves the absolute right to assign, sell, or transfer non-performing debt to third-party collection agencies, with the Borrower liable for all reasonable costs of collection, including legal counsel fees.

To the maximum extent permitted by applicable law, SwiftFund shall not be liable for any indirect, consequential, special, or punitive damages arising from platform use, including third-party Open Banking API outages. If any provision of this Agreement is deemed unlawful, void, or unenforceable, that provision shall be deemed severable and shall not affect the validity and enforceability of the remaining provisions.