Website Terms of Service

Acceptance of the Terms of Service

Thanks for visiting our website at domain: loop-groop.com. These terms of Service are entered into by and between you and Lumpsome LLC dba Loop Groop ("Company," "we," or "us").

The following terms and conditions, together with any documents they expressly incorporate by reference (collectively, the "Terms of Service"), govern your access to and use of our software as-a-service products ("SaaS"), applications, website, and/or related services, including any content, functionality and services offered on or through the SaaS, applications or website (the "Services").

Please read the Terms of Service carefully before you use the Services. By using the Services, or by clicking to accept or agree to the Terms of Service with this option is made available to you, you represent that you are an adult of eighteen (18) or more years of age, have legal capacity to enter a contract, and accept and agree to be bound and abide by these Terms of Service, and our Privacy Policy, incorporated herein by reference. We reserve the right, and you authorize us, to use and assign all information provided by or collected from you in any manner consistent with our Privacy Policy. If you do not want to agree to these Terms of Service or the Privacy Policy, you must not access or use the Services.

Nature of Services

The Company provides a platform designed to facilitate access to loan funding for nonprofit organizations, including invoice financing or advances based on expected receivables such as grants or client payments. The Company does not guarantee that any user will receive funding. All funding decisions are made in the Company's sole discretion based on the information provided and any additional information obtained through verification processes. The Company is not a bank or financial advisor, nor does it act as a fiduciary, agent, or representative of any user, and does not provide legal, financial, or tax advice.

Changes to the Terms of Service

We may revise and update these Terms of Service from time to time in our sole discretion. All changes are effective immediately when we post them and apply to all access to and use of the Services thereafter. Your continued use of the Services following the posting of revised Terms of Service means that you accept and agree to the changes. You are expected to check this page from time to time so you are aware of any changes, as they are binding on you.

Accessing the Services and Account Security

We reserve the right to withdraw or amend the Services in our sole discretion without notice. We will not be liable if, for any reason, all or any part of the Services are unavailable at any time or for any period. From time to time, we may restrict access to the entire or some parts of the Services. You are responsible for making all arrangements necessary for you to have access to the Services, and ensuring that all persons who access the Services through your internet connection are aware of these Terms of Service and comply with them.

To access the Services or some of the resources they offer, you may be asked to provide certain registration details or other information. It is a condition of your use of the Services that all the information you provide in use of the Services is correct, current, and complete. You agree that all information you provide to register with our Services or otherwise, including, but not limited to, through the use of any interactive features, is governed by our Privacy Policy, and you consent to all actions we take with respect to your information consistent with our Privacy Policy.

If you choose, or are provided with, a username, password, or any other piece of information as part of our security procedures, you must treat such information as confidential, and you must not disclose it to any other person or entity. You also acknowledge that your account is personal to you, not to provide any other person with access to the Services or portions of it using your username, password, or other security information, and to exit out of your account at the end of each session. You should use particular caution when accessing your account from a public or shared computer so others are not able to view or record your password or other personal information. You agree to notify us immediately of any unauthorized access to or use of your username or password or any other breach of security.

We have the right to disable any of your usernames, passwords, or other identifiers at any time in our sole discretion if, in our opinion, you have violated any provision of these Terms of Service.

Eligibility and Information Requirements

To use certain features of the Services, you may be required to submit information and documentation, including but not limited to nonprofit verification materials, such as IRS determination letters or tax-exempt certificates, documentation of grants, invoices, or expected receivables, and descriptions of how requested funds will be used. You represent and warrant that all information and documentation you provide is accurate, complete, and current. The Company may rely on such information in evaluating eligibility for funding and providing Services. The Company reserves the right to request additional information or documentation at any time in connection with your use of the Services or any funding request.

Submission of information or documentation through the Services does not guarantee approval for funding. The Company reserves the right to approve or deny any request in its sole discretion.

Funding Terms and Fees

In the event you are approved for funding through the Services, you agree to the specific terms presented to you at the time of funding, which may include a one-time fee associated with the funding provided. The Company may provide funding based on expected receivables, such as grants or client payments. You acknowledge that you remain solely responsible for repayment of any funds provided to you, regardless of whether any expected receivables, grants, or client payments are ultimately received, unless otherwise expressly agreed in writing. All fees and terms will be disclosed to you prior to acceptance of any funding arrangement. The Company reserves the right to modify or withdraw any funding offer at any time prior to acceptance.

Repayment Terms

Repayment terms will be provided at the time of funding. In general, repayment may be structured without required monthly payments; however, if repayment has not occurred within a specific period provided by the Company (e.g., 6 months), the Company may require repayment through an installment plan or other agreed-upon method. You agree to comply with all repayment obligations associated with any funding received through the Services. The Company reserves the right, but not the obligation, to pursue collection of any amounts owed through any lawful means.

Intellectual Property Rights

The Services and their entire contents, features, and functionality (including but not limited to all information, software, text, displays, images, video, and audio, and the design, selection, and arrangement thereof) are owned by the Company, its licensors, or other providers of such material and are protected by United States and international copyright, trademark, patent, trade secret, and other intellectual property or proprietary rights laws. These Terms of Service permit you to use the Services for your personal, non-commercial use only and you must not access or use for any commercial purposes any part of the Services. Any copying, redistribution, use or publication by you of any such content or any part of the Services is prohibited, except as expressly permitted by these Terms of Service. Under no circumstances will you acquire any ownership rights or other interest in any content by or through your use of the Services. If you wish to make any use of the Services other than that set out in this section, please address your request to: Loop Groop.

If you print, copy, modify, download, or otherwise use or provide any other person with access to any part of the Services in breach of the Terms of Service, your right to use the Services will stop immediately and you must, at our option, return or destroy any copies of the materials you have made. No right, title, or interest in or to the Services is transferred to you, and all rights not expressly granted are reserved by the Company. Any use of the Services not expressly permitted by these Terms of Service is a breach of these Terms of Service and may violate copyright, trademark, and other laws.

Prohibited Services

Upon your acceptance of these Terms of Service and our Privacy Policy, we grant you a limited, revocable, nonexclusive license to use the Services solely for your own personal use and not for republication, distribution, assignment, sublicense, sale, preparation of derivative works, or other use. You may use the Services only for lawful purposes and in accordance with these Terms of Service. You agree not to copy the Services, reverse engineer, hack into, or otherwise try to gain unauthorized access to, the Services, introduce any viruses or technology harmful to the Services, use the Services in violation of any law, exploiting, harming or attempting to exploit or harm minors, transmit or procure sending of any advertising or promotional material without prior written consent, impersonate the Company or engage in any other conduct that restricts or inhibits anyone's use or enjoyment of the Services.

Copyright Infringement

If you believe your work has been copied in a way that constitutes copyright infringement, or your intellectual property rights have otherwise been violated, please provide a notice containing all of the following information to our Copyright Agent:

• An electronic or physical signature of the person authorized to act on behalf of the owner of the copyright or other intellectual property interest;
• A description of the copyrighted work that you claim has been infringed;
• A description of where the material that you claim is infringing is located on our website;
• Your address, telephone number, and e-mail address;
• A statement by you that you have a good faith belief that the disputed use is not authorized by the copyright owner, its agent, or the law; and
• A statement by you, made under penalty of perjury, that the above information in your notice is accurate and that you are the copyright owner or authorized to act on the copyright owner's behalf.

Our Copyright Agent for Notice of claims of copyright infringement on our website is Northwest Registered Agent, who can be reached as follows:

Reliance on Information Posted

The information presented on or through the Services is made available solely for general information purposes. We do not warrant the accuracy, completeness, or usefulness of this information. Any reliance you place on such information is strictly at your own risk. We disclaim all liability and responsibility arising from any reliance placed on such materials by you or any other user of the Services, or by anyone who may be informed of any of its contents. The Services may include tools, data or information intended to assist in evaluating funding opportunities; however, such information should not be relied upon as financial, legal, or tax advice.

The Services may include content provided by third parties. All statements and/or opinions expressed in these materials are solely the opinions and the responsibility of the person or entity providing those materials. These materials do not necessarily reflect the opinion of the Company. We are not responsible for the content or accuracy of any of these materials.

Changes to the Services

We may update the content on the Services from time to time, but its content is not necessarily complete or up-to-date. Any of the material within the Services may be out of date at any given time, and we are under no obligation to update such material.

Information About You and Your Visits to the Services

All information we collect through the Services is subject to our Privacy Policy. By using the Services, you consent to all actions taken with respect to your information pursuant to the Privacy Policy.

Links via the Services

If the Services contain links to other sites and resources provided by third parties, these links are provided for your convenience only. This includes links contained in advertisements, including banner advertisements and sponsored links. We have no control over the contents of those sites or resources, they may not comply with this Terms of Service or our Privacy Policy, and we accept no responsibility for them or for any loss or damage that may arise from your use of them. If you decide to access any of the third-party websites or services linked to via the Services, you do so entirely at your own risk and subject to the terms and conditions of use for such websites or services.

Geographic Restrictions

The owner of the Services is based in the State of Maryland in the United States. We provide these Services for use only by persons located in the United States and make no claims that the Services are accessible or appropriate outside of the United States. Access to the Services may not be legal by certain persons or in certain countries. If you access the Services outside of the United States, you are responsible for compliance with local laws.

Termination

We may suspend or terminate your account or access to the Services if you violate these Terms or if it is required by law. You may close your account or cancel your subscription at any time pursuant to the cancellation terms for your subscription; however, fees are non-refundable unless otherwise stated.

Assumption of Risk

You acknowledge that participation in funding arrangements involves financial risk. The Company is not responsible for the success of any funding request, the receipt of expected receivables, or the financial outcomes of your organization.

Disclaimer of Warranties

YOUR USE OF THE SERVICES, THE CONTENT, AND ANY INFORMATION OR ITEMS OBTAINED THROUGH THE SERVICES IS AT YOUR OWN RISK. THE SERVICES, ITS CONTENT, AND ANY INFORMATION OR ITEMS OBTAINED THROUGH THE SERVICES ARE PROVIDED ON AN "AS IS" AND "AS AVAILABLE" BASIS, WITHOUT ANY WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED. NEITHER THE COMPANY NOR ANY PERSON ASSOCIATED WITH THE COMPANY MAKES ANY WARRANTY OR REPRESENTATION WITH RESPECT TO THE COMPLETENESS, SECURITY, RELIABILITY, QUALITY, ACCURACY, OR AVAILABILITY OF THE SERVICES, CONTENT OR ITEMS OBTAINED THROUGH THE SERVICES, NOR THAT THE SERVICES, CONTENT OR ITEMS WILL BE ACCURATE, RELIABLE, ERROR FREE, OR UNINTERRUPTED. TO THE FULLEST EXTENT PROVIDED BY LAW, THE COMPANY HEREBY DISCLAIMS ALL WARRANTIES OF ANY KIND, WHETHER EXPRESS OR IMPLIED, STATUTORY, OR OTHERWISE, INCLUDING BUT NOT LIMITED TO ANY WARRANTIES OF MERCHANTABILITY, NON-INFRINGEMENT, AND FITNESS FOR PARTICULAR PURPOSE. THE COMPANY MAKES NO REPRESENTATION OR WARRANTIES REGARDING THE AVAILABILITY, APPROVAL, OR TIMING OF FUNDING.

Limitation of Liability

TO THE FULLEST EXTENT PROVIDED BY LAW, IN NO EVENT WILL THE COMPANY, ITS AFFILIATES, OR THEIR LICENSORS, SERVICE PROVIDERS, EMPLOYEES, AGENTS, OFFICERS, OR DIRECTORS BE LIABLE FOR DAMAGES OF ANY KIND, UNDER ANY LEGAL THEORY, ARISING OUT OF OR IN CONNECTION WITH YOUR USE, OR INABILITY TO USE, THE SERVICES, ANY WEBSITES OR SERVICES LINKED TO IT, ANY CONTENT INCLUDING ANY DIRECT, INDIRECT, SPECIAL, INCIDENTAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES. THE FOREGOING DOES NOT AFFECT ANY LIABILITY THAT CANNOT BE EXCLUDED OR LIMITED UNDER APPLICABLE LAW. OUR TOTAL LIABILITY ARISING OUT OF OR RELATING TO THE SERVICES, AND/OR YOUR USE OF THE SERVICES, IS LIMITED TO THE GREATER OF (A) THE AMOUNTS YOU PAID US FOR THE SERVICES IN THE TWELVE (12) MONTHS PRIOR TO THE CLAIM, OR (B) $5,000.

Indemnification

You agree to defend, indemnify, and hold harmless the Company, its affiliates, licensors, and service providers, and its and their respective officers, directors, employees, contractors, agents, licensors, suppliers, successors, and assigns from and against any claims, liabilities, damages, judgments, awards, losses, costs, expenses, or fees (including reasonable attorneys' fees) arising out of or relating to your violation of these Terms of Service or your use of the Services, including, but not limited to, any use of our Services' content, other services, and products other than as expressly authorized in these Terms of Service, or your use of any information obtained from the Services.

Governing Law and Jurisdiction

All matters relating to the Services and these Terms of Service, and any dispute or claim arising therefrom or related thereto (in each case, including non-contractual disputes or claims), shall be governed by and construed in accordance with the internal laws of the State of Maryland ("State Jurisdiction") without giving effect to any choice or conflict of law provision or rule (whether of the State Jurisdiction or any other jurisdiction).

Any legal suit, action, or proceeding arising out of, or related to, these Terms of Service or the Services shall be instituted exclusively in the federal courts of the United States or the courts of the State Jurisdiction. You waive any and all objections to the exercise of jurisdiction over you by such courts and to venue in such courts.

Waiver and Severability

No waiver by the Company of any term or condition set out in these Terms of Service shall be deemed a further or continuing waiver of such term or condition or a waiver of any other term or condition, and any failure of the Company to assert a right or provision under these Terms of Service shall not constitute a waiver of such right or provision.

If any provision of these Terms of Service is held by a court or other tribunal of competent jurisdiction to be invalid, illegal, or unenforceable for any reason, such provision shall be eliminated or limited to the minimum extent such that the remaining provisions of the Terms of Service will continue in full force and effect.

Entire Agreement

The Terms of Service and our Privacy Policy constitute the sole and entire agreement between you and the Company regarding the Services and supersede all prior and contemporaneous understandings, agreements, representations, and warranties, both written and oral, regarding the Services.

Your Comments and Concerns

The Services are operated by the Company located at the following address via Registered Agent: 522 W Riverside Ave Suite N, Spokane, WA 99201.

All other feedback, comments, requests for technical support, and other communications relating to the Services should be directed to the following email: twi@loop-groop.com.