Terms of Use

Terms and conditions for using our services

Last updated: January 1, 2024

1. Acceptance of Terms

By accessing and using the Skyarc Capital website and services, you accept and agree to be bound by the terms and provision of this agreement. If you do not agree to abide by the above, please do not use this service.

2. Description of Service

Skyarc Capital Pte Ltd ("Skyarc Capital," "we," "our," or "us") provides loan brokerage services to help small and medium enterprises (SMEs) and other businesses find suitable financing solutions. We act as an intermediary between borrowers and lenders.

3. Eligibility

To use our services, you must:

  • Be at least 18 years of age
  • Be a legal entity or individual authorized to enter into loan agreements
  • Provide accurate and complete information
  • Comply with all applicable laws and regulations

4. Loan Calculator and Estimates

The loan calculator on our website provides indicative estimates only. These calculations are:

  • Based on the information you provide
  • For estimation purposes only
  • Not a guarantee of loan approval or terms
  • Subject to actual lender assessment and approval

Actual loan terms, interest rates, and approval decisions are made by the respective lenders, not by Skyarc Capital.

5. Brokerage Services

5.1 Our Role

We act as a loan broker and do not:

  • Provide loans directly
  • Guarantee loan approval
  • Set interest rates or loan terms
  • Make lending decisions

5.2 Commission

We earn commission from lenders upon successful loan disbursement. This commission does not affect your loan terms or interest rates. All commission arrangements are disclosed to you before proceeding with any loan application.

6. Information Accuracy

You are responsible for:

  • Providing accurate and complete information
  • Updating information as necessary
  • Ensuring all documents are genuine and current
  • Notifying us of any changes in your circumstances

Providing false or misleading information may result in loan rejection and legal consequences.

7. Privacy and Data Protection

Your privacy is important to us. Please review our Privacy Policy to understand how we collect, use, and protect your personal information in compliance with Singapore's Personal Data Protection Act (PDPA).

8. Prohibited Uses

You may not use our services for:

  • Any unlawful purpose or activity
  • Money laundering or terrorist financing
  • Fraudulent activities
  • Circumventing lender policies or procedures
  • Any purpose that violates these terms

9. Intellectual Property

The content, design, and functionality of our website are protected by intellectual property laws. You may not:

  • Copy, modify, or distribute our content without permission
  • Use our trademarks or logos without authorization
  • Reverse engineer or attempt to extract source code

10. Disclaimers

10.1 No Warranty

Our services are provided "as is" without warranties of any kind, either express or implied, including but not limited to warranties of merchantability, fitness for a particular purpose, or non-infringement.

10.2 Limitation of Liability

To the maximum extent permitted by law, Skyarc Capital shall not be liable for any direct, indirect, incidental, special, or consequential damages arising from your use of our services.

11. Indemnification

You agree to indemnify and hold harmless Skyarc Capital from any claims, damages, or expenses arising from your use of our services or violation of these terms.

12. Third-Party Services

Our website may contain links to third-party websites or services. We are not responsible for the content, privacy policies, or practices of these third parties. Your use of third-party services is at your own risk.

13. Regulatory Compliance

We operate in compliance with applicable Singapore laws and regulations, including:

  • Money Lenders Act
  • Personal Data Protection Act (PDPA)
  • Consumer Protection (Fair Trading) Act
  • Relevant MAS guidelines

14. Termination

We may terminate or suspend your access to our services at any time, with or without notice, for any reason, including violation of these terms.

15. Governing Law

These terms are governed by the laws of Singapore. Any disputes arising from these terms or our services shall be subject to the exclusive jurisdiction of the Singapore courts.

16. Changes to Terms

We reserve the right to modify these terms at any time. We will notify users of significant changes by posting the updated terms on our website. Your continued use of our services after such changes constitutes acceptance of the new terms.

17. Severability

If any provision of these terms is found to be unenforceable or invalid, the remaining provisions shall remain in full force and effect.

18. Contact Information

If you have any questions about these Terms of Use, please contact us:

  • Email: info@skyarc.sg
  • Phone: +65 1234 5678
  • Address: Skyarc Capital Pte Ltd, Singapore
Important Notice

These terms constitute a legal agreement. Please read them carefully and seek legal advice if you have any questions about your rights and obligations.