Terms and Conditions

Welcome to Funding Loop Pay, a payment solution that allows Australian businesses to access flexible repayment options while ensuring suppliers are paid upfront.

By accessing or using Funding Loop Pay, you agree to comply with these Terms and Conditions. Please read them carefully before proceeding.

• “Funding Loop Pay” means the payment and financing service provided jointly by Funding Loop and Choco Up.
• “Merchant” refers to an approved supplier offering Funding Loop Pay to customers.
• “Buyer” refers to a business using Funding Loop Pay to purchase goods or services from a merchant.
• “We”, “us”, “our” refers to Funding Loop Pty Ltd and Choco Up Technologies Limited.

Funding Loop Pay allows Buyers to spread repayments over 26 weeks for a fixed fee, while merchants receive full payment upfront.

Buyers are required to apply and be approved before using the service. Approval is subject to eligibility and credit assessment criteria.

You agree to:

• Provide accurate, current, and complete information during your application.
• Use Funding Loop Pay only for legitimate business purchases.
• Not misuse, modify, or attempt to reverse-engineer the platform.

We may share your data with:

• A fixed 8% fee applies to all approved transactions.
• Buyers make 26 weekly repayments, starting on the day of order approval.
• There are no setup, monthly, or annual fees for merchants.

If a scheduled repayment is missed, additional recovery or administrative fees may apply.

Funding Loop or Choco Up reserves the right to suspend or terminate your access to the service if repayments are not maintained.

We handle your personal and business information in accordance with our Privacy Policy.

By using Funding Loop Pay, you consent to the collection and sharing of necessary information with our partner, Choco Up, for the purpose of processing your payments and applications.

Funding Loop and Choco Up are not liable for any indirect, incidental, or consequential losses arising from your use of the service, except as required under Australian Consumer Law.

We may update these Terms from time to time. Any changes will take effect when posted on this website, with the “last updated” date revised accordingly.

For questions about these Terms, please contact: