Terms of Service

1. Acceptance of Terms

By accessing or using the website www.abs-ag-fn.it.com ("Website") and the services provided by A.B.S. Global Factoring AG ("Company", "we", "us"), you agree to be bound by these Terms of Service ("Terms"). If you do not agree to these Terms, please do not use our Website or services.

2. Definitions

• "Services" refers to factoring, BNPL, debt collection, private billing, and any other financial services offered by the Company.
• "Client" means any individual or entity using our Services or accessing our Website.
• "Agreement" refers to the specific contract governing the provision of Services between the Company and the Client.

3. Services Description

A.B.S. Global Factoring AG provides a range of financial services including but not limited to full-service factoring, buy now pay later solutions (quickpaid), debt collection, and private billing services for healthcare professionals. Detailed descriptions of our services are available on our Services page.

4. Eligibility

To use our Services, you must:

• Be a legally registered business entity or authorized representative
• Be at least 18 years of age
• Provide accurate and complete information
• Comply with all applicable laws and regulations

5. Client Obligations

As a Client, you agree to:

• Provide accurate and timely information regarding your business and financial situation
• Notify us promptly of any material changes to your business
• Cooperate with our due diligence and credit assessment processes
• Pay all fees and charges in accordance with the Agreement
• Comply with all applicable laws and regulations

6. Fees and Charges

Fees for our Services are set out in the specific Agreement between the Company and the Client. All fees are clearly communicated before the commencement of services. We reserve the right to adjust fees with reasonable notice to the Client.

7. Intellectual Property

All content on our Website, including text, graphics, logos, images, and software, is the property of A.B.S. Global Factoring AG or its licensors and is protected by applicable intellectual property laws. You may not reproduce, distribute, or create derivative works without our prior written consent.

8. Limitation of Liability

To the maximum extent permitted by law, A.B.S. Global Factoring AG and its officers, employees, and agents shall not be liable for any indirect, incidental, special, consequential, or punitive damages arising from your use of our Website or Services.

9. Indemnification

You agree to indemnify and hold harmless A.B.S. Global Factoring AG from any claims, damages, losses, liabilities, and expenses arising from your use of our Services, violation of these Terms, or infringement of any third-party rights.

10. Termination

Either party may terminate the Agreement in accordance with the notice periods specified in the Agreement. Upon termination, outstanding obligations shall be settled according to the terms of the Agreement. The Company reserves the right to suspend or terminate access to the Website for violation of these Terms.

11. Governing Law

These Terms shall be governed by and construed in accordance with the laws of the Federal Republic of Germany. Any disputes arising from these Terms shall be subject to the exclusive jurisdiction of the courts of Wiesbaden, Germany.

12. Force Majeure

Neither party shall be liable for delays or failures in performance resulting from events beyond its reasonable control, including but not limited to natural disasters, war, terrorism, strikes, government actions, or public health emergencies.

13. Entire Agreement

These Terms, together with the Agreement, Privacy Policy, and Cookie Privacy Policy, constitute the entire agreement between you and A.B.S. Global Factoring AG regarding your use of our Website and Services.

14. Amendments

We reserve the right to amend these Terms at any time. Material changes will be communicated through our Website or by direct notification. Continued use of our Services after such changes constitutes acceptance of the updated Terms.

15. Contact

For questions about these Terms, please contact us:

A.B.S. Global Factoring AG
Mainzer Straße 97
65189 Wiesbaden, Germany
Email: info@abs-ag-fn.it.com
Phone: +49 (611) 977 10 0