1. Introduction
Welcome to Bueno Technologies Pte. Ltd. ("Bueno"). By using our services at Bueno and Bueno Account, you agree to comply with these Terms and Conditions. Please read them carefully.

2. Definitions

• "Bueno Account" or "CMP": Bueno's credit management, digital invoicing, accounts receivable, and accounts payable platform.
• "Seller": Legal entities that have created a Seller Bueno Account are the invoice issuers and entered into a Commercial Agreement, supplying goods or services to a Buyer under a contract of sale.
• "Buyer": Legal entities that have created a Buyer Bueno Account and are the invoice recipients to which goods or services have been supplied under a contract of sale and are responsible for the payment of the related invoices.
• "Commercial Agreement": A legally valid and enforceable financing agreement entered into between Bueno and the Seller to assign invoices to the Parties (Bueno, Funder, and Insurance Provider), allowing the Seller to offer deferred payment to its Buyers on a without recourse basis underwritten by the Parties (Bueno, Funder, and Insurance Provider) through the Bueno Account.
• "Payment Obligation Acknowledgement": The digitally executed onboarding letter or document issued by Bueno and endorsed by the Buyer, pursuant to which the Buyer agrees to be bound by Bueno’s platform-wide payment terms, policies, and enforcement framework, including liability for late payment fees, legal fees, and collection costs.
• "Payment Obligation Acceptance": The digitally executed letter or document issued by Bueno and accepted by the Buyer in relation to a specific invoice or transaction, confirming the validity of that invoice, consenting to its assignment, and unconditionally agreeing to make payment in full to Bueno by the stated due date, including acceptance of any associated fees or charges.
• "Funder": The funding partner provides funding to the Seller, which includes but is not limited to invoice payment advancement for the goods or services supplied under a contract of sale issued by the Seller to the Buyer through the Bueno Account, where the Buyer bears the liability to complete the invoice payment on due date, which is directly or indirectly assigned to the Funder under a Commercial Agreement.
• "Insurance Provider": The insurance partner underwrites the trade transactions through the Bueno Account and assumes invoice payment collection and claims responsibilities on overdue invoices.

3. Services
Bueno provides a digital software platform for managing credit processes. Bueno facilitates invoice payment advancement for the goods or services supplied under a contract of sale issued by the Seller to the Buyer through the Bueno Account, where the Buyer bears the liability to complete the invoice payment on the due date. Services include digital invoicing, credit assessment, trade credits, accounts receivable, and accounts payable management.

4. User Obligations

• 4.1 Compliance: Users must comply with all applicable laws in Singapore, including data protection laws.
• 4.2 Accurate Information: Users are responsible for providing accurate and complete information.
• 4.3 Confidentiality: Users must maintain the confidentiality of their login credentials.

5. Data Protection

• 5.1 Data Collection: We collect personal and business information necessary for providing our services in compliance with Singapore's Personal Data Protection Act (PDPA).
• 5.2 Data Use: Data will be used for credit management, compliance checks, and service improvements.
• 5.3 Data Sharing: Information may be shared with partners and regulatory authorities as necessary. All data sharing is conducted per applicable laws.
• 5.4 Security: We implement appropriate technical and organisational measures to safeguard user data.

6. Fees and Payments

• 6.1 Platform Fees: Fees are based on the terms of your Commercial Agreement and the Bueno Account.
• 6.2 Late Payments: Late payment fees apply as specified in the Commercial Agreement, Payment Obligation Acceptance letter and the Bueno Account.
• 6.3 Payment Methods: Payments must be made through approved methods detailed in the Commercial Agreement and Bueno Account.
• 6.4 Payment Obligation Acceptance and Enforcement: Buyer may be required to confirm payment obligations through a Payment Obligation Acceptance letter or document, digitally executed through the Bueno Account.
• 6.4.1 Upon digital acceptance or endorsement, the Buyer acknowledges the validity and enforceability of the invoiced amount, and undertakes to make full payment by the specified due date without deduction, set-off, or counterclaim, and agrees that in the event of non-payment or late payment, a late payment fee of 3% per month (or part thereof) may be charged on the overdue amount, and the Buyer bear all reasonable collection costs, legal fees, and administrative charges incurred by Bueno or its Funder in recovering the debt.
• 6.4.2 The Buyer's digital acceptance or endorsement of a Payment Obligation Acceptance letter or document shall constitute a binding and enforceable commitment under Singapore law, including the Contracts (Electronic Transactions) Act 2010 (Cap. 48A).

7. Limitation of Liability

• 7.1 No Liability for Default: Bueno is not liable for defaults or disputes arising from acts of God, civil unrest, or other force majeure events.
• 7.2 No Warranties: Services are provided "as is" without warranties of any kind.
• 7.3 Indemnification: Users agree to indemnify Bueno against any claims arising from their use of the platform or breach of these terms.

8. Termination

• 8.1 Termination by Seller: Seller may terminate the Commercial Agreement and Bueno Account with a 30-day written notice.
• 8.2 Termination by Bueno: Bueno may terminate the Commercial Agreement and Bueno Account for breach of terms, insolvency, or at its discretion with appropriate notice.

9. Governing Law
These Terms and Conditions are governed by the laws of Singapore. Disputes will be resolved in accordance with Singaporean Law.

10. Modifications
Bueno reserves the right to modify these Terms and Conditions at any time. Users will be notified of changes via the Bueno Account or email.

11. Confidentiality
Seller and Buyer agree to keep all information obtained through the use of the platform confidential and not disclose it without written consent, except as required by Law.

12. Insurance
Trade transactions are insured as per agreements with the Insurance Provider and underwriters, ensuring coverage for invoice advancements and associated risks.

13. Arbitration
Disputes that cannot be resolved amicably will be referred to arbitration under the Singapore International Arbitration Centre (SIAC) rules.

14. Contact Information
For questions or concerns regarding these Terms and Conditions, please contact us at:

• Bueno Technologies Pte. Ltd. (UEN 202128505G)
• Address: 68 Circular Road, #02-01, Singapore 049422
• Email: hi@bueno.money
• Phone: +65 9889 6427

By accessing or using our Services or otherwise manifesting your consent to these Terms and Conditions (the "T&C"), you signify that you have read, understood and agree to the T&C and our collection, storage, use and disclosure of your personal information as described in this Privacy Policy. Additionally, by submitting your application to obtain a Bueno Account, you signify that you have read, understood, and agree to be bound by the T&C.

You also agree to receive all notices and other communications from us electronically. Bueno reserves the right to make unilateral modifications to the T&C and will provide notice of these changes by posting an updated version to our Legal Page. If you are the individual applying for the Bueno Account, you represent and warrant that you are an authorised representative of the Seller or Buyer with the authority to bind the Seller or Buyer to the T&C and that you agree to the T&C on the Seller's or Buyer's behalf.