Terms and Conditions

Welcome to Estirad, a service designed to simplify inventory operations for merchants. By using our services, you agree to the following terms and conditions. Please read them carefully.

1. Service Overview

Estirad partners with merchants to support their inventory needs by:

Covering up to 60% of inventory costs.

Managing purchasing, shipping, customs clearance, and secure storage.

Offering flexible payment terms aligned with the merchant’s sales cycle.

This is a partnership, not a financing arrangement. Estirad does not provide loans or financial services.

2. Registration and Submission

Eligibility: Any merchant may register and submit supplier invoices for review.

Invoice Requirements: Invoices must include the supplier’s name, contact details, and a detailed list of products with clear pricing.

Acceptance: Estirad reserves the right to accept or reject any submitted invoice at its sole discretion.

3. Partnership Agreement

Once an invoice is approved, Estirad will provide a Pay Later Offer outlining the terms of the partnership.
The merchant must review and sign the agreement to proceed.
The agreement will specify the inventory contribution, payment terms, and any other relevant details.

4. Inventory Management

Storage: Approved inventory will be stored securely in Estirad’s facility until sold.

Sales: Merchants will receive portions of the inventory as they sell and repay Estirad’s contribution.

Liquidation: If inventory remains unsold after six (6) months, Estirad reserves the right to liquidate it to recover its contribution. Any remaining proceeds will be returned to the merchant.

5. Payment Terms

Estirad’s service fee starts at 3% of the total inventory cost and may vary based on product type, delivery timeline, and sales duration.

Merchants are required to repay Estirad’s contribution progressively as their inventory sells.

6. Responsibilities

Merchant Responsibilities:

Ensure all imported products comply with Lebanese laws and regulations.

Provide accurate and complete documentation.

Sell inventory within the agreed timeframe (maximum six months).

Estirad Responsibilities:

Manage purchasing, shipping, customs clearance, and storage.

Ensure secure handling and storage of inventory.

Maintain transparent communication throughout the process.

7. Limitation of Liability

Estirad is not liable for any losses or damages resulting from market fluctuations, product demand, or other external factors beyond its control.
Merchants are solely responsible for ensuring the quality, legality, and marketability of their products.

8. Amendments

Estirad reserves the right to update these terms and conditions at any time. Merchants will be notified of any changes, and continued use of the service constitutes acceptance of the updated terms.

9. Governing Law

These terms and conditions are governed by the laws of Lebanon. Any disputes arising from the use of Estirad’s services will be resolved under Lebanese jurisdiction.