Seller Agreement

Last updated: 31 August 2026

This is a general-purpose template for shops selling on Loomcraft. Please have a lawyer review it before onboarding real sellers, so it matches your actual commission, payout, and local business/tax requirements.

1. Onboarding

Applying to sell on Loomcraft does not automatically create a store. Loomcraft reviews every application and may approve, request more information, or decline it at its discretion.

2. Subscription & Fees

Approved sellers pay a subscription fee (Monthly / Half-Yearly / Annual) to keep their store active, as shown at the time of onboarding. Loomcraft may also charge a commission on each sale, communicated separately.

3. Product Listings

Sellers are responsible for the accuracy of their product listings (description, price, images, stock). Loomcraft may remove any listing that violates its policies or applicable law.

4. Orders & Fulfilment

Sellers must fulfil orders within the timeframe agreed with Loomcraft and keep stock levels updated to avoid overselling.

5. Payments & Payouts

Payment collected from customers is settled to sellers on a schedule agreed separately, after deducting applicable commission and fees.

6. Suspension & Termination

Loomcraft may suspend or terminate a seller's account for non-payment of subscription fees, repeated customer complaints, or violation of this agreement.

7. Compliance

Sellers are responsible for complying with applicable tax laws (including GST registration where required) and consumer protection regulations for the products they sell.

8. Changes

This agreement may be updated from time to time. Continued use of the seller account after changes are published constitutes acceptance of the updated terms.

9. Contact

For questions about this agreement, contact us.