Privacy Policy

the types of information we may collect or that you may provide when you download, register with, access, or use the Company’s QuickFi® mobile application (the “App”); and

our practices for collecting, using, maintaining, protecting, and disclosing that information.

that we collect offline or on other Company apps or through other websites, including third-party websites you may access through the App; and

that you provide or is collected by any third party, including through any application or content (including advertising) that may link to or be accessible from or on the App or Websites (see Third-Party Information Collection).

directly from you when you provide it to us;

automatically when you use the App; and

from affiliates, for example, our technical business partners, in connection with the functioning of the App.

by which you or your company/employer may be personally identified, such as image of your drivers' license, your name, company's/employer's name, postal address, email address, telephone number, social security number, company tax identification number, drivers' license number, biometric identifiers (see Biometric Information Privacy including a fingerprint, voiceprint or face geometry), any other information the App or Websites collect that is defined as personal or personally identifiable information under applicable law or any other identifier by which you may be contacted online or offline (”personal information”);

through the camera(s) on your mobile device, by which the Camera access occurs temporarily and specifically after (i) the user triggers functionality that utilizes the camera and (ii) camera access is allowed by the user for the purpose of drivers’ license scanning (user authentication) or the scanning of invoices to be financed or leased (the core function of the App), after completion of which tasks, the camera access is again automatically disabled; or

about you but individually does not identify you, such as your company's/employer's business or your personal or business income or assets, which credit information is used to evaluate the creditworthiness of the borrower to facilitate commercial equipment loans and equipment leases.

information that you provide by taking a picture, uploading files, emailing invoices or filling in forms through the App. This includes information provided at the time of registering to use the App, as well as information collected later when submitting materials in connection with continued use of the App, and when requesting additional future services. We may also ask you for information when you enter a contest or promotion sponsored by us and when you report a problem with the App;

records and copies of your correspondence (including email addresses and phone numbers), if you contact us;

details of transactions you carry out through the App and of the fulfillment of your financing. Depending on the amount of publicly available information concerning your company, you may be required to provide additional financial information before or during your application for commercial equipment financing or leasing through the App;

your responses to surveys that we might ask you to complete for research and service improvement purposes;

your search queries in the App or on our Websites;

the names and email addresses of other Company employees entered by the App user in connection with the User’s establishment of his or her authority to bind the Company pursuant to legal financing obligations initiated through his or her use of the App; and

ANY OTHER TYPES OF INFORMATION THE APP OR WEBSITE USER PROVIDES.

Usage Details. When you access and use the App, we may automatically collect certain details of your access to and use of the App, including traffic data, location data, logs, and other communication data and the resources that you access and use on or through the App.

Device Information. We may collect information about your mobile device and internet connection, including the device’s unique device identifier, IP address, operating system, browser type, mobile network information, and the mobile telephone number.

Stored Information and Files. The App also may access files stored on your device, such as equipment invoice PDF files to be financed. This only occurs if the user initiates such file access by browsing to such a file and initiating an upload through direct user action in the App.

Location Information. This App collects real-time information about the location of your device, when a user is being authenticated or when a financing transaction is being processed. For security reasons, the App requires the user to turn on location services to authenticate a user or to process financing or leasing transactions. If the user does not activate location services when prompted in the App, these activities will not function.

Cookies (or mobile cookies). A cookie is a small file placed on your smartphone. It may be possible to refuse to accept mobile cookies by activating the appropriate setting on your smartphone. However, if you select this setting you may be unable to access certain parts of our App relating to user authentication, the processing of commercial financing transactions, or other features that rely on cookies to provide a level of user security deemed necessary by the Company.

Web Beacons. The App and our emails may contain small electronic files known as web beacons (also referred to as clear gifs, pixel tags, and single-pixel gifs) that permit the Company, for example, to count users who have visited those pages or opened an email and for other related app statistics such as, recording the popularity of certain app content and verifying system and server integrity.

Onfido™ (you agree that you have read, understand and accept Onfido's Facial Scan Policy & Release, Privacy Policy and Terms of Service),

New Relic, and

other affiliated technical partners that work with the Company from time to time.

Wells Fargo,

Signature Bank,

MB Bank,

Sterling Bank,

Wintrust and

other affiliated banks that partner with the Company from time to time.

provide you with the App and its contents, and any other information, products or services that you request from us;

fulfill any other purpose for which you provide it, including but not limited to, evaluating your company’s credit and the credit of any personal guarantor of your company’s credit, for the purpose of obtaining a business loan or equipment lease;

give you notices about your account, financing applications or contract transactions, including when documents are available for your review;

carry out our obligations and enforce our rights arising from any contracts entered into between you and us, including for billing and collection;

notify you when App updates are available, and of changes to any products or services we offer or provide though it; and

such other uses and methods as we might employ from time to time in the future.

estimate our audience size and usage patterns;

store information about your preferences, allowing us to customize our App according to your individual interests;

speed up your searches;

provide you with support when you may need assistance with a transaction; and

recognize you when you use the App to better serve you.

to subsidiaries and divisions of the Company;

to a buyer or other successor in the event of a merger, divestiture, restructuring, reorganization, dissolution, or other sale or transfer of some or all of Innovation Finance’s assets, whether as a going concern or as part of an acquisition, a bankruptcy, liquidation, or similar proceeding, in which personal information held by Innovation Finance about our App users is among the assets transferred;

to fulfill the purpose for which you provide it;

to a buyer or servicer of your loan or financial obligation originated by us;

to comply with any court order, law, or legal process, including to respond to any government or regulatory request;

to enforce our rights arising from any contracts entered into between you and us, including the App's Terms and Conditions and for billing and collection;

if we believe disclosure is necessary or appropriate to protect the rights, property, or safety of Innovation Finance, our customers or others, and this includes exchanging information with other companies and organizations for the purposes of fraud protection and credit risk reduction;

with your consent; and

for any other purpose disclosed by us.

Tracking Technologies. Depending on the operating system and browser technology used, you may be able to set your browser to refuse all or some browser cookies, or to alert you when cookies are being sent, including requests not to track your usage and browsing history. If you disable or refuse cookies or block the use of other tracking technologies, some parts of the App maybe inaccessible or may not function. We do not track you across the Internet once you leave our App or Websites. Currently, the App and Websites do not respond to any of these "do not track" browser signals. Innovation Finance may track your activity on these websites and use that information as provided in this policy.

Location Information. You can choose whether or not to allow the App to collect and use real-time information about your device’s location through the device’s privacy settings. If you block the use of location information, some parts of the App may be inaccessible or may not function properly.

Promotion by the Company. If you do not want us to use your email address or other contact information to promote our products or services, you should not download, install or use the QuickFi App, and you should not visit the Company’s websites.

Disclosure of Your Information for Third-Party Advertising and Marketing. Notwithstanding Technical Affiliates and Bank Affiliates described above, we do not sell or otherwise share your information with third party companies for their promotional use.

Encryption & Transmission. Any personally identifiable information will be encrypted using Secure Socket Layer (SSL) technology. The purpose of this encryption protocol is to keep confidential the information passed back and forth between a web server and a mobile device or computer.

Storage & Protection. We use computer anti-virus software and information you provide to us is either stored on our secure servers behind firewalls to prevent viruses and unauthorized access from individuals and computer networks, or it is stored on a private blockchain with a hash on the Ethereum network.

Blockchain Security & Accessibility. Each user has data contained in a unique encrypted data block in a private blockchain with a hash on the Ethereum network. Immutable, time-stamped, and geo-tagged records may be kept on user identity, completed contracts and related transactions. Neither you nor Innovation Finance may make changes or modifications to data stored in the blockchain. You or anyone with access to your private key, however, can access data stored in the blockchain, with the corresponding ability to confirm the unaltered state of such data.

How Do We Collect and use your Biometric Data? When you establish a QuickFi® account, you will be asked to provide certain Biometric Identifiers through your smartphone. Innovation Finance will then encrypt your Biometric Data and store it on our data servers, which information we may use to identify you when you use the App. Your Biometric Data is accessed when you log into the App and it may be required at other times that enhance the security of your Company’s account.

Is Your Biometric Data Secure? Innovation Finance takes your Biometric Data security seriously. We implement industry-standard data security methods to ensure that your Biometric Data is secure.

Do We Share or Sell Your Biometric Data? We do not sell your Biometric Data to any third parties. We may work with Technical Affiliates and Bank Affiliates to provide you with services through the App. We only share your Biometric Data with a Technical Affiliate if a Technical Affiliate is involved in the biometric authentication process. We only share your Biometric Data with a Bank Affiliate if the Bank Affiliate is involved in the credit underwriting, loan, lease or funding process, and has a need to have it, and only for so long as those needs continue. Innovation Finance has agreements with Technical Affiliates that will receive your Biometric Data that requires them to keep your Biometric Data secret and secure. Bank Affiliates do not typically receive any biometric data from the Company, except in the case of fraud or suspected criminal activity.

How Long Do We Keep Your Biometric Data? Your account is considered “active” as long as you have registered or made at least one transaction using QuickFi® within the last year. We may delete biometric data after an account become inactive. We may keep your Biometric Data indefinitely, subject to the terms and conditions outlined herein.

What Happens to Your Biometric Data After You Close Your Account? After you close your account (or your account automatically closes, if inactive for a period of time, determined by the Company), Innovation Finance will typically keep your Biometric Data on file for one year, after which the Company may permanently destroy your Biometric Data, unless there are in-process loan or lease transactions which have not been fully repaid, or other reasons why the Company may elect to keep the Biometric Data beyond one year.

A written notice as to why access to personal information is denied must be provided by the data subject.

The denial of access to personal information is recorded by the Privacy Officer, CXO, support staff, or privacy staff via ticket.

Any unauthorized disclosures, potential disclosures, or privacy breaches detected are recorded by the Privacy Officer/CXO/support/privacy staff and are tracked by privacy staff.

The information collected for the purposes described within this policy. The monitoring is conducted by reviewing the personal information types and methods for collecting information.

IFUSA's privacy controls and adherence to commitments to data subjects related to the protection of personally identifiable information.

The accuracy of personal information records. The Privacy Officer makes efforts to correct inaccurate personal information as necessary.

Preventing disclosure of personal information to third parties unless an individual has given implicit or explicit consent for disclosure to be conducted.