Privacy Policy - Evolocity Financial Group

Evolocity Financial Group is dedicated to helping the small business owner by advancing financing to businesses that do not qualify for a traditional bank loan. We do this with a proprietary system that looks at the performance of the business through cash flow and payment behavior in addition to personal and business credit history.

Information We Collect

We collect information required to verify your identity, to determine whether or not you qualify for one of our loan products, and to process your account including deducting automatic payments. We collect information that includes your bank statements, credit card statements, your average bank balance, personal and business credit history, social insurance number, bank account information and payment behavior. We may conduct a site visit to collect information. We also obtain your credit score from the credit bureaus. Once you are an Evolocity customer, we may reach out to you for information again if you decide to renew your loan.

Cookies

A cookie is a small text file that is saved to, and, during subsequent visits, retrieved from your computer or mobile device. By using cookies and other methods, Evolocity and our third party Service Providers may gather non-personal information when you visit our websites such as data about the frequency of your visits to our website, the duration of your visits, the number of pages you view, and the type of internet browser and operating system you use. Website visitor information is collected on an anonymous basis, which means that no personal information is associated with such data, unless a visitor specifically provides us with such information (e.g. by enrolling for our services or by sending us a message from our website). In addition to the identified purposes described in this Privacy Policy, we may use information obtained from our websites and share it with other organizations with whom we have a commercial relationship to measure the use of our website and to improve the functionality and content of our website. Evolocity and our third party Service Providers may also use cookies and invisible web beacons to deliver interest-based advertisements that are relevant and targeted to the visitors of our websites.

Most web browsers are initially set up to accept cookies; however, you can delete or disable cookies by modifying your browser settings. If you decide to disable cookies on our website, you may not be able to take full advantage of all website features once you have done so.

Privacy and Sharing of Information

By providing us the required information as outlined above and in your application, you are granting Evolocity and our trusted business partners and service providers access to it. Your information is held securely by Evolocity and our trusted partners. We may share your basic information (Name, Company Name, Phone, Email Address and Requested Financing Amount) with one of our business partners if we are unable to provide you with financing. Our partners that offer other merchant services, may contact you to obtain further information.

Evolocity reserves the right to disclose your personal information as required by law, when we believe that disclosure is necessary to comply with a judicial proceeding, court order, or legal process served on us and to defend against legal claims. Evolocity may be required to disclose your personal information to law enforcement, securities regulators, tax authorities and regulatory authorities, such as the Financial Transactions and Reports Analysis Centre of Canada, in the context of an investigation or audit.

Security of Information

Evolocity takes the security of your information very seriously. Evolocity protects your information using bank-level data security: 256 bit-encryption and a Secure Sockets Layer (SSL) protocol. This creates an encrypted connection between your browser and our servers. All information remains encrypted at all times.

If you allow Evolocity to see your banking information online rather than in paper form, it is on a read-only basis. We do not have access to change, edit, or modify bank account information in any way. Evolocity employees cannot view your banking username and passwords nor do we store your login information.

Opt-Out Policy

Evolocity and your business partners may contact you to offer you products and services that may be of interest to you. To opt-out of receiving emails, telephone solicitations or other forms of contact from Evolocity, and our trusted business partners regarding other products and services, please send an email to info@evolocity.ca with "Opt-Out" in the Subject line, or a letter by postal mail to:

Evolocity Financial Group
1100 Rene-Levesque, Suite 1825
Montreal, QC H3B 4N4

You must include your full name and business mailing email addresses and account number. Once we locate your contact information based on the information you provide us, it will be removed from our databases and mailings lists.

Changes to this Privacy Policy

Evolocity reserves the right to modify this Privacy Policy at any time. All such changes will be posted on the Evolocity website, and will be effective immediately upon posting. We will take reasonable measures to advise affected individuals of any material changes, if necessary.