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.
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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.
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 firstname.lastname@example.org 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.