Terms of Service

Welcome to ProcurePay Solutions ("ProcurePay", "we", "us", or "our"). These Terms of Service ("Terms") govern your access to and use of our website, services, and applications (collectively, the "Services"). By accessing or using our Services, you agree to be bound by these Terms and our Privacy Policy.

1. Eligibility and Account Registration

To use our Services, you must:

• Be at least 18 years old or the age of majority in your jurisdiction
• Have the legal capacity to enter into binding contracts
• Provide accurate and complete registration information
• Maintain the security of your account credentials

You are responsible for all activities that occur under your account and agree to notify us immediately of any unauthorized use.

2. Services Description

ProcurePay provides AI-powered financial solutions including but not limited to:

• Equipment financing and leasing
• Working capital solutions
• Invoice management services
• Financial analytics and reporting

All Services are subject to these Terms and any additional agreements that may apply to specific products or services.

3. User Responsibilities

When using our Services, you agree to:

• Provide accurate and current information
• Comply with all applicable laws and regulations
• Not engage in fraudulent, deceptive, or illegal activities
• Not interfere with or disrupt the Services
• Not attempt to reverse engineer or compromise our systems

4. Fees and Payments

Certain Services may require payment of fees. You agree to:

• Pay all applicable fees as described in the applicable service agreement
• Provide valid payment information and keep it updated
• Authorize us to charge your payment method for all applicable fees

All fees are non-refundable unless otherwise stated in writing. We reserve the right to modify our fees with 30 days' notice.

5. Intellectual Property

All content, features, and functionality available through the Services are the exclusive property of ProcurePay and its licensors. Subject to these Terms, we grant you a limited, non-exclusive, non-transferable license to access and use the Services for your internal business purposes.

You agree not to reproduce, distribute, modify, create derivative works of, publicly display, or otherwise exploit any of our content without our express written permission.

6. Disclaimers and Limitations of Liability

Disclaimer: THE SERVICES ARE PROVIDED "AS IS" AND "AS AVAILABLE" WITHOUT WARRANTIES OF ANY KIND. WE DISCLAIM ALL WARRANTIES, EXPRESS OR IMPLIED, INCLUDING WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, AND NON-INFRINGEMENT.

Limitation of Liability: TO THE MAXIMUM EXTENT PERMITTED BY LAW, PROCUREPAY SHALL NOT BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES ARISING FROM OR RELATED TO YOUR USE OF THE SERVICES.

7. Termination

We may suspend or terminate your access to the Services at any time for any reason, including if we believe you have violated these Terms. You may stop using our Services at any time.

Upon termination, all rights and licenses granted to you will immediately cease, and you must cease all use of the Services.

8. Governing Law and Dispute Resolution

These Terms shall be governed by and construed in accordance with the laws of the Province of Ontario, Canada, without regard to its conflict of law provisions.

Any disputes arising under these Terms shall be resolved through binding arbitration in Toronto, Ontario, in accordance with the rules of the Canadian Arbitration Association.

9. Changes to These Terms

We may modify these Terms at any time. When we make changes, we will post the updated Terms on our website and update the "Last Updated" date. Your continued use of the Services after such changes constitutes your acceptance of the new Terms.

10. Contact Information

If you have any questions about these Terms, please contact us:

Last Updated: June 2025