Privacy

Factor & Fund Privacy Policy

Effective Date: 01/01/2025

Factor & Fund (“FF”, “F&F”, “we”, “our”, “us”) is a registered Doing Business As (DBA) name for Quofundis, Inc., a legally registered business entity. Any references to “Factor & Fund” within this Privacy Policy shall be understood to mean Quofundis, Inc. All data collection, usage, and protection practices described in this policy apply to Factor & Fund as an entity under Quofundis, Inc.

1. Information We Collect

We collect various types of information to provide and improve our services:

A. Information You Provide Directly:

Personal Information: When you use our services, apply for factoring, or fill out forms on our website, we may collect personal information such as your name, company name, email address, phone number, and financial details.
Transactional Information: Details regarding your invoices, business transactions, and financial activities may be collected to offer you appropriate financing solutions.

B. Information We Collect Automatically:

Usage Data: We may collect data on how you interact with our website, including IP addresses, browser types, device information, and pages viewed.
Cookies and Tracking Technologies: We use cookies, web beacons, and other tracking technologies to improve the user experience and analyze website traffic. You can manage cookie preferences through your browser settings.

As part of our factoring application process, Factor & Fund may collect business credit reports, run soft credit inquiries on business owners, and file UCC-1 financing statements to secure interests in factored invoices. These inquiries do not impact personal credit scores and are used solely to assess eligibility for financial services.

2. How We Use Your Information

We use the information collected for various business purposes, including:

Providing Services: To process your applications for factoring, provide financial services, and manage your account.
Improving Our Services: To enhance our website functionality and tailor services to your needs.
Communication: To contact you about your account, notify you of service updates, or send marketing and promotional materials, unless you opt-out.
Legal Compliance: To comply with applicable laws, regulations, and contractual obligations.

As a financial service provider, Factor & Fund complies with the Gramm-Leach-Bliley Act (GLBA) and maintains strict security and privacy measures to protect sensitive client information. We do not disclose nonpublic personal information about our customers to third parties except as permitted by law.

3. Information Sharing and Disclosure

Factor & Fund does not sell your personal information. However, we may share your information in the following circumstances:

With Service Providers: We may share your information with third-party service providers that help us with our business operations, such as payment processing, data storage, or customer support.
With Financial Institutions: To provide factoring services, we may share your information with banks or other financial partners to facilitate transactions.
Legal Requirements: We may disclose your information when required by law, in response to legal processes, or to protect our rights, property, and the safety of others.
Business Transfers: In the event of a merger, acquisition, or sale of company assets, your information may be transferred to a new owner.

We require all third-party service providers, financial institutions, and payment processors to implement security and confidentiality measures that meet or exceed industry standards. Factor & Fund does not allow third-party partners to use your data for purposes other than those explicitly authorized by us.

4. Data Security

We take your data security seriously and implement a variety of security measures to protect your personal information. These measures include encryption, secure servers, and limited access to authorized personnel only. However, no online transmission of data can be guaranteed to be 100% secure, and we encourage you to take appropriate steps to protect your information.

5. Your Data Rights

Depending on your location, you may have certain rights regarding your personal information:

Access and Correction: You can request access to your personal information and ask us to correct or update any inaccuracies.
Data Deletion: You may request that we delete your personal information, subject to legal obligations requiring us to retain certain data.
Opt-Out: You can opt-out of receiving marketing communications from us by following the unsubscribe instructions included in the communications or by contacting us directly.

To exercise any of these rights, please contact us at [insert contact details].

6. Cookies and Tracking Technologies

Factor & Fund uses cookies and other tracking technologies to enhance user experience, monitor website performance, and analyze traffic patterns. You can control your cookie preferences through your browser settings, though disabling cookies may impact the functionality of certain parts of our website.

7. Third-Party Links

Our website may contain links to third-party websites or services. Please note that we are not responsible for the privacy practices or content of these third-party sites. We encourage you to review the privacy policies of any site you visit.

8. Changes to This Privacy Policy

We may update this Privacy Policy from time to time. Any changes will be posted on this page with the updated effective date. We encourage you to review this policy periodically to stay informed about how we are protecting your information.

Any updates to this Privacy Policy shall apply to all users of Factor & Fund (Quofundis, Inc.) and will be enforced under the policies of our registered legal entity.

9. Data Retention

Factor & Fund retains collected data for as long as necessary to provide services, comply with legal and regulatory obligations, resolve disputes, and enforce agreements. Business transaction records, including factoring agreements and payment history, may be retained for up to seven (7) years in accordance with industry regulations.

10. California Consumer Privacy Rights (CCPA Notice)

Under the California Consumer Privacy Act (CCPA), California residents have the right to request disclosure of the personal data we collect, how it is used, and with whom it is shared. To exercise these rights, please contact us at ff@factorandfund.com. Factor & Fund (Quofundis, Inc.) complies with all CCPA requirements for the collection, use, and protection of California residents’ personal data.