LEASESOLVE

TERMS OF USE

LeaseSolve.com

Effective Date: June 10, 2025

Please read these Terms of Use (“Terms”) carefully before accessing or using LeaseSolve.com (the “Platform”). By accessing or using the Platform, you agree to be bound by these Terms. If you do not agree, you must discontinue use immediately.

1. About LeaseSolve

LeaseSolve is a software-as-a-service (“SaaS”) platform designed to assist equipment finance professionals, leasing companies, brokers, lenders, dealers, vendors, and other commercial finance organizations in preparing payment calculations, financing estimates, customer proposals, amortization schedules, payment comparisons, rate calculations, customer presentations, workflow automation, customer follow-up communications, and related business processes.

LeaseSolve is an information and workflow platform only. LeaseSolve is not a lender, financing company, leasing company, credit provider, financial institution, legal advisor, accounting firm, tax advisor, investment advisor, or underwriting service. LeaseSolve does not make lending decisions, approve financing, or guarantee any financing outcome.

2. Eligibility

The Platform is intended solely for business use by professionals in the equipment leasing and financing industry. By using the Platform, you represent and warrant that:

You are at least 18 years of age;
You are accessing the Platform on behalf of a business entity or in your capacity as a professional, not as a consumer;
You have the authority to bind your organization to these Terms if using the Platform on behalf of a company; and
Your use of the Platform complies with all applicable laws and regulations.

3. Account Registration and Security

3.1 Registration

To access the Platform, you must create an account by providing accurate, current, and complete information. You agree to maintain and promptly update your account information to keep it accurate.

3.2 Account Security

You are solely responsible for maintaining the confidentiality of your login credentials and for all activity that occurs under your account. You agree to:

Use a strong, unique password for your LeaseSolve account;
Notify us immediately at [support@leasesolve.com] if you suspect unauthorized access or a security breach; and
Not share your account credentials with any third party.

We are not liable for any loss or damage arising from your failure to maintain account security.

4. Permitted Use and License

4.1 License Grant

Subject to your compliance with these Terms and payment of applicable fees, we grant you a limited, non-exclusive, non-transferable, revocable license to access and use the Platform for your internal business purposes in connection with equipment leasing and financing activities.

4.2 Restrictions

You agree not to:

Reproduce, resell, sublicense, or distribute the Platform or any of its features to third parties;
Reverse engineer, decompile, disassemble, or attempt to derive the source code of the Platform;
Use the Platform to develop a competing product or service;
Scrape, crawl, or use automated means to access the Platform without our prior written consent;
Upload or transmit content that is unlawful, defamatory, fraudulent, or that infringes the intellectual property rights of others;
Circumvent any security, access control, or usage monitoring features of the Platform; or
Use the Platform in any manner that could damage, disable, or impair its operation or interfere with other users.

5. Payment Proposals and Quotes

The Platform enables you to generate payment proposals, financing quotes, and related documents for presentation to your clients (“Output Content”). You acknowledge and agree that:

All Output Content is generated based on parameters and data you input, and its accuracy depends entirely on the accuracy and completeness of the information you provide;
LeaseSolve does not guarantee the accuracy, completeness, or fitness for purpose of any quote or proposal generated through the Platform;
Output Content does not constitute a binding credit approval, loan commitment, or financing guarantee from LeaseSolve or any lender;
You are solely responsible for verifying Output Content before presenting it to clients, and for any representations you make to clients based on Platform outputs;
Actual financing terms are subject to credit approval, lender policies, and applicable regulatory requirements; and
LeaseSolve is not a lender, broker (unless otherwise disclosed), or financial advisor, and nothing on the Platform constitutes financial, legal, or investment advice.

Estimates Only

All calculations, payment options, financing estimates, effective yields, internal rate of return calculations, amortization schedules, proposal content, customer presentations, follow-up workflows, and any other information generated by the Platform are estimates only.

LeaseSolve makes no representation or warranty that any calculation or output:

is mathematically accurate;
complies with the requirements of any lender;
reflects any lender’s pricing methodology;
reflects applicable taxes;
reflects accounting treatment;
reflects legal requirements;
reflects underwriting policies;
is suitable for any specific financing transaction.

Users must independently verify every calculation before relying upon it or communicating it to customers.

5No Reliance

No person should rely solely upon any information generated by LeaseSolve.

Users acknowledge that business decisions, financing recommendations, customer proposals, lending submissions, payment quotations, and other commercial decisions should always be independently reviewed using the user’s own professional judgment.

6. Follow-Up Workflows and Communications

The Platform may include automated follow-up workflow tools that allow you to send or schedule communications to your clients (“Workflow Features”). By using Workflow Features, you agree that:

You are solely responsible for the content of all communications sent through or facilitated by the Platform;
You will comply with all applicable anti-spam, electronic communication, and privacy laws (including Canada’s Anti-Spam Legislation (CASL) and, where applicable, the CAN-SPAM Act) when sending communications;
You have obtained any required consent from recipients prior to initiating automated communications; and
LeaseSolve is not responsible for any legal claims, regulatory penalties, or disputes arising from your use of Workflow Features.

7. Data and Privacy

7.1 Your Data

You retain ownership of all data you input into the Platform (“Your Data”). By submitting Your Data, you grant us a limited license to process and use it solely to provide and improve the Platform in accordance with our Privacy Policy.

7.2 Privacy Policy

Our collection, use, and disclosure of personal information is governed by our Privacy Policy, which is incorporated into these Terms by reference. Please review our Privacy Policy at [LeaseSolve.com/privacy].

7.3 Data Security

While LeaseSolve uses commercially reasonable administrative, technical, and organizational safeguards designed to protect information, no software platform, cloud provider, network, website, internet connection, database, or electronic communication system can guarantee complete security or confidentiality.

Users acknowledge that all information transmitted electronically carries inherent risks including unauthorized access, interception, corruption, loss, or disclosure.

Users should avoid storing confidential, highly sensitive, regulated, privileged, or unnecessary personal information within the Platform unless they are satisfied that such use complies with applicable law and their own internal security requirements.

7.4 Client Data

When you input personal information of your clients into the Platform, you represent that you have obtained all necessary consents and have the right to share such information with us for the purposes of using the Platform. You are the data controller in respect of your clients’ personal information; we act as a data processor on your behalf.

7.5 Customer Responsibility

Users remain solely responsible for:

verifying customer information;
reviewing proposals before sending them;
reviewing payment calculations;
reviewing financing assumptions;
reviewing customer communications;
ensuring proposal accuracy;
ensuring compliance with lender requirements.

LeaseSolve does not review or approve any proposal prior to distribution.

8. Intellectual Property

8.1 Platform IP

All intellectual property rights in the Platform, including its software, design, features, content (excluding Your Data and Output Content), trademarks, and trade names, are owned by or licensed to us. These Terms do not transfer any intellectual property rights to you.

All calculation methodologies, workflow processes, proposal layouts, software functionality, interfaces, source code, databases, algorithms, calculators, reports, customer presentation templates, follow-up workflows, and other components of the Platform constitute valuable proprietary information owned by LeaseSolve.

8.2 Feedback

If you provide suggestions, feedback, or ideas about the Platform (“Feedback”), you grant us a royalty-free, irrevocable, worldwide license to use that Feedback for any purpose, including improving the Platform, without obligation or compensation to you.

9. Fees and Subscription

9.1 Subscription Plans

Access to certain features of the Platform is subject to subscription fees as outlined on our pricing page at [LeaseSolve.com/pricing]. We reserve the right to modify our pricing with reasonable advance notice.

9.2 Payment

By subscribing, you authorize us to charge your designated payment method for the applicable subscription fees. All fees are in Canadian dollars unless otherwise specified and are non-refundable except as required by applicable law or as expressly stated in these Terms.

9.3 Suspension for Non-Payment

We reserve the right to suspend or terminate your account for failure to pay applicable fees. We will provide reasonable notice before suspension where practicable.

10. Disclaimers

TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, THE PLATFORM IS PROVIDED “AS IS”, “AS AVAILABLE”, AND “WITH ALL FAULTS”.

LEASESOLVE DOES NOT WARRANT THAT:

THE PLATFORM IS ERROR FREE;
THE PLATFORM WILL OPERATE WITHOUT INTERRUPTION;
CALCULATIONS ARE ACCURATE;
OUTPUTS ARE COMPLETE;
CUSTOMER PROPOSALS ARE FREE OF ERRORS;
THE PLATFORM WILL MEET YOUR REQUIREMENTS;
THE PLATFORM WILL REMAIN AVAILABLE AT ALL TIMES;
ANY BUGS OR DEFECTS WILL BE CORRECTED.

SOFTWARE MAY CONTAIN BUGS, DEFECTS, CALCULATION ERRORS, PROGRAMMING ERRORS, DATA ERRORS, ROUNDING DIFFERENCES, OMISSIONS, OR OTHER INACCURACIES.

USE OF THE PLATFORM IS ENTIRELY AT THE USER’S OWN RISK.

11. Limitation of Liability

TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, IN NO EVENT SHALL LEASESOLVE, ITS OFFICERS, DIRECTORS, EMPLOYEES, OR AFFILIATES BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES, INCLUDING LOSS OF PROFITS, REVENUE, DATA, GOODWILL, OR BUSINESS OPPORTUNITIES, ARISING OUT OF OR IN CONNECTION WITH YOUR USE OF OR INABILITY TO USE THE PLATFORM, EVEN IF WE HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.

WITHOUT LIMITING THE FOREGOING, LEASESOLVE SHALL NOT BE LIABLE FOR:

financing decisions;
lending decisions;
declined applications;
customer disputes;
proposal inaccuracies;
calculation errors;
amortization errors;
interest rate errors;
effective yield errors;
software defects;
workflow interruptions;
lost business opportunities;
lost profits;
lost financing transactions;
loss of customer relationships;
errors arising from user-entered information;
third-party integrations;
internet failures;
cloud outages;
cybersecurity incidents beyond LeaseSolve’s reasonable control.

TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, LEASESOLVE’S TOTAL AGGREGATE LIABILITY ARISING OUT OF OR RELATING TO THE PLATFORM, THE SERVICES, OR THESE TERMS SHALL NOT EXCEED THE TOTAL SUBSCRIPTION FEES ACTUALLY PAID BY YOU TO LEASESOLVE DURING THE TWELVE (12) MONTHS IMMEDIATELY PRECEDING THE EVENT GIVING RISE TO THE CLAIM.

IF YOU HAVE NOT PAID ANY SUBSCRIPTION FEES TO LEASESOLVE, LEASESOLVE’S TOTAL AGGREGATE LIABILITY SHALL NOT EXCEED TEN CANADIAN DOLLARS (CAD $10.00).

Some jurisdictions do not allow the exclusion or limitation of liability for consequential or incidental damages. In such jurisdictions, our liability is limited to the greatest extent permitted by law.

12. Indemnification

You agree to indemnify, defend, and hold harmless LeaseSolve and its officers, directors, employees, contractors, and agents from and against any claims, liabilities, damages, losses, penalties, or expenses (including reasonable legal fees) arising out of or relating to:

Your use of the Platform in violation of these Terms;
Any Output Content or communications you create or send using the Platform;
Your violation of any applicable law or regulation, including anti-spam or privacy laws; or
Any misrepresentation you make to a client based on Platform-generated content.

This indemnity includes claims arising from:

customer reliance upon proposals;
financing recommendations;
lender disputes;
privacy complaints;
regulatory investigations;
CASL complaints;
intellectual property claims relating to user content;
negligent or fraudulent use of the Platform;
violations of applicable laws by the user.

13. Term, Termination, and Suspension

13.1 Term

These Terms remain in effect for as long as you have an active account or continue to use the Platform.

13.2 Termination by You

You may terminate your account at any time by contacting us or through your account settings. Termination does not entitle you to a refund of prepaid fees except as required by law.

13.3 Termination by Us

We may suspend or terminate your access to the Platform at any time, with or without cause, upon notice to you. We may terminate immediately, without notice, if we reasonably believe you have materially violated these Terms.

13.4 Effect of Termination

Upon termination, your license to use the Platform ceases immediately. Provisions of these Terms that by their nature should survive termination (including limitations of liability, indemnification, intellectual property, and governing law) will survive.

14. Governing Law and Dispute Resolution

14.1 Governing Law

These Terms are governed by and construed in accordance with the laws of the Province of Ontario and the federal laws of Canada applicable therein, without regard to conflict of law principles.

14.2 Dispute Resolution

Any dispute, claim, or controversy arising out of or in connection with these Terms or your use of the Platform shall first be addressed through good-faith negotiation. If the parties are unable to resolve the dispute within thirty (30) days, either party may submit the dispute to binding arbitration administered by ADR Chambers or a mutually agreed arbitration body, conducted in Toronto, Ontario, in the English language.

14.3 Class Action Waiver

You agree that any dispute resolution proceedings will be conducted on an individual basis only. You waive any right to participate in a class action or representative proceeding.

15. Modifications to These Terms

We may modify these Terms at any time by posting the revised version on the Platform. We will provide at least fourteen (14) days’ advance notice of material changes via email or in-Platform notification. Your continued use of the Platform after the effective date of revised Terms constitutes your acceptance of the changes. If you do not agree to the changes, you must discontinue use and may terminate your account.

16. General Provisions

16.1 Entire Agreement

These Terms, together with our Privacy Policy and any applicable order forms or subscription agreements, constitute the entire agreement between you and LeaseSolve with respect to the Platform and supersede all prior agreements and understandings.

16.2 Severability

If any provision of these Terms is found to be unenforceable or invalid, that provision will be modified to the minimum extent necessary to make it enforceable, and the remaining provisions will continue in full force.

16.3 No Waiver

Our failure to enforce any provision of these Terms does not constitute a waiver of our right to enforce it in the future.

16.4 Assignment

You may not assign or transfer your rights or obligations under these Terms without our prior written consent. We may assign our rights and obligations without restriction, including in connection with a merger, acquisition, or sale of assets.

16.5 Force Majeure

We are not liable for any failure or delay in performance resulting from causes beyond our reasonable control, including internet outages, natural disasters, or acts of government.

16.6 Beta Features

Certain functionality may be designated as beta, preview, experimental, or early access.

Such features are provided solely for evaluation purposes and may contain additional defects, inaccuracies, interruptions, or incomplete functionality.

LeaseSolve may modify or discontinue beta features at any time without notice.

16.6 AI and Automated Features

The Platform may include automated calculations, workflow automation, recommendations, generated text, or artificial intelligence functionality.

Such outputs are generated automatically and should always be independently reviewed by the user before being relied upon or communicated to customers.

LeaseSolve makes no warranty regarding the accuracy or suitability of any automated output.

16.8 Survival

The following provisions survive termination:

Intellectual Property
Confidentiality
Privacy
Disclaimer of Warranties
Limitation of Liability
Indemnification
Governing Law
Dispute Resolution
Payment Obligations
Any provision which by its nature is intended to survive.

17. Contact Us

If you have any questions about these Terms or the Platform, please contact us at:

LeaseSolve.com

Email: [legal@leasesolve.com]

Mailing Address: Updating, please email for current mailing address