Terms of Service
Effective June 15, 2026
These Terms of Service (“Terms”) govern your access to and use of the Velocity factoring-agent portal (the “Service”) provided by [Company legal name]. By using the Service you agree to these Terms.
Accounts & eligibility
Accounts are provisioned by an organization administrator or via invitation. You are responsible for the activity under your account and for keeping your credentials confidential. You must be authorized to act on behalf of your organization.
Acceptable use
- Do not access data belonging to organizations you are not authorized to view.
- Do not attempt to circumvent security, tenancy, or access controls.
- Do not misuse the Service to violate any law or third-party right.
Customer data
Your organization retains ownership of the data it submits or syncs to the Service. You grant us the rights necessary to host and process that data to provide the Service. We process data in accordance with our Privacy Policy.
Service availability
We work to keep the Service available and reliable but do not guarantee uninterrupted access. We may modify, suspend, or discontinue features with reasonable notice.
Disclaimers
The Service is provided “as is” without warranties of any kind. Commission figures and reports are derived from synced source data and are provided for operational convenience; they are not a substitute for your factoring system of record or professional accounting advice.
Limitation of liability
To the maximum extent permitted by law, [Company legal name] will not be liable for indirect, incidental, or consequential damages, or for any loss arising from reliance on figures displayed in the Service. [Confirm liability cap and exclusions with counsel.]
Termination
You may stop using the Service at any time. We may suspend or terminate access for violation of these Terms. Financial and audit records are retained as described in the Privacy Policy and as required by law.
Governing law
These Terms are governed by the laws of [state / jurisdiction], without regard to conflict-of-laws rules.
Changes
We may update these Terms; material changes will be communicated through the Service or by email, and the effective date above will be revised. Continued use constitutes acceptance.