Microfinancial Inc.

Protecting the Confidentiality of Nonpublic Personal Financial Information
MicroFinancial Inc. and its subsidiaries, Leasecomm Corp. and TimePayment Corp. (collectively referred to as "we", "us", or "our"), take your privacy seriously. Please read the following statement to learn more about our privacy policy. This Statement discloses the information gathering and dissemination practices for each of our businesses and our website. This policy applies to all consumers who seek, and all customers who utilize our financial services primarily for personal, family, or household purposes. This policy does not apply to the practices of any companies other than MicroFinancial Inc. and its subsidiaries.

Security
We protect the information that we maintain by employing industry standard security procedures to minimize the risk that information will be subject to unauthorized access, alteration, or destruction. For example, we operate secure data networks protected by secured socket layers, a firewall and password protection systems. In addition, we utilize various physical security measures, such as: cipher locks on all computer room doors and key card access to all buildings. Only authorized employees and the representatives of authorized vendors who need that information to do their jobs, have access to the nonpublic personal financial information that we maintain. In those cases, the information provided is strictly limited and job specific.

Collection and Use of Information
We collect certain information from visitors to our websites. Examples of such information include the total number of visitors, time of day, referring pages, IP address, domain name, browser version and page flow throughout the visit. The information is tracked and presented in aggregate numbers so that we can analyze how and when the site is accessed. This guides us on how to improve navigation, content, features and functions. We also collect nonpublic personal financial information on contact forms, vendor applications and lease applications. This information is collected and maintained for appropriate business reasons. For example, it may be used to make an appropriate response or to make credit decisions. Examples of the categories of nonpublic personally identifiable financial information that we maintain concerning your transactions with us, information contained on your application or on other forms submitted by you, and information received from credit reporting agencies, include:

Social Security Numbers
Gross income figures
Information on checking accounts
Credit and payment history
Whether you own or rent your residence and the length of time that you have resided at your current address
The name of your employer, together with that employer’s telephone number and the length of time that you have been employed with that employer

We may share your information with our affiliated companies as permitted by applicable law.

Sharing of Information with Third Parties
We may disclose non-public personal information to third parties in the following ways:

To law enforcement officials, as permitted or required by law
To credit reporting agencies to fulfill credit reporting requirements
To third-party service providers who provide services to us (including collecting invoices)
To auditors, for regular auditing or merger and acquisition purposes
To our financing sources for financing purposes, such as asset-based financing transactions
To potential buyers in connection with the sale, securitization, or similar transaction involving one or more customer accounts
To respond to subpoenas, court orders or legal process
To investigate, prevent, or take action regarding illegal activities, suspected fraud, situations involving potential threats to the physical safety of a person, violations of our terms of use, or as otherwise required by law.

We may transfer information about you if we are acquired by or merged with another company. At this time, we do not sell or disclose any of our consumers, customers’ or former customers’ nonpublic personal information, to third parties for any reason, other than those described above.

Cookies
We may set and use cookies on your computer for a variety of purposes, some of which are to make our site navigation quicker and more convenient for you and to analyze page flow and usage. Enabling cookies on your computer is required to use TimePayment Direct. This will allow you to use the full range of features of the TimePayment Direct website. These cookies are session specific and expire at the end of your session.

Notification of Changes to this Policy
We reserve the right to amend, alter, or change this policy. In the event of such a change, we will notify our customers and former customers of the changes as required by law and post the revised policy on our website.

Authorization and Consent to Use Information
By providing information to us, you authorize and consent to our use of such information in accordance with this Privacy Statement.
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Corporate Headquarters: 16 New England Executive Park, Suite 200, Burlington, MA 01803 (781)994-4800