IMPORTANT: This disclaimer was drafted with AI assistance and should be reviewed by a licensed attorney before publication. This document does not constitute legal advice.

AI Services Disclaimer

Last updated: March 24, 2026 | Effective: March 24, 2026

FairlyFunded Inc. (“FairlyFunded”) uses artificial intelligence (“AI”) and machine learning technologies to power various features of the Platform (collectively, “AI Services”). This AI Services Disclaimer supplements and is incorporated into the FairlyFunded Terms of Service.

1. AI-Powered Features

The following Platform features utilize AI technology:

1.1 FairBooks (AI Bookkeeping)

FairBooks uses AI to categorize transactions, generate bookkeeping entries, and organize financial records based on documents and data you upload. FairBooks is an automated bookkeeping tool, NOT a certified accounting service. FairBooks outputs are not audited, reviewed, or compiled by a CPA and should not be treated as such. You are responsible for reviewing all FairBooks entries for accuracy and consulting a qualified CPA for tax preparation, financial reporting, and accounting decisions.

1.2 Business Health Score

The Business Health Score is an AI-generated aggregate indicator based on the financial and operational data available to the Platform. It is NOT a credit score, credit rating, financial audit, or comprehensive business analysis. The score may not account for all relevant factors affecting your business's health or value. Do not make financial, lending, or investment decisions based solely on a Business Health Score.

1.3 Business Valuations

AI-generated business valuations are automated estimates based on limited data inputs and algorithmic models. They are NOT professional appraisals, fairness opinions, or certified business valuations. Actual business values may differ significantly from AI-generated estimates. AI valuations do not account for all factors a qualified business valuator would consider, including market conditions, intangible assets, customer relationships, competitive landscape, regulatory risks, and other qualitative factors. Always engage a qualified business valuator for transactions, litigation, tax reporting, or other purposes requiring an accurate valuation.

1.4 Faith AI Assistant

Faith is FairlyFunded's AI-powered assistant that communicates with you via chat, SMS, email, and voice. Faith provides general information about funding options, Platform features, and business topics. Faith is NOT a licensed financial advisor, attorney, CPA, or other professional. Faith's responses are generated by AI and may contain inaccuracies, errors, or incomplete information. You should not rely on Faith's responses as professional advice.

1.5 Lending Partner Matching

AI algorithms may be used to match your business with potential Lending Partners based on the information you provide. Matching is based on automated analysis and does not guarantee suitability, approval, or favorable terms. FairlyFunded does not make credit decisions or guarantee any matching outcome.

2. AI Limitations and Risks

You acknowledge and understand that:

• AI may produce errors: AI-generated outputs may contain inaccuracies, errors, omissions, hallucinations (plausible-sounding but incorrect information), or outdated information. AI models are not infallible
• AI is not a professional: AI Services do not replace the judgment, expertise, or professional responsibility of licensed CPAs, attorneys, financial advisors, business valuators, or other qualified professionals
• Outputs depend on inputs: the quality and accuracy of AI outputs depend on the quality, accuracy, and completeness of the data you provide. Inaccurate or incomplete inputs will produce unreliable outputs
• AI does not understand context fully: AI models may not account for unique circumstances, regulatory requirements, industry-specific rules, or other contextual factors relevant to your situation
• AI outputs are not personalized advice: even when AI outputs reference your specific data, they are automated analyses, not tailored professional advice
• AI models may change: the AI models powering the Platform may be updated, changed, or replaced at any time, which may affect the consistency of outputs
• No guarantee of availability: AI Services may be temporarily unavailable due to maintenance, updates, outages, or technical issues

3. Your Responsibilities

By using AI Services, you agree that:

• You are solely responsible for verifying all AI-generated outputs before using them for any purpose, including financial reporting, tax filing, business decisions, or transactions
• You will consult qualified professionals (CPAs, attorneys, financial advisors) for matters requiring professional judgment
• You will not hold FairlyFunded liable for any loss, damage, or adverse outcome resulting from reliance on AI-generated outputs
• You will provide accurate and complete data to the Platform, understanding that AI output quality depends on input quality
• You understand that FairBooks entries may need to be reviewed and adjusted by a qualified accountant before use in tax returns or financial statements

4. Voice and Chat Recording Consent

Voice calls and chat interactions with the Faith AI assistant may be recorded, transcribed, and stored for the following purposes:

• Providing and improving the Platform services
• Quality assurance and training of AI models
• Compliance with legal and regulatory requirements
• Dispute resolution and fraud prevention
• Maintaining records of communications as required by applicable law

By using the Faith voice or chat features, you consent to such recording, transcription, and storage. If you do not consent, do not use the voice or chat features. Recordings will be retained in accordance with our Privacy Policy.

Where applicable law requires two-party consent for recording, your use of voice features after being informed of recording constitutes your consent. Faith will also provide a verbal notice of recording at the beginning of voice interactions.

5. Data Use for AI Training

FairlyFunded may use anonymized and aggregated data derived from your use of AI Services to improve AI models and Platform features. Individually identifiable data is not used for AI training without your explicit consent. You may opt out of anonymized data use for AI training by contacting privacy@fairlyfunded.com, though this may limit certain AI features.

6. Limitation of Liability for AI Services

TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, FAIRLYFUNDED SHALL NOT BE LIABLE FOR ANY LOSS, DAMAGE, COST, EXPENSE, OR OTHER HARM ARISING FROM OR RELATED TO: (A) ANY AI-GENERATED OUTPUT, INCLUDING BOOKKEEPING ENTRIES, HEALTH SCORES, VALUATIONS, RECOMMENDATIONS, OR CONVERSATIONAL RESPONSES; (B) ANY ERROR, INACCURACY, OR OMISSION IN AI-GENERATED OUTPUTS; (C) ANY DECISION YOU MAKE BASED ON AI-GENERATED OUTPUTS; (D) ANY TAX PENALTY, ACCOUNTING ERROR, OR FINANCIAL LOSS RESULTING FROM RELIANCE ON FAIRBOOKS OR OTHER AI SERVICES; OR (E) ANY FAILURE OR UNAVAILABILITY OF AI SERVICES. THE LIMITATION OF LIABILITY PROVISIONS IN THE TERMS OF SERVICE APPLY IN FULL TO AI SERVICES.

7. Third-Party AI Providers

FairlyFunded's AI Services are built using third-party AI models and infrastructure. FairlyFunded does not control the underlying AI models and is not responsible for their outputs, biases, limitations, or errors. Third-party AI providers process data on our behalf under contractual obligations, but FairlyFunded does not guarantee the security, accuracy, or reliability of third-party AI systems.

FairlyFunded is operated by FairlyFunded Inc. FairlyFunded is a referral platform, not a lender. All credit decisions are made by independent lending partners.