The transformation of Alternative Financing and its move to the mainstream

Jim FinkDirector of Strategic Partnerships

RapidAdvance

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Alternative Financing

Where is the industry?

Smart Money

Wall Street

Traditional lenders

Growth

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What We Do

RapidAdvance supports

acquirers, ISOs/MSPs and their small business customers by providing convenient, and frictionless financing solutions.

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Company Highlights

Founded in 2005 - headquarters Bethesda, MD

Acquired in 2013 by Rockbridge Growth Equity, LLC Rapid is part of the Rock Ventures family of companies.

Unique access to best practices, technology and resources

BBB accredited and A+ rating

National Small Business Association endorsed

Heavy focus on lower middle market and small business owners

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How We’re Doing

$700 million funded to date

Financed 31,000 loansfor small businesses

Average customer completes 3 transactions over 1.5 years

75% of those eligible choose to renew with

RapidAdvance

Marketing at work for you: Over $2 million in 2014 invested in national advertising

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National Broadcast Media

TVRadio

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Customer Profile – By Industry

39%

27%

10%

9%

5%

5%

3% 2%

Restaurants

Retail

Personal Services

Miscellaneous Services

Health Services

Construction and Contractors

Business Services

Transportation Services

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Top 10 States

CATXFLNYPAILOHGANJMINC

11.23%9.17%7.95%6.79%4.02%3.90%3.55%3.26%2.95%2.85%2.83%

West

23%Midwest

18%South

39%Northeast

20%

Customer Landscape

Typical Customer Challenges

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Unexpected opportunity

Cash flow timing

Expansion or growth

Inventory build-up

Customer has immediate funding needs:

• Timing is everything – usually need turnaround within 7 days

• Majority of applicants want < 100K

• Minimal paperwork desired

• Last few years have left them discouraged about getting credit

• Harvard Business School Report notes small business loans on bank balance sheets are down 20% since the financial crisis

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RapidAdvance Product Overview

SBA Bridge Loan

• Meet short-term funding needs during bank and SBA approval processes

• Eliminate obstacles to expedite SBA approval

• Pay tax and other past-due obligations

Lines of Credit

• Offers flexibility in funding amount and duration

• Draw funds only when needed

• Flexible repayment terms

Up to $500,000.

Decisions within 48 hours.

MultipleSolutions.

Flexible terms.

Small Business Loan

• Perfect for businesses looking for a traditional loan – and need it now

• Short-term payback – up to 12 months

• Automatic daily payments and easy to renew

Business Cash Advance

• Innovative, unsecured financing for businesses that accept credit cards

• Repayment from future credit card receipts

• No need to switch processors

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Benefits for the Agents

Retain merchant’s processing account

Earn substantial income upfront

Cross-sell opportunity

Gain advantage with additional products

Acquire more customers

Become a trusted advisor

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Advantages of the RapidAdvance

EASY FAST RESPONSIBLE AVAILABLE

Receive capital in 3 days!

Higher approval rates than banks

Dedicated Senior Account Executives

Credit card/revenue based financing

Multiple product offerings

Unsecured capital

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Please type them into the chat/questions box or

reach out to us after the call.

Jim Fink

240.233.4092

jfink@rapidadvance.com