FIRST FUNDS, LLC.An Introduction

AN OVERVIEW

We offer cash advances to small and mid-size merchants

We buy a percentage of the merchant’s futureVisa/MC/AMEX/Discover receipts

The average advance is $20,000 and average term is six to seven months. Payback is deducted from daily receipts automatically

Merchant does not personally guarantee repayment. He/she DOES guarantee compliance with representations and warranties.

THE NUMBERS

Merchant’s average monthly Visa/MC/AMEX/Discover receipts = $10,000

$10,000 X 125% = $12,500

Advance = $12,500 payback = $16,875

Payback = 1.35 X advance

Merchant receives cash today equal to 74% of the future receipts sold

25% of daily Visa/MC/AMEX/Discover receipts deducted until $16,875 collected (approx. 7 months)

TARGET MARKET

Restaurant/tavern

Small retailers

Cannot qualify for bank financing

Time constraints

Every merchant

REASONS FOR CASH ADVANCE

Expansion

Equipment purchase

Inventory purchase

Down payment

Acquisition

Buyout

Short term cash flow shortfall

MERCHANT ADVANTAGES

Merchant can receive up to $1,O00,000

No personal guarantee required on repayment

No reporting to credit bureaus

Payback based on timing of Visa/MC/AMEX/Discover receipts

Automatic payback

No fees or penalty for extended payback period

A/B credit not required

Financials/tax returns not required

MERCHANT REQUIRMENTS

Twelve (12) months in business

Minimum $3,500 per month in Visa/MC/AMEX/Discover

First Funds application

Four months processing statements

First Funds Merchant Agreement

Voided check

DOCUMENTS

COMMISSIONS

On Initial Merchant Agreements 7.5% of the payback amount, UP FRONT

On Repeat Merchant Agreements 4.5% of the payback amount, UP FRONT