ATTENTION BANKERS! SEND US YOUR DECLINES!

BeneFactor values its relationships with bankers. BeneFactor does not compete with banks in any way; 100% of our business is factoring. In fact, as a banker, you will receive the following major benefits from referring declined loan applicants to Benefactor:

• You will establish and/or preserve the deposit and general banking relationship with the referred client;
• You will be able to take back the referred client when such client meets your lending criteria;
• You will compete more effectively with certain of your bank competitors that have factoring divisions;
• You will be able to offer a new product to customers without the hard work of building your own factoring business (see also the information on Servicing Programs below);
• You will receive top dollar commissions for referrals;
• Most importantly, you will have helped the referred client at its time of greatest need, and you will gain a long-term customer.

BeneFactor can fund virtually any business with creditworthy commercial accounts receivable and owners that display integrity. For example, BeneFactor funds the following types of businesses that don't meet your criteria:

• start-ups/newer businesses
• businesses with cash flow issues
• businesses with limited or even negative net worths
• businesses with tax problems (with appropriate IRS subordinations)
• businesses that can't meet financial and leverage covenants
  

In addition, BeneFactor will often work side by side with a bank, when the bank has a loan to a business that no longer meets the bank's criteria, such as a business with decreasing or negative earnings and/or negative cash flow, or a business that hasn't met the bank's expectations. BeneFactor may also provide short-term funding to your loan customers when the customer is growing rapidly or has new opportunities and orders that you do not feel comfortable funding. Regardless, you will preserve your lending and deposit relationships with the customer.

WE ALSO OFFER SERVICING PROGRAMS!

BeneFactor's loss experience has been less than .05% of receivables purchased since inception, an extraordinary track record. BeneFactor is now offering its factoring expertise and its superior systems and procedures to banks through servicing programs.

BeneFactor is offering banks two servicing options: (i) back-office servicing, whereby BeneFactor provides all operational and administrative services, and the bank provides the funds; and (ii) a participation arrangement, pursuant to which BeneFactor provides all operational and administrative services and a set percentage of the required funds, and BeneFactor will bear the same percentage of any losses.

With BeneFactor's servicing programs, you will save the cost of hiring people for a factoring division. BeneFactor's programs will also save you money compared to programs offered by competitors: BeneFactor's programs do not involve the purchase of software and do not require any up-front fees, and BeneFactor does all of the administrative work, and therefore the bank does not need to devote any resources to such administration. BeneFactor's servicing programs are also less expensive than those offered by our competitors.

With our eBenefactor services, you and your clients will be able to submit invoices to us electronically, and to view account information for such clients on-line.

With BeneFactor's servicing programs, you will turn rejected loan applicants into a source of profit for your bank.

For information on BeneFactor's servicing programs, please click here or call Mike Stanki, toll free, at (888) 474-3863, or (303) 333-6111, extension 27.