1. OPPORTUNITIES IN BPO FOR ACCOUNTING AND FINANCIAL SERVICES IN THE PHILIPPINES

2. BUSINESS SUPPORT SERVICES IN THE PHILIPPINES Slide 2/13  Provides its clients with world class and efficient back office services.  Can perform specialized functions in:  Accounting and Finance  Accounts Receivable Management  Legal  Operations  Easy to source staff composed of English speaking Philippine-licensed CPAs and highly skilled professionals in various fields.  Experienced  Tech Competent  Well Rounded

3. ACCOUNTING AND FINANCE Slide 3/13  Built a highly scalable organization capable of providing state-of-the-art financial reporting  24/7 operation run by US based senior professionals, supported by Manila based financial accountants licensed and trained in US GAAP

4. Slide 4/13  Preparation of daily dashboard  Preparation of daily borrowing base certificates and advances  Daily posting of lockbox payments including wires and ACHs  Daily bank statements reconciliation  Preparation of weekly and monthly forecasts  Preparation of monthly board reports  Monthly/yearly preparation and analysis of Financial Statements of our clients and their customers  Monthly/quarterly preparation of Compliance Reports  Monthly account reconciliation to the general ledger  Complete analysis of monthly interest statements and fees

5. Slide 5/13  Conduct and review pre-funding due diligence for prospective clients  Conduct post-closing UCC searches  Review of existing loan and security agreements  Prepare amendments to the existing loan and security agreement

6. Philippines Overview

7.  VFP BSSI leverages its Philippine office to provide efficient BPO services;  One of the largest BPO/KPO outsource economies in the world;  770,000 full-time employees in back office Knowledge Process Outsourcing (KPO);  Very high level of English proficiency as primary language;  Most culturally compatible country with the United States;  Extremely high literacy rate of 93.4%;  Robust and secure technology infrastructure THE PHILIPPINES AS BPO/KPO GLOBAL LEADER Slide 7/13

8. CAPABILITIES OF PHILIPPINES KPO: OVERVIEW Slide 8/13 Source: Business Processing Association Philippines (BPAP)

9. WHY THE PHILIPPINES? ADVANTAGES AND OPPORTUNITIES Slide 9/13  USD is anticipated to appreciate further against the PHP  Manila will remain as the cheapest capital city to set up an office in the Asia Pacific region.  Manila is approximately 3 hours flight away from any major city in Southeast Asia  Locational strategy is shifting from cost to capability  Organizations will look closely at the capability profiles in certain locations, matching skills to work, source and invest in senior talent in areas they view as key talent pool.  The emergence of Manila as non-stop, 24-hour city is mainly due to the growth of the BPO sector.

10. WHY CHOOSE THE PHILIPPINE BPO INDUSTRY? Slide 10/13

11. FOUNDATIONS OF THE PHILIPPINE SUCCESS Slide 11/13

12. Tony Razon Chief Executive Officer W: (818) 660-2511 M: (818) 915-1426 E: trazon@vfpbssi.com