1. “Does Factoring Make Cents In Today’s Economy?” A Presentation to: the Professional Credit and Financial Association of Calgary Quality Hotel Airport and Conference Centre May 19 th, 2009 Judy Perdomo Solutions Provider Liquid Capital Rockyview Inc (403) 503-1233 Toll Free: 1-877-313-1233 jperdomo@liquidcapitalcorp.com www.lcrockyview.liquidcapitalcorp.com

2. Cash is King? “Money isn’t the most important thing in life, but it’s reasonably close to oxygen on the ‘gotta have it’ scale” …. Zig Ziglar

3. Does factoring make ‘cents’ in today’s economy? Advances up to $5MM range Solvent company with strong margins Principals of integrity Credit worthy commercial customers Current financing arrangements Confirm delivery and acceptance of goods and services

4. What I promised I’d talk about! From Babylon to 2009 What is factoring anyhow? How factoring compares to a bank loan Dispelling the myths Real company success stories What to look for in a factoring company Overview of Liquid Capital

5. A brief history 5,000 years ago in Babylon? The Roman experience Hudson’s Bay 1670? USA 1808 Canada 1925 A/R financing is used more than all types of business financing combined

6. Some statistics Total world factoring volume is over $1 Trillion per year Volume almost evenly split between recourse and non-recourse 4 leading markets in the world are: UK (100 cos) – US $280B, Italy (40 cos) - $131B, USA (200+ cos) - $106B, France (25 cos) - $105B

7. What is factoring anyhow? “A financing method in which a business owner sells accounts receivable at a discount to a third-party funding source to raise capital” (www.entrepreneur.com) Can be recourse: company producing invoice is liable for payment if not collected Or non-recourse: factor bears the risk

8. Factoring Process Flowchart

9. Apples & Oranges? How factoring compares to a bank loan Continuous supply of funds, no ceiling Turnaround time of application Creditworthiness of customers Repayment considerations Not debt financing Additional service offerings Funding linked to sales

10. Dispelling the myths Loan shark/Lender of last resort Collection Agency Alienation of customers Losing control over receivables Prohibitively expensive

11. Real company success stories Overnight Courier Oilfield Construction Pallet Company Trucking Temporary Staffing

12. Overnight Courier Started the search for financing in August 2007 with one year in business Payroll twice a month Invoice size $25 - $5,000 Customer base grown from 500 – 1,000 We assisted them in taking on two large contracts which doubled their sales overnight

13. Oilfield Construction Found me in late October 2006 Main customer went from paying at 60 days,,, to 90 30 days more to wait for cash Quadrupled sales Jan 2007 – Jan 2008 ($65K - $280K) Can plan based on weekly cash flow

14. Pallet Company Liquid Capital has factored for past 3 years Company grew sales from $0 to $3million Company recently acquired operating line from their bank By funding sales we enabled the company to exceed their growth targets

15. Trucking Started with 1 truck - monthly rev of $12k Expenses $9k per month Factoring provided working capital for expenses Today Company has 11 trucks – monthly rev $140k

16. Temporary Staffing Company provides temp accounting/admin staff Cash flow demand for payroll Factoring provides 85% advances on invoices Company started a year ago with 4 staff and today they have 16 staff – annual rev $675k

17. What to look for in a factoring company… Quality credit department Professional collection staff Customer service and support: local? Contract details Industry specialization Track record, code of conduct Going the extra mile…

18. Liquid Capital – a solid choice Liquid Capital Rockyview Inc is supported by Liquid Capital Corp $100MM + yearly volume Credit, collections and back office operations provided by Montcap Financial Montcap wholly owned subsidiary of Accord Financial

19. 19 Our affiliations Affiliated organizations: –International Franchise Association –International Factoring Association –Commercial Finance Association

20. Why Liquid Capital Rockyview? I am local! Strong client relationships Fast and flexible Professional background Proven track record Clients come for the cash and stay for the service

21. Questions? Thank you! Judy Perdomo Solutions Provider Liquid Capital Rockyview Inc (403) 503-1233 Toll Free: 1-877-313-1233 jperdomo@liquidcapitalcorp.com www.lcrockyview.liquidcapitalcorp.com