ACCOUNTS RECEIVABLE FUNDING PROGRAM

1. Overview

The Accounts Receivable Funding Program by The B/A Group LLC (BA), provides funds to a Company that has sold a product to a Buyer, with payment pending. Funds are provided when the Buyer accepts the product and is invoiced by the Company. The invoice is then assigned to a designated Funds Provider by BA.

2. Funding & Pricing

a. Funding

• • • Minimum Funding: $100,000
    • Maximum Funding: Unlimited
    • Funding Amount: A percentage of the invoiced amount, based on the selected pricing option.

b. Standard Pricing Option

• • • Discount Based on Invoice Payment Due Date:
      • Up to 30 days: 2.75% of the invoiced amount
      • Up to 45 days: 3.75% of the invoiced amount
      • Up to 60 days: 5.5% of the invoiced amount
      • More than 60 days: 8.25% of the invoiced amount
    • Net Funded Amount: Funded amount minus the discount.

c. Daily Pricing Option

• • • Daily Rate: 0.09% of the funded amount
    • Funding: 80% of the assigned invoice amount
    • Balance Remittance: Upon payment, the Funds Provider remits the remaining balance after deducting repayment of the funded amount and interest due.

3. Repayment Details

a. Payment Remittance

• • • Buyer remits payment for the invoiced product to the designated Funds Provider.

b. Repayment Obligation

• • • The Company remains obligated to repay the Funds Provider until the invoiced amount is fully paid to the designated Funds Provider.

4. Key Elements

a. Pricing Options

• • • No additional fees or charges.

b. Funding Availability

• • • Unlimited.

c. Automated Invoice Processing

• • • Ensures 24-hour funding.

d. Flexibility

• • • Options for funding invoices and selecting the pricing option per customer.