W WALDORF GROWTH PARTNERS

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1 ALDORF GROTH PARTNERS S U S TA I N I N G G R O T H THROUGH A C C O U N T S R E C E I V A B L E INSURANCE.

2 hat Is Accounts Receivable Insurance? Accounts Receivable Insurance protects a company s accounts receivable from non-payment or late payment from domestic and international buyers. Companies extend credit to businesses when they provide products or render services. These accounts receivable are generally one of the largest assets of small businesses and are frequently uninsured. Just as companies insure their buildings and equipment now they can also insure their receivables. Insuring receivables provides business growth by potentially expanding credit terms with customers so a company can grow its customer base without the risk of default. Now companies can insure their receivables to grow their business safely with aldorf Growth Partners.

3 Cultivating Business Growth. ho benefits from ARI? B2B companies looking to increase their advance rate on operating lines of credit to 70%-90% of receivables Businesses looking to do more business on open account terms Companies looking for first time loans Small and Medium Enterprises (SMEs) in the U.S. with annual revenues of $250,000 and above Companies exporting or seeking to export for first time Companies seeking to lower the risk of bad debt write-offs due to customer defaults Our Accounts Receivable Insurance covers two primary areas of risk: 1) Commercial Risk including: Insolvency of your customers Chapter 7,11 or equivalent in country of domicile Protracted default Continued delinquency/inability to pay 2) Political Risk including: Currency Inconvertibility Exchange Transfer Risk Import/Export Embargo License Cancellation Accounts Receivable Insurance provides valuable protection-but more importantly it is a policy to grow a company s business.

4 A Growth Plan To Harvest More Profits. Accounts Receivable Insurance allows businesses that operate on open account terms to improve the ability to borrow and increase working capital at better rates. Additional benefits include: Current ineligible receivables may also be included when determining advance rates. Opens the opportunity to borrow for businesses that previously had not obtained loans or financing. Increase sales to existing customers by offering more competitive terms. Gain new international customers by offering open account terms. Accounts Receivable Insurance can lower the overall cost of financing when paired with either commercial loans or portfolio factoring. Lowering the risk of bad debt write-offs due to customer defaults. INSURE RECEIVABLES. EXPAND YOUR BUSINESS.

5 An Example Of Potential Profit Increase ith Accounts Receivable Insurance. ARI Profit Potential. Annual Revenue Accounts Receivable Eligible Receivables Ineligible Receivables Advance Rate Financed Capital Potential Increased Sales Increased Gross Margin Expenditure for ARI Expenditure for Bank Interest Increased Net Profit ithout ARI The more inventory turns you do, the greater the profit potential. ith ARI $8,000,000 $8,000,000 $1,000,000 $1,000,000 $900,000 $1,000,000 $100,000 $0 60% 90% $540,000 $900,000 $360,000 $108,000 $32,000 $21,500 $53,500 Financed capital is increased due to a higher overall advance rate of 90% on all receivables. A representative figure equal to increased capital has been used for illustrative purposes. On our website you may insert any potential sales figure to calculate the cost/benefit under a number of scenarios. Cost of ARI premium in this example is $32,000. Bank Interest on additional Financed Capital of $360,000 is $21,500 assuming a 5.0% interest rate. ROI on combined ARI Premium and Bank Interest expenditure of $53,500 is 102%.

6 hat Makes Us Different. aldorf Growth Partners understands the challenges and opportunities of the Small and Medium Enterprise market. e focus only on this segment of North American businesses and have developed our Accounts Receivable Insurance product with this sector in mind. The 3 key areas that make our program unique are: 1) Our Accounts Receivable Insurance policies are available exclusively to Small and Medium companies from $250,000 in annual sales that are seeking increased working capital and/or protection against customer non-payment. 2) Our policies offer non-cancelable buyer limits for the term of policy. 3) Easy online application and real time quotes at aldorfgrowthpartners.com. A no-obligation quote can be locked in for up to 45 days from the date of application.

7 Our Polices Are Structured For Growth. aldorf Growth Partners policies are standardized and simple, which makes it quick and easy for lenders to make decisions. The collateral benefit for lenders is also easy to analyze due to the standardization of the base policy. Lenders are primarily focused on two key components: 1) Covered Buyers Insured Scheduled Buyers - these are the top covered buyers showing exact coverage amounts for each Insured Non-Scheduled Buyers - this is a pool of all other non-top buyers who are covered by a discretionary limit 2) Specifically Excluded Buyers - these are buyers not covered by the Accounts Receivable Insurance Policy INSURE RECEIVABLES. EXPAND YOUR BUSINESS.

8 How Do I Apply? ho issues the Policy? Go to aldorfgrowthpartners.com & click on the Apply Online page. How quickly is a quote processed? aldorf Growth Partners policies are issued by a Fortune 100 American insurer. e are proud to be the only broker in the U.S offering Accounts Receivable Insurance exclusively to the Small and Medium Enterprise Market. Quotes are provided in real time and a copy of the quote is sent to the applicant and its agent. Security Statement. SSL Certificate. SSL (Secure Sockets Layer) Certificates are a security standard used to create an Once a quote is received, are you obligated to buy? No. There is no obligation to purchase the policy. Quotes are fully bindable for up to 45 days. If you re working with a lender, you can review your policy and coverage with your banking representative to encrypted connection between your Internet browser and our web servers. aldorf Growth Partners employs a 256-bit encryption layer to ensure that all data passed to our platform remains private and undecipherable to all parties except our application. This protects your financial data from malicious hackers and identity thieves. determine your increase in advance rate. hen does a quote become a policy? Policies only becomes effective upon payment of premium. Coverage is provided on a surplus lines basis. Surplus lines insurers do not generally participate in state guaranty funds and insureds are therefore not protected by such funds. This literature is a summary only and does not include all terms, conditions, or exclusions of the coverage described. Please refer to the actual policy issued for complete details of coverage and exclusions. Coverage may not be available in all jurisdictions.

9 ALDORF GROTH PARTNERS aldorf Growth Partners specialists are available to answer any questions you may have Mon-Fri 8am 6pm EST. Phone: aldorf Growth Partners 1 Landmark Square, 6th Floor Stamford, CT Apply online at aldorfgrowthpartners.com for a free quote. aldorf Growth Partners is a trade name for TR Underwriting Managers, LLC a Delaware limited liability company and a subsidiary of aldorf Trade Risk, LLC. TR Underwriting Managers, LLC specializes in underwriting management and other services for insurance products distributed through agents and brokers. Some products may only be available in certain states and some products may only be available from surplus lines insurers. In California TR Insurance Services, LLC license #0I88644.