Commercial Financing Disclosure and Acknowledgment

Business Name: ___________________________________

Date: ___________________________________________

Facility Number: _________________________________

This disclosure is provided in connection with a proposed commercial revolving line of credit offered by Care Cash Global (“CCG”).

The information contained herein is intended to summarize certain key financial terms of the proposed financing transaction.

Actual terms may vary based upon underwriting, collateral evaluation, draw activity, payment history, and other factors.

This disclosure is not a commitment to extend credit.

Maximum Credit Facility: $ ________________________

Facility Type: ☐ Revolving Commercial Line of Credit

Initial Term: 90 Days

Renewal: Subject solely to CCG approval and execution of renewal documentation.

Purpose: Commercial business purposes only.

The Credit Facility is secured by:

• ☐ Accounts Receivable
• ☐ Proceeds of Accounts Receivable
• ☐ Contract Rights
• ☐ Payment Intangibles
• ☐ Controlled Account
• ☐ Personal Guaranty (if applicable)
• ☐ Other: ________________________

Maximum Credit Limit: $ ________________________

Actual availability may be limited by:

• Borrowing Base calculations
• Collateral value
• Concentration limits
• Ineligible Receivables
• Existing outstanding balances

Maximum Advance Rate: 75% of Eligible Accounts Receivable

Payment Frequency: ☐ Bi-Weekly ACH

Payment amounts may vary based upon:

• Outstanding principal
• Interest accrual
• Draw activity
• Fees
• Reconciliations

Contract Rate: __________ % per annum

or as otherwise disclosed in the applicable Credit Approval Notice.

Upon default: Contract Rate + 10% or the maximum rate permitted by law, whichever is less.

The following fees may apply:

• ☐ Origination Fee
• ☐ Administrative Fee
• ☐ ACH Return Fee
• ☐ Late Payment Fee
• ☐ UCC Filing Fee
• ☐ Collection Costs
• ☐ Attorneys’ Fees
• ☐ Other Fees Disclosed Separately

Actual fees shall be disclosed in the applicable Credit Approval Notice.

Borrower may prepay all or part of the Obligations at any time without prepayment penalty.

The actual cost of capital may vary based upon:

• Draw amounts
• Timing of draws
• Repayment activity
• Renewal activity
• Payment performance

Borrower acknowledges that revolving credit products involve variable utilization and therefore actual financing costs may differ from estimates.

Borrower acknowledges that:

• Borrower has received this disclosure before entering into the transaction.
• Borrower has had the opportunity to review all financing terms.
• Borrower understands that actual financing costs may vary based upon utilization of the revolving facility.
• Borrower understands that Accounts Receivable pledged as collateral secure the Credit Facility.
• Borrower understands that CCG may file UCC Financing Statements relating to the collateral.
• Borrower understands that CCG may require a Personal Guaranty in accordance with underwriting requirements.