Portfolio BUYER

LOI - CardConnect - LOI

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Portfolio Overview

• Monthly Net Residual Earnings (avg over last 12 months): $96,000

• Number of Active Merchants: 180

• Number of Merchants in Top 25% of Accounts: 30

• Types of Businesses Served: Heating Oil, B2B, Business to Govt, Medical, Dental

• Where are Your Merchants Located? USA, 50% Tri-state New York area, 50% nationwide

• Age of Portfolio (years): 10+years

• Attrition YTD (lost income): less than 5%

• Percentage of Retail vs. CNP Merchants: 50/50

• Percentage of Merchants on Cash Discount Program: 10%

• What Percentage of Merchants Lease Equipment? 0%

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Processing & Technology

• Processor(s) With Agreements: CardConnect, Newtek

• Split With Processor: 80%

• Direct With Processor, or Agent of ISO? Direct

• Gateway Provider(s): CardPointe

• POS Integrations: none

• Merchant Contracts (standard terms, length, etc.): yes

• Early Termination Fee: none

• Typical Merchant Pricing: Interchange Plus and ERR

• Gift Card or Cash Advance Program in Place? less than 10%

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Contractual & Financial

• Time Left on Key Contracts: N/A

• Has Processor Waived Right of First Refusal? N/A

• Are There Any Existing Liabilities or Accounts Payable? NO

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Sales & Operations

• How Many Agents (not including yourself)? 1

• Willing to Sign Up as Agent of Buyer? No

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Transaction Details

• Why Are You Selling? focusing on other ventures

• Are You Getting Out of the Industry? No

• Selling All or Portion of Residual? If Portion, How Much? All

• Willing to Provide Transition Assistance Post-Sale? If yes, for how long? 12 months

• Willing to provide attrition offset production to maintain low attrition for the term of the earnout. 

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Additional Information

PortfolioBuyer.com will be representing the Buy side on this sale. Buyer will pay us success fee. 

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LOI - First American Payment Systems - LOI

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Portfolio Overview

• Monthly Net Residual Earnings (avg over last 12 months): $63,000

• Number of Active Merchants: 450

• Number of Merchants in Top 25% of Accounts: No one merchant makes up large part of portfolio

• Types of Businesses Served: Brick & Mortar, Automotive, Various

• Where are Your Merchants Located? Southern California primarily but elsewhere as well

• Age of Portfolio (years): 15 years

• Attrition YTD (lost income): about 1 percent a month

• Percentage of Retail vs. CNP Merchants: 90% retail

• Percentage of Merchants on Cash Discount Program? about 10%

• What Percentage of Merchants Lease Equipment? 0

• Average Number of New Accounts Added Per Month: 5

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Processing & Technology

• Processor(s) With Agreements: FAPS

• Split With Processor: We get 100% over cost

• Direct With Processor, or Agent of ISO? Direct

• Gateway Provider(s): Auth Net and First American Gateway

• POS Integrations: No

• Merchant Contracts (standard terms, length, etc.): renews

• Early Termination Fee: $350

• Typical Merchant Pricing: Billback, Interchange Plus and Flat Rate

• Gift Card or Cash Advance Program in Place? No

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Contractual & Financial

• Time Left on Key Contracts: n/a

• Has Processor Waived Right of First Refusal? Not yet

• Are There Any Existing Liabilities or Accounts Payable? No 

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Sales & Operations

• How Many Agents (not including yourself)? Four (bought out at close) 

• Willing to Sign Up as Agent of Buyer? Probably Not

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Transaction Details

• Why Are You Selling? Raise Capital

• Are You Getting Out of the Industry? Not completely

• Selling All or Portion of Residual? If Portion, How Much? Yes

• Willing to Provide Transition Assistance Post-Sale? If yes, for how long? Yes, 12 months

• Willing to provide attrition offset production to maintain low attrition for the term of the earnout. 

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​​​​​​AVAILABLE - PayCompass Stream/Partial Sale - AVAILABLE

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Portfolio Highlights

• Guaranteed Monthly Net Residual Earnings: 10k of 25k (fixed for 24 months). Full residual would be redirected to Buyer for 2 years, then Buyer/Seller will select MIDs equal to 10k or buy the rest of portfolio. 

• Total Portfolio Average Residuals: 25k (12-month average)

• Active Merchants: 74 accounts, located in California

• Business Types: Diverse (90% retail)

• Portfolio Age: 3 years established

• Attrition Rate: 2025 5% (very low)

• Top Merchants: 10 merchants represent the top 25% of accounts

• Cash Discount Program: 40% of merchants enrolled
   

Key Features

• Merchant Contracts: Flexible terms (no standard contracts)

• Pricing Model: 40 bps typical merchant pricing

• POS Integration: A few Clover & Mynt

• Terminal Leasing: None (0% of merchants lease equipment)

• Early Termination Fee: $0

• Agent and Operational Details

• Agents: 1 additional agent (not including seller)

• Office Location: California

• Processor Split: 75/25 revenue split

Why This Portfolio Stands Out

• Guaranteed Income: Locked-in $10,000/month residual stream for 2 years

• Diversified Base: 74 merchants across various business types, primarily retail

• Value-Added Services: 40% of merchants utilize cash discount program

• Support Included: Seller will assist with transition and remain available for up to 2 years

• Clean Financials: No liabilities or accounts payable

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Seller Profile

• Why Selling: Raising capital funds

• Industry Status: Not exiting the industry; strategic capital move

• Willing to Stay On: Yes, as agent for buyer, and will provide transition support for 2 years.​​

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AVAILABLE  - Hard To Place Merchants Enterprise Sale - AVAILABLE 

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Monthly residual earnings (avg over last 12 months): 195k gross / 96k Net
Number of merchants? approx 400
Where merchants located? 98% USA 1 % EU 1% CDN.
Types of businesses? Hard to acquire accounts
What is your typical merchant pricing? Varies
What percentage of your merchants lease terminals? None
Inception of portfolio: Year? 2000
Attrition YTD (lost accounts): 3%
Platform? US and EU
How many agents? 1500 Referral Partners, 10-20 Active
Split with processor? Varies
Percentage of retail/moto/internet merchants? 1% retail , 85% ecomm, 14 % Moto
Gift card or cash advance program in place? NO
Direct with processor or agents of someone? 97% Direct
Gateway provider? NMI, Fluid pay , Authorize[dot]net , Inovio
Willing to stay on board? Yes, for earnout
Why selling? Eventual Retirement
Getting out of industry? Yes
Selling all or portion of residual? Enterprise Sale
Has your processor waived first right of refusal? Waived
Are there any existing liabilities or accounts payable? None
Average number of new accounts added per month? 10 New Accounts