Portfolio BUYER

AVAILABLE - Talus Pay - AVAILABLE

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Portfolio Overview
Monthly Net Residual Earnings (avg over last 12 months): $45,000
Number of Active Merchants: 287
Number of Merchants in Top 25% of Accounts: 72
Types of Businesses Served: Retail, QSR, Beauty, Skilled Trades, Auto Repair
Where are Your Merchants Located? Nationwide USA
Age of Portfolio (years): Median age ~1.11 years
Attrition YTD (lost income): 5%
Percentage of Retail vs. CNP Merchants: 80% / 20%
Percentage of Merchants on Cash Discount Program: 90%
What Percentage of Merchants Lease Equipment? 70%
Average Number of New Accounts Added Per Month: 2
 

Processing & Technology
Processor(s) With Agreements: Talus
Split With Processor: 90%
Direct With Processor, or Agent of ISO? Direct
Gateway Provider(s): SwipeSimple
POS Integrations: Clover
Merchant Contracts (standard terms, length, etc.): 36 months
Early Termination Fee: $499.95
Typical Merchant Pricing: 4% Cash Discount / IC+ 0.29 + 0.08
Gift Card or Cash Advance Program in Place? N/A
 

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? Yes
 

Sales & Operations
How Many Agents (not including yourself)? 5
Willing to Sign Up as Agent of Buyer? Perhaps
Transaction Details
Why Are You Selling? Retire debt
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? Yes, 12 months

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AVAILABLE - CardConnect - AVAILABLE

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Portfolio Overview
Monthly Net Residual Earnings (avg over last 12 months): $6,800
Number of Active Merchants: 26
Number of Merchants in Top 25% of Accounts: N/A
Types of Businesses Served: Mix of restaurant and deli
Where are Your Merchants Located? NJ, NY, FL
Age of Portfolio (years): Under 1 year
Attrition YTD (lost income): 0
Percentage of Retail vs. CNP Merchants: 80% retail
Percentage of Merchants on Cash Discount Program: 1 account
What Percentage of Merchants Lease Equipment? 3%
Average Number of New Accounts Added Per Month: 3
 

Processing & Technology
Processor(s) With Agreements: CardConnect
Split With Processor: 85%
Direct With Processor, or Agent of ISO? Agent
Gateway Provider(s): N/A
POS Integrations: N/A
Merchant Contracts (standard terms, length, etc.): Standard
Early Termination Fee: None
Typical Merchant Pricing: 3.50%
Gift Card or Cash Advance Program in Place? 1 program
 

Contractual & Financial
Time Left on Key Contracts: Just started
Has Processor Waived Right of First Refusal? No
Are There Any Existing Liabilities or Accounts Payable? Equipment payout (~$32,000)
 

Sales & Operations
How Many Agents (not including yourself)? 0
Willing to Sign Up as Agent of Buyer? Yes
 

Transaction Details
Why Are You Selling? Need capital to grow
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? Will stay on to grow

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AVAILABLE - Elavon Direct - AVAILABLE

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Portfolio Overview
Monthly Net Residual Earnings (avg over last 12 months): $111,000
Number of Active Merchants: 302
Number of Merchants in Top 25% of Accounts: 75
Types of Businesses Served: Various
Where are Your Merchants Located? Not Provided
Age of Portfolio (years): 15 years
Attrition YTD (lost income): 12-15%
Percentage of Retail vs. CNP Merchants: Not Provided
Percentage of Merchants on Cash Discount Program? Not Provided
What Percentage of Merchants Lease Equipment? 0
Average Number of New Accounts Added Per Month: 4-5

Processing & Technology
Processor(s) With Agreements: Elavon
Split With Processor: Buy rate and additional revenue share programs
Direct With Processor, or Agent of ISO? Direct, registered MSP
Gateway Provider(s): Authorize.net
POS Integrations: Elavon POS
Merchant Contracts (standard terms, length, etc.): 30-day cancellation notice
Early Termination Fee: None
Typical Merchant Pricing: Primarily Interchange Plus or similar structures
Gift Card or Cash Advance Program in Place? No

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 liabilities

Sales & Operations
How Many Agents (not including yourself)? Six to eight active agents (approximately 40 direct deposits)
Willing to Sign Up as Agent of Buyer? Possibly

Transaction Details
Why Are You Selling? After 28 years in the industry, the owner is seeking retirement
Are You Getting Out of the Industry? Yes, but willing to assist during transition (Based in Israel)
Selling All or Portion of Residual? If Portion, How Much? Selling the entire business
Willing to Provide Transition Assistance Post-Sale? If yes, for how long? Yes, for a reasonable transition period; open to longer-term involvement with consulting contract.

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*We are Buy side representatives on this sale

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AVAILABLE - First American Payment Systems/Small Fiserv - AVAILABLE

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Portfolio Overview

• Monthly Net Residual Earnings (avg over last 12 months): $50,000/Fiserv $11,500

• Number of Active Merchants: 300

• 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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ON HOLD - CardConnect - ON HOLD

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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? Not yet

• 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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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