[Hedley Lamarr]

DF,

As you all know we are Seacoast Business Funding a division of Seacoast National Bank. We are unique in the market as we are bank owned. We have the ability to provide working capital facilities to companies in a variety of industries nationally.

Something I don't think I have mentioned before..... Seacoast Business Funding has and will re-factor or provide lines of credit to other factoring companies on a select basis. We have done several of these transactions for smaller factors that have had difficulty finding cost effective senior facilities or have had their facilities taken away from much larger banks. We have also acquired portfolios of other factoring companies. Please keep in mind, we offer these credit facilities on a limited basis to other factoring companies....no other finance company types.....

We have also participated or lead in syndication on deals too large for other smaller factors.


Best,

Kevin