DEERFIELD, IL, Oct. 12, 2016 – TBF Financial has entered into a forward-flow relationship with
a leading online small business lender, TBF Principal Brett Boehm announced today. TBF will
purchase an estimated $100 million annually of charged-off loans from the financial technology
(fintech) client. The client cannot be named but Boehm described it as one of the top established
small business online lenders in the US.

Boehm said his firm is in talks with other fintechs to provide similar services for their businesses.
TBF Financial is the leading purchaser of non-performing equipment leases and commercial loans
in the US.

“Small business fintechs are in an aggressive market, an annual 175% growth industry. Banks are
entering this market too as they begin to offer fintech platforms,” he noted.

“These fintechs make money by making loans and those loans performing – not by chasing down
bad debt. That is a waste of their time and resources because of the pain and anguish involved. We
pay cash for their charge-offs at closing so they can reapply the money to their front end and book
more loans,” Boehm explained.

TBF then works with the businesses that have defaulted on their loans so they can eventually honor
their obligations.

Just as fintechs launched a new industry, TBF created its own industry. When the company started
in 1998, there were no businesses buying lease charge-offs on a consistent basis. The principals of
TBF Financial believed that they could buy charged-off equipment leases at an attractive price that
would also provide TBF with a margin of profit. The equipment finance industry embraced the new
services. Since then, TBF has broadened the commercial paper it buys to include written-off
commercial bank loans and lines of credit. The company remains at the forefront of commercial
debt buying for the finance industry.

For more information, visit tbfgroup.com, phone 847-267-0660, email bboehm@tbfgroup.com or
follow Brett on Twitter @TBFFinanciall.