Agrifact Funding, LLC

Receivables Factoring Financing

Raised $1,000,000

Redeemable Preferred Membership Units

• A single purpose entity, Agrifact Funding, LLC (the “Issuer”) used proceeds from this financing to invest in senior secured notes (the “Notes”) in Agrifact Capital, LLC (“Agrifact”). Argifact Capital, LLC, a Delaware Limited Liability Company, was organized to fund Factoring of Food, Produce and Agricultural Receivables (“Receivables Factoring”) through the issuance of senior secured notes (the “Notes”).

• Agrifact Capital focused on the perishable agricultural market, which was generally underserved by conventional sources of financing.

• The Company purchased Accounts Receivable on a non-recourse basis with full notification from produce growers, processors, importers and distributors, whereby the Company closely controlled the credit risk associated with providing its clients with working capital financing. This control was achieved via the Company’s direct underwriting of account debtors, credit insurance, accounts receivable verifications, and control of cash proceeds via a lockbox arrangement.

• After clients were underwritten and approved by a credit committee, the clients were able to start selling invoices (of products sold to Debtors) to the Company. The Company typically advanced up to 78% of the invoice amount to the Client upon receipt (and optional validation with Debtor) of the invoice – the “Net Funds Employed” (NFE).

A single purpose entity, Agrifact Financing, LLC, issued $1,000,000 to invest in senior secured notes in Agrifact Capital, LLC.

Securities sold by affiliate, Carolina Financial Securities, LLC.