Celtic Express Loans Product Overview Celtic bank Celtic Express Loans Product Overview

Celtic Bank Established in 2001 Currently ranked 6th largest SBA lender nationally (source: SBA-12/31/13) Over $110M in SBA approvals FY2012 Nationwide lender Multiple winner of the SBA “Lender of the Year” award Loan amounts between $20k and $5M

Term & Amortization: 10-year fully amortized loan Celtic Express Loans Loan Amounts: $20k to $150k Collateral: Loans from $26k to $150k require a best available lien on business assets Term & Amortization: 10-year fully amortized loan Less documentation than traditional SBA loans Use of Proceeds: Working Capital for general operating expenses

Most SBA eligible businesses are eligible…no special qualifiers 7(a) Small Loan Program Most SBA eligible businesses are eligible…no special qualifiers Loans over $25k require a best available lien on business assets Loan-to-value or other collateral ratios are not considered as part of the underwriting process

Export Express Loan Program Business must have been in operation for at least 12 months generating 12 months of revenue No start-up businesses Business must either already export products or intend to export products with loan proceeds 70% of loan proceeds must help establish or expand upon new foreign markets Business must be a U.S. business. Cannot use funds to establish operations in another country

Export Express Benefits No lien on personal real estate No UCC filing on business assets Export Express loans are unsecured up to $150K

Celtic Express Interest Rates 7(a) Small Loan Program Loans from $20,000 - $25,000 Prime + 4.75% Loans from $26,000 - $50,000 Prime + 3.75% Loans from $51,000 - $150,00 Prime + 2.75% Export Express Loan Program Loans from $20,000 - $50,000 Prime + 4.75% Loans from $51,000 - $150,000 Prime + 4.50%

Loan Costs Packaging Fee – Celtic Bank packaging fee as follows: Loans $20k to $50k - 3% of the loan amount not to exceed $550 Loans $51k to $100k - 2% of the loan amount not to exceed $1,000 Loans $101k to $150k - 2% of the loan amount not to exceed $1,500 SBA Guaranty Fee – 2.0% of the guaranteed portion of the loan. SBA Guaranty Fees have been waived for 2014. 85% guaranty on 7(a) Small Loan Program Loan Amount x .02 x .85 = SBA Guaranty Fee 90% guaranty on Export Express Loans Loan Amount x .02 x .90 = SBA Guaranty Fee Loan Payments – Auto draft from a business checking account at your local bank or credit union

Fair Isaac SBSS credit scoring model Evaluating payment history Credit Analysis Fair Isaac SBSS credit scoring model Evaluating payment history Evaluating business industry risk Evaluating time in business Evaluating number of accounts Evaluating % of revolving balance available Evaluating personal debt-to-income ratio Evaluating other factors No magic personal credit score cut-off

History of Business One Page History of Business Questionnaire Nature of Business Outlook How Will the Loan Benefit the Business Customer Profile Key Customers, Major Competitors, Geographic Area Major Suppliers List of Trade Association(s) or Regulatory Agencies Future Growth Plans Major Past Accomplishments Marketing Analysis and Strategy

Eligibility and Restrictions Start–up businesses allowed Business must be able to begin operations at funding No business acquisitions No gas stations or other EPA sensitive properties or businesses No construction, renovation or build-outs Franchises must be on the SBA approved franchise registry Individuals with a criminal history must be cleared by both Celtic Bank and SBA’s 912 procedures

Celtic Express Process Simple application Submit completed and signed application Quick approvals (no loan committee approvals required) Typical turnaround time for initial credit screening is 48 hours or less Checklist of required documentation and due diligence items are sent to small business owner(s) upon initial credit clearance by a loan processor Joint Personal Financial Statements of all owners of 20% or more Signed 5406 T’s – Personal, Business and any affiliates History of Business 24 month projections on Celtic Spreadsheet Management Resume Business Debt Schedule and Affiliate Debt Schedule if applicable Accts Rec / Payable Ageing Report Tax ID number

Celtic Express Process Lease with at least 10 years of options Signed Landlords Release Articles of Incorporation Once all required documentation is submitted, a final loan decision is made Loan is assigned to a closer to get any remaining items needed, prepare closing documents and get them executed. Funds are wired to borrowers business checking account.

Celtic Express Loan applications $20,000 up to $150,000 www.celticbank.com/express 1-866-644-0042

Q & A