LoanTrade Inc.

$ 18,594,883
Charged-Off Business MasterCards™
PERSONAL GUARANTEES - NATIONWIDE

These accounts have never been reported to credit bureaus and have not been forwarded to attorneys for litigation.

Following our client's successful August and September 2001 sales of similar accounts, LoanTrade Inc. is pleased to exclusively present our client's offer to sell another portfolio of business MasterCard accounts. Each credit card is personally guaranteed. The Seller is an FDIC insured institution. The Seller's representations and warranties are comprehensive and include standard put back provisions. The accounts can be resold without prior approval of the Seller. Data integrity appears to be excellent. Document support is available.

These accounts were referred to one primary collection agency during the months of October and November 2001 for contingency collection only (no legal actions pursued) and will be recalled for delivery immediately following the successful completion of this sale.



THIS PORTFOLIO WAS SOLD PURSUANT TO A PRIVATE PLACEMENT
 

LoanTrade Inc.

370 W. Camino Gardens Blvd., Suite 300 Attn: Tim Kirkpatrick Email: tim@loantrade.com
Boca Raton, FL 33432 Phone: (561) 417-5002 Fax: (561) 417-5662

The terms, conditions, and information presented by LOANTRADE in connection with this transaction were provided to LOANTRADE by sources we consider to be reliable; however, LOANTRADE makes no representation as to the accuracy of this information. LOANTRADE cannot guarantee the performance of the Seller. Seller may reject any and all bids. Seller may reduce portfolio up to the date of Seller's acceptance of Buyer's offer to purchase.