Kut Financial purchases delinquent subprime auto debt and refinances to fit the budget of our clients. But we don't stop there...We provide education, progress dashboard, and proactive engagement to ensure clients improve their financial wellness

1. Introducing Integrity to
Subprime Auto Lending
April 2020 // Kut Auto Finance LLC // Proprietary and Confidential

2. OVERVIEW
2
 $450B TAM
 Scalable
 Collateralized
 Revenue grows from $2M to $64M
 Defensible 2-sided market
 Specialized Data Collection
 Experienced Team

3. EXPERIENCED TEAM
3
Experienced founder
with 2 successful
exits.
8 years as an Auto
Finance Director in 3
states.
Nathaniel Syme
Co-founder and fund
manager of YREFY a $55
million subprime student
loan portfolio.
Mary Jo Terry
Over 17 years of
founder, capital
strategy, and 7 years of
VC experience.
Kasten Spethmann
FOUNDER COMPLIANCE, ACQUISITION &
UNDERWRITING ADVISOR
STRATEGIC CAPITAL MGMT
& MARKETING ADVISOR
CEO of TruDecision
Co-founder of Exeter
Financial, a subprime
lender with over $2 billion
in annual originations.
Currently a fund manager
with over $100 million of
subprime auto assets.
Daniel Parry
PORTFOLIO ANALYTICS, RISK,
& PERFORMANCE MODELING

4. 4
Sherri
$$$$
Nearly 1/2of the US
population is low income.
Low income Americans are
240% more likely
to start their credit with
negative records.
Low income families in
financial crisis often gravitate
toward high-risk solutions.
Subprime lenders prey on
vulnerability, limited choices,
and lack of education.

5. 5
Gap $895
Warranty
$2,904
Vehicle Value = $12,225
Backe
nd
Produ
cts
$40,176
Sample Subprime Loan in Portfolio
Total Cost over Life of Loan

6. 6
$$$$
Life happens…

7. 7
Now What???
My Credit is Bad
I might lose my car
Student loan interest is now 30%
I don’t make enough to live and
pay my debt

8. OUT WITH THE
OLD…
8
• Larger positive impact on credit
Assumes 12 months of payments before default
…IN WITH THE NEW
28% 8%
$18,578 $16,600
$40,176 $19,452
72 months 48 months
$541 $405
&
APR
Amount Financed
Total Payments
Loan Term
Monthly Payments
Loan Savings over
$20,000
Shortened term
Lowering PTI below 12%
• Faster repayment of principle
• Higher resale value
Additional Benefits:
Kut FinancialCurrent Lender
Discounted Rate

9. 9
Kut
Financial
Coach
Phone
Mobile
Online
AUTO
Coach evaluates
client’s whole financial
picture
FREE TO CLIENTS

10. 1
0
Kut
Financial
• Synced Bank Account
• Specialized Data Collection
• Increased Resale Speed and Value
• Improved Lending with Data
• Data Monetization
• Lead Monetization
• Progress Dashboard
• Personalized Budget
• Credit/Budget Simulators
• Intentional Engagement
• Specialized Client Offers
• Educational Resources
Client

11. STRATEGIC ADVANTAGE
11
EXAMPLES KUT’s Position
Marketplace with network effects Lots of customers. Very few Social Lenders.
We corner the market on responsible lending
solutions.
First Mover KUT is the only socially responsible auto loan
debt restructuring company.
Data Moat Our team of data scientists and analysts
gather behavioral data on subprime
customers that is not publicly available.
High Friction Switching Cost Once a customer refinances their debt, it is
very hard to refinance them again, and if
they do, we get paid on the full-face value.

12. REVENUE AND EXPENSES
12 Showing numbers in $Millions
$0.00
$10,000,000.00
$20,000,000.00
$30,000,000.00
$40,000,000.00
$50,000,000.00
$60,000,000.00
$70,000,000.00
Year 1 Year 2 Year 3 Year 4
Expenses Revenue

13. 13 Showing numbers in $Millions
66%
21%
3%
10%
USE OF FUNDS
Lending Payroll Office Outsource

14. Why Kut
Financial?
1
6
1. Loan, Contract sale, Data, and
lead revenue streams
2. Enormous upside potential
with collateral
3. Holistic solution for subprime
financial wellness
4. Experienced Team

15. WHAT WE OFFER…
Collateral
Rapid revenue
growth 3x year
over year
Investors
20%
Preferred
Equity
Limited
15
Dilution

16. Americans deserve affordable transportation.
The solution is education combined better loans.
April 2020 // Kut Auto Finance LLC // Proprietary and Confidential

17. DISCLAIMERS
17
FOR RESIDENTS OF ALL STATES:
THE SECURITIES OFFERED HEREBY HAVE NOT BEEN
REGISTERED UNDER THE SECURITIES ACT OF 1933, AS
AMENDED (“SECURITIES ACT”), OR THE SECURITIES LAWS OF
CERTAIN STATES ARE BEING OFFERED AND SOLD IN RELIANCE
ON EXEMPTIONS OF SAID ACT AND SUCH LAWS. THE
SECURITIES HAVE NOT BEEN APPROVED OR DISAPPROVED BY
THE SECURITIES AND EXCHANGE COMMISSION OR OTHER
REGULATORY AUTHORITY, NOR HAVE ANY OF THE FOREGOING
AUTHORITIES PASSED UPON OR ENDORSED THE MERITS OF
THIS OFFERING OR THE ACCURACY OR ADEQUACY OF THIS
PRIVATE PLACEMENT MEMORANDUM. ANY REPRESENTATION
TO THE CONTRARY IS UNLAWFUL.
THIS OFFERING IS SUBJECT TO RESTRICTIONS ON
TRANSFERABILITY AND RESALE AND MAY NOT BE
TRANSFERRED OR RESOLD EXCEPT AS PERMITTED UNDER THE
SECURITIES ACT, AND THE APPLICABLE STATE SECURITIES
LAWS, PURSUANT TO REGISTRATION OR EXEMPTION
THEREFROM. INVESTORS SHOULD BE AWARE THAT THEY
MIGHT BE REQUIRED TO BEAR THE FINANCIAL RISKS OF THIS
INVESTMENT FOR AN INDEFINITE PERIOD OF TIME. AN
INVESTOR MUST REPRESENT THAT THE SECURITIES ARE
BEING ACQUIRED FOR INVESTMENT PURPOSES ONLY, AND
NOT WITH A VIEW TO OR PRESENT INTENTION OF
DISTRIBUTION.
THIS PRESENTATION DOES NOT CONSTITUTE AN OFFER OR
SOLICITATION IN ANY STATE OR OTHER JURISDICTION IN
WHICH SUCH AN OFFER OR SOLICITATION IS NOT
AUTHORIZED OR IN WHICH THE PERSON MAKING SUCH OFFER
OR SOLICITATION IS NOT QUALIFIED TO DO SO. IN ADDITION,
THIS CONFIDENTIAL PRESENTATION CONSTITUTES AN OFFER
ONLY TO THE OFFEREE NAMED. EXCEPT AS OTHERWISE
INDICATED, THIS PRESENTATION SPEAKS AS OF THE DATE OF
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NOR ANY SALE MADE HEREUNDER SHALL, UNDER ANY
CIRCUMSTANCES, CREATE ANY IMPLICATION THAT THERE HAS
BEEN NO CHANGE IN THE CONDITION OF THE COMPANY SINCE
THE DATE HEREOF.
NO PERSON HAS BEEN AUTHORIZED TO MAKE
REPRESENTATIONS OR PROVIDE ANY INFORMATION OTHER
THAN THAT CONTAINED IN THIS PRESENTATION AND ACTUAL
DOCUMENTS (SUMMARIZED HEREIN), WHICH ARE FURNISHED
UPON REQUEST TO AN OFFEREE, OR HIS REPRESENTATIVE
MAY BE RELIED UPON IN CONNECTION WITH THIS OFFERING.
PROSPECTIVE PURCHASERS OF THE SECURITIES ARE NOT TO
CONSTRUE THE CONTENTS OF THIS PRESENTATION AS LEGAL
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EACH PROSPECTIVE PURCHASER SHOULD CONSULT HIS OWN
PROFESSIONAL ADVISORS AS TO LEGAL, TAX, AND RELATED
MATTERS CONCERNING HIS INVESTMENT. THIS
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HIGH DEGREE OF UNCERTAINTY AND MAY VARY MATERIALLY
FROM ACTUAL RESULTS.
YOU SHOULD CAREFULLY CONSIDER WHETHER YOUR
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IN DOING SO, YOU SHOULD BE AWARE THAT AN INVESTMENT
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INVESTORS MAY LOSE ALL OR PART OF THEIR INVESTMENT.
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ON THEIR OWN EXAMINATION OF THE ISSUER AND THE
TERMS OF THE OFFERING INCLUDING THE MERITS AND RISKS
INVOLVED. THESE SECURITIES HAVE NOT BEEN
RECOMMENDED BY ANY FEDERAL OR STATE SECURITIES
COMMISSION OR REGULATORY AUTHORITY. FURTHERMORE,
THE FOREGOING AUTHORITIES HAVE NOT CONFIRMED THE
ACCURACY OR DETERMINED THE ADEQUACY OF THIS
DOCUMENT. ANY REPRESENTATION TO THE CONTRARY IS A
CRIMINAL OFFENSE.
THESE SECURITIES MAY BE SUBJECT TO RESTRICTIONS ON
TRANSFERABILITY AND RESALE AND MAY NOT BE
TRANSFERRED OR RESOLD EXCEPT AS PERMITTED UNDER
FEDERAL AND STATE SECURITIES LAWS. INVESTORS SHOULD
BE AWARE THAT THEY MAY BE REQUIRED TO BEAR THE
FINANCIAL RISKS OF THIS INVESTMENT FOR AN INDEFINITE
PERIOD OF TIME.