We refinance subprime auto loans to change the lives of people who are near poverty without sacrificing profits.

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

2. 2
OVERVIEW
 Large TAM within a fragmented market
 Scalable
 Balance sheet over $450M in assets and 2:1 collateralized
 Revenue grows from $2M to $140M
 Head Count grows from 8 to 170
 Experienced Team
 Kut Financial has developed a proprietary risk model and uses our
deep subprime experience as a differentiator

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 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
PORTFOLIO MANAGER COMPLIANCE, ACQUISITION &
UNDERWRITING ADVISOR
STRATEGIC CAPITAL MGMT
& MARKETING ADVISOR
• PORTFOLIO ANALYTICS,
RISK,
& PERFORMANCE
MODELING
CEO of TruDecision
Co-founder of Exeter
Financial, a subprime
lender with over $2 billion
in assets.
Currently a fund manager
with over $100 million of
subprime auto assets.
Daniel Parry
PORTFOLIO ANALYTICS, RISK,
& PERFORMANCE MODELING

4. Despite the strong
economy, auto loan
defaults were twice
as high at year end
as they were at
their 2010 peak.
4
Q3
2003
Q4
2019
Pre-COVID
$66 Bil90+ Days Delinquent Auto Loans
Source: New York Fed
2010
Post-Financial Crisis

5. Lenders and
dealers are
part of the
reason their
own loans
default.
5
So where does the
problem lie?
Loans are
too large
Payment
to income
ratios are
too high
Interest
Rate
Mark Ups
Dealer
Add-
Ons
Bait and
Switch
Tactics
Lender
Fees
Preying
on the
Vulnerable
Lack of
Respect

6. 6
Gap $895
Warranty
$2,904
Vehicle Value = $12,225
Backend
Products
$40,176
Sample Subprime Loan in Portfolio
Total Cost over Life of Loan

7. Copyright Kut Auto Finance LLC © 2020 - Proprietary & Confidential
Improve customers’ economic health
and increase profits through
ethical refinancing
7
Kut Auto Finance:

8. 8
It starts with treating
customers with basic
dignity
Become an Advocate
Protect the Vulnerable
Respect
Customers
Lower interest rate
Shorten loan duration
Remove dealer mark-
ups
Reduce monthly
payments
Refinance
Auto Debt
Existing predatory
lending leads to self-
destructive loans
Reimagine
Subprime
What if?...

9. ETHICAL FINANCE WORKS
9
On The Road Lending and Bonnie CLAC
*OTR 2019 Annual Report, Changemakers 2018 Report
4%92%
loans with
payments made
in the past 30
days
520 157
average credit
score at time
of loan
lifetime
loss rate
8%
average increase in
credit score
borrowers
establishing
credit for the
first time
5.5X
Lower
than the National
average
52%
Lower
than the National
average
Not For Profit Organizations
Originating Subprime Auto Loans at 9.75% APR

10. OUT WITH THE OLD…
10
• 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 Auto FinanceCurrent Lender
Discounted Rate

11. OUR PROCESS
11
Universe of defaulted
subprime auto loan portfolios
TruDecision scores risk using
alternative data with AI.
Kut developed a machine learning
proprietary risk model to predict loan
performance, cash flow and
collateralization.Scoring Modeling are
compared to debt seller’s loan
valuation to identify which
portfolios are undervalued.
Kut individually refinances loans in
portfolio at a discounted rate of 8%
Benefits passed on to
customer with ongoing
service and respect
$

12. SMARTMODELS LOCATE VALUE
12
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
Portfolio 1 Portfolio 2 Portfolio 3 Portfolio 4
Seller Value vs. Model Value
Seller Price Model Value

13. GROWING BALANCE SHEET
13 Showing numbers in $Millions
$0
$50
$100
$150
$200
$250
$300
$350
$400
$450
$500
Year 1 Year 2 Year 3 Year 4
2:1 Collateralized
Investment Portfolio

14. REVENUE AND EXPENSES
14 Showing numbers in $Millions
$-
$20,000,000
$40,000,000
$60,000,000
$80,000,000
$100,000,000
$120,000,000
$140,000,000
$160,000,000
Year 1 Year 2 Year 3 Year 4
Expenses Revenue

15. 15
People need our
help.
Our mission is
worthy of failure
It is scalable
We all share in the
benefits
We use technology
that others do not
Why This?
We have extensive
subprime experience
Our team understands
de-risking portfolios
We all have previous
founder experience
Why Us? Portfolios have
already been hit.
Liquidity is thin.
If an obligor has
kept their job it is
less likely they will
lose it.
Loan prices are
lower due to shocks
to supply and
demand.
Why Now?

16. Kut will begin loan acquisition at $750,000
capital raised.
Maximum raise of $6,000,000.
With a $100,000 minimum investment you
will help 88 families have opportunities they
would not otherwise have.
Join us and be part
of the solution
16
IMPACT FAMILIES AND
INDIVIDUALS WHILE BEING 2:1
COLLATERALIZED AND GROWING
REVENUE OVER $140,000,000

17. WHAT WE OFFER…
17
Collateral
Rapid revenue
growth 3x year
over year
Investors
Up to 30%
Preferred
Equity
Limited
Dilution

18. WHAT WE NEED…
18
Defensibility
Debt
Structuring
Help recruiting
talent
Investors
Partnership
Series A
timing

19. USE OF PROCEEDS
19
Max. Proceeds Min. Proceeds
Sale of Equity
Proceeds from sale of units $6,000,000 $750,000
Offering Expenses and Commissions
Est. Offering Expenses (1) $20,000 $10,000
Est. Brokerage Commissions (2) $300,000 $37,500
Total Offering Fees $320,000 $47,500
Corporate Applications of Proceeds
Acquisition Expenses $260,000 $39,200
Initial Loan Acquisition $5,260,000 $643,300
Working Capital $160,000 $20,000
Total Corporate Use $5,680,000 $702,500
Total Use of Proceeds
Offering Expenses and Commissions $320,000 $47,500
Corporate Application of Proceeds $5,680,000 $702,500
Total Proceeds $6,000,000 $750,000
87.6%

20. Americans deserve reliable, and affordable transportation.
The solution isn’t a better economy,
it’s better loans and repayment options.
April 2020 // Kut Auto Finance LLC // Proprietary and Confidential

21. DISCLAIMERS
21
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
THE PRESENTATION AND NEITHER THE DELIVERY HEREOF
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
OR TAX ADVICE.
EACH PROSPECTIVE PURCHASER SHOULD CONSULT HIS OWN
PROFESSIONAL ADVISORS AS TO LEGAL, TAX, AND RELATED
MATTERS CONCERNING HIS INVESTMENT. THIS
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SOURCES DEEMED RELIABLE AND DOES NOT KNOWINGLY
OMIT ANY MATERIAL FACT OR KNOWINGLY CONTAIN ANY
UNTRUE STATEMENT OF ANY MATERIAL FACT. IT CONTAINS A
SUMMARY OF THE MATERIAL PROVISIONS OF DOCUMENTS
REFERRED TO HEREIN. STATEMENTS MADE WITH RESPECT TO
THE PROVISIONS OF SUCH DOCUMENTS ARE NOT
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FORWARD LOOKING STATEMENT
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ESTIMATES, FUTURE PLANS, OR FORWARD LOOKING
ASSUMPTIONS OR STATEMENTS, AS TO THEIR ATTAINABILITY
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EACH PROSPECTIVE INVESTOR WILL PURSUE HIS, HER, OR ITS
OWN INDEPENDENT INVESTIGATION.
IT MUST BE RECOGNIZED THAT ESTIMATES OF THE
COMPANY’S PERFORMANCE ARE NECESSARILY SUBJECT TO A
HIGH DEGREE OF UNCERTAINTY AND MAY VARY MATERIALLY
FROM ACTUAL RESULTS.
YOU SHOULD CAREFULLY CONSIDER WHETHER YOUR
FINANCIAL CONDITION PERMITS YOU TO PARTICIPATE IN THIS
INVESTMENT.
IN DOING SO, YOU SHOULD BE AWARE THAT AN INVESTMENT
WITH OUR COMPANY MAY BE VOLATILE AND LOSSES FROM ITS
BUSINESS ACTIVITIES MAY REDUCE THE NET ASSET VALUE OF
THE COMPANY.
INVESTORS MAY LOSE ALL OR PART OF THEIR INVESTMENT.
THIS BRIEF PRESENTATION CANNOT DISCLOSE ALL THE RISKS
AND OTHER FACTORS NECESSARY TO EVALUATE YOUR
PARTICIPATION IN THIS COMPANY. THEREFORE, BEFORE YOU
DECIDE TO PARTICIPATE IN AN INVESTMENT IN THIS
COMPANY, YOU SHOULD CAREFULLY STUDY ALL DISCLOSURE
DOCUMENTS, INCLUDING A DISCUSSION OF POTENTIAL RISKS
RELATED TO THIS INVESTMENT.
NASAA LEGEND
IN MAKING AN INVESTMENT DECISION INVESTORS MUST RELY
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.