Executive Summary

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Executive Summary
November 2005
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Confidentiality
The information, data, drawings and aggregates
embodied here are strictly confidential and are
supplied on the understanding that they will be
held confidential and not disclosed to third
parties without the prior written consent of
Assistive Financial Corp. This presentation is to
be reviewed in conjunction with the written
Executive Summary which provides further details
on the business, industry, and statistical
sources of reference.
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Assistive Financial Corp.

• Privately held, incorporated in 2002 (Alberta)
• Provides short term cash loan to consumers
  through Rentcash Inc.s payday loan stores
  The Cash Store and Instaloans
• The Cash Store and Instaloans act as a broker for
  their customers placing loans with third party
  lenders such as Assistive
• Earns approximately 0.0685 per day for every
  100 in loan value.

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The Payday Loan Business

• Customers receive a cash advance on their next
  pay cheque.
• Assistive provides Cash Store and Instaloan
  customers with these small loans as a short term
  solution for their immediate cash requirements
  such as unexpected expenses, emergencies or to
  supplement discretionary purchases.
• Funds are delivered to the customer via a
  pre-loaded cash card.

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The Payday Loan Business
Figure A Lending Structure
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Sample Loan Calculation
Assistive Assumptions 1. Average payday loan
(including brokerage fee) is 320 2. Average
loan term 11 days 3. Assistive interest rate
59 per annum
Estimated Average Amount of Payday Loan 320
Total Loan Amount 325.69
Assistive Interest (11 days) 5.69


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Industry Overview

• The Payday Loan Market In Canada
• First emerged in the mid 1990s
• 1.0 - 1.4 million Canadians have used the
  services of a payday lender
• Est. 1,200 1,500 cash advance stores in Canada

The US Market is estimated to have grown from
6,000 stores in 1999 to 22,000 stores in 2004
advancing over 40 billion in credit
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Industry Overview

• Why Customers Use the Service
• 1. They Need the Money
• 2. Payday Loans are Easy to Execute
• 3. The Stores are Conveniently Located and Have
  longer Hours
• 4. Banks Dont Make 100 to 300 Short-term loans
• 5. Payday Loans Can Be Used as an Alternative to
  Credit Cards or Medium-Term Loans
• 6. Less Expensive and Less Offensive than Writing
  a NSF Cheque

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Industry Overview

• Target Market
• Average household income of 51,400
• 41 have post secondary education
• Slightly higher employment rate than the Canadian
  average
• Less than 1 are single mothers
• Less than 1 are seniors
• About 4 are less than 21 years of age

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Industry Overview

• Canadian Association of Community
  Financial Service Providers (CACFS)
• Industry Self Regulation
• Created in 2004 in response to growth of
  industry and emerging government interest
• Approx. 75 of stores are members
• Implemented Code of Best Practices

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Industry Overview
Risk Analysis 1. Other Lenders 2. Industry
Regulation 3. Class Action Lawsuits 4. Increase
in Loan Defaults
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Rentcash Inc. (RCS TSX)

• Owns and operates a chain of stores facilitating
  cash advance services and rental of furniture,
  appliances, electronics and computers
• More than 360 stores across Canada
• Canadian Business Magazine 1 ranked small cap
  growth company in Canada
• Profit Hot 50 28 Canadas Emerging Growth
  Companies (2004)
• Combined the Cash Store and Instaloans are the
  largest payday loan provider in Canada

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Rentcash Inc. (RCS TSX)
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Rentcash Inc. (RCS TSX)

• Due to an increase in allowance for bad debt,
  Rentcash has recently experienced a marked
  decline in its share price
• The stock has still increased 770 since going
  public in January 2002

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Industry Overview
Competitive Profile The Cash Store and Instaloan
utilize the capital of multiple companies both
public and private , to supply funds to its
brokerage business.
Avenir Diversified Income Trust
(AFV.un-T)Publicly traded income trust with
holdings in Energy, Financial Services, and Real
Estate. Currently has 16.9 million out on
contract with Rentcash. Market value as of June
6 of over 278 million.
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The Opportunity
- Significant future cash requirements for The
Cash Store and Instaloans to fund its customers -
Opening 8 new Cash Stores per month plus organic
growth - Assistive currently supplies 13.1
million - Portfolio estimated to grow to over 53
million in 2008
TO BE UPDATED
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Agreement with Rentcash Inc.

• Going forward, Assistive will be provided with
  the following
• Right of first refusal on obtaining the loan
  portfolio of all lenders who decide to cease
  lending to Rentcash
• The loan portfolio of 25 of all new stores
• Guaranteed 25 return on outstanding loans

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Management
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Directors
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Financial Summary
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Capital Structure
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Financing Requirements

• Assistive is looking to raise up to 25 million
  in mezzanine debt to increase its current loan
  portfolio with Rentcash
• Buy-out existing lenders looking for liquidity.
• Refinance existing debentures.
• Fund the loan portfolios of new stores.

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