"Thank you for all the help and support that you have provided for Capital Bank's Capital Funding program. I have had experience with programs such as Towne Services and Private Business, Inc. When Capital Bank switched to eRevenue in early 2002, your support team played an important role in converting our customers to the new system while keeping the cash flowing to the business customers. eRevenue made this a very smooth transition for everyone involved.

In the two years I have been using eRevenue, you have always been responsive to questions that have arisen, and very helpful to customers when they had situations with which they needed assistance. Not only has the support team been great, the software eRevenue provided is flexible and most importantly, user-friendly. Many of my customers have used various Accounts Receivable programs, and without a doubt, they would tell anyone about the benefits of using the eRevenue program. It has offered them much flexibility, and most importantly, the capability to pull hundreds of reports concerning their accounts receivable.

Please feel free to share my comments with those who may be considering eRevenue. I will continue to recommend eRevenue to other banks, and I look forward to continuing to meet our customers' cash flow demands with eRevenue."

I. Craig Swafford
Vice President
Capital Bank

"We decided to offer the eRevenue program in our bank so that we could begin building a recurring revenue stream for the bank, assist businesses with cash flow needs, grow our market share and bank name, and mitigate some of the risk associated with our commercial lending portfolio. We have done all four. Thank you.

We have found the safety and soundness of this product to be unmatched by either traditional or non-traditional accounts receivable management means. Through the repurchase requirement, reserve and mandatory lockbox, we not only have control over the payments and their application to outstanding balances, but we can adjust collateral on a preventive basis instead of a defensive basis. In addition, since the bank owns the asset, we are placed in a much stronger security position.

Additional control over the credit can be implemented through a variable advance rate by transaction and a vast matrix of verification and audit procedures. This control combined with the 24/7, real-time, online management reports places the bank in a strong position to manage each transaction, each customer and each business if necessary. We can even look to see if the performance or payment history of one client could potentially and adversely affect the performance of another client on the system.

We have looked at many programs to assist us in the management of our accounts receivable lines and eRevenue is by far the easiest, yet most comprehensive system available to community banks today."

Larry Fletcher
Heritage Bank