OppFi SPAC Presentation Deck
29
Superior Value Proposition
Traditionally, financing options for the underbanked have been limited, with exorbitant interest rates
and poor customer service
Best product available
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Simple interest, amortizing installment loans with no
balloon payments
No origination fees
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No late fees
• No NSF fees
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• No prepayment penalties
Report to the 3 major credit bureaus
Work compassionately with customers who require
payment plan modification
1. Assumes $200 amount financed with $5 finance charge 7 days between the advance and employee's regularly scheduled paydate
Underbanked Option APRS
~17,000%
~235%-330%
Bank Overdraft Payday & Title
Loans
~200%
LTO
1
~130%
Earned Wage
Access
A Cheaper,
Better Product
for Non-Prime
Average
Loan Amount
~$1,500
Average
Term
~11 Months
30% - 160%
OppFi****
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