Balance Sheet Proforma Final

Non Recours Factoring = No Short Term Liabilities

1. Proforma Balance Sheet
For the Period Ending 6/30/2010 6/30/2010 12/31/2010
ASSETS
Cash + Petty Cash $1,500 $8,100 $9,720
Accounts Receivable $15,000 $0 $0
Reserves (After Factoring) $0 $2,550 $3,060
Temporary Loans Rec. $0 $0 $0
Inventories $10,000 $10,000 $10,000
Total Current $26,500 $20,650 $22,780
Building $0 $0 $0
Equipment $0 $0 $0
Less Accumulated Depreciation $0 $0 $0
Loans to Shareholders $0 $0 $0
Other Assets $4,000 $4,000 $4,000
Total Assets $30,500 $24,650 $26,780
LIABILITIES
Accounts Payable $10,000 $5,650 $940
Notes Payable $0 $0 $0
Captial Stock $2,000 $2,000 $2,000
Loans From Sharholders $2,000 $2,000 $2,000
Total Current Liab. $14,000 $9,650 $4,940
Long Term Liabilities $0 $0 $0
Loans from Shareholders $0 $0 $0
Total Liabilities $14,000 $9,650 $4,940
NET WORTH $16,500 $15,000 $23,340
Total Liab. & Net Worth $30,500 $24,650 $28,280
Current Balance
Sheet
New Balance
Sheet Non-
Recourse
New Balance
Sheet Non-
Recourse

2. 6.0
Cash to operate
Enter Info in Column C
Advance Rate 80%
Fee 3.0%
Eligible A/R 100%
% Paid to A/P 40%
Growth 20%
Months 12
Accounting for Fee Here
Liabilities are reduced
Net Worth increases fueled by growth