FOR IMMEDIATE RELEASE

WBC Extends $10 Million Long-Term Loan to Turkish Financial Institution

ISTANBUL, , December 28, 2016 - WorldBusiness Capital, Inc. (WBC) announced the closing of a 10-year, $10 million commercial loan (subdivided into a $5,000,000 senior loan and a $5,000,000 subordinated loan) to Nurol Yatirim Bankasi A.S. (Nurolbank). The loan is guaranteed by Overseas Private Investment Corporation (OPIC), the U.S. Government agency that helps American businesses invest in emerging markets. The financing will be used to support Nurolbank’s lending activities to factoring companies that service small and midsize enterprises (SME) in Turkey.

Arcus Fin, a boutique firm in Turkey, and Palmera Capital, a UK-based financial consultancy that provides debt and financial advisory services for corporates and financial institutions in Turkey and Central/Eastern Europe, were the financial advisors to Nurolbank for this transaction.

Yarsuvat & Yarsuvat, a leading provider of legal services in Turkey, acted as WBC’s local counsel for the successful closing of this transaction.

Speaking about this transaction, Ozgur Altuntas, CEO of Nurolbank, remarked: “Closing a long-term loan with WorldBusiness Capital is a significant step forward for our in expanding its international ties and building a foundation for the sustained growth of our business.”

Rob Monyak, WBC’s Executive Vice President for Eurasia/Africa Lending, said: “We are excited to bring Nurolbank aboard as our newest borrowing client in Turkey. This unique financial institution has shown particular resilience amidst an array of challenging macroeconomic conditions. Nurolbank has succeeded in establishing itself as a midsize financial institution that can respond quickly to unique market opportunities.”

About Nurolbank Nurolbank (www.nurolbank.com.tr), an affiliate of the Nurol Group, was established in 1998 and is headquartered in , Turkey. It offers investment and corporate banking products to businesses, including loans, risk management products, and a full array of consulting and advisory services. Nurolbank is regulated by Turkey’s primary bank regulator, the Banking Regulation and Supervision Agency (BRSA). Nurolbank will be efficiently supporting SME growth by providing financing to factoring companies that make credit available to the SME sector in Turkey.

About WorldBusiness Capital, Inc. WBC (www.worldbusinesscapital.com) is a commercial finance company based in Hartford, Connecticut, USA that offers flexible term loans helping small and midsize businesses in the manufacturing, distribution, logistics, transportation, food processing, packaging, renewables, , and other sectors compete in the global marketplace. Founded in 2003, WBC is a direct lender staffed by multilingual professionals with many years of experience in cross-border trade and project finance. The WBC team has a proven track record of successfully-closed loans in emerging markets around the world, with a focus on lending in Latin America, Asia, Eastern Europe, and Africa.

WBC is a member of the American-Turkish Council (ATC). WBC’s Lending Group is led by Joseph Raycraft, Executive Vice President and Chief Lending Officer; WBC’s Eurasia/Africa Lending Team includes Robert D. Monyak, Executive Vice President, Rohit Choudhary, Vice President, Aysegul Budak, Vice President, and is supported by Sunil Pallan, Executive Vice President and Chief Portfolio Officer and his portfolio management team.