This Annual Report contains
forward-looking
statements that relate to the Company’s current expectations and views of future events. In some cases, these
forward-looking
statements can be identified by words or phrases such as “may”, “might”, “will”, “expect”, “anticipate”, “estimate”, “intend”, “plan”, “indicate”, “seek”, “believe”, “predict” or “likely”, or the negative of these terms, or other similar expressions intended to identify
forward-looking
statements. The Company has based these
forward-looking
statements on its current expectations and projections about future events and financial trends that it believes might affect its financial condition, results of operations, business strategy and financial needs. These
forward-looking
statements include, among other things, statements relating to the Company’s ability to navigate through the COVID-19 pandemic and the overall economic impact of same, the Company’s expectations regarding its revenue (including loan interest), expenses and operations, key performance indicators, provision for loan losses (net of recoveries) and delinquency ratios, the Company’s anticipated cash needs and its need for additional financing, funding costs, ability to extend or refinance any outstanding amounts under the Company’s credit facility, the Company’s ability to protect, maintain and enforce its intellectual property, third-party claims of infringement or violation of, or other conflicts with, intellectual property rights, the resolution of any legal matters, the Company’s plans for and timing of expansion of its product and services, the Company’s future growth plans, the Company’s ability to attract new members and develop and maintain existing customers, the Company’s ability to attract and retain personnel, the Company’s expectations with respect to advancement of its product offering, the Company’s competitive position and the regulatory environment in which the Company operates, anticipated trends and challenges in the Company’s business and the markets in which it operates, the Company’s historical investment approach, objectives and strategy, including its focus on specific sectors, the structuring of its investments and its plans to manage its investments, and the Company’s expectations regarding the performance of certain sectors in which it has invested.