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  "documentTitle": "Pathward Financial | Results Presentation Deck | 30 slides",
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  "authorName": "Meta Financial Group",
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  "notes": "The slide uses a waterfall diagram to illustrate the priority of payments in a $100M facility example.",
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      "text": "EXAMPLE: In the example $100M scenario, all cash flows of the outstanding facility are used to pay the First Out Tranche’s (i.e. - Meta’s) outstanding principal and interest.",
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      "text": "Lines are primarily secured by consumer receivables, whereby Meta is in a senior, secured position as the first out participant. Have never had a charge off or loss. Agreements trigger waterfall protection for the “First Out” participant.",
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      "text": "Asset-backed warehouse lines of credit used to support strategic initiatives.",
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      "text": "Total includes total gross loans & leases of $3.44 billion and rental equipment, net of $206.7M, as of December 31, 2020",
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