Lending Strategy

• Strategy generates private equity returns with credit like risk

• Focus on companies in the lower and middle market in “under-banked” sectors requiring asset/structuring complexity

• Target first time borrowers that are experiencing high growth and have financed this growth through equity or venture capital

• These companies have executed contracts that create medium to long term, future revenue streams with investment grade customers or government entities

• We provide financing to allow the company to secure and execute these contracts

• Loans are backed by contractual future cash flows and executable collateral asset value (means the value is not theory, we can sell it at that Value)

• Loans are typically structured and financed separately from the company’s operations through bankruptcy remote structures

• Security interests in financial or physical assets which provide a clear path to a monetization event

• Based on historical origination track record, we are targeting approximately 60% of our borrowers to have active business and contracts with municipal, federal and state governments.

• Transactions sizes range from $10 million to $200 million and can be structured as expansion facilities which increases in size which supports the growth of each borrower