InterBay Funding Corp. 1 We have access to the Capital Loan Program Financing (Equity Lending) Institutional lender specializing in small commercial / income properties Unique programs - meet the needs of small business owners and investors Equity lender / Credit lender Commercial real estate secured loans only

InterBay Funding Corp. 2 Traditional Money Sources Small Loans –Banks –Credit Unions –Trust Companies –Mortgage Bankers –Investment Bankers –Private Money

InterBay Funding Corp. 3 Capital Loan Program Funding Institution`s Place Capital Loan Program Traditional LendersPrivate Money

InterBay Funding Corp. 4 Small Commercial Lending Arena Traditional Lenders Best Rates Conservative LTVs Strong Credit Full Documentation Environmental Phase 1 Marketable Properties High Commitment Fees 1 to 5 Year Terms Loan Committees Cross Collateralization Strong DSCR (i.e. 1.40x or more) The Capital Loan ProgramPrivate Money

InterBay Funding Corp. 5 Traditional Lender Requirements Bank Credit Application Background Information Sheet State of Personal History Management Résumé Personal Financial Statement T4, T1, Notice of Assessment Financial Information: Business, Personal, Affiliate Tax Returns Copy of Purchase Agreement Lease Agreement Copy of Business License Equipment Listing Schedule of Business Debt Environmental Phase 1 or 2 Insurance Information Operating Statements Rent Roll …and more…

InterBay Funding Corp. 6 Small Commercial Lending Arena Traditional Lenders Best Rates Conservative LTVs Strong Credit Full Documentation Environmental Phase 1 Marketable Properties High Commitment Fees 1 to 5 Year Terms Loan Committees Cross Collateralization Strong DSCR (i.e. 1.40x or more) The Capital Loan ProgramPrivate Money High Interest Rates LTVs Vary Fast Closings All Credit Considered Minimal Documents Environmental Varies All Property Types High Commitment Fees Short Term Loans Inconsistent Temporary Solution

InterBay Funding Corp. 7 Intermediate Rates Higher LTVs Quick Closings Wide Credit Range Limited Documents Environmental Fee Many Property Types Variety of Products No Cross Collateralization Reasonable DSCR Commercial is All We Do Wholesale Dedicated Small Commercial Lending Arena Traditional Lenders Best Rates Conservative LTVs Strong Credit Full Documentation Environmental Phase 1 Marketable Properties High Commitment Fees 1 to 5 Year Terms Loan Committees Cross Collateralization Strong DSCR (i.e. 1.40x or more) Private Money High Interest Rates Low LTVs Fast Closings All Credit Considered Minimal Documents Environmental Varies All Property Types High Commitment Fees Short Term Loans Inconsistent Temporary Solution Capital Loan Program

InterBay Funding Corp. 8 Who Needs Capital Loan Program? Clients underserved by traditional lenders: –Inability / Unwillingness to provide business and personal documentation –Fast Service –Too much credit exposure to the bank –Under banks minimum loan amount –Significant cash out (Equity Take-Out) –Transactions with subordinate debt –Changes in bank lending philosophy

InterBay Funding Corp. 9 Who Needs the Capital Loan Program? As an alternative to Private Money Sources: –Need Higher LTV –Want Lower Fees –Want / Need benefit of lower interest rate –Needs longer term –Improved Credit

InterBay Funding Corp. 10 The Capital Loan Program Loan Amounts $100,000 - $1,200,000 Multi-Family (5+ Units) Office Retail Automotive Rooming House Hotels / Motels Mixed Use Light Industrial / Warehouse Self Storage Carwash Bed & Breakfast Funeral Homes Restaurants Daycares Resorts Campgrounds Mobile Home Parks Property Types

InterBay Funding Corp. 11 Non-Eligible Properties Traditional Churches (no alternative use) Raw Land and Farms Construction / Interim Financing Business Loans Health Care Facilities that dispense medications (assisted living, hospitals, nursing homes) Gas Stations Adult Entertainment Facilities

InterBay Funding Corp. 12 Deal View #1… Mixed Use - $145,000 A+ Credit Borrower LTV 80% Owner Occupied Broker visited with marketing material Closed in 38 days

InterBay Funding Corp. 13 Deal View #2… Automotive - $435,000 Owner occupied Bank not willing to consider due to possible environmental concerns with this type of property Broker arranged referral relationship with a local bank branch

InterBay Funding Corp. 14 Deal View #3… Office / Retail - $606,750 Significant cash-out Client did not have financials required at bank Owner received advertisement from broker Deal closed in 31 days

InterBay Funding Corp. 15 Deal View #4… Retail / Office - $920,000 Borrowers credit 685 LTV 75% Investment property Expedited service from Lawyers Closed in 45 days

InterBay Funding Corp. 16 Deal View #5… Hotel / Motel - $1,000,000 Refinance – cash out to purchase another property Referred to broker by real estate agent Credit improved from A- to A in process Appraisal came in higher than anticipated (+195k) Deal closed in 59 days