Unconventional and Non-Traditional 100% Funding using Cash Flow, lease agreements , Pre-Sales, Seller Seconds, As-Stabilized Value, Off Take

Contact Edward Voccola, LLM 617-233-5555, 646-342-4963, Email: [email protected]

Structured Finance

Structured Finance Services

Edward Voccola & Co. LLC (EVO)offers a comprehensive set of financial products and services to meet the banking needs of financial sponsors and borrowers. We evaluate each opportunity and employ our expertise, understanding and creativity to create the right financing solution.

Typical Structured Finance characteristics include using proceeds to support leveraged buyouts, add-on acquisitions, refinancing, recapitalization and other strategic initiatives along with:

• Stable and predictable cash flows
• High free cash-flow generation
• Pursues leading market positions in niche industries
• Total senior secured transaction size of $10 to $150 million
• Strong margins
• Limited capital expenditures
• Customized structures and solutions

Our Clients

Our clients benefit from a locally managed, day-to-day commercial banking relationship and specific product and market expertise for structured finance transactions including:

• Acquisition financing for new investments
• Refinancings and recapitalizations for existing portfolio companies
• Syndication of multi-lender senior debt facilities

Additionally, through partnership with our Sponsor and Non-Bank Finance team, CIBC provides fund-level financing to our financial sponsors in the form of bridge lines and capital call facilities to assist with the working capital and cash management needs of the fund.

Transactions often involve private equity ownership, and borrowers range across industries including:

• Commercial Real Estate Transactions
• Hotel Acquisitions
• Multifamily properties
• Investment Residential Purchases and Luxury Homes (High Limits)
• Land
• Warehouse
• Office
• Healthcare
• Industrial Products
• Manufacturing
• Marketing and Media
• Retail
• Technology

Asset-based Lending

At EVO we believe your business deserves a unique banking relationship. Our experienced Asset-based Lending team specializes in crafting financing solutions specifically for clients whose best assets go beyond the balance sheet. We'll invest the time to understand your company so we can build a banking partnership that fits your business and delivers on your goals.

Financing solutions

EVO breadth of products and services specifically tailors to our middle market clients. Whether a multi-generational, family-owned business or a sponsor-owned business, our clients benefit from our ability to structure solutions beyond traditional asset values. The structure of Asset-based Lending solutions typically allows for higher leverage and more flexible covenant packages while the monitoring of collateral typically allows for greater access to liquidity. With direct lines of credit1 from $7.5 million to $50 million and syndication capabilities1 of over $150 million, we can help qualified companies secure financing for:

• Acquisitions and mergers
• Turnaround
• Recapitalization
• Inconsistent earnings history
• Balance sheet restructuring 
• Debtor-in-possession financing
• Capital expenditures

Recent transactions

Our asset-based lenders understand the challenges facing middle market business owners and executives. We take the time to get to know you, your business and what matters most to provide customized solutions and advice your business deserves. Since 2009, the Asset-based Lending team has extended over $2 billion in asset-based commitments across 31 states.

U.S. Commercial Real Estate

EVO offers a national banking platform for dynamic real estate professionals and institutional investors through our commercial real estate teams1. We specialize in client-focused relationships, not just transactions. Our lenders combine creative solutions with extensive market expertise to develop long-term partnerships. The result is custom financing* options tailored to the operational needs and strategic goals of our clients.

Lending Solutions

Property-Level Bridge Financing

Construction Financing

Subscription Lines of Credit

Structured Debt

Commercial Mortgage-Backed Securities

Homebuilder Financing

Our Partners

Our team of professional relationship managers understands complex financing requirements of our real estate clients, and leverages the breadth of our organization to provide additional services, including:

WHAT IS 100% COMBINED LOAN TO VALUE (CLTV)

Thinking outside of the Box.

What does LTV and CLTV mean and what are the Differences?

When you are applying for a mortgage for your personal residence you will often hear the term LTV, Loan to Value.

If you are a Real Estate Investor looking to buy Investment properties, you may or may not have heard of the term CLTV, Combined Loan to Value.

If you aren't familiar with these terms, you should make yourself familiar. They impact your loan eligibility, and at LTV Lender we will define each term and help you the client understand how they affect your ability to get financing.

LTV

The term LTV, stands for Loan to Value ratio. It is the percentage of the money borrowed compared to the value of the property you are buying or own. For example, if you borrow $250,000 on a property that has a appraised value of $500,000, you would have a 50% loan to value ratio. The more you borrow the higher the ratio.

Loan amount/Purchase price = Loan to Value Ratio

The ratio directly affects your loan eligibility. Most loan programs have a maximum LTV they allow. The following are the most common:

* Conventional - 97%, in some cases 97%, but most often 95%

* FHA - 97.5%

* USDA - 100%, sometimes 115%

* VA - 100%

As shown above, the USDA and VA loans don't require any money down. You can borrow the full amount of the purchase price. Many times, you may even go higher than 100% LTV if you are rolling the funding fee into the loan. Most other programs will require some type of down payment, for example the FHA will require a 3.5% down payment.

A Conventional loan allows 3-5% down in most cases, but you'll then pay Private Mortgage Insurance. Private Mortgage Insurance, also know as PMI, is required unless you put at least 20% down with traditional financing. With less then a 20% down payment you can expect this insurance to be part of your mortgage payment.

CLTV

The term CLTV, stands for Combined Loan to Value Ratio. This term refers to all loans on the property. For example, if you have a 1st mortgage and a home equity line of credit, combined they both make up the CLTV.

First mortgage + second mortgage = Total mortgages

Total mortgages/Value of the property = CLTV Combine-Loan-To-Value

CLTV applies to situations where you are taking out a 2nd loan such as a home equity line, or with LTV Lender when you are a investor you might be requesting on a purchase the seller carry a 2nd loan seller carry-back. Most home equity loans don't allow a CLTV higher than 85% at the most. This leaves 15% equity in your home. Traditional lenders use this threshold because holding a 2nd mortgage carries more risk than holding a primary mortgage. This is because primary mortgages are paid first in the case of a default. The first mortgage holder receives the full amount of what is owed. The remaining funds go to the 2nd lienholder.

Call Edward Voccola, LLM at 617.233.5555, 646.342.4963, EMAIL: [email protected]

EVO is a privately held national funding firm specializing in all aspects of the capital stack. Many of our funding options are fast, flexible and reliable. Our process is designed to be simple and efficient. This includes an expedited approval process, ability to close quickly and most importantly, certainty of execution. EVO Capital’s lending loan programs offers competitive terms with a high degree of flexibility, which allows us to structure loans creatively and provides our borrowers with a broader offering of financing options. We lend on all property types including specialty assets. In addition, we are not confined geographically, as we have the ability to lend in all 50 states — primary, secondary and tertiary markets. As a Funder, all of EVO'c loans or equity are underwritten and processed Quickly . We value and develop productive relationships with our clients to provide innovative lending strategies that best suit our borrowers’ needs. Efficient Process, Reliable Execution ? Acquisitions ? Refinance / Pay-Downs ? Redevelopment / Renovation ? Pre-Stabilized / Lease-Up ? Ground Lease Buy-Out ? Recapitalization ? TI’s / Build-Outs ? Quick Close ? Sponsor Credit Concerns ? Partner Buy-Out ? Properties with Cannabis Use ? Cancelled Bank / CMBS ? Re-Traded Loan Terms ? Repositioning / Value-Add Commitments / forward rate contracts on multifamily. The terms listed above are general. EVO, offers a high degree of flexibility and we are able to customize and structure each loan to meet the particular needs of our borrowers. GENERAL LOAN PARAMETERS Property Types: All commercial RE property types including specialty assets Loan Size: $200K –$250MM+ Interest Rate: 3.25%%–12% fixed Fees: 1%–4% Term: 6-24 months or greater term loans to 30 years with extension options Amortization: Interest-only Loan to Value/ Up to 75%–85% LTV Loan to Cost: Up to 100% for build-outs, TI’s and redevelopment Coverage: 1.20x–1.30x using actual debt service (no stress test) Prepay: No prepayment penalty Recourse: Recourse and non-recourse are available Markets: Nationwide – primary, secondary and tertiary markets Security Position: Senior secured interest Edward Voccola, LLM CEO of Edward Voccola & Co. LLC 617.233.5555 or 646.342.4963, [email protected]

We run a discreet, competitive, relationship-driven process and provide highly customized solutions, speed of execution, reasonable fee structures, and a collaborative approach.

About Edward Voccola & Co. LLC- Edward Voccola, LLM

Edward Voccola & Co. LLC is a Boston -New York City-based real estate Funding firm focused on debt and equity investment strategies. Founded in 2001, EVO focuses on multifamily, retail, office, industrial and hotel sectors. The firm primarily serves client funding needs in the United States, Canada, Latin America, UK , EU countries, Caribbean island utilizing a global investor base consisting of corporate and public pension funds, sovereign wealth funds, university endowments, foundations, fund of funds, family offices, and high net worth individuals. EVO is across all real estate investment, development, and property management disciplines. Debt strategies include construction and acquisition lending, special situation financing and debt acquisitions; equity real estate strategies include opportunistic and value-add investments business funding as well as ground-up development. Among other industry recognitions, EVO has been named to the Top 10 Commercial Real Estate Funders prestigious “Top 10” list of Nationwide real estate players and is consistently cited as one of the industry’s top construction , acquisition , and development funders.

For Further Information , please contact Edward Voccola, LLM at 617-233-5555 or 646-342-4963, or EMAIL [email protected]