Uni-Source Funding

Structured Credit Criteria

Fabrication Machines

Start-up Companies (Special Credit Criteria)

ü Favorable Credit Bureau Reports on principals (no adverse information)

ü Personal Financial Statement and 2 years of Tax Returns on the principals

ü Personal Guarantees from the principals almost always required

ü Written evidence of solid Industry Experience (e.g. copy of resume)

ü A minimum of 10% Down Payment is usually required

ü Business Plan and Financial Projections are desirable but not required

ü Evidence of Work Orders and Customers lined up

ü New equipment desirable – preferably with reputable vendors

Structured Transactions (Non-Standard)

ü Weaker Credits that require some form of Credit Enhancement

ü Examples would include Clients with following criteria:

· Weak Cash Flow, Negative Net Worth, High Leverage

· Unsatisfactory D&B or Personal CBR Credit Reports

· History of Collections, Judgments, Bankruptcy, Tax Liens, etc.

ü Examples of ways to enhance a Structured Transaction:

· Cross Collateral (other equipment, real estate, securities, etc)

· Standby Letter of Credit from client’s Local Bank

· First Loss Recourse from Manufacturer or Vendor

Semi-Conductor Machines

Your "One Stop" Shop in Equipment Financing