AMERIFUND • Single Tenant Financing

No Loan-to-Cost Restriction 1.00-1.05 Debt Coverage Up to 100% Loan-to-Value (Leased Fee Value)

MINIMUM FINANCING AMOUNT: MAXIMUM FINANCING AMOUNT: TENANT RATING or FINANCIALS:  LEASE TERM:  DEBT COVERAGE (min.): LOAN-TO-COST: LOAN-to-VALUE: AMORTIZATION: LOAN TERM: FIXED RATES: FINANCE FEE: RECOURSE: CONSTRUCTION-TO-PERM FINANCING:

$10 million $300 million+ If rated, minimum “BB+” (for industrial), “BBB-“ (other types) If unrated, tenant must have a minimum of $150 million of annual Net Income After Taxes Works best on 10, 15 and 20+ year leases 1.00 (triple net leases) 1.05 (double net or gross leases) No restrictions. Up to 100% of leased fee value (LTV has never come into play on past financings) Fully amortized with lease term remaining. Up to 1-5 years over the lease term remaining if there is sufficient “Go-Dark” Value. Equal to the lease term Generally 150-200 basis points over the Interpolated US Treasury Yield (depends on tenant credit, financials, industry and lease) 1% Non-recourse, standard carve-outs Available with recourse during construction, then non-recourse after completion and tenant’s acceptance.