Investment Structure

Below is an example of our Target Mezzanine Structure:

Security: Secured/Unsecured

Cash interest rate: 12% - 14%

PIK interest rate: 2% - 3%

Closing fee: 2%

Ownership: 5% - 15%

Term: 4-6 years

Board rights: Observation/BOD seats

Expected return (gross): 17% - 19%