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Twin Cities Community Capital fund i .x -f Attachment A 9 MIR - - -_ - -- C About About the Fund Partners Find -ink the right financing to meet- the needs of a growing business can be very Board of Directors challenging. Banks and other commercial lenders may not always be able to offer the type of financing that businesses need without the. participation of another lender. That's where Staff the Twin Cities Community Capital. Fund comes in. Project Financing The TCCCF is a nonprofit economic development loan fund that offers customized, Examples flexible financing solutions to fit most bu- siness needs. Our long- terra, subordinated, fixed - rate loans, which are available in select Twin Cities communities, are made in partnership w1th local banks, other commercial lenders and our member economic d:eveiopment organizations. When we work with business owners and their banker, our goal is to help put together a complete financing package that meets everyone's needs. "Commercial lending is a vary competitive business, especially in the Twin Cities. Lenders that partner with TCCCF carp gain a competitive edge, bn'ng additional capital to deals, and best serve the interest of their cus-tomers. rr -Paul Rebholzr Vice President Wells Fargo, Minneapolis We always have money to lend. The TCCCF is a self - sustaining economic development financing resource. Recapitalization of the Loan Fund is through the sale of pre - approved loans to a specialized. nation -al secondary market. Our loans are structured to best meet the needs of our members, our borrowers, and participating lenders. Of course, one of the primary considerations for our borrowers and members is hour the secondary market will price the loan. The actual price to be paid for TCCCF loans is determined before a final loan com m itm -ent is made. If the price offered by the market is discounted, from par value (which only occurs when the member wants to offer below market rate financing to a borrower), the TCCCF member is responsible for funding the difference between par value and the loan sale price. There is no cost to members when loans are sold at par value. As a result of our relationship with the market, the TCCCF loan pool is continually recapitalized and our members are able to originate an unlimited number of business loans in their communities. 'With a TCCCF loan, we are able to finance small business deals that otherwise would not be possible. The Fund consistently delivered on its proposal, prompting us to continue to look for partnership opportunities with TCCCF. it -Roger Hamilton, President Anchor Bank, Eden Prairie With a TCCCF loan you can finance: o Fixed assets, including land and building purchases. o Building construction (permanent financing only). a Leasehold improvements and building renovations. a Machin -err and equipment purchases, renovation, and moving expenses. o Working capital (when- secured. by fixed assets - -with a fixed repayment schedule). e Restructuring of exf sti ng debt. h-ftp://www.tcccforg/about tcccf cfm 6/11/2008