Global Resource Associates Inc.

Raising Funds for High-Return Projects Using a Triple-Net Operating Lease

Mission
To use our unique FasTrack™ sale-leaseback project financing service to assists our clients worldwide raise funds for new large-scale projects and business expansion by purchasing and leasing back the client’s existing fixed physical facilities.

The Opportunity
Clients use our financing group’s Sale-Leaseback Triple-Net Financing Program to free up funds invested in existing low-return fixed physical facilities in order to reinvest those funds in new high-return projects, business ventures, or other activities.

Sale-Leaseback
The sale-leaseback program is widely used in the United States and other countires to finance new capital projects and business expansion. The program has several unique benefits including no increase in the client’s balance sheet debt, no dilution of the client’s control over the business activity and profits, 100% financing from one source, and fast turn-around time.

The program may be used by corporations, developers, government agencies, or any entity that meets the program requirements. The physical facilities may be any type of infrastructure or real estate facility including power generating plants, large office complexes, toll roads and bridges, hospitals, water treatment facilities, airports, industrial estates, corporate headquarter buildings, large manufacturing plants, refineries, retail stores of a large chain store, and so forth.

How Sale-Leaseback Works

1. Purchase. Owner sells an existing real estate facility at true market value for a single cash payment.
2. Leaseback. Former owner leases back the existing facility for approximately 20-30 years, makes periodic lease payments, and pays tax, insurance, maintenance, and repair costs.
3. Financing. Former owner/lessee uses the cash payment from the sale of the existing facility to finance a new high-return project, to launch a business venture, or for any other purpose.
4. Option. At the end of the lease period, former owner/lessee has the option to renew the lease on the existing facility, purchase the existing facility back, or move the business activity out of the existing facility and terminate the relationship.

Program Requirements
Physical Facility. The existing real estate facility must have a market value of US$50 million or more.

Lease. There must be a single lessee, and the leaseback must be for a period of approximately 20 years.

Credit Rating. The credit rating of the lessee must be investment grade for long-term debt (or there must be credit enhancement). The investment grade credit rating must be issued by Standard & Poor’s, Moody’s, or Fitch Ratings. Credit enhancement may be obtained from a bank, insurance company, or other entity with an investment grade credit rating for long-term debt.

To Inquire
Additional information and a proposal will be provided to pre-qualified parties. To inquire, please provide the following information.

1. Contact. Name, title, company, mailing address. Telephone, fax, email address, and website.
2. Existing Facility. Approximate market value for land and improvements. Facility type, age, useful life. Location city, state, and country. Entity owning the land. Entity owning the improvements.
3. Lessee. Name of entity that will lease back the facility. Portion of the facility to be subleased.
4. Credit Rating. Rating of lessee for long-term debt issued by Standard & Poor’s, Moody’s, or Fitch Ratings. If no credit rating, please explain any credit enhancement that will be obtained.

Submit the Sale-Leaseback Standard Inquiry Form or contact: W. Gary Winget, Vice President; Global Resource Associates Inc.; 26 E. Exchange Street, Suite 405; Saint Paul, MN 55101, USA. Fax +1-651-222-5263. Email WGW@FasTrack-Global.com.