Financial Structure

Sale Lease Back/Plus is a new patent pending financial structure offering a new and better solution for corporate off-balance sheet financings; an intelligent alternative to sale-leaseback (and synthetic lease) real estate transactions. Sale Lease Back/PlusTM is a financial product of Goldberg, Allen, Lane, & Lothrop, Inc. and Lease Back Partners LLC.

Sale Lease Back/Plus provides a structure unavailable elsewhere in the market. It has clear and distinct economic and operational advantages, which permits the Seller/Lessee to:

• Achieve off-balance sheet financing for the transaction by obtaining operating lease treatment;
• Realize a substantially lower cost of funds than a traditional sale-leaseback transaction through lower equity return requirements and the Company (“A+”) regaining ownership after the land lease;
• Realize 100% of sale proceeds of assets in Year 1, versus 70%-80% in typical mortgage proceeds;
• Realize complete control of property during the long-term leaseback through the bondable lease status; and
• Choose whether or not extend the lease at the end of the base term due to the bondable lease status.