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Renaissance Capital Division

The Renaissance Capital Division remains our most active and highest volume area of business. Therefore, we have added considerable Capital to handle these transactions. The consortium now includes individual, private, and Institutional Capital in amounts from $5.0 MM to $500.0 MM both domestically and overseas. These funds are available for any investment grade/principle protected transactions including:

This capital remains extremely popular due to the 25 to 1 leverage it provides for certain investment transactions.

Money For Rent Division:

The original sector of the company founded in 1957 continues to go strong. In fact, due to rising loan to deposit ratios at many institutions, we are seeing a rise in the number and size of transactions. Have you seen the ads recently for banks offering cars for people who open certain size depository accounts? Banks need deposits more than ever to make loans. If you have clients with a bankable loan and offer the bank a compensating balance deposit to ensure it is funded, this is a great marriage. Although the majority of the requests we see are from $100,000.00 to $5,000,000.00, we are currently seeing many in the $10,000,000.00 and up arena.

As a side note, we have four MFR deposit transactions that just rolled over for the 12th year in a row. This has provided a great annuity for the Agent(s) involved.

The most recent development to dramatically affect our Money For Rent Program was the extension of the Emergency Economic Stabilization Act which gives depositors up to $250,000 of FDIC insurance coverage until December 31, 2013. This change makes it much easier and faster to complete larger transactions.

If you have a relationship with a bank and they need deposits, do not hesitate to call us. These deposits do not need a transaction associated with them. Although we focus primarily on compensating balance deposits in our literature, we do make straight brokered deposits into banks. In fact almost all banks in this country are now carrying some level of brokered deposits.

Summary:

If you have any questions on any funding request please do not hesitate to call us (either Jim in the California Office: 951-277-1526 or Sherm in the Arizona Office: 928-286-9095). We look forward to hearing from you and completing some profitable business.

Please also send us updates on any address or phone changes you may have so we may keep our records accurate.