The means to make your business vision a reality.
U.S. Bank Structured Capital Group has given businesses across the country the means to explore and expand ripe business opportunities. With over $2 billion in asset-based, leveraged finance and structured cash flow credit facilities we have the strength and stability to also offer your business the loan it needs to break down boundaries.

What we offer.
U.S. Bank Structured Capital Group offers loans between $5 and $35 million, and we're able to syndicate loans up to $150 million. Our borrowers are generally manufacturers, distributors, select retail, and service-related entities with annual sales ranging from $20 million to over $200 million. Full range of Cash Management Services to complement your financial needs.

Expanding opportunities, building relationships.
Before we administer your business's loan we assess your needs, and then customize a financial and banking structure that will help you reach your goals. And when you sign on the dotted line the service doesn't stop. From the first payment to the last, you can count on U.S. Bank for fast and accurate responses to your inquires and concerns. We guarantee it.

Transaction/Credit Details
Below is an overview of the services provided by U.S. Bank Structured Capital, plus credit criteria and portfolio profile.

Transaction Types

1. Acquisition financing for management led or buying group led leveraged buyouts.
2. Corporate acquisitions where the assets of either the acquirer and/or the target are used as collateral to provide acquisitions.
3. Growth financing where a rapidly growing company's need to grow current assets outstrips its capacity to support that growth.
4. Turnarounds on a selective basis, exhibiting the following characteristics:
   1. Entrepreneurial management with a proven record of accomplishment in successful turnaround management.
   2. Turnarounds based upon documented, controllable cost reductions.
   3. Business viability after cost reduction is reasonably assured coupled with sufficient liquidity.
   4. Turnaround candidate either is a major factor, or operates in a defensible niche in its industry or marketplace.
   5. Financings are fully collateralized.
5. ESOP leveraged buyouts where tax advantages are created.^*
6. Debtor In Possesion (DIP).

Credit Criteria
We focus on characteristics that include:

• Business viability under a relevant range of economic scenarios
• Management experience
• Track record and flexibility
• Market leadership or defensible niche
• Technology sensitive
• Cash flow and collateral coverage
• Adequate corporate finance alternatives
• Leverage and liquidity appropriate to future business requirements
• Detailed, credible business plans and financial projections

Loan Maturities

1. Current asset-based revolvers from one to three years.
2. Machinery and equipment-based term loans up to seven years.
3. Real estate term loans up to fifteen years. In special instances where warranted by strong underlying credit quality, a real estate term loan may be written for a ten-year maturity with a longer amortization schedule. Maturity always tied to Revolver Contract.

Asset-based Advance Rates

1. Receivables - Up to 90% of eligible accounts.
2. Inventory - Up to 75% of lower of cost or market. Eligible inventory will generally be confined to readily and widely marketable raw materials, work-in-process and finished goods.
3. Machinery - Normally from 75% to 80% of the forced or orderly liquidation value based upon recent appraisal by an appraiser acceptable to U.S. Bank.
4. Real estate - Normally from 50% to 80% of the fair market value based upon a recent MAI appraisal acceptable to U.S. Bank.
5. Going concern value - We may, in carefully selected instances where a borrower exhibits strong and stable historical coverage of pro forma interest expense, debt service and other fixed charges, and where such values are demonstrably marketable, give consideration to orderly "in-place", "value in use", or "going concern" values.
6. Capex Lines - Up to 75% of original (new) hard equipment costs.

Structured Cash Flow Loans

1. Available in selected situations where target business exhibits strong and stable historical cash flow coverage of historical/pro forma interest expense, debt service and capital expenditure needs.
2. Amount/Amortization may vary with predictability and strength of historical cash flow and capital structure of target borrower.

^*U.S. Bank is not a tax advisor. When it is appropriate, you are encouraged to seek professional tax advice.