GREGORY SHELBY

DALLAS, TX (USA)
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TRANSFER SOLUTIONS

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Location: DALLAS
Industry: Transportation
Year Founded: 2003
Number Employees: 1-10 people
Description: EXECUTIVE SUMMARY Greetings: Thank you for considering Transfer Solutions in your portfolio of companies. We have been working diligently to get to this point and wanted to share a bit about our company, credentials, and services. Company History Transfer Solutions is a Texas-based limited liability corporation founded by Greg Shelby in 2003 for transportation capacity and related services to shippers throughout the United States. Mr. Shelby holds the majority of all outstanding shares while brother and co-founder Tim Shelby retains a minority stake. Both are willing to relinquish a portion of our shares for equity funding purposes through. It was originally established as Associated Transfer in 2001. The company operates in accordance with industry norms and strives to be one of the 50,000 long distance trucking companies in the nation that generate average annual revenues of $2.7 million in a year. Plan of Action Transfer Solutions (Borrower) is seeking a loan at 65.5% to 75% loan to value (LTV) plus closing costs with a ten percent (10%) return to the Lender. The Borrower will simultaneously give Lender a 30 day letter of credit (LOC) from UBS or Chase Bank NYC to cover the principle, interest and closing costs. This will be done at closing. The Borrower will use the proceeds from the funding to purchase (not lease) a Bank Instrument two times the value of the property. After the Instrument is secured, the bank will forward the LOC to closing and hypothecate the Instrument. Lender will on the 30th day return the Deed(s) to the Borrower free and clear of any liens. Properties of Interest The four properties of interest are located in Texas in the cities of Houston, Sugar Land, and Dallas. #1 - Houston, Texas is a 4 Class B Property Office Building that is 6 stories high. The interior and exterior was remodeled in 2000. It has a combined approximate value at $24.5 million. It is in good condition and is currently 64% leased. #2 - Houston, Texas is a 174,000 square foot property building that has 3 stories. It was built in 2007. It has an approximate property value of $31.5 million that is 100% leased. #3 - Sugar Land, Texas is a 489,000 square foot Class A Manufacturing Building that is 1 story high. It was built between 1995 and 1997. It has an approximate property value of $34.0 million. The building is currently 100% leased. It is in good condition. #4 - Dallas, Texas is a 255,000 square foot Class B Property that includes a 8 story and another 3 story building in a prime location. It has an approximate property value of $45.0 million. It was built in 1979. It is in good condition and 100% leased. Repayment Terms Summary Grid Houston #1 Houston #2 Sugar Land Dallas Value of Property $24,500,000 $31,500,000 $34,000,000 $45,000,000 LTV% 65.5% 65.5% 65.5% 65.5% LTV Amount $16,047,500 $20,632,500 $22,270,000 $29,475,000 3% Closing Costs 3% 3% 3% 3% Estimated Closing Costs $481,425 $618,975 $668,100 $884,250 Requested Amount to Borrow $16,528,925 $21,251,475 $22,938,100 $30,359,250 10% Return to Lender 10% 10% 10% 10% Amount to Lender $1,652,893 $2,125,148 $2,293,810 $3,035,925 Total Repayment to Lender $18,181,818 $23,376,623 $25,231,910 $33,395,175 Next Action Steps Transfer Solutions is making an economic impact on our local area. The greatest advantage to operating in Texas is its tax breaks. As we continue to grow, we are open to working with you in the best possible way to create a win-win for all involved. I look forward to hearing your feedback and insight. I can be reached by phone at (Phone # removed)during normal business hours or by email (URL removed). An alternative email is (URL removed). Again, I thank you for your time and consideration in this matter. Kind regards, The Lender will have double collateral in this transaction. we are seeking 106 million backed by 30day Loc and Title to property. Please contact us asap! if you can assist.