THIS TERM SHEET IS NOT AN OFFERING TERM SHEET IS FOR DISCUSSION PURPOSES ONLY
CRA Fund Amount:
US$50,000,000.00
Minimum Investment: $5,000,000.00, per qualified investor
Qualified Investors:
Nationwide financial institutions that are subject to the Community Reinvestment Act are the presumed qualified investors in CRA Fund sponsored by NPIC EDC, INC.
CRA Fund Manager:
NPIC EDC, INC.
Ninoos Y. Benjamin, Chief Lending & Administrative Officer
Paul Pastore, Chief Underwriter & Transaction Structuring
Melva Benoit, Director of investors Relations
Gerardo C. Lopez, Director of Asset Management & Compliance
Sargis Khaziàn, Treasurer
Funds Deployment:
CRA Fund will provide secured loans to small businesses as per loan guidelines incorporated herein.