Innovative Financing For Michigan’s Healthy Food Projects Michigan Good Sample Terms Loan Amount: $250,000 to $6,000,000+ Food Fund Term: Up to 10 years The Michigan Good Food Fund is a new public- Payments: Payments vary based on loan type. Your loan officer can provide final details private partnership loan fund that provides financing based on individual circumstances. to food enterprises increasing access to healthy Examples include: food, spark economic development, and create jobs. Leverage loans: Interest only Facility/mini-perm: P&I (15-20 year amortization) Through this unique program, Capital Impact Partners Equipment loans: 7-year fully amortizing offersdirect financing to food enterprises that grow, process, distribute, and sell healthy food that Interest Rate: Rate fixed at closing, indexed to reaching low-income populations across Michigan. benchmark. Rate resets may apply. Fees: Origination fee of 1.25% Key Features: Purpose: Financing of community or economic Mission-driven lending initiative designed to development projects that increase finance projects that increase access to healthy access to healthy foods and jobs for food for Michigan’s children and families low-income populations. Real estate acquisition Financing solutions tailored to Construction and property improvement meet individual project needs Equipment purchase Expertise working with both single-site Collateral: Up to 90% LTV on real estate, operators and large multi-site organizations business assets considered Low transaction costs Corporate and/or personal guarantees may be required We invite you to apply for a loan through Financing subject to underwriting approval. Capital Impact Partners. DELIVERING HEALTHY FOOD IMPACT TO UNDERSERVED COMMUNITIES To learn more about how we can help you, contact Nicholas Pohl | [email protected] | 313.230.1255 Whatever your financing need CAPITAL IMPACT HAS DONE IT Supporting projects that increase access to fresh, healthy foods and help people live HEALTH FOOD FINANCING healthier lives is critical to Capital Impact Partners’ investment and social impact strategy. Healthy Food Deals Loan Amount Impact Expansion of locally More than just investors, Imperial $5.7 Million New Markets Tax Credit owned grocery store we see ourselves as partners. Fresh Markets Detroit, MI financing and$3.4 in African American Together with the Fair Food Network and Million leverage loan neighborhood Michigan State University Center for Regional Acquisition and Food Systems, the fund partners provide a L.A. Prep $11 Million range of services that foster Michigan’s good Los Angeles, CA leverage loan into renovation of food New Markets Tax hub and healthy food food future: Credit financing incubator Providing loans for acquisition, new Intermediary lending Feed the Hunger $100,000 construction, equipment, inventory, to micro-lender working capital, and other needs, either Foundation financing San Francisco, CA supporting small food directly or through intermediary lenders. enterprises Training entrepreneurs in a range of Facility improvement Liberty’s $350,000 business services to take their ventures supporting youth job- Kitchen financing to the next level and build a pipeline of New Orleans, LA training and healthy investment-ready enterprises. meals for schools Expansion of family- Learn more about the Michigan Good Food Northgate $20.1 Million New Markets Tax owned grocery chain Fund at: www.MIGoodFoodFund.org González Markets Southern California Credit financing to servicing primarily 3 grocery stores Latino neighborhoods Healthy Food Financing Supports Our Larger Vision Capital Impact Partners champions social and economic justice for underserved communities, transforming them into communities of opportunity that foster good health, economic opportunity, and interconnectedness. Through mission-driven lending, incubating social impact programs, impact investing, and policy reform, we partner with local communities to help create equitable access to health care and education, healthy foods, affordable housing, and dignified aging for those most in need. 2.7 MILLION 265,000 1.1 MILLION 15,000 38,000 870,000 PATIENTS STUDENTS PEOPLE ELDERS AFFORDABLE HOUSING COOPERATIVE CUSTOMERS receiving health care at in 259 high-quality with access to healthy aging in their community units in 250 served by 221 541 community health centers charter schools food from 88 local retailers through 190 communities communities Co-op businesses WE HAVE DEPLOYED OVER $2.7 BILLION TO SERVE NEARLY 5 MILLION PEOPLE AND CREATE MORE THAN 38,000 JOBS IN SECTORS CRITICAL TO BUILDING EQUITABLE COMMUNITIES www.capitalimpact.org.