CALIFORNIA EVR/ISD UPGRADE FINANCING. The April 1, 2009 deadline is around the corner! FIRST STAR

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1 CALIFORNIA EVR/ISD UPGRADE FINANCING The April 1, 2009 deadline is around the corner!

2 First Star Capital can help with your state mandated equipment upgrade. Use a local company here in CA for your financing needs. Why work with a company based in the Midwest or on the East Coast? First Star is a full service direct lender in the equipment financing industry. We are known for our competitive and flexible financing options and have originated and funded transactions large and small for over a decade. There are many benefits to partnering with First Star for your EVR upgrade including: Local company with impeccable references 100% financing to include soft costs such as installation, permits, construction, etc. Low upfront costs and low monthly payments Attractive financing programs for a variety of credits No liens on land or second mortgages required Same day approvals for established companies Program available to jobbers and dealers In addition to being able to finance the EVR / ISD upgrade we can also offer financing for other retail petroleum equipment such as: Dispensers Point-of-Sale (POS systems Sinage Re-imaging / imaging upgrades Car wash systems Canopies C-store equipment (refrigeration, shelving, merchandising, etc.) Restaurant equipment Franchise required equipment Contact either Steve or Brad to get started on the EVR upgrade application: Steve Lee steve@firststarcapital.com Brad Harmon, CLP brad@firststarcapital.com P: F:

3 Number of Stations Subject to Phase II EVR Upgrade by April 2009 Air District Number of Stations Percent (in State) South Coast % Bay Area 28 18% San Joaquin % San Diego 843 7% 8 Districts 100 to % 18 Districts Less than 100 5% Total Districts = 30 11, % 80% 20% EVR Phase II Implementation in SCAQMD* as of June 1, 20 * South Coast Air Quality Management District % Permitted 11% Installed Feb April June Aug Oct Dec Feb April June Aug Oct Dec Feb 09 April 09

4 Certified Installation Contractors Number of Certified Contractors (individuals) Franklin/Healy (Phase II - assist) VST (Phase II - balance) Many gas station owners are delaying for some of the following reasons: Waiting on additional EVR systems to become available Thinking there is still plenty of time Thinking the deadline will be extended Thinking the deadline will not be enforced The reality is: Competing EVR systems wont be available until late 20 at the earliest Permitting and installation can take much longer than expected The deadline will not be extended There will be strict and expensive penalties for noncompliance There are several benefits to acting now including: Equipment and installation contractors are currently available o They are getting booked further in advance Save money costs are expected to rise as the deadline approaches o Equipment prices have already risen by 10% - 15% this year

5 CALIFORNIA GAS STATIONS Phase II Enhanced Vapor Recovery The April 1, 2009 upgrade deadline is around the corner! The state has mandated an equipment upgrade that will cost most gas stations $50,000 or more. Unfortunately this is not an acquisition that will increase your profitability or directly contribute to revenue generation. First Star has developed a simple to use lease to own program to help gas station owners here in CA obtain this required equipment. This gas station specific lease to own program will allow station owners to maintain state compliance without the large financial burden. This program is also structured to allow the tax write off of the entire purchase price under the enhanced section 179 parameters of the Economic Stimulus Act of 20. Please contact First Star Capital when you are ready to do the required upgrades at your gas station. The following people are knowledgeable and ready to work with you. Brad Harmon, CLP brad@firststarcapital.com Steve Lee steve@firststarcapital.com P: F: Benefits of Leasing Phase II EVR & ISD Equipment with First Star Capital Lease the entire system upgrade for as little as $700 - $1,300 per month. Low up front costs (typically less than 5% of the transaction amount.) Application only financing to $150, % Financing to include soft costs like installation, permits, construction, etc. No liens on land. Conserve working capital and bank lines. Same day approvals for established companies. Friendly and knowledgeable staff dedicated to great service and the ultimate success of our clients. Local company with impeccable references and the highest BBB rating possible. Contact First Star Capital today! For more information please visit:

6 EVR/ISD Upgrade Application 3050 Citrus Circle, Suite 222 Walnut Creek, CA P: F: CREDIT APPLICATION Lessee Company Information Tomorrow s Growth Today Full Legal Business Name Business Phone Number Business Fax Number Address (cannot be a P.O.Box) City State Zip Signer Title Years in Business Federal Tax ID Type of Business: Non-Profit Sole Proprietorship Partnership Corporation Personal Information on Owners / Officers / Guarantors Name Title SS# DOB Ownership % Home Address City State Zip Code Name Title SS# DOB Ownership % Home Address City State Zip Code Company Bank Information Name of Bank Checking Account Number Phone Number How long? Contact Officer Name of Bank Checking Account Number Phone Number How long? Contact Officer Lease / Loan References Creditor Original Amount Account Number Phone Number Contact Officer Creditor Original Amount Account Number Phone Number Contact Officer Landlord Information Rent Lease Own Landlord or Mortgagee Address Phone Number Equipment Description Type Model Year New/Used Declaration The above information, together with any accompanying financial statements, schedules, or other materials, is submitted for the purpose of obtaining credit and is to be true, correct and complete. First Star Capital is hereby authorized to investigate (directly or through an agent or nominee) our credit and financial responsibility. We understand that such investigation may include seeking information as to the background, credit and financial responsibility of our officers and principals (or any of them). We also warrant that we have never filed bankruptcy. Authorized Signature Date

7 Your California EVR upgrade representatives: Steve Lee Cell: Brad Harmon, CLP Cell: Phone: Fax: