AFC First's EnergyLoan - a National Leader in Energy Efficiency Lending

Highlights

• The energy efficiency home improvement segment is fast growing with estimates that 10% of all homeowners will make an energy related improvement each year.

• Founded in 1947, AFC First is a specialty lender which has focused on the residential energy market since 1999.

• AFC has over 1,000 approved EnergyLoan contractors (Heating, Cooling, Remodeling and Alternative Energy) in eleven states from Maine to Virginia.

• The EnergyLoan program focus on improvements from $1,000 to $15,000 with an average loan of $6,000. These amounts fall into a consumer’s “twilight” zone” - too big for a credit card, too small for a home equity loan.

• Since 2003 AFC’s EnergyLoan volume has increased by 172% with a 42% increase from 2006 to 2007.

• In 2006 the Pennsylvania Treasury Department made a $20 million commitment to AFC to create the Keystone Home Energy Loan Program, the state’s official ENERGY STAR financing plan with AFC First as the exclusive lender.

• AFC currently services nearly 3,000 customers and $12 million in loans, projected to grow to over 12,000 customers and $64 million in 5 years.

• AFC is one of only 3 FannieMae Energy efficiency lenders in the nation and the only one based in the Northeast U.S., and is the endorsed lender for many utilities, trade associations, manufacturers and energy related organizations.