McPherson Commercial Capital

Mr. McPherson formed McPherson Commercial Capital, d/b/a MC Capital, LLC, in June of 2002, in order to provide funding solutions and business planning assistance to a variety of businesses. Previously, Mr. McPherson was Vice President Equipment Finance for Captec Financial Group responsible for overseeing the equipment leasing and financing activities of the company. From 1982 until 1994, Mr. McPherson was Credit Manager, Senior Account Manager, and then Vice President responsible for equipment financing. From 1994 until mid 2000 he was a Regional Vice President responsible for the development and maintenance of lending relationships with franchisees and franchisors of a variety of restaurant concepts. Prior to joining Captec, Mr. McPherson was a Vice President-Commercial Loans for two banks where he managed loan portfolios and developed new commercial loan and deposit business. In his various positions Mr. McPherson has been responsible for profitability and planning for the various profit centers he managed. Mr. McPherson earned both BBA and MBA degrees from the University of Michigan.

	Our History
	The company was formed in mid-2002 and has successfully provided financing products and services to a variety of businesses, including chain restaurant operators, and to other franchised and non-franchised businesses. Capitalizing on management’s 30 years in financing businesses of all types, 20 years in equipment financing and over 15 years in providing equipment, real estate and acquisition financing to chain restaurants and other franchised businesses, MCC offers our clients effective funding solutions. Customers include business owners, a variety of businesses in different industries, restaurant operators, franchisors and certain other franchised businesses requiring funds for new units, reimaging, acquisitions, or refinancing of the business to optimize capital efficiency. Solutions can take the form of loans, leases, and in selected cases, subordinated and mezzanine debt and equity. Depending upon the customer’s circumstances, equipment financing can be arranged as either a loan or as a capital or operating lease. Current and completed projects, among others, include a lease of an HDTV transmitter to a television station, multi-unit operating lease of equipment for a large franchisee of a QSR concept, new unit and reimage financing for a 10-unit QSR franchise, new unit equipment financing for a casual restaurant operator, arranging and structuring the refinancing for a small regional chain. Other projects include arranging the refinance of an environmental laboratory, development of a refinancing plan for a heating and cooling contractor and assisting a two unit independent restaurant operator in refinancing its existing operations and in financing the opening of a new unit.
	Management
	William McPherson - Managing Director Mr. McPherson formed McPherson Commercial Capital, d/b/a MC Capital, LLC, in June of 2002, in order to provide funding solutions and business planning assistance to a variety of businesses. Previously, Mr. McPherson was Vice President Equipment Finance for Captec Financial Group responsible for overseeing the equipment leasing and financing activities of the company. From 1982 until 1994, Mr. McPherson was Credit Manager, Senior Account Manager, and then Vice President responsible for equipment financing. From 1994 until mid 2000 he was a Regional Vice President responsible for the development and maintenance of lending relationships with franchisees and franchisors of a variety of restaurant concepts. Prior to joining Captec, Mr. McPherson was a Vice President-Commercial Loans for two banks where he managed loan portfolios and developed new commercial loan and deposit business. In his various positions Mr. McPherson has been responsible for profitability and planning for the various profit centers he managed. Mr. McPherson earned both BBA and MBA degrees from the University of Michigan.