Centerpoint Financial Needs Help in Funding Approved Deals     June 10, 2002

CapitalWerks, LLC is interested in reviewing all approved backlog at

Centerpoint to provide a temporary funding solution.  All transactions will

require the following:

Minimum 13.55% Yield to CW based on "Risk Adjusted Pricing"

Maximum 10 points paid to origination source

Re-documented on CW-Preferred one page lease

Brokered Only-Discounting with Hold-back available

Hard copy Centerpoint approval.

Minimum SBSS score of 190

Site inspection

Minimum two advance payments

Interim rent billed from D & A date

Clean D & B report with an absence of suits, liens, & judgments

We are not currently accepting broker business but will provide this as a

one time solution to your subscription base. I hope this will relieve some

of the frustration of losing another industry resource. 

Jim Raeder JRaeder@preferredlease.com

(According to a memo from Centerpoint Financial, they are unable to fund

deals approved.  Leasing News will print all those funders who may be able

to help. editor )