World Wide Funding Direct

TO ALL BROKERS

FUNDING STRUCTURE AMENDMENT

FEBRUARY 2010

All outstanding Funding Agreements at the end of the Banking Day, February 12, 2010, which do not have their

Collateral Instruments in place and or, in process, will be cancelled.

Effective February 15, 2010 all Funding Applications will be subjected to the following process:

a) Business Plan Submissions

1) Must have fully documented Business Plan, to include all relevant details on the proposed transaction.

2) Must include fully outlined Use of Funds Statement, along with all other Financial Data pertinent to the

transaction.

b) Letter of Offer

Upon the review and evaluation of the application, a Letter of Offer will be issued if; in our opinion the project

is viable and can justify the loan requirement and indicators point to the repayment potential:

c)Acceptance by Client

If the applicant is accepting the Letter of Offer and wants to be funded, then the following documentation and

structure must be in effect within Eight (8) business days after the issuance of the LOO.

1) Acceptance letter on the applicant’s Official Stationary.

2) Letter from Bank, (confirmable through an attorney) indicating that the bank will be able to issue the

appropriate Collateral Instrument on behalf of the client.

3) Where we are doing a “bundle”, the client must transfer to their attorney’s escrow the cost of the Bundle and

a copy of the Escrow Receipt attached.

d) Collateral Requirement

Additionally, the minimum “Collateral Support” (CS) for Funding Application will be as follows:-

a) Real Estate and applications with Real Estate related activities, ten percent (10%) of the requested funding

value but no less than US$1.50M per transaction

b) Moving Assets, Yachts, Aircrafts as example, CS of twelve and one half percent, (12.5%) of the requested

value or a minimum of US$1.00M whichever is greater

c) All other applications, inclusive of movies and musicals, CS of twelve one half one percent, (12.5%) or Two

Million Dollars, US$2.00M, whichever is greater.

e) Bundle

We will allow for the Bundling of several applications, (three or more). When that happens,

the Applicants MUST be prepared to utilize what is outlined in “item d” herein.

For those loan applications that we are now in the middle of completing, we will not disturb. Therefore, we will

continue to make the effort at completion. On Monday, we will formally advise all the other applicants, that,

they have until February 12, to provide their Collateral Support or, the executed agreement between

themselves and our funding facility will become null and void!

We are fully aware that not all applications will ever be funded. Our intent, however, is to ensure that, as

Brokers, your efforts and energy are rewarded at the end of the period. We are confident, that there are many

viable applicants, irrespective of the pre-requisites that will be able to provide the necessary loan support to

ensure that our efforts are in the right direction.

We are looking forward to a long term relations between you and us that generates a vibrant, successful and

financially rewarding future!

Contact us today!
We welcome your questions and queries. Please see our Contact Page.... or for urgent business....

Gerry Ranslem

World Wide Funding Direct

cell (402)-560-4999

email.. gerryranslem@worldwidefundingdirect.com

website: www.worldwidefundingdirect.com