TERM LOAN AGREEMENTTerm Loan Agreement • August 15th, 2007 • Capsource Financial Inc • Services-miscellaneous equipment rental & leasing • Minnesota
This TERM LOAN AGREEMENT is entered into as of August 10, 2007, between CapSource Financial, Inc. a Colorado corporation (“Borrower”), Randolph M. Pentel, an individual residing in Minnesota (“Guarantor”) and Whitebox Intermarket Partners, L.P., a British Virgin Islands limited partnership (“Lender”).
PERSONAL GUARANTYPersonal Guaranty • August 15th, 2007 • Capsource Financial Inc • Services-miscellaneous equipment rental & leasing • Minnesota
WHEREAS, pursuant to that certain Term Loan Agreement to be dated August 10, 2007 between Whitebox Intermarket Partners, L.P., a British Virgin Islands limited partnership (“Lender”), and CapSource Financial, Inc., a Colorado corporation (“Borrower”), a copy of which is attached hereto as Exhibit A, Lender has agreed to loan to Borrower the sum of One Hundred Fifty Thousand Dollars ($150,000) (the “Loan”); and
