Financial Results

Amid a period of industry decline, First American had continued profitable growth in 2009 as the result of the considerable discipline we have exercised over the years. We focus exclusively on providing high-quality equipment leasing and financing services to stable and sophisticated corporate borrowers. In today’s economic environment, this discipline benefits our customers more than ever.

• In 2009, First American Equipment Finance was ranked for the 6^th consecutive year as one of the Top 100 largest equipment finance/leasing companies (out of more than 4,200) in the United States by both New Business Volume and Net Assets. (Monitor ranking)

• First American grew its business in 2009 as more and more companies relied on First American for their unique financing needs.

• We service 100% of our leases from start to finish. Our financial stability ensures that our clients will work with First American throughout the lease process.

• First American Equipment Finance has been profitable for the past 10+ years and our financial results are audited by KPMG, LLC.

• Our portfolio performance has been strong and our credit losses are below industry averages reported monthly by the Equipment Leasing and Finance Association Monthly Leasing and Finance Index (MLFI-25).

• By focusing only on equipment leasing and finance, we have not been distracted by challenges facing other areas of financial services. This has enabled us to passionately focus on our service and project management capabilities.

Despite the turbulent marketplace, First American Equipment Finance remains strong and committed to serving our customers' equipment leasing and financing needs.