Pecten Funding Home Membership Floating Rate Loan Information Collateral Site Real Estate Appraisal Environmental Assessment Loan Documentation Estimated Closing Costs Requesting Loan Application Information Contact Us Ask Pecten Funding

Collateral Site The initial step in the Pecten Funding Loan Application process assures that the proposed collateral property currently complies with the requirements of the Retail Facilities Standards Manual and Standard of Appearance Manual, the provisions of your Wholesale Marketer Agreement and is approved by Motiva or SOPUS, as a Shell branded site. The Collateral Site must have produced over the prior three consecutive years an average of (a) a minimum of 900,000 gallons/year of motor fuel sales if a site offered as collateral is located in a metropolitan area, and (b) a minimum of 650,000 gallons/year of motor fuel sales if the site is not located in a metropolitan area. Proposed sites to be constructed and sites which will be converted to Shell branded retail outlets must be projected to produce such levels of sales. For new sites and for those that have been opened less than 3 years, projections must be supported by an MPSI or analysis, or other supporting data if MPSI analysis is not available. Projections must be agreed to by Motiva or SOPUS as considered reasonable and attainable. Before a loan can be funded, Pecten Funding must obtain verification from Motiva or SOPUS that the proposed Collateral Site is a Shell approved branded site and the Wholesaler is in compliance with the provisions of the Wholesale Marketer Agreement. Floating Rate: 7.17 % The floating rate was posted on December 12, 2008 and is subject to change on a monthly basis. Please contact Pecten Funding to obtain interest rate pricing for loans to Wholesaler Supplied Dealers.