7.  What specific benefits are there to working with Nola Capital?
Our clients can shift over to us a great deal of the time and effort associated with sourcing the financing necessary to
complete a particular project.  We also assist clients in structuring deals so they best meet everyone’s objectives.  In
our consulting work, we help the client identify both short term and long term solutions to their business problems while
identifying new opportunities to lower costs, increase revenues and position them for future growth.

8.  What do you require for an initial review of a project?
We are very selective in what projects we will accept.  A thorough study will be made of a project before we will consider
entering into an Engagement Agreement.  An executive summary or complete business plan is what we normally need to
get a feel for the project.  Financial modeling, an explanation of any technology involved and other specialized information
is also helpful in our initial review.  

9.  Will you consider projects that have been turned down by other funders?
Yes.  We will require an explanation of what the reasons were for you being turned down and who has previously looked at
your project but we understand that even some good projects have problems getting off the ground.

10.  Do you do a lot of due diligence?
Yes.  We can not help you if you are not able to provide complete information on a timely basis.  We also require
information be presented in an organized, professional package supported by high quality data that does not require an
inordinate amount of time trying to put all the pieces together and backed up with a commitment from the client that they
will stay focused.  We have a great deal of respect for our clients and their time and we ask them to respect the work load
we are carrying too.   

11.  Do you ever provide venture capital?
Yes.  However, startups requiring equity capital and/or debt financing must be very strong candidates for alternative
capital financing.

12.  What type of compensation do you receive at closing?
We charge industry-standard cash fees at closing.  In some projects we take a portion of our compensation as a revenue
participation in the project.  Any revenue participation, if applicable to a particular project, is paid out of ongoing
operations after the closing.

13.  Are you saying that your firm may be willing to accept the risk that a project will be a successful venture
after it is funded?
Yes, absolutely.

14.  Why are you willing to take these risks?
First, it gives us credibility that we are serious about our ability to perform. Second, it assures clients that we are only
interested in high quality projects because our livelihood is dependent on their success.  And third, we can increase our
long-term revenues by participating in a venture after it is funded.

15. When do you get paid your success fee?
It is paid at the time a client’s project is funded.

16. What size of project do you prefer?
Most projects are at least $10 Million.  We will go as low as $5 Million in special circumstances for some traditional projects
and as low as $1 Million for water projects.

17. What types of projects are you interested in doing?
We will look at any project that is legal and makes good business sense.  The project may even be in an area currently out
of favor for traditional financing.  We particularly like non-investment grade water projects that have future potential and
provide a needed service to their communities.

18. What types of projects are you not interested in doing?
Projects that are politically controversial.

19. How would we get started with you?
You first need to educate us on the background, size and type of project you are interested in doing.  All information
submitted to us must be in an electronic format.  We do not accept fax copies or hard copies of documents.  All
information must be emailed only in Word, PDF, Excel or PowerPoint.  Uncommon file extensions that require specialized
software will be rejected because they are too difficult to share.

20. Do you help revise our package if necessary?
We can make recommendations that will help you get it into a format that is acceptable for inclusion in the Master File
which is used for underwriting a financing request.  Similar work is done for a client when we are acting as a consultant on
a project.  You should always rely on your accountant for pertinent tax advice and your attorney for pertinent legal advice.

21. Can you assist us in negotiations with our current lenders?
Yes.  Performing this service is sometimes possible in situations where the client is in a bind because their current lender
is pressuring them to make substantial changes in their current facility or completely pay it off.  The capital markets can
sometimes be accessed and the existing facility be extinguished with a new round of financing.

22. Do you provide a confidentiality agreement?
It is no one else's business what you are doing and you deserve an ironclad assurance that your business information will
remain absolutely confidential.   Your business with us is strictly private; our Non-Disclosure Agreement and our
Engagement Agreement both prohibit us from disclosing your name and information to anyone else.

23. How do you prefer to communicate with your clients?
Email is the best way to communicate because it is often faster than trying to track someone down for a telephone call
and there is a written record of what was discussed.  Phone calls can also be helpful but email is traditionally the preferred
method for communication.

24. Will you work with brokers?
We no longer accept any projects that are referred to us by brokers.  All projects must be submitted directly from the
principals.  

Q&A 9.7.2018
Nola Capital Corporation

1. Who is Nola Capital?
Nola Capital is a privately held corporate finance firm established in 1978 and we are specialists in alternative capital and
consulting services for strategic planning .  We have clients in a broad range of industries.  Depending upon a particular
project, we may act as a consultant, a table underwriter or a capital partner when funding private or public projects.
When acting as a consultant, we focus primarily on the financial goals of the client.  When acting as a table underwriter,
we conduct the due diligence required to analyze and underwrite a project and finance a project with or without the
participation of industry partners.  
2.  You have much more information on your website than other firms.  Why?
Because it saves time.  People can see what we do, what our general guidelines are and what they need to be able to do
in order to complete a funding.  We do not want to waste anyone's time or money.  We want to get projects successfully
funded.
3.  Where do you prefer your clients' projects be located?
We currently fund projects only in the United States.
4.  What do you do?
We direct capital into projects that can achieve specific objectives.  Only after a project receives our firm's approval is an
industry partner or our own resources used to complete the financing process.
5.  Who are your clients?
Our clients are individuals, companies and municipalities that are seeking capital.
6.  Do you accept new clients?
Our firm works almost exclusively with existing clients but we do accept a few high quality clients in the industries we
serve.  Most of our new clients come to us by referral from existing clients.  We also receive new clients from accountants,
attorneys, commercial bankers, corporate officers, industry partners and other professionals aware of our services.