Tax Credits

Tax Credits

Overview

As part of Banc of America Public Capital Corp (BAPCC), a wholly owned subsidiary of Bank of America N.A., T ax Credits originates, invests in and syndicates tax credits associated with a wide range of

tax-driven transactions such as Housing, Historic, New Markets and various other markets. By acting as an arranger, placement agent and investor, the group can present all the alternatives for a tax credit purchase and provide the optimal solution.

Sales and Distributions (using Merrill Lynch, Pierce, Fenner & Smith Incorporated licenses) Federal

All types of affordable housing credits

State credits

Renewable

Housing

Film

Donation

Various others

Investor notes

Investments

Affordable housing (with investment grade guarantees)

Production credits (wind, geothermal)

Equipment Sales and Dispositions

Overview

We maintain an inventory of equipment which has been returned at lease-end and made available for

sale.

We also maintain source lists of buyers by equipment type and will inform buyers by email when equipment becomes available.

Please browse our current listings to see the wide variety of equipment currently being offered for sale. Browse our equipment for sale >

Capital Market Activities

Syndications

We work closely with our sales teams to provide a flexible, solutions-oriented approach to meet your equipment financing needs. Our investors include foreign and domestic banks and bank leasing companies, commercial finance companies, insurance companies and independent lessors. Our principal products are single investor tax leases, term loans, leases intended for security, non-tax operating leases, and multi-party participations (tax and non-tax).

Lease Syndications

Our Lease Syndications team distributes a wide spectrum of transactions from commercial, large corporate, vendor, and corporate aircraft businesses.

Healthcare, Government and Energy Services Syndications

Our Healthcare, Government and Energy Services Syndications team distributes both taxable and

tax-exempt transactions from the healthcare, government and energy markets.

Global Portfolio Trading and Acquisitions

Our Global Portfolio Trading and Acquisitions team manages our portfolio of leases, striving to maximize the value of the portfolio and diversify concentrations through timely divestitures and restructurings that take advantage of secondary markets and changes in the leasing landscape. The team also evaluates third-party portfolios for potential acquisition and frequently provides partnership, securitization, and structuring expertise to our marketing groups for new product development and structuring around an issuer's unique objectives. Portfolio management services and other structural solutions are also available to third party lessors as alternatives to an outright portfolio sale.

Indirect Originations

Our Indirect Originations team seeks opportunities to purchase or participate in single investor transactions ranging in size from $1 million to $50 million. Our sources include national and regional bank

leasing companies and commercial finance/leasing companies. Principal products are single investor tax leases, term loans, leases intended for security, non-tax operating leases, and multi-party participations (tax and non-tax).

Investment Management

We offer portfolio management and servicing of lease portfolios to companies who no longer desire to increase the highly structured transaction segment of their leasing business. You may choose this service if you hold a portfolio of seemingly illiquid investments and would like to benefit from our state-of-the-art origination, servicing, syndication and work-out expertise with structured lease assets. Our portfolio management solution can provide you with an outsourcing alternative tailored to your needs and leveraged off the scale and specialized leasing and product expertise we offer as an organization committed to the origination and syndication of lease assets.