MANAGEMENT TEAM

ERIC J. BARASH is President and Chief Executive Officer of the Company and Managing Director of Indirect Relationships. Mr. Barash founded and operated General Interlease Corporation ("GIC") from 1983 to 1996 when GIC was sold to First Sierra Financial, Inc. Mr. Barash developed a highly successful equipment lease financing company which acted as the financial arm of numerous manufacturers and distributors nationwide. He has been active in the major equipment leasing and finance industry associations and has a well-earned reputation for the highest integrity. From 1996 to 1999 Mr. Barash was the Senior Vice President of Marketing for First Sierra. In 1999 he formed Performance Capital, a financial solutions provider to customers of manufacturers and distributors as well as financial institutions nationwide. Mr. Barash is a partner and director of Brewco Motorsports, Inc with two full-time Nascar Busch Series teams, Trans-Lite Trailers, LLC and Motorsports Management, LLC.

Mr. Barash has served as Vice President, Secretary and Director of the Eastern Association of Equipment Lessors, as Florida Regional Chair of the United Association of Equipment Lessors and on several committees of the Equipment Leasing Association. Mr. Barash is a graduate of Long Island University, C. W. Post College with a BS in Economics and Marketing and has a law degree from the University of Miami.

DANIEL R. DENGATE, Executive Vice President-Sales & Marketing. Mr. Dengate is responsible for all sales channels for the Company. His background encompasses revenue and profit growth, new market development, sales training and team leadership. Most recently, Mr. Dengate was Senior Vice President at American Express Business Finance (the successor to First Sierra Financial, Inc.) to join the Company. Previously he was Vice President and a partner at GIC. Mr. Dengate’s dynamic sales management career has been highlighted by double-digit revenue and profit growth within intensely competitive markets. He combines skills in negotiating, astute sales and market planning, consistent success in building key account relationships, developing top-producing field sales teams, and outperforming sales goals and objectives. Mr. Dengate holds a BS in Marine Science, Chemistry and Physics from the University of Tampa.

MARTIN SHAMES is Executive Vice President & Chief Financial Officer of the Company. Mr. Shames served as Group Vice President, Chief Financial Officer & Treasurer and Director of Master Lease Corporation, a major national small-ticket, vendor-oriented equipment leasing company, from 1981 to 1988. Since that time Mr. Shames has been a principal and co-managing director of Kropschot Financial Services, a leading financial services advisory firm, where he was directly involved in the sale of more than 25 equipment leasing companies (including GIC), prepared valuations, fairness opinions and residual valuation studies on leasing companies. His clients have included international, national, regional and community banks, independent leasing companies, captive leasing companies, vendor groups and investment bankers.
Mr. Shames has a BS degree in Economics and Finance and an MBA in Accounting from New York University and was a member of the Advanced Management Program at Northwestern University.