WHAT WE DO?

• Svalbard Capital Fund is a private real estate lender specializing in lending on non-owner-occupied properties and primarily to fix & flip borrowers in New Jersey and Pennsylvania.

• Our borrowers are typically experienced contractors and seasoned real estate professionals. Our clients purchase homes in need of repair, fix them up and sell them in the open market. Sometimes, our borrowers, following the completion of the rehab, will refinance the property with a traditional lender and will rent the property to a tenant.

• Svalbard Capital Fund only does first lien loans to non-owner-occupied and non-tenanted properties.

• We underwrite the asset using a proprietary credit policy with a focus on the After Rehab Value(ARV) with particular attention to the credit quality and experience of the sponsor. Moreover, we evaluate multiple exit strategies prior to originating the loan.

WHAT WE DELIVER?

• Svalbard Capital Fund seeks to deliver double digit returns to our investors, mitigating any potential downside and protecting principal by hard collateral – real estate.

• Unlike other private credit operators, we have a unique and distinct approach to achieve results:

            - Underwriting discipline and focus on credit quality

            - In-house construction professionals able to evaluate viability of any project

            - Exit strategy is a part of our underwriting process

            - We are vertically integrated. In an unlikely case the borrower is not able to finish the project, we can take over and see it to completion

• Pennsylvania and New Jersey represent the Fund’s principal markets, with expected expansion into Florida, North Carolina and South Carolina in Q4 of 2025. Our focus is on the states that have a legal framework where lenders have an expedited process to take over the asset in the event of borrower default. We also focus on geographies and MSAs where real estate prices are insulated from wide swings.

WHY SVALBARD CAPITAL FUND?

• Regional banks still participate in some asset-backed lending, but their focus has shifted to accommodate the regulatory pressure and improve capital levels, leaving “near-bank” borrowers seeking private credit.

• Single-family and work-force housing demand is expected to continue outpacing available supply. Even elevated mortgage rates are not likely to deter buyers of homes that are priced at or below $750,000 in the markets we target.

• Private credit, such as Svalbard Capital Fund, is now filling the gaps that regional and community banks have vacated. In this space, speed to market matters. We are able to go from term sheet to funding in 7-10 days. Even those banks that are still lending are unable to originate at comparable speed.

WHAT DIFFERENTIATES SVALBARD CAPITAL FUND?

• Managed by a team with many decades of real estate experience as lenders, owners and operators. The founders have previously provided ~$500 million of capital to fix & flip lenders as well as those focused on other asset classes.

• The primary focus is asset quality, values(As Is and After Rehab) and borrower experience.

• We lend only in markets we view as attractive and where the judicial process is quick and favors the lender. For example, we do not lend in New York.

• We do nor originate loans for sale and service all our underlying loans and see them to maturity. We want our borrowers to be successful, because we prefer repeat business to new.