Amount Outstanding at

September 30,

December 31,

2014

2013

(In thousands)

Description

Interest Rate

Maturity

Warehouse lines of credit

5.73% over one month Libor (Minimum 6.73%)

March 2017

$

27,545

$

9,452

5.50% over one month Libor (Minimum 6.25%)

August 2017

31,897

–

Residual interest financing

11.75% over one month Libor

April 2018

12,767

19,096

Debt secured by receivables measured at fair value

n/a

Repayment is based on payments from underlying receivables. Final payment of the 8.00% loan was made in September 2013, with residual payments extending through 2016

3,170

13,117

Senior secured debt, related party

13.00%

n/a

–

37,128

5.00%

n/a

–

1,431

Subordinated renewable notes

Weighted average rate of 10.8% and 12.5% at September 30, 2014 and December 31, 2013, respectively

Weighted average maturity of May 2016 and July 2015 at September 30, 2014 and December 31, 2013, respectively

15,493

19,142

$

90,872

$

99,366