Exhibit 99.1

Gemino Healthcare Finance, LLC

and Subsidiary

Consolidated Financial Statements

December 31, 2016 and 2015



---

Gemino Healthcare Finance, LLC and Subsidiary



Table of Contents

December 31, 2016 and 2015



|                                                     |  |      |   | 
|---------------------------------------------------- |  | ---- | - | 
|                                                     |  | Page |  
|Independent Auditors Report                         |  |      | 1 | 
|                                                     | 
|Consolidated Financial Statements                    |  |      |   | 
|                                                     | 
|Consolidated Balance Sheet                           |  |      | 3 | 
|                                                     | 
|Consolidated Statement of Operations                 |  |      | 4 | 
|                                                     | 
|Consolidated Statement of Changes in Members Equity |  |      | 5 | 
|                                                     | 
|Consolidated Statement of Cash Flows                 |  |      | 6 | 
|                                                     | 
|Notes to Consolidated Financial Statements           |  |      | 7 | 



---

LOGO



| |  |  |  |  |  |                                                                                                                                                       
| |  |  |  |  |  | ------------------------------------------------------------------------------------------------------------------------------------------------------
| |  |  |  |  |  | Baker Tilly Virchow Krause, LLP
1650 Market St, Ste 4500 Philadelphia, PA 19103-7341
tel 215 972 0701 tel 800 267 9405
fax 888 264 9617 bakertilly.com

Independent Auditors Report

Board of Managers

Gemino Healthcare Finance, LLC

We have audited the accompanying consolidated financial statements of Gemino Healthcare Finance, LLC and Subsidiary, which comprise the consolidated balance
sheet as of December 31, 2016 and 2015, and the related consolidated statements of operations, changes in members equity, and cash flows for the years then ended, and the related notes to the financial statements.

Managements Responsibility for the Financial Statements

Management is responsible for the preparation and fair presentation of these consolidated financial statements in accordance with accounting principles
generally accepted in the United States of America; this includes the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of consolidated financial statements that are free from material
misstatement, whether due to fraud or error.

Auditors Responsibility

Our responsibility is to express an opinion on these consolidated financial statements based on our audits. We conducted our audits in accordance with auditing
standards generally accepted in the United States of America. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the consolidated financial statements are free from material misstatement.

An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the consolidated financial statements. The procedures
selected depend on the auditors judgment, including the assessment of the risks of material misstatement of the consolidated financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal
control relevant to the entitys preparation and fair presentation of the consolidated financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the
effectiveness of the entitys internal control. Accordingly, we express no such opinion. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by
management, as well as evaluating the overall presentation of the consolidated financial statements.

We believe that the audit evidence we have obtained
is sufficient and appropriate to provide a basis for our audit opinion.



|     |  |   |  |                                                 
|---- |  | - |  | ------------------------------------------------
|LOGO |  | 1 |  | An Affirmative Action Equal Opportunity Employer



---

Opinion

In
our opinion, the consolidated financial statements referred to above present fairly, in all material respects, the financial position of Gemino Healthcare Finance, LLC and Subsidiary as of December 31, 2016 and 2015, and the results of their
operations and their cash flows for the years then ended in accordance with accounting principles generally accepted in the United States of America.



LOGO

Philadelphia, Pennsylvania

February 14, 2017



2



---

Gemino Healthcare Finance, LLC and Subsidiary



Consolidated Balance Sheet

December 31, 2016 and 2015



|                                                                                |  |      |             |   |      |   |             |  
|------------------------------------------------------------------------------- |  | ---- | ----------- | - | ---- | - | ----------- | -
|                                                                                |  | 2016 |             |   | 2015 |  
|Assets                                                                          |  |      |             |   |      |   |             |  
|                                                                                |  |     
|Assets                                                                          |  |      |             |   |      |   |             |  
|Cash and cash equivalents                                                       |  | $    | 14,990,039  |   |      | $ | 6,751,322   |  
|Loans receivable, net of allowance of $1,001,079 and $1,194,676, respectively   |  |      | 92,863,789  |   |      |   | 116,689,953 |  
|Accrued interest receivable                                                     |  |      | 736,095     |   |      |   | 902,137     |  
|Intangible assettrade name                                                     |  |      | 2,800,000   |   |      |   | 2,800,000   |  
|Goodwill                                                                        |  |      | 5,663,531   |   |      |   | 5,663,531   |  
|Furniture and equipment, net                                                    |  |      | 23,702      |   |      |   | 26,588      |  
|Deferred financing costs, net                                                   |  |      | 1,324,312   |   |      |   | 741,256     |  
|Other assets                                                                    |  |      | 88,390      |   |      |   | 103,055     |  
|                                                                                |  |      |             |   |      |   |             |  
|Total assets                                                                    |  | $    | 118,489,858 |   |      | $ | 133,677,842 |  
|                                                                                |  |      |             |   |      |   |             |  
|Liabilities and Members Equity                                                 |  |      |             |   |      |   |             |  
|Liabilities                                                                     |  |      |             |   |      |   |             |  
|Credit facility payable                                                         |  | $    | 83,000,000  |   |      | $ | 98,500,000  |  
|Accounts payable and accrued expenses                                           |  |      | 1,793,277   |   |      |   | 1,997,910   |  
|Accrued dividend payable                                                        |  |      | 581,370     |   |      |   | 558,187     |  
|                                                                                |  |      |             |   |      |   |             |  
|Total liabilities                                                               |  |      | 85,374,647  |   |      |   | 101,056,097 |  
|                                                                                |  |      |             |   |      |   |             |  
|Members Equity                                                                 |  |      |             |   |      |   |             |  
|Units, $1,000 par value, issued and outstanding 34,893 and 34,843, respectively |  |      | 33,918,486  |   |      |   | 33,867,146  |  
|Retained deficit                                                                |  |      | (803,275    | ) |      |   | (1,245,401  | )
|                                                                                |  |      |             |   |      |   |             |  
|Total members equity                                                           |  |      | 33,115,211  |   |      |   | 32,621,745  |  
|                                                                                |  |      |             |   |      |   |             |  
|Total liabilities and members equity                                           |  | $    | 118,489,858 |   |      | $ | 133,677,842 |  
|                                                                                |  |      |             |   |      |   |             |  

See notes to consolidated financial statements



3



---

Gemino Healthcare Finance, LLC and Subsidiary



Consolidated Statement of Operations

Years Ended December 31, 2016 and 2015



|                                                             |  |      |            |   |      |   |            |  
|------------------------------------------------------------ |  | ---- | ---------- | - | ---- | - | ---------- | -
|                                                             |  | 2016 |            |   | 2015 |  
|Interest Income                                              |  |      |            |   |      |   |            |  
|Interest income on loans                                     |  | $    | 9,641,138  |   |      | $ | 8,737,635  |  
|Interest expense                                             |  |      | (3,378,279 | ) |      |   | (3,148,749 | )
|                                                             |  |      |            |   |      |   |            |  
|Net interest income                                          |  |      | 6,262,859  |   |      |   | 5,588,886  |  
|                                                             |  |     
|Credit (Provision) for Loan Losses                           |  |      | 193,597    |   |      |   | (44,558    | )
|                                                             |  |      |            |   |      |   |            |  
|Net interest income after credit (provision) for loan losses |  |      | 6,456,456  |   |      |   | 5,544,328  |  
|Other Income                                                 |  |      | 3,633,196  |   |      |   | 3,636,566  |  
|General and Administrative Expenses                          |  |      | (5,527,594 | ) |      |   | (5,299,772 | )
|                                                             |  |      |            |   |      |   |            |  
|Net income                                                   |  | $    | 4,562,058  |   |      | $ | 3,881,122  |  
|                                                             |  |      |            |   |      |   |            |  

See notes to consolidated financial statements



4



---

Gemino Healthcare Finance, LLC and Subsidiary



Consolidated Statement of Changes in Members
Equity

Years Ended December 31, 2016 and 2015



|                                 |  |   |            |  
|-------------------------------- |  | - | ---------- | -
|Balance at December 31, 2014     |  | $ | 32,317,933 |  
|Additional capital contributions |  |   | 141,546    |  
|Dividends declared               |  |   | (3,718,856 | )
|Net income                       |  |   | 3,881,122  |  
|                                 |  |   |            |  
|Balance at December 31, 2015     |  |   | 32,621,745 |  
|Additional capital contributions |  |   | 51,340     |  
|Dividends declared               |  |   | (4,119,932 | )
|Net income                       |  |   | 4,562,058  |  
|                                 |  |   |            |  
|Balance at December 31, 2016     |  | $ | 33,115,211 |  
|                                 |  |   |            |  

See notes to consolidated financial statements



5



---

Gemino Healthcare Finance, LLC and Subsidiary



Consolidated Statement of Cash Flows

Years Ended December 31, 2016 and 2015



|                                                                                  |  |      |             |   |      |   |            |  
|--------------------------------------------------------------------------------- |  | ---- | ----------- | - | ---- | - | ---------- | -
|                                                                                  |  | 2016 |             |   | 2015 |  
|Cash Flows from Operating Activities                                              |  |      |             |   |      |   |            |  
|Net income                                                                        |  | $    | 4,562,058   |   |      | $ | 3,881,122  |  
|Adjustments to reconcile net income to net cash provided by operating activities: |  |      |             |   |      |   |            |  
|Depreciation                                                                      |  |      | 16,654      |   |      |   | 27,657     |  
|Amortization of discount on loans                                                 |  |      |            |   |      |   | (23,698    | )
|Amortization of deferred origination fees and costs                               |  |      | (539,072    | ) |      |   | (367,108   | )
|Amortization of deferred financing costs                                          |  |      | 289,745     |   |      |   | 269,547    |  
|(Credit) provision for loan losses                                                |  |      | (193,597    | ) |      |   | 46,785     |  
|Changes in assets and liabilities:                                                |  |      |             |   |      |   |            |  
|Decrease (increase) in accrued interest receivable                                |  |      | 166,042     |   |      |   | (17,786    | )
|Decrease (increase) in other assets                                               |  |      | 14,665      |   |      |   | (19,118    | )
|Increase in deferred origination fees and costs, net                              |  |      | 489,250     |   |      |   | 516,855    |  
|(Decrease) increase in accounts payable and accrued expenses                      |  |      | (204,633    | ) |      |   | 758,713    |  
|                                                                                  |  |      |             |   |      |   |            |  
|Net cash provided by operating activities                                         |  |      | 4,601,112   |   |      |   | 5,072,969  |  
|                                                                                  |  |      |             |   |      |   |            |  
|Cash Flows from Investing Activities                                              |  |      |             |   |      |   |            |  
|Decrease (increase) in loans receivable, net                                      |  |      | 24,069,583  |   |      |   | (4,660,729 | )
|Purchase of furniture and equipment                                               |  |      | (13,768     | ) |      |   | (15,023    | )
|                                                                                  |  |      |             |   |      |   |            |  
|Net cash provided by (used in) investing activities                               |  |      | 24,055,815  |   |      |   | (4,675,752 | )
|                                                                                  |  |      |             |   |      |   |            |  
|Cash Flows from Financing Activities                                              |  |      |             |   |      |   |            |  
|(Repayments) proceeds from credit facility, net                                   |  |      | (15,500,000 | ) |      |   | 3,500,000  |  
|Financing costs paid and deferred for credit facility                             |  |      | (872,801    | ) |      |   |           |  
|Dividends paid                                                                    |  |      | (4,096,749  | ) |      |   | (3,627,403 | )
|Proceeds from contributed capital, net                                            |  |      | 51,340      |   |      |   | 141,546    |  
|                                                                                  |  |      |             |   |      |   |            |  
|Net cash (used in) provided by financing activities                               |  |      | (20,418,210 | ) |      |   | 14,143     |  
|                                                                                  |  |      |             |   |      |   |            |  
|Net increase in cash and cash equivalents                                         |  |      | 8,238,717   |   |      |   | 411,360    |  
|Cash and Cash Equivalents, Beginning                                              |  |      | 6,751,322   |   |      |   | 6,339,962  |  
|                                                                                  |  |      |             |   |      |   |            |  
|Cash and Cash Equivalents, Ending                                                 |  | $    | 14,990,039  |   |      | $ | 6,751,322  |  
|                                                                                  |  |      |             |   |      |   |            |  
|Supplemental Disclosure of Cash Flow Information                                  |  |      |             |   |      |   |            |  
|Interest paid                                                                     |  | $    | 3,108,074   |   |      | $ | 2,867,907  |  
|                                                                                  |  |      |             |   |      |   |            |  

See notes to consolidated financial statements



6



---

Gemino Healthcare Finance, LLC and Subsidiary



Notes to Consolidated Financial Statements

December 31, 2016 and 2015



|1. | Description of Business
|-- | -----------------------

Gemino Healthcare Finance, LLC (Gemino), a Delaware
limited liability company formed in December 2006, is a commercial finance company that originates, underwrites, and manages primarily secured, asset-based loans for small and mid-sized companies operating
across the U.S. in the healthcare industry. Geminos loans are primarily in the form of revolving lines of credit, secured by accounts receivable of the borrowers. The accounts receivable serving as collateral are primarily third party
obligations from government payers, such as Medicare or Medicaid, and commercial insurers.

In certain cases, Gemino may provide senior
term loan financing to qualified borrowers in addition to a revolving line of credit. Senior term loans are typically secured by accounts receivable, all other assets of the borrowers and a pledge of the stock of the borrowers.

Gemino Healthcare Funding, LLC (Gemino Funding), is a wholly-owned special purpose limited liability company, that purchases and
holds certain eligible loans and related property from Gemino.

On September 30, 2013, Solar Senior Capital Ltd. (Solar),
a Maryland corporation, acquired the controlling interest in Gemino. The remaining interest is held by various employees of Gemino, through their investment in Gemino Management Investment, LLC.



|2. | Summary of Significant Accounting Policies
|-- | ------------------------------------------

Principles of Consolidation

The consolidated financial statements include the accounts of Gemino and Gemino Funding (collectively, the Company). All
significant intercompany balances have been eliminated in consolidation.

Use of Estimates

The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires
management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements and to report amounts of revenues and expenses
during the reporting period. Actual results could differ from these estimates. The allowance for loan loss represents an estimate that is particularly susceptible to material change.

Cash and Cash Equivalents

Cash and cash equivalents include funds deposited with financial institutions and short-term, liquid investments in money market accounts with
original maturities of three months or less.

Loans Receivable and Income Recognition

Loans receivable that management has the intent and ability to hold for the foreseeable future or until maturity or payoff are reported at
their outstanding unpaid principal balances less the allowance for loan loss and any deferred fees or costs.

Commitment terms of the
Companys financing agreements generally range from two to five years with interest charged on a floating rate basis. Funding under revolving loan commitments is subject to the Companys estimation of the accounts receivable pledged as
collateral.



7



---

Gemino Healthcare Finance, LLC and Subsidiary



Notes to Consolidated Financial Statements

December 31, 2016 and 2015



Income on loans receivable is recognized using the simple interest method. The accrual of
interest on loans is discontinued at the time the loan is 90 days delinquent unless the loan is well secured and/or in the process of collection. Typically, loans are placed on non-accrual or charged off at an
earlier date if collection of principal or interest is considered doubtful. When a loan is placed on non-accrual status, all interest previously accrued, but not collected, is reversed against current interest
income and all future proceeds received will generally be applied against principal or interest, in the judgment of management. Loans are returned to accrual status when all principal and interest amounts contractually due are reasonably assured.

Revolving loan origination fees and costs are deferred and amortized on a straight-line basis over the terms of the related loan
commitments as an adjustment to interest income on loans. Term loan origination fees and costs are deferred and amortized using either the effective interest method or the straight-line method over the life of the loan as an adjustment to interest
income. The straight-line method may be used for term loan facilities when it approximates the effective interest method. Other fees, such as collateral monitoring fees, unused balance fees and collateral examination fees, are recognized when the
services are provided. Termination fees are recognized when a loan is terminated. These other fees are included in other income.

Impaired Loans

A loan is
considered impaired when, based on current information and events, it is probable that the Company will be unable to collect all amounts due in accordance with the contractual terms of the loan agreement. Loans are evaluated for impairment by the
Company based on an ongoing analysis of each borrowers repayment capacity, the value of the collateral support and the strength of any guarantees. Loans identified as impaired are further evaluated to determine the estimated extent of
impairment.

Allowance for Loan Loss

The allowance for loan loss represents the Companys recognition of the assumed risks of extending credit. The allowance is maintained at
a level considered adequate to provide for probable losses inherent in the loan portfolio. Management establishes a general portfolio reserve for unimpaired loans based on various factors including historical loss experience, the overall credit
quality of the loan portfolio, economic trends and conditions and the regulatory environment.

The overall credit quality of the
Companys borrowers is reflected in the individual and weighted average credit risk ratings of the loans in the portfolio. Credit risk ratings for each borrower are established based on a number of qualitative and quantitative factors including
an assessment of management and strategy, historical and projected repayment capacity, collateral coverage and performance, financial condition and sponsorship, strength of guarantees and any contingencies.

Specific allowances for loan losses on impaired loans are typically measured based on a comparison of the recorded carrying value of the loan
to the present value of the loans expected cash flow using the loans effective interest rate, the loans estimated market price or the estimated fair value of the underlying collateral, if the loan is collateral-dependent combined
with the strength of any guarantee arrangements. Specific allowances are recorded when the discounted cash flows, collateral value, or aggregate market price of the impaired loan is lower than the carrying value of that loan.

Loans are charged off when collection is sufficiently questionable and when the Company can no longer justify maintaining the loan as an asset
on the balance sheet. Loans qualify for charge off when,



8



---

Gemino Healthcare Finance, LLC and Subsidiary



Notes to Consolidated Financial Statements

December 31, 2016 and 2015



after thorough analysis, all possible sources of collection are determined to be insufficient to repay the loan. These include impairment of potential future cash flow, value of collateral and/or
financial strength of guarantors. Recoveries of previous charge-offs are recorded when received.

Goodwill and Intangible Asset

Goodwill represents the excess of consideration paid for an acquired business over the fair value of the related assets acquired and
liabilities assumed. Intangible assettrade name has an indefinite life. Goodwill and intangible assettrade name arose from the acquisition of the Company on September 30, 2013 (Note 1). The Company is required to assess its goodwill
and indefinite-lived intangible asset for impairment annually, or more frequently if events or changes in circumstances indicate impairment may have occurred.

The Company assesses its indefinite-lived intangible asset for impairment by comparing the carrying value of the asset to its fair value, and
assesses goodwill for impairment by comparing the carrying value of the Company to its fair value. The fair value of intangible assettrade name is estimated using the relief from royalty method, which is an income approach based on the present
value of royalties the Company would theoretically have to pay to license the trade name from a third party. The fair value of the Company is estimated using a weighted average amount of the present value of expected future cash flows and the
adjusted market multiples of comparable companies. If the fair value is less than the carrying value, an impairment loss would be recorded. For the years ended December 31, 2016 and 2015, there were no impairments.

Furniture and Equipment

Furniture and equipment are recorded at cost, net of accumulated depreciation, and are depreciated on a straight-line basis over their
estimated useful lives ranging from three to five years.

Deferred Financing Costs

Deferred financing costs represents capitalized expenses incurred with debt financing transactions. The Company incurred and capitalized
$872,801 of deferred financing costs in 2016, in connection with its credit facility (Note 6). These costs are being amortized on a straight-line basis over the life of the related credit facility agreement as an adjustment to interest expense.

Income Taxes

The Company
is not subject to federal or state income taxes. Members of the Company have elected to report the taxable income or loss on their individual tax returns. Accordingly, no provision for income taxes has been recorded in the accompanying consolidated
financial statements.

The Company applies authoritative guidance relating to the accounting for uncertain tax positions. Accordingly, a
provision for uncertain tax positions and related penalties and interest is recognized when it is more-likely-than-not, based on the technical merits, that the tax position will be realized or sustained upon
examination. The term more-likely-than-not means a likelihood or more than 50%. A tax position that meets the more-likely-than-not recognition threshold is initially and
subsequently measured as the largest amount of tax benefit that has a greater than 50% likelihood of being realized upon settlement with a taxing authority that has full knowledge of all relevant information. The determination of whether or not a
tax position has met the more-likely-than-not recognition threshold



9



---

Gemino Healthcare Finance, LLC and Subsidiary



Notes to Consolidated Financial Statements

December 31, 2016 and 2015



considers the facts, circumstances, and information available at the reporting date and is subject to managements judgment. The Company files both federal and state income tax returns;
Gemino Funding is a disregarded entity for tax purposes. The Company is no longer subject to examination by taxing authorities for the years before January 1, 2013.

Recent Accounting Pronouncements

In May 2014, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2014-09, Revenue from Contracts with Customers (Topic 606) (ASU 2014-09). ASU 2014-09 provides a single comprehensive
revenue recognition framework and supersedes existing revenue recognition guidance. Included in the new principles-based revenue recognition model are changes to the basis for deciding on the timing for revenue recognition. In addition, the standard
expands and improves revenue disclosures. In August 2015, FASB subsequently issued ASU 2015-14, Revenue from Contracts with Customers (Topic 606): Deferral of the Effective Datewhich defers the
effective date of ASU 2014-09. After the deferral, ASU 2014-09 is effective retroactively for annual or interim reporting periods beginning after December 15, 2017,
with early adoption permitted for reporting periods beginning after December 15, 2015. The Company is currently evaluating the impact of adopting ASU 2014-09 on its consolidated financial statements.

In June 2016, the FASB issued ASU 2016-13, Financial InstrumentsCredit Losses (Topic 326)
to replace the incurred loss model, which is referred to as the current expected credit loss (CECL) model. The CECL model is applicable to the measurement of credit losses on financial assets measured at amortized cost, including loans
receivable and held-to maturity debt securities. It also applies to off-balance sheet credit exposures including loan commitments, standby letters of credit, financial
guarantees, and other similar instruments. For the assets within the scope of CECL, a cumulative-effect adjustment will be recognized in retained earnings as of the beginning of the first reporting period in which the guidance is effective. This new
standard will be effective for the Company for fiscal years beginning after December 15, 2019. The Company is currently evaluating the impact this new standard will have on its consolidated financial statements.



|3. | Loans Receivable
|-- | ----------------

The following table shows the composition of loans receivable, net as
of December 31, 2016 and 2015:



|                                              |  |      |            |   |      |   |             |  
|--------------------------------------------- |  | ---- | ---------- | - | ---- | - | ----------- | -
|                                              |  | 2016 |            |   | 2015 |  
|Revolving loans receivable                    |  | $    | 86,855,086 |   |      | $ | 109,717,445 |  
|Term loans receivable                         |  |      | 7,640,833  |   |      |   | 8,848,056   |  
|                                              |  |      |            |   |      |   |             |  
|Total loans receivable                        |  |      | 94,495,919 |   |      |   | 118,565,501 |  
|                                              |  |     
|Less allowance for loan losses                |  |      | (1,001,079 | ) |      |   | (1,194,676  | )
|Less deferred origination fees and costs, net |  |      | (631,051   | ) |      |   | (680,872    | )
|                                              |  |      |            |   |      |   |             |  
|Loans receivable, net                         |  | $    | 92,863,789 |   |      | $ | 116,689,953 |  
|                                              |  |      |            |   |      |   |             |  



10



---

Gemino Healthcare Finance, LLC and Subsidiary



Notes to Consolidated Financial Statements

December 31, 2016 and 2015



|4. | Allowance for Loan Losses and Recorded Investment in Loans Receivables
|-- | ----------------------------------------------------------------------

The following
table summarizes the activity in the allowance for loan losses by loan class for the respective years ended December 31, 2016 and 2015:



BeginningBalance


Charge-Offs


Recoveries


(Credit)Provisions


EndingBalance


EndingBalance:IndividuallyEvaluatedforImpairment


EndingBalance:CollectivelyEvaluatedforImpairmentAllowance for Loan Losses - December 31, 2016Revolving loans

$
1,106,195


$



$



$
(181,524
)

$
924,671


$
49,252


$
875,419Term loans


88,481











(12,073
)


76,408







76,408Total

$
1,194,676


$



$



$
(193,597
)

$
1,001,079


$
49,252


$
951,827Allowance for Loan Losses - December 31, 2015Revolving loans

$
1,043,131


$



$
2,227


$
60,837


$
1,106,195


$



$
1,106,195Term loans


104,760











(16,279
)


88,481







88,481Total

$
1,147,891


$



$
2,227


$
44,558


$
1,194,676


$



$
1,194,676


The following table summarizes the activity in the recorded investment in loans receivable by loan class
at December 31, 2016 and 2015:



|                |  |                                       |             |  |                                                 |   |        |                                                   |  |   |             | 
|--------------- |  | ------------------------------------- | ----------- |  | ----------------------------------------------- | - | ------ | ------------------------------------------------- |  | - | ----------- | 
|                |  | Ending Balance                        |             |  | EndingBalanceIndividuallyEvaluatedforImpairment |   |        | Ending BalanceCollectivelyEvaluated forImpairment | 
|                |  | Loans Receivables - December 31, 2016 |            
|Revolving loans |  | $                                     | 86,855,086  |  |                                                 | $ | 49,252 |                                                   |  | $ | 86,805,834  | 
|Term loans      |  |                                       | 7,640,833   |  |                                                 |   |       |                                                   |  |   | 7,640,833   | 
|                |  |                                       |             |  |                                                 |   |        |                                                   |  |   |             | 
|Total           |  | $                                     | 94,495,919  |  |                                                 | $ | 49,252 |                                                   |  | $ | 94,446,667  | 
|                |  |                                       |             |  |                                                 |   |        |                                                   |  |   |             | 
|                | 
|                |  | Loans Receivables - December 31, 2015 |            
|Revolving loans |  | $                                     | 109,717,445 |  |                                                 | $ |       |                                                   |  | $ | 109,717,445 | 
|Term loans      |  |                                       | 8,848,056   |  |                                                 |   |       |                                                   |  |   | 8,848,056   | 
|                |  |                                       |             |  |                                                 |   |        |                                                   |  |   |             | 
|Total           |  | $                                     | 118,565,501 |  |                                                 | $ |       |                                                   |  | $ | 118,565,501 | 
|                |  |                                       |             |  |                                                 |   |        |                                                   |  |   |             | 



11



---

Gemino Healthcare Finance, LLC and Subsidiary



Notes to Consolidated Financial Statements

December 31, 2016 and 2015



Credit Quality Indicators

The following table summarizes the loan portfolio by the Companys internal credit rating (scale: 1 to 7) as of December 31, 2016 and
2015: Loans with a rating of 4 or better generally pose minimal risk to the Company as they exhibit, among other things, one or more of the following attributes: (1) well-secured collateral position; (2) satisfactory cash flows; and
(3) history of timely payment of debt obligations. Loans credit rated below 4 are considered watchlist loans; an overall degree of risk exists with these loans that warrants managements review each quarter.



|                  |  |                   |             |  |            |   |           | 
|----------------- |  | ----------------- | ----------- |  | ---------- | - | --------- | 
|                  |  | December 31, 2016 |            
|                  |  | RevolvingLoans    |             |  | Term Loans |  
|                  |  |                  
|Rated 4 or better |  | $                 | 85,673,388  |  |            | $ | 7,640,833 | 
|Rated 5           |  |                   | 1,132,446   |  |            |   |          | 
|Rated 6           |  |                   | 49,252      |  |            |   |          | 
|                  |  |                   |             |  |            |   |           | 
|Total             |  | $                 | 86,855,086  |  |            | $ | 7,640,833 | 
|                  |  |                   |             |  |            |   |           | 
|                  | 
|                  |  | December 31, 2015 |            
|Rated 4 or better |  | $                 | 98,119,532  |  |            | $ | 8,848,056 | 
|Rated 5           |  |                   | 11,528,246  |  |            |   |          | 
|Rated 6           |  |                   | 69,667      |  |            |   |          | 
|                  |  |                   |             |  |            |   |           | 
|Total             |  | $                 | 109,717,445 |  |            | $ | 8,848,056 | 
|                  |  |                   |             |  |            |   |           | 



|5. | Furniture and Equipment
|-- | -----------------------

Furniture and equipment are comprised of the following at
December 31, 2016 and 2015:



|                                |  |      |         |   |      |   |         |  
|------------------------------- |  | ---- | ------- | - | ---- | - | ------- | -
|                                |  | 2016 |         |   | 2015 |  
|Computer software and equipment |  | $    | 65,345  |   |      | $ | 59,860  |  
|Furniture and fixtures          |  |      | 16,840  |   |      |   | 14,731  |  
|Leasehold improvement           |  |      | 12,026  |   |      |   | 12,026  |  
|                                |  |      |         |   |      |   |         |  
|Total                           |  |      | 94,211  |   |      |   | 86,617  |  
|Less accumulated depreciation   |  |      | (70,509 | ) |      |   | (60,029 | )
|                                |  |      |         |   |      |   |         |  
|Furniture and equipment, net    |  | $    | 23,702  |   |      | $ | 26,588  |  
|                                |  |      |         |   |      |   |         |  

Depreciation expense was $16,654 and $27,657 for the years ended December 31, 2016 and 2015, respectively.



|6. | Debt
|-- | ----

The Company had a four-year, non-recourse,
$110,000,000 secured revolving credit facility, which was expandable to $150,000,000 under its accordion feature. On May 27, 2016, the Company entered into a new $125,000,000 secured revolving credit facility with its existing lenders which
replaced the previously existing credit facility. The new credit facility has similar terms as compared to the previous credit facility, includes an accordion feature increase to $200,000,000 and has a maturity date of May 27, 2020. Under the
terms of the credit facilities, the Company has made certain customary representations and warranties, and



12



---

Gemino Healthcare Finance, LLC and Subsidiary



Notes to Consolidated Financial Statements

December 31, 2016 and 2015



is required to comply with various covenants, including financial and reporting requirements and other customary requirements for similar credit facilities. The credit facilities also include
usual and customary events of default for credit facilities of this nature.

Amounts available to borrow under the credit facilities are
also subject to compliance with a borrowing base that applies different advance rates to different types of assets in the Companys portfolio that are pledged as collateral. As of December 31, 2016 and 2015, there were principal borrowings
of $83,000,000 and $98,500,000 outstanding, respectively under the respective credit facilities. As of December 31, 2016 and 2015, there were approximately $113,031,000 and $119,571,000 of eligible loans and related security pledged as
collateral under the credit facilities, respectively.

Interest on the credit facilities accrues at a variable rate per annum of one-month LIBOR plus 2.60% and one-month LIBOR plus 2.75% as of December 31, 2016 and 2015, respectively (3.37% and 3.18% at December 31, 2016 and 2015,
respectively), payable monthly. The Company also pays customary loan fees for the credit facilities.



|7. | Commitments and Concentrations
|-- | ------------------------------

At December 31, 2016 and 2015, the Company has
committed facilities to its borrowers totaling approximately $186,360,000 and $188,254,000, respectively, of which approximately $91,864,000 and $69,688,000, respectively, was unused. Borrowers may borrow up to the lesser of (i) the committed
facility or (ii) the underlying collateral value multiplied by the advance rate. Of the unused committed facility amount at December 31, 2016 and 2015, borrowers could borrow up to approximately $22,064,000 and $20,076,000, respectively.

At December 31, 2016, the Company had one loan approximating 12% of the total loans receivable.



|8. | Lease Commitments
|-- | -----------------

The Company leases its headquarters, regional sales offices and
equipment under non-cancelable operating leases, which expire at various dates through 2020. As of December 31, 2016, future lease payments under non-cancelable
operating leases, are as follows:



|                          |  |   |         | 
|------------------------- |  | - | ------- | 
|Years ending December 31: |  |   |         | 
|2017                      |  | $ | 148,629 | 
|2018                      |  |   | 134,515 | 
|2019                      |  |   | 129,976 | 
|2020                      |  |   | 10,750  | 
|                          |  |   |         | 
|Total                     |  | $ | 423,870 | 
|                          |  |   |         | 

Total rent expense for all leases amounted to approximately $157,000 and $162,000 for the years ended
December 31, 2016 and 2015, respectively.



|9. | 401(k) Savings Plan
|-- | -------------------

The Company has a savings incentive plan covering substantially all
employees of the Company. Contributions are currently made by the Company in an amount equal to 100% of the first 5% of employee contributions after the employee has completed three months of continued employment. The Companys contribution for
the years ended December 31, 2016 and 2015 was approximately $144,000 and $139,000, respectively.



13



---

Gemino Healthcare Finance, LLC and Subsidiary



Notes to Consolidated Financial Statements

December 31, 2016 and 2015



|10. | Long-Term Incentive Plan
|--- | ------------------------

The Company has a Long-Term Incentive Plan (LTIP
Plan) that provides for an annual bonus pool to employees based on the Company achieving certain performance criteria. For the years ended December 31, 2016 and 2015, the Company has expensed approximately $167,000 and $131,000,
respectively for the LTIP Plan.



|11. | Fair Value Disclosure
|--- | ---------------------

Management uses its best judgment in estimating the fair value of
the Companys financial instruments; however, there are inherent weaknesses in any estimation technique. The estimated fair value amounts have been measured as of the Companys year-end and have not
been reevaluated or updated for purposes of these consolidated financial statements subsequent to that date. As such, the estimated fair value of these consolidated financial instruments subsequent to the reporting date may be different than the
amounts reported at year-end. These estimates are subjective in nature and include uncertainties and matters of significant judgment and, therefore cannot be determined with precision. Changes in assumptions
could significantly affect the estimates. There are three levels of inputs that may be used to measure fair values:

Level1: Quoted prices (unadjusted) for identical assets or liabilities in active markets that the entity has the
ability to access as of the measurement date.

Level2: Significant other observable inputs other than
Level 1 prices such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data.

Level3: Significant unobservable inputs that reflect a companys own assumptions about the assumptions that
market participants would use in pricing an asset or liability.

The following information should not be interpreted as an estimate of the
fair value of the entire Company, since a fair value calculation is only provided for a limited portion of the Companys assets and liabilities. The following methods and assumptions were used to estimate the fair values of the Companys
financial instruments as of December 31, 2016 and 2015:

Cash and cash equivalents  The carrying value approximates fair
value for cash and cash equivalents. (Level 1)

Loan receivables, net  Fair values for loans are estimated using market
interest rates currently being offered for loans with similar terms to borrowers of similar credit quality. (Level 2)

Accrued interest
receivable, accrued interest payable  Due to the short-term nature of these amounts, their carrying amounts approximate fair value. (Level 1)

Credit facility payable  The fair value of the credit facility payable is determined from market sources based on current interest
rates at the balance sheet date for borrowers with similar credit ratings as the Company. (Level 2)



14



---

Gemino Healthcare Finance, LLC and Subsidiary



Notes to Consolidated Financial Statements

December 31, 2016 and 2015



The estimated fair values of the Companys financial instruments as of December 31,
2016 and 2015 are as follows:



|                            |  |                |             |  |            |   |             | 
|--------------------------- |  | -------------- | ----------- |  | ---------- | - | ----------- | 
|                            |  | 2016           |            
|                            |  | Carrying Value |             |  | Fair Value |  
|Financial assets:           |  |                |             |  |            |   |             | 
|Cash and cash equivalents   |  | $              | 14,990,039  |  |            | $ | 14,990,039  | 
|Loan receivables, net       |  |                | 92,863,789  |  |            |   | 93,494,840  | 
|Accrued interest receivable |  |                | 736,095     |  |            |   | 736,095     | 
|                            |  |               
|Financial liabilities:      |  |                |             |  |            |   |             | 
|Credit facility payable     |  |                | 83,000,000  |  |            |   | 83,000,000  | 
|Accrued interest payable    |  |                | 243,645     |  |            |   | 243,645     | 
|                            | 
|                            |  | 2015           |            
|Financial assets:           |  |                |             |  |            |   |             | 
|Cash and cash equivalents   |  | $              | 6,751,322   |  |            | $ | 6,751,322   | 
|Loan receivables, net       |  |                | 116,689,953 |  |            |   | 117,370,825 | 
|Accrued interest receivable |  |                | 902,137     |  |            |   | 902,137     | 
|                            |  |               
|Financial liabilities:      |  |                |             |  |            |   |             | 
|Credit facility payable     |  |                | 98,500,000  |  |            |   | 98,500,000  | 
|Accrued interest payable    |  |                | 263,185     |  |            |   | 263,185     | 

Except for the loan evaluated individually for impairment (Note 4), at December 31, 2016, the Company had
no financial assets or liabilities measured at fair value on a nonrecurring basis.



|12. | Subsequent Events
|--- | -----------------

The Company evaluated subsequent events for recognition or disclosure
through February 14, 2017, which was the date the consolidated financial statements were available to be issued.



15