Use of Proceeds — Allencrest Credit Funding LLC

Capital Deployment

Senior credit to support the Allencrest platform.

Proceeds from the Senior Unsecured Notes, Series 2026 are intended to be deployed by Allencrest Credit Funding LLC to support the operating and acquisition activities of the Allencrest Group platform. The Issuer may on-lend proceeds to affiliated entities or deploy capital directly as described in the Private Placement Memorandum.

Primary uses

Operating & Acquisition Capital

Hotel acquisition bridge and acquisition financing
Operating capital for hotel operations
Capital expenditure and property improvement financing
Receivership and asset preservation operations
General corporate purposes of affiliated entities

Secondary uses

Reserve & Administrative

Working capital and operating reserve
Offering expenses and loan origination costs
Interest reserves if required by Note Agreement
Deferred financing cost amortization

Important: The specific allocation of proceeds will be set forth in the Private Placement Memorandum. Proceeds may be deployed to affiliated entities of Allencrest Credit Funding LLC including Allencrest Group LLC, its subsidiaries, and related hotel operating entities. The Issuer retains discretion over the specific deployment of proceeds within the categories described in the PPM. There is no guarantee that any specific deployment will be made or that any specific return will be achieved. Investors should review all offering documents and risk factors before investing.