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Item
1.01 Entry into a Material Definitive Agreement.
On
October 25, 2007 LEAF Funding, LLC, an indirect subsidiary of ours, entered
into
a Loan Sale Agreement with the Federal Deposit Insurance Corporation as Receiver
of NetBank, Alpharetta, Georgia, to acquire substantially all of the assets
of
NetBank Business Finance, the equipment leasing division of
NetBank. The purchase price is approximately $410
million. We expect that financing for the acquisition will be
provided through Morgan Stanley Bank. The acquisition is required to
close on or before November 7, 2007.
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant
has
duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.