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We provide asset based loans of $3 million or more for
working capital, acquisitions, expansions, turnarounds and
debt restructurings.
Asset based lending makes it possible for companies to
maximize borrowing capacity with senior secured loans backed by
collateral in response to the growth of asset based lending during the
last decade.
Companies that are unable to obtain, or restricted by, traditional bank
financing may find greater credit availability and flexibility in an
asset based lending situation.
Asset-based facilities consist of revolving lines of credit secured
by accounts receivable, inventory, machinery and equipment, real
estate and certain other assets.
Through our diversity and innovations, we help clients address
such business challenges as:
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- Rapid Growth
- Turnaround
- Recapitalization
- Seasonal Sales
- Short Operating History
- Acquisition and Merger
- Shareholder Buyout
- Chapter 11 (Debtor in Possession)
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| | Aerospace & Defense | | | Aircraft Leasing | | | Aircraft Parts | | | All Energy Projects/ Oil-Gas-Coal | | | Biotechnology | | | Broadcasting / Cable / Radio | | | Building Materials | | | Computer Software | | | Electronic Equipment /Components | | | Films & Entertainment | | | Financial Services | | | Health Care Services | | | Homeland Security | | | Hotels - Casinos | | | Industrial Equipment | | | Insurance | | | Manufacturing Companies | | | Medical Devices | | | Pharmaceuticals | | | Telecom / Networking |
| | United States |
| | Canada |
| | Mexico |
| | Latin America |
| | Selected OECD Markets |
TYPES OF FINANCIAL TRANSACTIONS
| | Merger & Acquisition Capital |
| | Bridge Loan |
| | Growth Capital |
| | Recapitalization |
| | Refinancing |
| | Working Capital |
| | Turnarounds |
| | Restructuring |
| | DIP Financing |
| | Purchase Order Finance |
REQUIRED SECURITIES
| | Revolver |
| | Term Loan (1st & 2nd Lien) |
| | Subordinated Debt |
| | Convertible Debt |
REQUIRED COLLATERAL
| | Short term accounts receivable and/or inventory. |
| | Intellectual property in selected cases |
| | Fixed assets consisting of machinery and equipment and/or real estate in conjunction with revolving current asset loans. |
Our funding solutions are structured to maximize the borrowing capacity
of the borrwer's collateral. Our covenant requirements are minimal; usually
only a break-even profitability requirement and generation of enough cash
flow to properly service the loan, with covenants that are not restrictive.
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