Financing for lower middle market asset-lite businesses.
Loan advances are based on a multiple of the company’s EBITDA (earnings before interest expense, income taxes, depreciation and amortization), not book net worth or historic net income. Key characteristics of borrowers include a proven operating history, defensible market position and a proven management team.
- Senior debt for acquisitions, refinancing of existing indebtedness and business expansion
- Credit facilities include term loans and revolving loans with final maturities of up to five years
- Loans for privately held companies and companies owned by private equity firms
- Financings for companies with EBITDA of $3.0 million or higher