These programs are built for commercial real estate asset owners and small and middle market businesses with $5 million – $300 million in annual revenues who experience needs beyond the comfort and capacity of conventional lenders. This includes fluctuations in historical gross revenues, entrepreneurs with numerous expense write-offs, and those with compelling positive event driven scenarios that require near-term capital.
Small Balance Real Estate
Designed for bankable transactions without the stringent requirements of depository lenders.
Transaction Type: Purchase, Refinance, & Cash Out Refinance
LTV: 75% Max LTV (based upon asset and location)
Fixed Period: 2 ,3, 5, 7, 10 and 30 year
Points: up to 2 points (par pricing available)
Loan Amounts: $500,000 to $10,000,000 (up to $50,000,000 in select scenarios)
Amortization: up to 30 Year Fully Amortizing (other amortization options available)
Rate Caps: 2% for the First Year Then 1% periodically
Prepayment Penalty: 5% for Each Year That The Loan is Fixed
Rate Buy-down: Available with additional origination costs.
We will consider bridge/mezzanine scenarios to address special situations between $5 million – $50 million up to 70% LTV at 11% interest-only.
-Minimum Credit Score: 620
-No Tax Returns Required
-Personal Guarantee or Additional Collateral Considered
-Joint Ventures Considered For Compelling Scenarios
-Expense Deposit Required Fort 3rd Party Reports
-Rate Lock When Loan Documents Drawn
-Impounds For Property Taxes and Insurance Required
-Foreign National Financing Max CLTV of 60%
-MSA with 150,000+ population or within 35 miles of MSA
Class B/C Multi-Family
Single Family Investment Properties
Mobile Home Parks
Business Loans – Short Term Bridge
Small Business Loans rejected by depository banks every day.
Transaction sizes range from $250,000 up to $2,000,000
Terms up to 36 months
Rate starting at 12%
Monthly or Quarterly Repayment Options
Pre-approval offers average within 2-4 days of complete submission
Maximum 15% of annualized revenue (dependent upon margins, industry)
Minimum four (4) years in business
Minimum $3 million in annual revenue
Minimum business and personal credit scores apply
Tax liens must have a payment plan arrangement with the IRS
Expansion Term Loan
Designed to facilitate entrepreneurial growth, whether purchasing new equipment, inventory, hiring staff, or adding locations.
Transaction sizes range from $1,000,000 to $7,000,000 (higher amounts on select basis)
Fully amortizing terms between 5 to 15 years
Fixed rates and floating starting at WSJ Prime plus a margin of 3.50%
Equity Participation Considered on Select Basis.
Closing occurs within 4-6 weeks
Target industries include Manufacturing, Distribution, Healthcare, Retail, Professional Services, Technology, and Hospitality (including recognized brands)
Minimum gross revenue of $3 million
Minimum operating history of three (3) years
Bankruptcies must be dismissed/discharged for at least seven (7) years
Targeting A/B credit, all credits that do not conform to this program will be considered for the Short Term Bridge Program
Unlike SBA or conventional bank financing, this program does not require “additional collateral” in the form of C.D.s, LOC, etc.
Unitranche Term Facility
Ideal for hyper-growth companies that require scalable credit term facilities based on current cash flows and quantifiable projected growth. This is a lower cost and favorable structure for lower middle market companies in comparison to traditional mezzanine structures to perform aggressive growth strategies or address dividend recapitalization scenarios.
$10,000,000 to $50,000,000
Dedicated syndication capabilities up to $100,000,000
3, 5, or 7 years
Starting at SOFR Plus 6.00%
Minimum MOIC 1.75x
• Accelerated Growth
Asset Based Lending
This is designed for creative asset-based financing to small & middle-market-sized companies throughout the U.S. This provides capital for dividend recapitalizations, growth, debt restructurings, debtor-in-possession, and turnarounds.
On a non-recourse basis, can provide financing to hyper-growth companies that require scalable credit lines based on their assets and projected growth. Situational needs involving letters of credit, trade, and supply chain finance are common scenarios. On a select basis, we can provide a non-notification to customers and provide other performance guarantees within the capital table.
$3,000,000 to $50,000,000
Dedicated syndication capabilities up to $50,000,000
Up to 90% of eligible accounts receivable (foreign receivables financed in over 30 countries)
Up to 100% of eligible purchase orders with creative terms (will consider in-house light assembly)
Up to 60% of eligible inventory with higher advance rates available based upon appraisal.
Up to 80% of the liquidation value of equipment
Up to 75% of the appraised fair market value of a real estate
Capital expenditure facilities available to finance new equipment purchases. This includes M&E, vehicles, processing facilities, aircraft, mining, and other operational critical assets via sale leaseback structures.
Interest-only- inventory assets
Up to 7 years – equipment loans
Up to 30 years – real estate loans
Distress and Turnaround
Intellectual Property Finance
Leverage the value of a company’s intellectual property (I.P.) portfolio to provide non-dilutive, patient capital for commercialization and expansion.
General Financing Parameters:
$10,000,000 to $30,000,000
Dedicated syndication capabilities up to $100,000,000
Select Patent Litigation and Judgement Monetization
3 to 5 years
Minimum IRR of 15.00% per annum
MOIC 1.8x to 3.0x