Working capital lines | |
Growth capital | |
Leveraged/management buyouts | |
Stretch capital |
Dividend recapitalization | |
Seasonal financing needs | |
Turnarounds & restructurings | |
DIP & exit financing |
$1 million - $25 million | |
Smaller amounts in Factoring platform | |
Underwriting focus on collateral value |
Manufacturers | |
Wholesalers / Distributors | |
Oilfield Services | |
Staffing | |
Transportation | |
Other service providers |
Accounts Receivable (borrowing base lines) | |
Inventory | |
Machinery & equipment | |
Owner-occupied real estate | |
Other assets readily valued |
Ownership: Private, public or PE Sponsor | |
Covenants: Typically none or covenant light | |
Short term commitments, long term relationships |