We can write loans of up to £50m and our product capabilities ensure there’s a solution for your business
SENIOR FACILITIES
Summary
- Performing, EBITDA positive businesses seeking maximum funding quantum, beyond conventional banking parameters
- Underwriting to asset value and/or sustainable cash flows
- Typically term loans with bullet repayments
- Able to hold supplementary equity or warrant positions
Benefits
- Enhanced funding lines to optimise liquidity for borrowers
- Non-amortising structures give borrowers the necessary breathing room to focus on their strategic goals
- Covenant-lite and supportive throughout the duration of the loan
- Cheaper than dilutive equity funding
JUNIOR FACILITIES
Summary
- Able to provide top-up facilities subordinated to institutional banks
- Underwriting to asset value and/or sustainable cash flows
- Typically non-amortising term loans with bullet repayments
- Able to hold supplementary equity or warrant positions
Benefits
- Ability for borrowers to increase funding via a multi-lender solution
- Will lend against inventory, plant & machinery, property, or other ‘niche’ asset classes
- Consider transactions on a partnership basis with institutional banks
- Commercial and flexible approach to intercreditor negotiations and documentation
SPECIAL SITUATIONS
Summary
- Stressed and distressed trading profiles
- Able to provide funding to businesses going through, or coming out of, restructurings and turnarounds
- Underwriting to asset value
- Able to hold supplementary equity or warrant positions
Benefits
- Injects vital liquidity into businesses enabling management teams to implement turnaround plans
- Able to move quickly and give firm commitments, providing certainty in the face of challenging situations
- Restructuring expertise to help businesses navigate difficult environments