We can write loans of up to £100m 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