Seasonal Working Capital – Second Lien Loan for Education Software Provider
Super G Provides $1,250,000 Seasonal Working Capital Loan to Education Software Provider
The Company:
Delivered in a SaaS model, the Company provides core educational programs (primarily math & science) for middle and high school students.
The Financing Situation:
The Company is a seasonal business from a selling and cash collection perspective as the Company’s customers (school districts) have specific buying patterns and the...
Super G Provides $750,000 Second Lien to SaaS Logistics Company
The Company:
Provider of nationwide parcel logistics services (transportation) and parcel shipping & management software. The Company’s services and software help customers manage an control their business, drastically improve delivery and lower transportation and postage cost.
The Financing Situation:
The Company’s software side of the business won a new large contract and needed upfront working capital to support the...
Super G Provides $2 Million Second Lien Growth Capital Loan to Food Service Franchisor
The Company:
A publicly traded franchisor and licensor of take-and-go food products distributed through traditional and non-traditional food service outlets.
The Financing Situation:
The Company was seeking growth capital in the amount of $2,000,000 to develop a new food service concept that would serve as a showcase for new franchisees and an additional revenue stream. The Company preferred a non-dilutive debt structure over raising...
Super G Provides $1.6 Million 2nd Lien Financing to IT and Communication Services Provider
The Company:
A leading provider of IT consulting and cloud collaboration solutions to the government, Fortune 500 companies, and medium size businesses.
The Financing Situation:
The Company engaged an investment bank to raise institutional mezzanine capital to finance its next phase of growth. During this process the Company had a short-term working capital need to fulfill a backlog of new service contracts and to stay current with existing...
Super G Provides $1.25 Million Second Lien Seasonal Over-Advance to Complement Bibby’s ABL Facility
The Company:
A sponsor-backed company that formulates and distributes impression fragrances.
The Financing Situation:
The Company recently transitioned from a commercial bank lender to an asset based lender, Bibby Financial Services. The Company required a seasonal-over-advance to build inventory and maintain vendor relationships in order to fulfill anticipated sales order growth for the holiday season.
The Solution:
Super G was able...
Super G Funding Closes $1.1 Million Financing for Little Caesars Franchisee
The Company:
Top ten Little Caesars franchisee with over 20 locations in 3 states.
The Financing Situation:
The Company had engaged Trinity Capital LLC, a Los Angeles-based boutique investment bank with expertise in food & beverage, to arrange a capex facility to fund new locations awarded by Little Caesars. During this process, an immediate capital need arose to retire maturing debt, corporate tax liens, and for short-term liquidity.
The...
Super G Funding Closes $700,000 2nd Lien Financing for Waste Management Company
The Company:
A family owned and operated waste management company providing solid waste hauling and recycling services to residential and commercial customers throughout Southern California.
The Financing Situation:
The Company was awarded an exclusive license to service a highly sought after municipality and needed immediate financing to fund upfront working capital. At the same time, the Company was in technical default with its senior...
Super G Funding Closes $2 Million Financing for Candle Manufacturer
The Company:
A private equity backed candle manufacturer in the Southwest with distribution throughout the United States and Canada. They offer a variety of candle types, fragrances, and accessories.
The Financing Situation:
Due to growth the Company had a larger than usual seasonal need during its low working capital cycle in the summer. The Company’s bank could not increase availability fast enough for production going into the fall...
Super G Funding Closes $1.5 Million Senior Financing for Ice Cream Manufacturer
The Company:
A manufacturer of various Hispanic themed ice creams, frozen yogurt, fresh fruit bars and other icy treats distributed throughout major big box and supermarket chains.
The Financing Situation:
The Company was in technical default with its senior lender and had an immediate seasonal over-advance capital need to finance raw materials for its summer busy season.
The Solution:
The senior lender assigned its note to Super G to...
Super G Funding Closes $1.5 Million 2nd Lien Financing for Professional Audio Electronics Manufacturer
The Company:
A leading designer and manufacturer of software, hardware and related accessories for professional audio recording and live sound applications worldwide.
The Financing Situation:
The Company had engaged an investment bank to arrange a more flexible credit facility that would scale with the Company’s anticipated growth. To avoid pressures on shipping windows during the investment banking process, and pending completion of...
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California loans are made pursuant to SG Credit Partners, Inc.'s California Department of Corporations Finance Lender License No. 60DBO-87290. Credit approval is subject to SG Credit Partners, Inc.'s credit standards, and actual terms (including actual loan amount) may vary by applicant. SG Credit Partners, Inc. requires certain supporting documentation with each new application. Complete disclosures of APR, fees, and payment terms are provided with each loan and are available from SG Credit Partners, Inc. at 23 Corporate Plaza, Suite 100, Newport Beach CA 92660, telephone 1-800-348-0232.