SG Credit Partners Provides $2.0MM Second Lien Growth Capital Loan
The Company: Founder owned staffing company that provides a full suite of employment solutions to IT, life sciences, and business services clients.
Financial Profile: Revenue: $85.0MM | EBITDA: $4.0MM
The Financing Situation: The Company had realized strong revenue growth over the last few years and had a strong pipeline for continued growth. The Company’s bank, Wells Fargo Capital Finance (“Wells Fargo”), was in the process of increasing...
SGCP Provides $2.0 Million for Senior Lender Transition
The Company:
Cloud-based media monitoring and intelligence platform with contracted, recurring revenue.
Revenue: $15mm | EBITDA: $1.5mm | Equity Raised: $10mm
The Financing Situation:
The Company had a line of credit as well as a term loan in place with a Bank. Due to lender fatigue and technical default (financial covenant compliance) the Bank wanted to exit the credit.
The Solution:
Super G was able to get comfortable with the business...
Super G Provides $3.3 Million Bridge Loan
The Company:
Privately owned portfolio of commercial and residential real estate. Total portfolio value: $300 million.
The Financing Situation:
Successful retail entrepreneur diversified his wealth into real estate. While the Company was in the process of selling several large commercial real estate properties in California for liquidity, there was a working capital need to cover operating costs until the transactions closed.
The Solution:
Super...
Super G Provides $1.5 Million Bank Exit Financing for SaaS Company
The Company:
Venture-backed SaaS provider for content management and digital publishing.
Revenue: $8mm | Equity Raised: $22mm
The Financing Situation:
The Company was placed in the Bank’s special assets division due to a covenant violation. Although the Company continued to perform, the Bank wanted to exit the credit. Super G was brought in to offboard the client and provide additional working capital.
The Solution:
Super G was able to...
Super G Provides Second Lien Bridge Loan for Greek Yogurt Brand
The Company:
Privately owned manufacturer of premium artisanal Greek yogurt, handmade from a proprietary family recipe.
Financial Profile: Revenue: $21MM | EBITDA: $2MM
The Financing Situation:
The Company had engaged a middle market investment bank to secure a large round of growth equity capital. During this process, the Company required additional working capital to help complete the opening of a new manufacturing facility that would...
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 $1.25 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 $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 Acquisition Financing for SaaS Company
The Acquirer:
Simply Color Lab, one of the nation’s top professional photography printers.
The Target:
ShootQ, a SaaS company that provides a complete studio management system made especially for photographers. ShootQ’s virtual management software assists its professional photography users in all facets of the sales process from tracking prospective clients, contract and payment management, to client product delivery, and much more.
The...
Copyright © 2019 SGCP. All rights reserved.
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 1-800-631-2423.