The Rise of 2nd Lien Lending to Fill the Void in the Credit Markets
Published on the Commercial Finance Association Blog: http://commercialfinanceassociationblog.com/2015/10/08/the-rise-of-2nd-lien-lending-to-fill-the-credit-void-in-the-credit-markets/
Second lien debt is a unique product that seeks to fill the void in the credit market created by limitations of formula-based senior lenders and parameters and term of traditional mezzanine lenders. Companies across America have a symbiotic relationship...
Financing the “Stretch Piece”
Super G is a leading provider of “Stretch Piece” financing for lower middle market companies. Our 2nd lien/subordinated loans complement existing/new credit facilities and we work in cooperation with and subordinate to commercial banks, asset based lenders, and factors.
Does your client or potential client have a funding gap due to any of the following reasons?
Business Seasonality
Large orders
Acquisition shortfall
Conservative...
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...
Super G Funding Provides Growth Capital to SaaS Provider
SaaS Funding Initiative:
Super G Funding recently closed several Software-as-a-Service (SaaS) deals and continues to dedicate more resources to emerging SaaS companies. Super G’s capital is non-dilutive and based on Monthly Recurring Revenue (MRR) rather than profit in order to better enable companies to achieve scale and increase shareholder value. Super G’s SaaS lending product has successfully enabled companies to extend their runway...
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 Provides Second Lien Acquisition Financing for Educational Services Franchisor
The Acquirer:
Independent sponsor seeking 2nd lien capital for acquisition financing.
The Target:
Franchisor of after-school enrichment programs (math, reading, writing, and more) for kids ages 5 – 12.
The Financing Situation:
There was a shortfall between the Target’s purchase price and the equity + senior debt raised by the Acquirer.
The Solution:
Super G was able to quickly get comfortable with the Acquirer’s background, recurring...
Super G Funding Invests Growth Capital in MobileCause
MobileCause Positions Itself for Additional Product Advancement
Newport Beach, CA (July 21, 2015) – Super G Funding (‘Super G”), announced a significant investment in MobileCause, a California company, and leader in mobile fundraising and communication for nonprofits. MobileCause provides a cloud based online fundraising and communication platform for nonprofit organizations enabling them to raise more money at a lower cost.
Super G’s...
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.