SG Credit Partners Provides $1.0MM Second Lien Bridge Loan to Independent Registered Investment Advisor
The Company Privately held independent registered investment advisor (RIA) that provides wealth, asset, and business management services to high-net-worth individuals and families. The Company has a variety of unique services not typical of traditional RIAs including access to alternative investments.Assets Under Management: $300MM The Financing Situation The Company was experiencing rapid growth in AUM and…
Read MoreSG Credit Partners Provides $1.0MM to a High Net Worth Guarantor-Based Loan
Product Type High Net Worth Guarantor The Company A privately-held family investment vehicle. The Financing Situation A high net-worth couple (“the Guarantors”), via the family investment vehicle, were in the later stages of a ground-up construction on a new home. The total cost had eclipsed the initial budget and the additional capital required to complete…
Read MoreSG Credit Partners Provides $1.25MM for Real Estate Acquisition
The Company A single-asset real estate holding company owned by a prominent carwash company in the Midwest. The carwash company is just one subsidiary of a broader investment company with interests in a multitude of industries. The Financing Situation The Company had an executed purchase agreement on a property that it intended to acquire and…
Read MoreSG Credit Partners Provides $3.35 Million to Pharmaceutical Products Company
The Company A newly formed pharmaceutical company setup specifically to acquire, promote, and sell four prescription pharmaceutical products. The Financing Situation Before SG became involved, the Company had agreed to purchase four prescription pharmaceutical products at using debt financing with an alternative lender. Due to capital raising issues, this lender defaulted on its financing obligation,…
Read MoreSG Credit Partners Provides $6 Million Guarantor Based Loan
The Company A single-asset real estate holding company operating as a subsidiary of a broader multi-family / student housing real estate syndication portfolio. The Financing Situation The Company needed capital quickly to execute on additional portfolio purchases and support working capital at the parent level, where COVID-19 restrictions had temporarily affected occupancy rates at some…
Read MoreSG Credit Partners Provides $2.1MM Unitranche Loan – Collateral Based Term Loan A + Cash Flow Based Term Loan B
The Company Sponsor-backed e-tailer of aftermarket auto parts focused on a niche of the broader aftermarket industry. The Company sells through its Company-owned DTC eCommerce channel as well as through 3rd party marketplaces. Revenue: $37MM | EBITDA: $1.4MM. The Financing Situation Over the past few years a series of events negatively impacted the financial performance of…
Read MoreSG Credit Partners Provides $3MM Structured Cash Flow Facility to Tech-Enabled Services Company
The Company Sponsor-backed document scanning company that provides an array of workflow optimization services. The Company’s scanning service model, coupled with its cloud-based data hosting platform, enables it to transform physical documents to actionable digital data for its customers. Recurring Revenue: $12.5MM | Services Revenue: $3MM. The Financing Situation For the past few years, the…
Read MoreSG Credit Partners Provides $2.5 Million to Consumer Debt Collection Agency
The Company: Privately owned consumer debt collection agency. The Financing Situation: The Company needed capital quickly to move on opportunistic portfolio purchases as well as working capital cushion while collection curves ramped up. The Solution: SG was able to quickly get comfortable with the transaction due to the value of dedicated portfolio collateral as well…
Read MoreSG Credit Partners Provides $4.0 Million to Midwestern Mechanical Contractor
The Company: Full-service mechanical contractor located in the Midwest that provides HVAC, plumbing/piping, and other mechanical services to the commercial and industrial/manufacturing sectors. Revenue: $90 MM | EBITDA: $5 MM. The Financing Situation: The Company recently raised capital from a private equity sponsor that has invested in several construction services businesses. The new ownership group wanted…
Read MoreSG Credit Partners Provides $2 Million Second Lien Cash Flow Loan Secured By Real Estate
The Company: Provider of IT managed services and cloud collaboration solutions. The Company’s management team owns corporate real estate held in a LLC outside of the Company. The Financing Situation: The Company was in need of upfront working capital for new contracts, but did not have availability on its bank ABL. The bank ABL had recently…
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