Super G Provides $2 Million Second Lien Growth Capital Loan to Food Service Franchisor

Jun
10
2016

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 equity and traditional mezzanine capital was not an option due to the amount of financing needed and dilutive equity component.

The Solution: 
Super G was able to quickly get comfortable with the Company’s operating history, royalty revenue streams, and growth opportunities, underwriting and closing a $2,000,000 second lien loan in just a few weeks.  Super G provided a structured solution with a custom repayment schedule in partnership with the Company’s senior lender, BMO Harris Bank.

About Us:
Super G Funding is an alternative lender with over $100 mm in committed capital specializing in residual and cash flow loans.  Our mission is to fill the credit void in the lower middle market by providing non-dilutive, senior and subordinated debt solutions to businesses in need of financing for working capital, growth capital, acquisition capital, or special situation financing.  We lend up to $5 mm per transaction in the form of a fully-amortizing cash flow term loan with a 6-36 month term (pricing contingent on credit profile).  We are a small, but nimble team and highly responsive. We have over 100+ borrowers around the country and are able to give quick responses and close deals rapidly.


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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 1-800-631-2423.