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Expertise · 01

Capital Solutions

Term loans, revolvers and bridge facilities underwritten on inventory, receivables, machinery and intellectual property — priced on what the collateral is really worth, not on last year's EBITDA.

$2.4BCommitted in the last 24 months

Most lenders start with a multiple and work backwards. We start with the asset base: what it is, where it sits, who else would buy it and at what price on the worst Tuesday of the year. That number is the loan.

Because the appraisal, the underwriting and the eventual disposition all live under one roof, we can commit before a process closes and hold the paper afterwards. Sponsors use us when the timeline is shorter than a syndicate can move.

Services

  • Asset-based term loans
  • Bridge and rescue financing
  • Inventory and receivables facilities
  • IP-backed lending
  • Debtor-in-possession facilities
  • Junior and structured tranches

Typical recovery range

Share of net orderly liquidation value

Finished goods inventory. Seasonal categories sit at the bottom of the band.

Illustrative ranges drawn from completed transactions. Every engagement is appraised on its own facts — these are the bands we argue from, not a quote.

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Tell us what the asset base looks like.