LENDER-MF24I10805EB000169
$495.00
Purchase for full contact information of one or more deal team members. All purchases are final and non-refundable.
Description
– Lender focuses on lending to companies in the healtcare industry
– Loan sizes range from $15-20M
– They loan wiht a Hybrid ABL structre: This type of loan is a combination of asset-based lending (ABL) and cash flow lending. It provides a revolving line of credit secured by a company’s assets, such as accounts receivable, inventory, and equipment. The loan amount is determined by the value of the pledged assets.
– Term loan/stretch piece: This type of loan provides a set amount of funding that is repaid over a fixed period of time, typically with a bullet payment at the end. The loan amount can be stretched out over a longer period of time if needed, and the interest rate is also around 8-14%.
– Interest rate: 8-14%