Client Profile
Geographic Area: National
Type of Business: Manufacturers, Wholesalers, Retailers and selected Service Companies.
Types of Loans: Revolving Lines of Credit, Term Loans.
Applications:
- Working Capital Growth
- Refinancing/Debt Consolidation
- Restructuring
- Acquisitions
- Recapitalizations
- Mergers
- DIP Financing
- Turnarounds
- ESOP's
Transaction Size: $5 million to $150 million or more.
Financial Characteristics:
- Assets that represent adequate collateral values.
- Companies that have moderate to higher financial leverage.
- Historical profitability that is "spotted" to consistent.
- Borrowings to support expansion, where sales and assets outstrip equity growth.
- Realistic projections in line with historical growth and/or acquisitions.
Management: Actively involved, with a proven track record and skills related to the business and industry.
Asset/Loan Profile
Collateral:
- Short term accounts receivable and/or inventory.
- Fixed assets consisting of machinery and equipment and/or real estate,
in conjunction with revolving current asset loans.
Advance Rates:
- Accounts Receivable - up to 90% of eligible accounts receivable.
- Inventory - up to 75% of eligible inventory.
- Term loans supported by advances against appraised values of machinery, equipment and/or real estate.
- Amounts in excess of appraised values may be considered through proven and predictable cash flow.
- Term debt repayment must be supported by sufficient historical, current, and projected cash flow.
Pricing: Floating rate over prime and/or LIBOR. Fixed rate pricing is available.
Term: Revolving credit facilities three to five years and term loan amortization up to seven to ten years.
Over Advances: On an exception basis, supported by cash flow.
Your Contact
Barry Fein
SVP – Marketing Manager
Phone: (212) 216-8923
Email: Barry.Fein@capitalonebank.com
Completed Transactions