Daily News: March 1, 2017

Super G Capital Rebrands, Expands Deal Team

Super G Funding changed the company name to Super G Capital to reflect its increased lending size, expanded deal team and a push into the lower-middle market. Super G Capital focuses on sub-$5 million subordinated loans that are too small for BDCs and SBICs.

The company has expanded its team by adding Steve Bellah, formerly of GE Capital and Siena Lending, and Eric Von Stafford, formerly of White Oak and Goldman Sachs, as directors and Oren Moses, formerly of Medley, as an associate. Coinciding with the new hires, Nick Seraydarian was promoted to vice president, and Charlie Perer now leads all national originations efforts.

“Our cash flow lending division today has an average deal size in excess of $1.5 million with the majority of loans being subordinated debt,” says Darrin Ginsberg, CEO. “Increasingly Super G is the ‘go to’ provider of stretch piece or airball financing for asset-based lenders and commercial banks. Super G has a unique niche whereby it often times acts as an extension of a senior lender to finance the risk that banks and ABLs cannot due to internal and regulatory restrictions. We modified our name to reflect our positioning and goal to be the market leader in second lien cash flow debt. We have a strong track record with approximately fifty deals closed within the past 24 months.”