Taking inspiration from the film Remember the Titans, Charlie Perer explains how business development officers, underwriters, credit professionals and every other member of a lending team must work together with respect and trust to be truly effective amidst current economic challenges.
Between an impending recession and runs on several regional banks, a greater need for workout professionals is taking hold in the banking sector, which will cause many institutions to adapt how they staff their special assets groups.
SG Stonegate Capital, a division of SG Credit Partners, a family-office backed lender providing capital to lower middle market businesses and entrepreneurs, closed a senior debt investment in Brazi Bites, a U.S. brand of Latin-inspired foods.
Big Bank Takes Little Bank: How a Downturn Could Affect Regional Banks’ Investment Banking Strategies
Will regional commercial banks stay committed to their investment banking divisions once the lucrative M&A advisory fees dry up in the next downturn?
Today’s investment bankers play a very powerful role in the market and have transitioned to asking lenders to consummate financings based on adjustments to EBITDA rather than actual EBITDA, which presents real challenges for lenders across all markets. Charlie Perer, co-founder and head of originations at SG Credit Partners, compares today’s “adjusted” world to that of titular sci-fi flick “The Adjustment Bureau” as he spells out what shifting lines in the sand mean for the specialty finance industry.
In the current market, where sentiment can change on a dime due to everything from supply chain constraints to geopolitical upheaval, it’s essential to expect the unexpected, but that doesn’t mean we can actually see the twists coming.
Charlie Perer explains how mounting economic stressors are setting the stage for an impending increase in work-out activity in which non-bank distressed and asset-based lending groups will look to take advantage of understaffed bank work-out groups.
SG Credit Partners acquired Stonegate Capital Holdings and its entry into asset-based lending with a focus on consumer and recurring revenue verticals. Stonegate will operate independently as a new division of SG Credit Partners and continue to build upon its position as a non-bank direct lender.
Charlie Perer of SG Credit Partners takes us on a trip back to the era of feudalism (sort of) by exploring the spread of regional small business investment companies (SBICs) and their impact on the lower middle market.
SG Credit Partners extended its credit platform for lower middle-market entrepreneurs and launched a new website illustrating its expanded capabilities.