US Capital Global Expands Bridge Finance Solutions
US Capital Global further expanded its range of custom bridge finance solutions for middle-market businesses, as it will now provide bridge loans of up to $100 million.
US Capital Global further expanded its range of custom bridge finance solutions for middle-market businesses, as it will now provide bridge loans of up to $100 million.
Prodi Bhattacharya, Ph.D., joined the group as a managing director at U.S. Capital’s regional headquarters in London, established in 2020. Dr. Bhattacharya brings more than 23 years’ experience in banking, corporate finance and asset management to U.S. Capital.
US Capital Global entered into term sheets to provide credit facilities totaling $158.4 million to Harbor Custom Development, a real estate company involved in all aspects of the land development cycle.
US Capital Global, a private financial group for the middle market, appointed Jeff Sayer as managing director to head up the firm’s expanding mergers & acquisition division.
US Capital Global expanded growth-capital financing of up to £10 million ($13.19 million) for Manifesto Holding, an operator of entertainment venues. US Capital anchored the term loan syndication through its business credit fund.
Teresa Grobecker joined US Capital Global as senior vice president.
US Capital Global provided a multi-million dollar bridge loan to UK-based public company Manifesto Holding. The financing will be used to repay an earlier bridge loan ahead of a forthcoming growth-capital term loan.
US Capital Partners provided a $70 million revolving line of credit and a $10 million term loan to a wholesale distributor of perfumes and fragrances in the U.S.
US Capital Partners provided a $150 million revolving line of credit, scalable to $200 million, to a specialty jewelry company in the U.S.
There is a common belief, especially among business borrowers, private equity funds and M&A sponsors, that inefficiencies leading to predatory pricing exist in the small-cap and lower middle market business lending space. That assumption may be incorrect because the ABL cost structure is very different in comparison to inexpensive bank lending. By utilizing a new, more optimized funding structure, ABL firms may be able to greatly reduce their cost of capital.