Old Hill Partners Closes $30MM Revolver for Merchant Cash Advance Originator

Old Hill provided a $30 million senior secured revolving-to-term credit facility to a specialty finance company that provides working capital to small businesses in the form of merchant cash advances.

January 6, 2021 Old Hill Partners | Peter Faigl Phil Neuffer

Old Hill Completes $8MM Senior Secured Financing for Merchant Cash Advance Originator

Asset-based loan provider Old Hill Partners provided an $8 million secured revolving-to-term credit facility to a specialty finance company that provides working capital to small businesses in the form of merchant cash advances.

October 28, 2020 Old Hill Partners | Peter Faig Ellie Delany

Old Hill Partners Provides $16.6MM Term Loan Secured by Supertanker

Old Hill Partners provided a $16.6 million senior secured term loan to a trader and distributor of petroleum products. The loan was secured by a senior mortgage on a very large crude carrier (VLCC), a supertanker with approximately 2 million barrels of capacity.

July 16, 2020 Old Hill Partners | Sam Adams | Very Large Crude Carrier (VLCC) Phil Neuffer

Old Hill Partners Secures $10MM Credit Facility for HealthGrowth Capital

Old Hill Partners provided a $10 million credit facility to HealthGrowth Capital as part of a $16.8 million financing package consisting of both debt and equity.

April 9, 2020 HealthGrowth Capital | Karl Kipke | Old Hill Partners | Peter Faigl Phil Neuffer

Old Hill Provides $5MM Facility to MCA Company

Old Hill Partners provided a $5 million senior secured revolving-to-term credit facility to a specialty finance company that funds small businesses in the form of merchant cash advances.

January 9, 2020 Old Hill Partners nadine

Old Hill Partners Completes $10MM Revolver for Funda

Old Hill provided a $10 million senior secured revolving-to-term facility to Funda, an Australian lender focused on providing lines of credit and fully amortizing loans to small-and-medium-sized enterprises.

November 27, 2019 Funda | Old Hill Partners nadine

Sadis & Goldberg Represents Old Hill Partners on Term Loan

Sadis & Goldberg represented Old Hill Partners in connection with the close of a senior secured term loan, secured by future legal fee receivables and recoverable expenses.

March 29, 2018 Old Hill Partners | Paul Marino | Sadis & Goldberg Amanda Koprowski

Old Hill Partners Provides Revolver for SnapCap

Snap Capital, a source of alternative funding to small business, secured a significant revolving-to-term credit facility with Old Hill Partners.

February 22, 2017 Old Hill Partners | SnapCap Sam Nickerson

Old Hill Hires Former GE Capital Exec as Financial Officer

Private debt specialist Old Hill Partners has brought former GE Capital executive Shila Ray aboard as financial officer.

March 30, 2016 GE Capital | Old Hill Partners | Shila Ray ABF Journal

Alternative Capital Providers Fill Gap Left by Big Banks

In its latest market commentary, investment adviser Old Hill Partners said large banks continue to eschew lower middle-market loans because of heightened regulatory scrutiny and unattractive risk-adjusted spreads.

November 25, 2014 Old Hill Partners ABF Journal