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.

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.

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.

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.

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.

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.