SG Credit Partners was once a single product division of Super G Capital, but in 2018, Marc Cole and Charlie Perer decided to branch out by co-founding SG Credit Partners. Since then the company has expanded its product offerings, brought in a bevy of new talent and used an infusion of capital from Cynosure, 4612 Group and MidMark to position itself for further growth.
SG Credit Partners provided a senior secured $3 million growth capital loan structured around recurring revenue, proforma cash flow and total leverage for a document scanning company.
SG Credit Partners provided an enterprise SaaS platform with a non-dilutive $2.5 million term loan with structured amortization early in the term to free up cash flows and liquidity to fund growth initiatives.
The quest for coast-to-coast asset-based lending shops has created an intensely competitive “frontier” in the lending environment. Charlie Perer examines this trend and concludes that hiring the right business development officer must be a top priority to succeed.
SG Credit Partners provided a $2.5 million credit facility to a privately owned consumer debt collection agency in a first lien position with interest-only payment. Closing timeframe was one week.
Asset-based lending can be an attractive business, but not every organization is built for it. Charlie Perer of SG Credit Partners outlines why some community banks were quick to seek ABL out and just as quick to exit the space.
SG Credit Partners hired John Todd (JT) as a managing director in Chicago. Todd previously worked for Alostar Capital Finance, CapitalSource, JPMorgan Chase and Wells Fargo Foothill.
SG Credit Partners provided a senior secured $2 million growth capital loan facility to a founder-owned commercial real estate software-as-a-service company.
SG Credit Partners provided a senior secured, $3 million growth capital loan structured around an ARR borrowing base to a founder-owned AI software subscription and services company and provided tailored amortization around the company’s cyclical cash flow.