Super G Capital spun out its cash flow, technology and special situations lending division to create a pure-play, lower middle market specialty finance company, SG Credit Partners.
Super G Capital provided a $2 million bifurcated credit facility to a cloud-based media monitoring and intelligence platform with contracted, recurring revenue.
A virus of acquisitions has enabled national and super-regional banks to bulk up over the last decade. Their smaller cousins — community banks — are often dismissed as warehouses for customer deposits and little more. Charlie Perer points out that when community banks acquire some some specialty lending platforms and pair them with deep hometown relationships, they can rival the big boys.
Super G Capital provided a $2 million term loan to a producer of parts for OEM manufacturers in the agriculture, construction, mining, and oil & gas industries.
The soaring stock market has resulted in a frothy ABL market with competition at an all-time high and liquidations, outside of retail, at a low. Appraisals from the Big Four firms have held up. Charlie Perer looks into his crystal ball to envision the ABL scenario when the next recession hits.
Super G Capital provided a $2.5 million seasonal loan to a producer of perennials, annuals and tropical plants and one of the largest greenhouse operations in the U.S.
Super G Capital provided a $2 million second lien working capital loan for a sponsor-backed provider of employee healthcare management services.