SG Credit Partners Provides $2.0 Million Growth Capital Facility to SaaS Telephony Security Company

SG Credit Partners provided a $2 million growth capital facility to a provider of B2B and B2C telephony-related security services.

The Company was seeking non-dilutive growth capital to execute on sales and marketing initiatives and have the ability to close quickly on accretive acquisitions.

SG was able to get comfortable with the transaction due to the Company’s consistent growth in MRR, strong retention metrics, profitability, and experienced management team. Within three weeks from signed term sheet, SG provided a $2MM growth capital facility with $1.5MM funded and an additional $500,000 tranche available based on continued growth.

About Us:

SG Credit Partners is a national lender providing $1 - $10 million of situational capital to lower middle market businesses. Our deals are structured as a term loan (1st lien, 2nd lien, split lien, and unitranche structures; 6-36 month term) and range from interest-only to amortizing depending on credit profile and deal structure. What makes our platform unique is our ability to structure deals around a broad set of borrower types, use of proceeds, and situations – we can underwrite a deal solely based on cash flow, collateral, enterprise value, a strong/secured guaranty, or a combination thereof. Our borrowers generally fit one of the following credit profiles – cash flow, collateral, technology (recurring revenue/SaaS), or high net worth guarantor.

Headquartered in Southern California with offices throughout the country, SG Credit Partners has provided in excess of $300 million to 150+ borrowers across a variety of industries. We pride ourselves on flexibility, speed and certainty to close as well as providing creatively structured solutions that do not require equity and have minimal covenants. For more information, visit www.sgcreditpartners.com.