SG Credit Partners Provides $2.5 Million to Consumer Debt Collection Agency

The Company: Privately owned consumer debt collection agency.

The Financing Situation: The Company needed capital quickly to move on opportunistic portfolio purchases as well as working capital cushion while collection curves ramped up.

The Solution: SG was able to quickly get comfortable with the transaction due to the value of dedicated portfolio collateral as well as a strong personal guaranty from the owner. SG worked quickly to provides $1.5MM funded ($2.5MM total) facility in a first lien position with interest-only payment. Closing timeframe was one week.

This transaction highlights SG's ability to structure and underwrite collateral-based / guarantor based loans. While many of you know us as a cash flow based lender, we now provide special situation (balance sheet) loans requiring creativity, flexibility, and speed to close. We also have a strong interest in providing customized solutions for illiquid high net worth entrepreneurs.

SG Credit Partners (formerly known as Super G Capital) provides $1 to $10 million structured debt solutions to lower middle market businesses across the country in need of financing for working capital, growth capital, acquisition capital, or special situations. We lend up to $10 million per transaction in the form of a structured term loan (6-36 month term) with flexible repayment, typically as a subordinated (second lien) lender and in certain cases as a senior lender to companies that need financing to become bankable. Headquartered in Southern California, the SG Credit Partners team has provided in excess of $250 million to 150+ borrowers across a variety of industries.