Cerebro Capital Facilitates Over $150MM in Financings for 13 Companies

Cerebro Capital recently announced they had facilitated over $150MM in financings for 13 companies.  The technology driven commercial lending marketplace to the lower and middle market assisted companies looking for debt across numerous structures including senior and junior cash flow, asset based, equipment financing, recurring revenue, et al.  Three of the highlights:

A $60MM Senior Secured Loan to a company that helps companies deploy Artificial Intelligence (“AI”) Engines across their customers.  The client recently went public and came to Cerebro to find the best lender to provide debt for their Working Capital, M&A, and Product Development needs.

A $30MM Asset Based Line of Credit consisting of a $25MM Revolver and $5MM M&E Term Loan for an importer and distributor of minerals used for industrial purposes. The company came to Cerebro looking for more availability than their current lender could provide in order to provide additional working/growth capital to support their market expansion.

A $5.5MM Equipment Loan to a high-tech, premium car wash company.  The Sponsor had just closed a large equity raise and was seeking debt to refinance out the equity they used for some equipment purchases as well as to purchase equipment for subsequent new locations.