Cerebro Capital Facilitates Over $100mm in Debt Financings

Cerebro Capital recently announced they had secured over $100mm in debt financings for US middle market companies.  The following are some of the highlights:

• $18mm senior secured loan for a marketing & advertising company seeking growth capital and to a refinance their existing debt with no personal guarantee. Cerebro was able to run a comprehensive process to generate multiple term sheets for the company to consider, ultimately choosing the capital partner whose structure was best aligned to their business.

• $15mm asset-based line of credit to a US subsidiary in the solar energy space who wanted to secure local financing and not rely on their parent.  Cerebro was able to identify interested lenders in a very challenging industry sector and the company ultimately closed with a lender who not only provided a structure that worked, but with a leadership team they respected tremendously.

• $14mm senior secured loan to a services company in the medical/legal segment so they could refinance their existing bank debt, pay off a seller note and have capital for acquisitions.  Cerebro was able to attract significant interest and find a non-bank lender to meet the debt quantum while providing more flexible covenants.

• $5mm venture debt loan to support a commercial Fintech company looking to refinance its existing debt and add debt to support their explosive growth.  The company had tried unsuccessfully to source the debt and came to Cerebro to find them lenders willing to take on debt in an industry sector that was slightly out of favor.

• $3mm bridge loan secured by tokens to a company whose initial financing fell through and needed capital until their new financing closed.

Cerebro Capital is a commercial lending technology platform leveraging their patented AI technology to help middle market companies find the best lenders/structures for their financing needs as well as a source of deal flow for lenders. Each year, hundreds of companies look to Cerebro to assist them in their debt financings across its network of 2,200+ lenders for structures that include, Senior Secured, Mezzanine, Asset Based, Equipment, Venture Debt and Recurring Revenue, as well as Government Guaranteed Programs.