Ok, so what happens when your client is trying to purchase a business for $4.8 million dollars and they only have around $2.3 million in SBA eligibility left because they currently have a $2.7 million SBA loan outstanding? Can you say “Pari-Passu”? That is the only...
We are a cash flow lender so we can finance blue sky deals (under-collateralized scenarios) just like this maintenance company in Alaska. Here’s the full story… Adam worked all over the globe in the oil and gas industry and it was taking a toll on him. He...
Embarking on the journey of business acquisitions in the lower mid-market brings its own set of challenges, particularly in the realm of financing. Often caught between the limited scope of SBA lending and the overshadowing presence ofPrivate Equity, businesses face a...
Today, we’re taking a deeper dive into the realm of Pari Passu debt in the commercial finance world. You may wonder why you should care about this, especially in a world where equity financing hogs the limelight. We’re about to unveil a financial secret:...
The meaning of pari passu fits in well with the jargon terms and complex regulations the finance and commercial real estate world is flooded with. To save you from drowning yet again, we are diving headfirst into the waters of “Pari Passu” financing. We...