The financial sponsor has found a well-established manufacturing business that fits nicely within its investment criteria.
This is an
established manufacturing business and existing customer to the bank. The relationship manager does not want the customer to pursue other bank offers.
The building is in an office/warehouse mixed – use facility. The bank is comfortable at 70% LTV and the borrower wants 75% LTV.
The bank uses 5% of CollateralEdge support to meet the customer’s demands without any additional principal risk.
The bank meets the borrower’s request without any additional principal risk. The bank retains an attractive, long-term customer.
“CollateralEdge is solving a massive problem for community banks that will positively impact thousands of hard – working entrepreneurs.”
The borrower realizes its desired leverage profile without a painful back and forth negotiation process with its bank partner.
CollateralEdge is an innovative fintech platform that provides community and regional banks with a flexible, automated risk management solution to strengthen the credit profile on individual corporate loans.
A retail business negatively impacted by COVID and significant seasonality seeking to follow its departing relationship manager.
The owners want to restructure debt and take advantage of favorable movement in rates.
Financial sponsor has successfully rolled-up 40 dental practices and wants to restructure the associated debt.