Senior Secured Bridge Lending
Our primary focus is to help facilitate mergers and acquisitions where the buyer or merger partners desire to close a deal quickly, but prior to having finalized the permanent capital structure.
Hilco Financial can provide a senior bridge with terms from 3 to 24 months in amounts up to $25 million. The loan is collateralized with assets and is funded following the infusion of equity by the transaction’s principal(s).
- Terms: 3 to 24 months.
- Transaction size: up to $25 million.
- Collateralized with current fixed and intangible assets.
- Loan made following buyer's infusion of equity.
- Pricing: equivalent to sub-debt.
Benefits:
- Enables you to take a target off the market quickly, thereby eliminating or limiting bidding wars.
- Seek permanent financing and define the capital structure at your own pace.
- Certainty about the value of your collateral before you write the equity check.
- One lender to deal with after you commit your equity eliminates time-consuming inter-creditor issues.
- "One stop" from appraisal to cash saves time and money.
- You'll have all collateral management systems in-place, advance rates set and a Hilco appraisal in-hand when you interview potential permanent lenders.
Specialty Lending In Support of Our Lender Partners
Hilco Financial can also benefit our clients by assisting them with specialty mezzanine, junior secured and senior bridge loans as opportunities to do so arise from time to time.
- B-loans, mezzanine, junior secured B-loans.
- Specialized structures to meet short term needs.
- We will look at all opportunities.
- Appraisal must be done by Hilco.
Distressed Senior Secured Debt Acquisition
Hilco Financial complements the activities of senior lenders by acquiring their troubled loans or providing opportunistic take-out financing for deals they wish to exit. Our focus is to build on well-established working relationships with leading senior lenders as well as turnaround firms and other advisors in North America.
Hilco Financial concentrates on distressed loans under $10 million, although we will look at larger loans on a case-by-case basis. The broad and deep capabilities of The Hilco Organization in asset appraisal, acquisition and disposition enable us to provide maximum value to lenders. Furthermore, Hilco’s already strong relationship with lenders and their workout groups enables Hilco Financial to provide faster response. You will find that streamlined approval and execution differentiate Hilco Financial from other debt buyers. Want more information? Click here for Q&A
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