SMH Capital helps middle market companies tap the private debt markets. Today’s private debt markets are very competitive with the public debt markets, and there are now pools of capital dedicated to all types of middle market debt. SMH is resourceful and creative in finding solutions.
We may seek revolving asset-based or factoring facilities, senior secured term loans, second lien debt, unsecured, mezzanine debt or convertible debt depending on each company’s unique situation. At SMH Capital, debt is often another form of growth capital. We can arrange acquisition facilities for roll-ups, or find unique asset-based lending facilities for inventory to help a company generate more cash-flow. We can also do recapitalizations, bridge loans, and use debt to mitigate equity dilution.
Deal sizes have ranged from $5 MM to $100+ MM.
We work with middle market issuers to collaboratively prepare presentation materials and a lender marketing plan to successfully access the type of debt that makes most sense. Our experience and contacts allow us to propose debt structures (terms and conditions) that are innovative yet consistent with market conditions.
Pricing is a function of various factors such as an issuer’s industry, historical performance, assets, leverage, the seniority of the debt, and market conditions. |