Acquisition Finance
How to Finance an Acquisition With Limited Sponsor Equity
How buyers finance acquisitions with limited equity using seller notes, preferred equity, unitranche, earnouts and structured sponsor capital.
Private Credit
Private Credit
SBLC Private Placement Programs Are a Scam
Standby Letters of Credit are legitimate bank instruments. The supposed secret programs that “trade,” “roll” or place SBLCs for extraordinary returns are not. U.S. regulators and law enforcement have warned about the scheme for decades.
Private Credit
Secured Trade Finance vs Private Credit
Secured trade finance underwrites specific trade assets and repayment flows. Private credit relies more heavily on enterprise cash flow and borrower performance.
Private Credit
8 Reasons Private Credit Lenders Reject Deals
Private credit lenders can be flexible, but weak leverage, cash flow, diligence and repayment structures still cause deals to fail underwriting.