News – Super G Capital

Super G Provides $900,000 Airball Stretch Piece

The Company: Family-office backed U.S. manufacturer and supplier of specialty textiles. The Financing Situation: The Company was in the process of refinancing its existing senior credit facility with a lower cost ABL facility. However, there was insufficient collateral availability to pay off the entire senior credit facility balance. The Company’s M&E was already levered so the shortfa...

Super G Provides $2.5 Million Seasonal Working Capital Loan

The Company: Leading producer of perennials, annuals and tropical plants and one of the largest greenhouse operations in the United States. The Financing Situation: The Company needed additional working capital for its low season (fall – winter), when sales volumes are at their lowest and preparations for the spring high-volume period begin. The Company has an asset based lending facility i...

Super G Provides $2.0 Million Bridge Loan to Finance Bank Exit

The Company: Private equity backed, outsourced pharmaceutical service provider conducting clinical research. TTM Revenue: $17mm |TTM EBITDA: $1mm The Financing Situation: The Company had a cash flow based term loan with its bank and was in technical default. Given the combination of lender fatigue, lumpy sales & cash collections due to the timing of contracts, and high monthly payments...

How MSPs / VARs Use Non-Dilutive Debt Capital to Grow a Business

As many MSPs / VARs strive to grow their business, evolving from a small to a midsize company often requires capital. MSPs / VARs need capital for acquisitions, geographic expansion, infrastructure, personnel, or to bridge the gap between paying for goods and services, and the time they actually receive payment from their customers. Regardless if your company is in its early or late stage, it wi...

Monsters of the Midway

Link to article here. Chicago is the best lower-and-middle market asset-based lending (ABL) city in the country. There has never been more ABL talent across different firms than in the city of Chicago, and the surrounding communities, including Cleveland and Detroit, that comprise the Great Lakes region. It has been 10 years since Bank of America bought LaSalle Bank to become one of key the mar...

Super G Provides $2.0 Million Second Lien Working Capital Loan

The Company: Sponsor-backed provider of employee healthcare management services. TTM Revenue: $35mm | TTM EBITDA: $5.6mm The Financing Situation: The Company was seeking additional working capital for (i) seasonality around Q4 employee enrollment, (ii) cushion to continue growth and run an M&A process, and (iii) minimum liquidity to stay in compliance with bank covenants. The Company...

The Closer

In baseball, a relief pitcher enters the game after the starting pitcher is removed for strategic reasons. A closer, is typically a team's best relief pitcher who specializes in getting the final outs in a close game to secure a victory. Super G aims to be the best closer in the lower middle market, helping deal professionals (senior lenders, investment bankers, sponsors, etc.) solve situat...

The Changing Landscape of Non-Sponsor Finance

Link to article here. With too much capital chasing too few transactions, the middle market is ripe for change. Charlie Perer predicts an explosion of debt options for non-sponsor backed companies over the next 10 years. He notes that as non-banker lenders offer customers more service and flexibility, banks will respond by consolidating. The lower middle market debt landscape is on the brink...

Super G Provides $2 Million Subordinated Credit Facility to Wine Producer

The Company: Wine producer and distributor operating in a state of the art, custom winemaking facility. The Financing Situation: In the early stages of a capital raise, the Company was seeking additional working capital to create availability on its line of credit and fund growth initiatives. The Company’s asset based lender, Ares Commercial Finance (“Ares”), which is not affiliated wit...

Super G, Western Alliance Bank Support Refi of Glowpoint, Inc.

Click here for link to article. Glowpoint, Inc., a managed service provider of video collaboration and network applications, announced that on July 31, 2017, the company completed a recapitalization of its existing debt obligations with support from Western Alliance Bank and Super G. The new financing eliminated $9,362,000 of debt and accrued interest obligations and reduced the Company’s out...

Latest News

Super G Provides $900,000 Airball Stretch Piece

Super G Provides $2.5 Million Seasonal Working Capital Loan

Super G Provides $2.0 Million Bridge Loan to Finance Bank Exit

How MSPs / VARs Use Non-Dilutive Debt Capital to Grow a Business

Monsters of the Midway

Super G Provides $2.0 Million Second Lien Working Capital Loan

The Closer

The Changing Landscape of Non-Sponsor Finance

Super G Provides $2 Million Subordinated Credit Facility to Wine Producer

Super G, Western Alliance Bank Support Refi of Glowpoint, Inc.

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