Wealth Management
Wealth management company needed to fund a segregated account to hold cash to increase the borrower’s Risk-Adjusted Capital (RAC). We were able to fund $10M at 10.5%, getting them the cash they needed.
Helping an auto repair lender grow
Type: Senior Secured Loan
Collateral Type: Cash & Marketable Securities
Amount: $10M (½ term and ½ revolving)
Collateral Type: Cash & Marketable Securities
Amount: $10M (½ term and ½ revolving)
Projected Yield: 10.1%
Term: 1 year, renewable
Geography: Canada
Term: 1 year, renewable
Geography: Canada