Capital, expedited.
PARTNERING WITH A DEBT EXPERT
FOR LONG-TERM GROWTH
PARTNERING WITH A DEBT EXPERT
FOR LONG-TERM GROWTH
CAPX helps PE firm obtain $111MM in LBO financing for industrial company
CAPX partners with borrowers to help them
understand how lenders evaluate risk, and frame
their deal from the lender’s point of view
CAPX partners with borrowers to help them
understand how lenders evaluate risk, and frame
their deal from the lender’s point of view
CAPX partners with borrowers to help them understand how lenders evaluate risk, and frame their deal from the lender’s point of view
CAPX PLATFORM
BENEFITS
Traditional capital sourcing process
- Slow and sequential
- Borrowers approach lender networks, receive limited number of term sheets, and undergo lengthy diligence process
- Uncertainty over competitiveness of deal structure and terms
The CAPX approach
Rapid execution at scale
Within 2 weeks, PE firm received 7 ABL and 5 Bifurcated TL offers
Borrower submitted final bid with confidence
CAPX PARTNERSHIP
BENEFITS
Traditional capital sourcing process
Borrowers typically acquire capital to address immediate needs
Often forced to compromise on long-term objectives
The CAPX approach
- Partnered with the PE firm to understand the growth strategy
- Identified key terms that would otherwise have gone overlooked
- Structured debt facility with downstream flexibility to meet growth objectives
CAPX PLATFORM
BENEFITS
Traditional capital sourcing process
- Slow and sequential
- Borrowers approach lender networks, receive limited number of term sheets, and undergo lengthy diligence process
- Uncertainty over competitiveness of deal structure and terms
The CAPX approach
Rapid execution at scale
Within 2 weeks, PE firm received 7 ABL and 5 Bifurcated TL offers
Borrower submitted final bid with confidence
CAPX PARTNERSHIP
BENEFITS
Traditional capital sourcing process
Borrowers typically acquire capital to address immediate needs
Often forced to compromise on long-term objectives
The CAPX approach
- Partnered with the PE firm to understand the growth strategy
- Identified key terms that would otherwise have gone overlooked
- Structured debt facility with downstream flexibility to meet growth objectives
CAPX PLATFORM
BENEFITS
Traditional capital sourcing process
- Slow and sequential
- Borrowers approach lender networks, receive limited number of term sheets, and undergo lengthy diligence process
- Uncertainty over competitiveness of deal structure and terms
The CAPX approach
Rapid execution at scale
Within 2 weeks, PE firm received 7 ABL and 5 Bifurcated TL offers
Borrower submitted final bid with confidence
CAPX PARTNERSHIP
BENEFITS
Traditional capital sourcing process
Borrowers typically acquire capital to address immediate needs
Often forced to compromise on long-term objectives
The CAPX approach
- Partnered with the PE firm to understand the growth strategy
- Identified key terms that would otherwise have gone overlooked
- Structured debt facility with downstream flexibility to meet growth objectives
Flexible Terms Negotiated by CAPX
Additional Debt
Lender consent for additional pari-passu debt creates hurdles for a borrower, especially if the goal is to grow the business through acquisitions
CAPX negotiated a framework to allow the PE firm to raise incremental pari-passu debt for future acquisitions without seeking lender approval – a rare occurrence for a middle market direct lending transaction
Bifurcated Structure
The deal did not have sufficient assets for banks to be comfortable with the term debt
As an alternative, CAPX pursued a bifurcated structure whereby the term debt was provided by direct lenders and their higher costs were subsidized by an inexpensive ABL
Clubbed Deal
CAPX clubbed the deal with a pair of lenders, despite the capacity of every lender who provided a term sheet to underwrite the entire deal
Why? Because doing so affords the PE firm a working relationship with multiple lenders who have capacity to fund future acquisitions
This, combined with the pari-passu flexibility, enables the PE firm to obtain additional debt without having to source new lenders, negotiate terms and pay for legal documentation
CLIENT SATISFACTION
CLIENT SATISFACTION
“Partnering with CAPX was a game changer. Not only did it speed up the process, we were able to secure multiple term sheets which put us on a stronger footing. We negotiated flexible terms that we probably would not have gotten otherwise. I cannot recommend this service enough!”
Robert Nourmand
Managing Director, Balmoral Funds
“Partnering with CAPX was a game changer. Not only did it speed up the process, we were able to secure multiple term sheets which put us on a stronger footing. We negotiated flexible terms that we probably would not have gotten otherwise. I cannot recommend this service enough!”
Robert Nourmand
Managing Director, Balmoral Funds
“Partnering with CAPX was a game changer. Not only did it speed up the process, we were able to secure multiple term sheets which put us on a stronger footing. We negotiated flexible terms that we probably would not have gotten otherwise. I cannot recommend this service enough!”
Robert Nourmand
Managing Director, Balmoral Funds
CAPX PLATFORM BENEFITS
Why rely on a small network of lenders?
Discover 60+ national, regional and even local banks and non-bank lenders. Our proprietary algorithm matches borrowers with only the most appropriate lenders
CAPX also partners with borrowers to help them understand how lenders evaluate risk, and position their deal to meet long-term growth objectives. At no cost to the borrower!
Why rely on a small network of lenders?
Discover 60+ national, regional and even local banks and non-bank lenders. Our proprietary algorithm matches borrowers with only the most appropriate lenders
CAPX also partners with borrowers to help them understand how lenders evaluate risk, and position their deal to meet long-term growth objectives. At no cost to the borrower!
Why rely on a small network of lenders?
Discover 60+ national, regional and even local banks and non-bank lenders. Our proprietary algorithm matches borrowers with only the most appropriate lenders
CAPX also partners with borrowers to help them understand how lenders evaluate risk, and position their deal to meet long-term growth objectives. At no cost to the borrower!
There is no cost for this consultation, and you are under no obligations or commitments to join CAPX. Upon scheduling your free consultation, one of our debt experts will contact you to provide a credit overview of your business.
© 2017-2024 CAPX. All rights reserved. Loans arranged pursuant to a California Finance Lenders Law license
There is no cost for this consultation, and you are under no obligations or commitments to join CAPX. Upon scheduling your free consultation, one of our debt experts will contact you to provide a credit overview of your business.
© 2017-2022 CAPX. All rights reserved. Loans arranged pursuant to a California Finance Lenders Law license
