2025
Manufacturing · United States
- Local jobs
Mid-market manufacturer growth loan
$4.2M
Structure: 7-year amortising term loan
Outcome: New automated line; headcount +60 in western North Carolina.
Related productBusiness
Personal & Business Loans
Collateral optionalFlexible term capital for entrepreneurs, professionals and growing companies.
- Indicative rate
- 8.9% – 14.5%*
- Amount
- $50K – $5M
- Tenor
- up to 10 yrs
*Indicative APR range. Subject to credit approval. Not an offer of credit.
- Amount
- $50,000 – $5,000,000
- Indicative APR*
- 8.9% – 14.5%
- Representative rate
- 10.9%
- Max tenor
- 120 months (10 yrs)
*Indicative only. Subject to credit approval.
8.9% – 14.5% · up to 10 yrs · Arrangement fee 1% – 0.75%
Calculate repaymentsOur Personal & Business Loans give founders, professionals and operating companies straightforward term capital without the friction of a full project-finance process.
Facilities can be fixed or floating, amortising or with a partial balloon, and are sized to verified operating cash flow rather than collateral alone.
Key features
- Fixed or variable pricing
- Terms 12–120 months
- No early-repayment penalty
- Cash-flow first; personal guarantee optional
Eligibility
- Operating history of 2+ years (or 5+ years professional track record)
- Audited or reviewed financials for the last two years
- Debt service coverage of at least 1.25x
- Clean KYC/AML and beneficial-ownership disclosure
Use of proceeds
- Expansion and new locations
- Working capital and inventory
- Refinancing higher-cost debt
- Acquisitions and buy-outs
Typical covenants
- Minimum DSCR 1.25x tested semi-annually
- Maximum Net Debt / EBITDA 3.5x
- Annual audited accounts within 120 days
- Negative pledge on core operating assets
Draw schedule
Single drawdown at closing, or up to three tranches within 6 months for staged expansion.
Indicative term sheet
Indicative terms — Personal & Business Loans
- Borrower
- [Borrower Co.], a limited liability company
- Amount
- Up to USD 2,500,000
- Tenor
- 84 months
- Pricing
- Fixed 10.9% p.a. (indicative)
- Fees
- Arrangement 1.0%; no prepayment fee after month 12
- Security
- Cash-flow first: unsecured where DSCR ≥ 1.25x; optional general security agreement or personal guarantee for larger or newer facilities
- Repayment
- Equal monthly instalments of principal and interest
Selected transactions · Business
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