Direct Lending & Mezzanine Debt
Unitranche and subordinated facilities from credit funds, including PIK components that roll interest into principal — preserving cash through the build-out and pushing the servicing burden to exit.
SKY Financial Solutions/Private Funding/ Lending
Section C
When the bank route is too slow, too covenanted or simply closed, private capital buys certainty. It prices higher — and it closes on the timetable the transaction actually needs.
Unitranche and subordinated facilities from credit funds, including PIK components that roll interest into principal — preserving cash through the build-out and pushing the servicing burden to exit.
Facilities sized against the borrowing base — receivables, inventory, plant and property — rather than against earnings. Capacity grows with the asset pool, which suits businesses whose balance sheet leads their P&L.
The channel earns its premium where a deadline is real: management buyouts, rapid acquisitions with a fixed completion date, and situations where a bank timetable would simply lose the asset.