The Asset Based Lending Masterclass Part II of III. Raising Debt Capital for your Specialty Finance, Fintech Lending, or Alternative Lending Platform with Special Guest and Asset Backed Podcast Contributor Matt Edgar, Founder & CEO of Edgar Matthews
The Asset Based Lending Masterclass Part II of III. Raising Debt Capital for your Specialty Finance, Fintech Lending, or Alternative Lending Platform with Special Guest and Asset Backed Podcast Contributor Matt Edgar, Founder & CEO of Edgar Matthews
Matt Edgar, Founder & CEO of boutique investment bank Edgar Mathews & Co., and I recently recorded part two of our three part series Masterclass in Asset Based Lending. This is episode II of III.
In recent months specialty finance, asset based finance, and different related credit themes have gotten significant attention in the press and from market participants. Together Matt and I dive into the process of how a growing lending business raises debt financing. This content will be particularly beneficial we believe for growth-stage and middle-market sized originators and lending businesses who are seeking to execute their first securitization and rated transaction. Originators who have previously raised other financing and debt facilities from institutional capital providers and are evaluating the ABS market will find this conversation potentially relevant given the nuances and differences the ABS marketplace presents from other funding markets. I hope you enjoy and join us on each of these special episodes.
Disclaimer: Nothing contained herein is, or shall be relied upon as, a promise or representation as to the past or future. This conversation has been prepared solely for informational purposes and is not to be construed as a solicitation or an offer to buy or sell any securities or related financial instruments. Viewers should not construe the contents of this conversation as legal, regulatory, tax, accounting or investment advice or a recommendation. Viewers should consult independent counsel, tax and financial advisors as to legal and related matters concerning any transaction.
The topics in Part II of III include:
Matt Edgar, Founder & CEO of boutique investment bank Edgar Mathews & Co., and I recently recorded part two of our three part series Masterclass in Asset Based Lending. This is episode II of III.
In recent months specialty finance, asset based finance, and different related credit themes have gotten significant attention in the press and from market participants. Together Matt and I dive into the process of how a growing lending business raises debt financing. This content will be particularly beneficial we believe for growth-stage and middle-market sized originators and lending businesses who are seeking to execute their first securitization and rated transaction. Originators who have previously raised other financing and debt facilities from institutional capital providers and are evaluating the ABS market will find this conversation potentially relevant given the nuances and differences the ABS marketplace presents from other funding markets. I hope you enjoy and join us on each of these special episodes.
Disclaimer: Nothing contained herein is, or shall be relied upon as, a promise or representation as to the past or future. This conversation has been prepared solely for informational purposes and is not to be construed as a solicitation or an offer to buy or sell any securities or related financial instruments. Viewers should not construe the contents of this conversation as legal, regulatory, tax, accounting or investment advice or a recommendation. Viewers should consult independent counsel, tax and financial advisors as to legal and related matters concerning any transaction.
The topics in Part II of III include:
- Term sheet basics and advanced concepts once you have identified lenders interested
- What are the main structures through which a specialty finance originator can access capital?
- What are the different types of investors that can be approached?
- What are considerations for each cohort of investor?
- We walk through some of the key structural features of ABL facilities
- What are the main structures through which a specialty finance originator can access capital?
- What are the different types of investors that can be approached?
- What are considerations for each cohort of investor?
- We walk through some of the key structural features of ABL facilities
- Eligibility Criteria
- Excess Concentrations
- Minimum Utilization & Accordions
- Financial Covenants
- Collateral Quality Tests & Triggers
- Events of Default
- Other
- An overview of the closing and funding process of asset-based financing facilities
- Biggest mistakes borrowers make when raising
- Biggest mistakes borrowers make when raising
Please reach out with any comments, questions, or feedback about this series or previous shows. You can reach me at andres@specfintech.com
Creators and Guests
Host
Andres Sandate
Husband, 3x Dad, Latinx, SpecFin, FinTech, Private Credit, ATLalts and Asset Backed Pod Host, SEAFA President., Ball Coach, Kansas Jayhawk, B&R in KS, Live in Atlanta
