How does SGCs funding compare to traditional funding?
Structured Growth Capital Bank Venture/Investors Funding Applications No Industry Limitations Traditional Start-Up Expansion/Growth/Mezzanine Recourse No; Funding is non-recourse to borrower Yes; Funding is recourse to borrower and often personal Yes: Funding is recourse to borrower Funding Scope $5 million and up Limited by department and credit review committees Highly variable and dependent on fund size Loan to Value 100% net present value of future payment stream Typically 10% – 50% Typically 10% – 70% Interest Rate Fixed; Competitive Not Fixed; May be competitive Not Fixed; Not Competitive Fees or Equity Grants None Closing & renewable fees Typically Fees AND Equity Time to close 2 – 4wks 90+ Days 6mos – 18mos Post Funding Reporting None Quarterly Monthly/Daily Repayment Structure Customized to suit specific cash flow needs of project including option to defer start of repayment for up to 10 years Restrictive/Rigid 5-7 yr 10x Investment return expectation Covenants & Reporting to
