SG Credit Partners Enters Collateral-Based Lending Arena, Names Butler Managing Director
SG Credit Partners started a collateral-based lending division and hired Nathalie Butler as managing director of underwriting to lead the group.
Butler has more than 20 years of experience of asset valuation, disposition and, most recently, lending.
The goal of the collateral-backed lending group is to provide liquidity solutions across a variety of collateral, including inventory, real estate, equipment, intellectual property and high net worth assets.
“Our collateral-based product is still meant to complement our bank and ABL partners providing revolvers and, in certain cases, to provide a comprehensive, one-lender solution for speed and efficiency to close,” Charlie Perer, head of originations at SG Credit Partners, said.
“There is a real need in the market for a firm focused on the lower end of the middle market to be able to finance multiple forms of collateral in a transaction as well as on a stand-alone basis. Today marks the start of SG Credit being able to provide a full suite of complementary solutions to the ABL community by focusing on non-conforming and esoteric assets,” Andrew Hettinger, chief information officer of SG Credit Partners, said.
“We are pleased to welcome Nathalie to the team. Her addition gives us a unique spectrum of collateral-based liquidity solutions to both businesses and business owners. This new line of business coupled with our national reach positions us to lead the market in financing both business and high net worth guarantor assets,” Marc Cole, CEO of SG Credit Partners, said.
SG Credit Partners is a national lender providing $1 million to $10 million structured debt solutions, including collateral-based, cash flow, recurring revenue, high net worth and special situations.