- Borrower serves the full credit spectrum of consumers in the power-sports market, from prime to deep subprime (Tiers 1-6)
- Borrower uses cutting-edge technology and sophisticated proprietary models to underwrite and service its leases
Merchant Cash Advance
- Company has been profitable since 2015 with a majority of the earnings reinvested in the Company in new contracts
- Major industries: Hospitality, Healthcare, Construction, etc.
- Direct debit of small business card sales on weekly or daily basis
Specialty Debt Collector
- Borrower is a leading national debt buyer; since inception in 2004, they have purchased almost 900 transactions in both the primary and secondary markets, with over 6 million consumer accounts at ~$8B in face value of consumer obligations
- Core products are private label retail cards and unsecured cards
Media Finance
- Borrower has 5 primary financing products on film and media productions: union deposit advances, distributor minimum guarantees, tax credit advances, merchant cash advances and bridge loans/gap financing
- Borrower has extensive experience in all aspects of movie production, including budgeting, production, payroll, post-production and sales, including an affiliate film production company; loan proceeds used to finance existing loans and new originations
Consumer Installment Loans
- Borrower is a technology driven provider of microcredit loans to underserved and “un-bankable” borrowers
- Core products are loans ranging from $200 to $1k for terms of less than 1 year
Consumer Installment Loans II
- The Company offers unsecured personal loans ranging from $1,500 to $10,000
- The Company has developed a proprietary credit management system that enables it to underwrite the risk of low-to-moderate income customers with below-prime credit
- The Company operates in 11 states
Specialty Finance
Revere Capital closed a revolving credit facility to a motorcycle leasing company
- Borrower is a leading motorcycle lessor, providing leasing programs through an expansive network of more than 1,000 authorized dealers
- Borrower serves the full credit spectrum of consumers in the powersports market, from prime to deep subprime (Tiers 1-6). Revere will finance the lowest credit tier assets (Tiers 5 & 6)
- Loan may be increased to $45 million subject to certain conditions.
Specialty Finance
Revere Capital closed a revolving credit facility to a specialty finance company focused on the film and media industry.
- Borrower provides short-term financing secured by assets such as union deposits, minimum guarantees, tax credits, receivables and intellectual property
- Loan proceeds will be used to finance existing loans and new originations
- $20 million credit facility
Microcredit Loans
Revere Capital co-agented a $35,000,000 revolver loan to a leading national subprime lender.
- The borrower is a technology-driven provider of microcredit loans to undeserved and “un-bankable” customers
- The borrower’s core products are loans ranging from $200 to $1,000 for terms of less than one year, and they recently launched a product for loans of approximately $2,500 with 18-month terms
- Loan proceeds will be used to finance existing loans and new originations