Corporate Financing
Corporate Finance Programs
MONETIZING
We have the ability to monetize future payment streams where
there's an unconditional promise to pay by a rated entity (Moody's/S&P).
We also have the ability to perfect, imperfect deals by using an
instrument like a letter of credit from a money center bank to guarantee
repayment of the money advanced
If you believe you qualify for monetizing or have any further questions about monetizing please do not hesitate to contact us.
LIBOR PROGRAM OVERVIEW
Armstrong Capital (AC) has developed special relationships with a select group
of the most prestigious financial institutions in the world. Through these
relationships AC can provide extremely low rates and unique programs to
established business entities seeking financing. Our variable rates are tied to
LIBOR and have averaged 3.9% to 5.25% per annum. Fixed rates are also available,
though they are often higher than the variable rate product. We offer cash flow
lending, asset based lending, or a combination of both. The features and
requirements are as follows:
TERMS & CONDITIONS
- RATE: tied to 30 day LIBOR
- LOAN AMOUNT: from $1,000,000 to $500,000,000
- TERM:
Option 1: Annually renewable Commercial Credit Lines (borrower can select
interest only payments)
Option 2: 84 month Reducing Revolver Credit Lines (amortizes both
principal & interest). At any time during the term, reduced principal
becomes available.
Option 3: For qualified borrowers, depending on collateral and credits, a
longer amortization and due date, or a longer amortization with a shorter due
date or payoff (e.g. 20 year amortization, 10 year payoff), or a certain period
of interest only payments followed by a term amortization.
PRIME PLUS AND ASSET-BASED PROGRAMS OVERVIEW
We at Armstrong Capital (AC) have put in place programs to handle less than
“A” credit business as well. AC arranges primarily asset-based loans ranging
from $500,000 to $50,000,000, and applies a great deal of creativity to the
structuring of these loans to facilitate their successful funding. The rates are
generally higher than those of our LIBOR program, as they are tied to Prime,
while the terms and conditions often require a tailored and unique format. Five
people with many years of financial experience and advanced degrees operate this
division.
MINIMUM PREREQUISITES FOR APPLICANTS (ALL PROGRAMS)
a) Borrowing entity must be in business for 3 years or more,
b) Previous 2 years must have been profitable.
c) Debt Coverage Ratio (“DCR”) must be at least 1.25 to 1.
d) Fully Refundable Proposal Deposits are required. The amounts are determined
by nature and size of the transaction.
TO DEMONSTRATE THE FLEXIBILITY OF OUR PROGRAMS, SEE BELOW FOR SOME RECENT
TRANSACTIONS:
1) National theatre chain requires $31 million to pay off existing line of
credit.
2) Payroll and accounting software development company required $8 million to
expand its $700 million business, plus $9 million for loan to equity for
purchase of a Brownstone Office Building in New York.
3) Franchise chain required $4 million for tenant improvements and working
capital.
4) Nursing home chain requires $2.5 million for expansion.
5) Dental Clinics require $16 million to consolidate existing loans.
6) Nursing and psychiatric hospital chain required $56 million to re-finance
existing property loans.
7) Existing service industry client: funded $8 million amortized over 20 years
against an office building with an appraisal of $12 million.
8) Other examples available upon request.
Contact us TODAY for our to see how we can help you at 800-845-3055.
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