why ELEV8

Our Financing Solutions Are

Our Client Profile

Company size

$8+ million in revenue

Financing size

$500K+ in debt

Situations

  • Growth

  • Acquisition

  • Recapitalization

  • Debt Refinance

  • Opportunistic Credit

  • MCA Consolidation

Companies should be profitable or
have a clear path to profitability.

What We Look For
(Typical Terms)

loan size

$500K to $10M

term

12 to 48 months

Payment Structure

Weekly, bi-weekly and monthly repayment structures

Lien Position

First Position, or second position behind a line of credit /bank debt

disbursements

Flexible: capital can be made available on closing, or in multiple tranches tied to growth milestones

Principal Repayment

Tailored to growth strategy, e.g, deferral of principal payments for up to a length of term, large bullet payment at the end of term, fully amortized or seasonality adjustments.

Our pricing structure ensures total alignment with the borrower

In the US, companies with limited tangible assets have difficulty securing financing to fuel their growth. This situation is particularly dire for companies looking for $500K - $10M in funding.


Elev8 PRICING BREAKDOWN

Our placement fee is due upon term sheet acceptance for senior secured loans, with origination fees deducted from loan proceeds. No placement fee applies to junior debt requests.


CLOSING FEE

1.5% - 6% of total loan proceeds, which is inclusive of Elev8’s exit fee.

 

Upon signing the LOI/Term Sheet, the lender may require a separate due diligence fee to fund.

Why choose Elev8

What does Elev8 do?

We provide both longer-term growth capital loans and shorter-term working capital loans/advances, each of which is tailored for a variety of financing solutions.

How long does it take to receive funding for working capital?

We aim to close within 1 to two weeks after providing you with a proposal. We know that working capital is time-sensitive, and we strive to make the entire process streamlined and efficient so you can receive your funds and go back to growing your business.

How long does it take to receive growth capital?

We provide growth capital through 24- to 36-month term loans that offer an interest-only period and/or full amortization. We aim to go from inquiry to term sheet in three weeks.