Company size
$8+ million in revenue
why ELEV8
why ELEV8
Our Financing Solutions Are
Our Client Profile
Financing size
$2+ million 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
$2M to $15M
term
12 to 36 months
Rate
Interest rate >12%; upside: warrants or PIK
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 $2 - $15M in funding.
Elev8 PRICING BREAKDOWN
Our placement fee is due upon the acceptance of the term sheet, while the origination fee is deducted directly from the loan proceeds.
CLOSING FEE
2.5% - 5% 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
As fellow entrepreneurs, we take a collaborative investment approach, delivering creative, tailored debt solutions for our clients. Our team combines the proficiency and sophistication usually reserved for large companies with agility and flexibility. Moreover, we underpin every outcome with our culture’s bold and independent mindset.