Our Offering

We lend to established, performing companies seeking capital to pursue a significant opportunity.

Our Criteria

BORROWER PROFILE

Revenues: $5 – $50 million
EBITDA: $1 – $5 million
Operating History: > 3 years
Management: > 10 years experience
Concentrations: Top 5 customers < 35% sales

EXAMPLE LOAN TERMS

Loan Amounts: $500,000 – $5 million
Pricing: Mid-teens interest rates (cash-pay and accrued)
Loan Term: – 5 years
Amortization: Partial or full
Equity/Warrants: None – non-dilutive

Exclusions

EXCLUDED SITUATIONS

  • Companies with under $1 million trailing EBITDA
  • Thin equity or all-debt capital structures
  • Distressed or turnaround situations
  • Startups / venture debt
  • Investment real estate

EXCLUDED SECTORS

  • Restaurants
  • Construction
  • Consumer finance
  • Energy and commodities
  • Vice and other non-bankable sectors

Example Process & Timing

1 Initial Screen
2 to 3 days
Initial indication of interest, including a term sheet for presentation to the borrower.
2 Financing Commitment
2 weeks
Delivery of formal loan commitment, including detailed terms and closing items.
3 Closing and Funding
2 to 4 weeks
Documentation, closing and funding of the transaction concurrent, if applicable, with the senior lender.

Ready to Learn More?

© 2021 ILC Fund Advisors, LLC.  All rights reserved.
IntraFi Local Credit loans are originated by a lender managed by ILC Fund Advisors, LLC (“ILC”) and are subject to the terms and conditions in definitive agreements to be entered into between a borrower and the lender. All product offerings, services, terms and conditions are subject to change without notice. Not all products and services are available in all geographic areas. This is not a commitment to lend or a guarantee of financing. All loans are subject to receipt of a complete application, credit approval, and other conditions. Products offered are not consumer loans. Terms and process are illustrative only, may not be indicative of the terms or process that may actually result, and are subject to change at any time. Loans may be subject to commitment and other fees, as applicable. IntraFi and the IntraFi logo are service marks of IntraFi Network LLC and are used by ILC pursuant to a license.