Loan Types
$1MM – $10MM Commercial Loans
We provide commercial loans to successful entrepreneurs for all types of reasons. Typical loans include:
Acquisitions: Acquisition loans can help your company buy another business or cover significant capital expenditures.
Growth: Loans for the purpose of fueling growth including inventory, equipment, marketing, expansion, new facilities, and product development.
Recapitalization: Loans help align your balance sheet, professionalize your financial picture, enable acquisitions, or enhance the sales price of your business.
Owner Payments: A loan to owners can allow you to buy out a partner, fund dividends or achieve other objectives in your life. Prudent debt can provide liquidity without dilution or change of control.
Special Situations: Each one of our clients has a special set of circumstances. We work to find the right lending solution for each of their businesses.
Traditional Loan Terms
Interest Rates
Floating Rate
Floating rate loans with margins of 3% - 7% over US Prime Rate
Loan Structure
Term Loans & Lines of Credit
1 - 5 year maturity terms
2 - 10 year payment schedule
Typical Fees
Loan Origination Fees of 1% – 2%
Up to 20% of our overall commitment can be structured as a revolving line of credit. We are happy to split origination fees with introducing brokers.
Welcome to PPL
Our Requirements
- Must be a corporate / LLC borrower
- No startup businesses
- No other senior secured debt (we can refinance existing senior secured debt prior to funding our loan)
- First lien on sufficient assets or a demonstrated sufficient cash flow
- Credible business plan
- Typically guaranteed by owner(s)
``During Covid we had a downturn that impacted our bank loan covenants. When we needed our bank most their regulations made it impossible to work with them. Pasadena Private stepped in and very quickly provided us with the capital we needed to maintain our business. We are back to growing thanks to Pasadena Private Lending.``
President of an electronics assembly and distribution company
Whether for an acquisition, refinancing, or growth capital, our team of experts is here to help you access funding for all types of opportunities.