Market attributes
Returns
- Equity-like returns with senior debt-like risk characteristics
- Industry is not "plagued" by asset gatherers
- Quarterly distributions
Alignment of interest
- Strong alignment of interest with investors
- Strong underwriting discipline as assets are kept on balance sheet
Marketplace
- Small Medium Sized Enterprises ("SMEs") have struggled since the financial crisis to find banking partners to finance growth opportunities
- Large marketplace allowing for highly selective investment strategy
- Not boom or bust like other large credit markets
Proven track record
- Strong historical returns across multiple credit cycles
Lower risk
- Senior secured
- Low leverage
- Diversification
- Proven track record
- Positive free cash flow businesses only
- Covenants always present
- Board representation
Value proposition
Everside's best practice investing platform makes it a value-add partner for many entrepreneurs, family owned businesses and fund managers and investors.
Diversification
- Diversified across geography and by industry
- Carefully constructed portfolio to optimize risk-reward
Strategy
- Efficient way to invest in a large, inefficient and fragmented marketplace
- Nimble capital provider with strong investment experience
We maximize risk-reward by strategically building a high quality portfolio of US Small Business loans through three complementary pillars:
