Loading...
STRATEGY 2017-04-19T20:35:36+00:00

The North Atlantic Advantage

More flexible than debt.

Less costly than equity.

North Atlantic Capital’s structured debt is unique in the marketplace. A niche between equity
and venture debt, our structure provides more patient capital than traditional venture debt and is less costly than equity.

Download Our Investment Profile Summary

Investment Profile

Industry/Focus:

  • Market-leading, rapidly-growing, technology-based companies

Stage:

  • Venture-capital-backed businesses with revenue above $10 million

Financial Factors:

  • Rapid revenue growth
  • High gross margins
  • Recurring revenue
  • Capital efficient
  • Last capital before cash flow break-even

Deal Size:

  • $5 million – $10 million

Deal Structure:

  • Structured debt/subordinated debt with warrants
  • 6-year term
  • No principal amortization
  • No financial covenants
  • Fixed monthly interest rate
  • Nominally priced warrants in most recent preferred round

Typical Applications:

  • Growth capital
  • Shareholder liquidity
  • Acquisition financing