SG Credit Partners has started a collateral-based lending division and hired Nathalie Butler to be Managing Director, Underwriting to lead this group. Butler has over 20 years of experience including asset valuation, disposition and most recently lending. Previously she was part of the senior team that built a leading specialty finance company. This new group was formed to fill the void left by the lending community unable to finance illiquid and esoteric assets or other situational bridge needs up to $10 million in loan size.  

The goal of the collateral-backed lending group is to provide liquidity solutions across a wide variety of collateral including inventory, real estate, equipment, intellectual property and high net worth assets.  “Our collateral based product is still meant to complement our bank and ABL partners providing revolvers and in certain cases to provide a comprehensive, one-lender solution for speed and efficiency to close,” said Charlie Perer, Head of Originations.

“There is a real need in the market for a firm focused on the lower end of the middle market to be able to finance multiple forms of collateral in a transaction as well as on a stand-alone basis. Today marks the start of SG Credit being able to provide a full suite of complementary solutions to the ABL community by focusing on non-conforming and esoteric assets,” said Andrew Hettinger, CIO of SG Credit.

“We are pleased to welcome Nathalie to the team. Her addition gives us a unique spectrum of collateral-based liquidity solutions to both businesses and business owners. This new line of business coupled with our national reach positions us to lead the market in financing both business and high net worth guarantor assets,” said Marc Cole, CEO of SG Credit Partners.