Super G Funding, a leading national provider of residual and cash flow based loans to lower middle market businesses, announced the hiring of Steve Bellah. Based in Dallas, Bellah is joining Super G to help scale the growing Cash Flow Lending division of Super G with a specific focus on continuing to build strong partnerships with commercial lenders and deal professionals.
Bellah brings a unique and diverse background to Super G with proven experience scaling specialty finance companies throughout his career and executing complex transactions such as leveraged buyouts, turnarounds, debtor-in-possession financing, changes of control and other special situations. Bellah has built substantial portfolios for institutions such as The CIT Group, GE Capital, Wells Fargo Foothill and has helped build asset based lending businesses and turnaround consulting firms, such as Porter Capital, Clear Thinking Group, and most recently, Siena Lending. Heholds a BA in Economics and Finance from the University of Texas at Dallas and is President of the Southwest Chapter of the Commercial Finance Association (CFA).
“Steve will help us grow our 2nd lien stretch piece business and bring new relationships given his ties to the commercial finance, private equity and turnaround communities,” said Charlie Perer, Director of Super G’s Cash Flow Lending division.
“I am very excited to join Super G and create national awareness for our unique airball product which allows senior lenders to onboard new clients and retain existing clients when there is a financing gap," stated Bellah.
Super G Funding is an alternative lender specializing in residual and cash flow loans. Super G’s mission is to fill the credit void in the lower middle market by providing non-dilutive, senior and subordinated debt solutions to businesses in need of financing for working capital, growth capital, acquisition capital, or special situation financing. Super G’s second lien product is complementary to senior lenders and is structured to fund the financing gap or airball—the portion of a loan that exceeds the amount supported by the underlying collateral and is dependent on support from the company’s cash flow or enterprise value.
Super G lends up to $5 million per transaction in the form of a fully-amortizing cash flow term loan with a 6-36 month term (pricing contingent on credit profile).