Stretch Finance is a leading provider of revenue-based bridge financing solutions for small to lower middle market companies in the United States of America. Our legacy solution, the “Stretch Piece” can be used to cover a short-term gap as well as a myriad of commercial use-case scenarios that growth-stage companies encounter. This financing instrument effectively “stretches” over that gap, so that the entrepreneurs can meet OpEx obligations until more money comes in and the stretch piece financing can be repaid. Our friendly structure augments existing/new credit facilities and we work in cooperation with and subordinate to commercial banks, asset based lenders, and factors.
Do you or a potential client have a funding gap due to any of the following reasons?
For companies with an existing credit facility, our subordinated stretch piece can help avoid cash-shortages and enable companies to execute on their sales orders, invest in marketing and fund acquisitions while remaining in compliance with their respective senior creditor.
For companies seeking a new credit facility such as a receivables loc or letter of credit instrument, our subordinated stretch piece can help fill funding gaps created by asset-based formulas and/or dry powder/excess availability requirements at close.
Our stretch piece structures are:
Please contact us if you or a client requires a “Stretch Piece”.