Cadwalader Logo
Link to home page
Filters »
Search
Fund Finance Friday banner Fund Finance Friday banner Fund Finance Friday banner
Search
Filters »
Making the Case for a Flat Advance Rate
October 18, 2019 | Issue No. 50

Jeff Maier, Managing Director of Private Equity Finance at First Republic Bank, authored an article last week arguing for a flat advance rate as an alternative to the borrowing base formula traditionally used in subscription-backed credit facilities. Jeff gives a brief synopsis of the simplicity of a flat advance rate and explains how its use will typically yield a similar result as an investor-by-investor borrowing base formula. Take a look here.

Search
Filters »

Quick Links

»
Primers
»
Primers
© 2024 | Notices | Manage Subscription | Contacts