Intellect Lending invests primarily in Central and Eastern European small and mid-size enterprises, where the supply of primary debt capital is limited and the investment opportunities are most attractive. Amongst the types of direct lending investments are: revolver, first lien, second lien, unitranche, mezzanine and other subordinated debt instruments.
First and second lien senior loans generally are senior debt instruments that rank ahead of subordinated debt of a given portfolio company. These loans also have the benefit of security interests on the assets of the portfolio company, which may rank ahead of or be junior to other security interests. Mezzanine and other subordinated debt are generally unsecured.
Target range for Intellect Lending debt investments is between $5 million and $50 million each, although the investment sizes may be more or less than the targeted range.
Supply Chain Finance business line within Intellect Lending is basically an invoice financing business orientated primarily small and medium size enterprises (SMEs) operating in Central and Eastern Europe and engaged in importing goods from other non-EU regions.
Intellect Lending allows its customers and their suppliers to fund pre agreed trading scenarios in a much safer, competitive and flexible way, adding significant working capital advantages for their supply chain in the process.