SR Alternative Credit

SR Alternative Credit, based in Darien, Connecticut, specializes in providing asset-based financial solutions to small and medium-sized enterprises. The company focuses on creating structured transactions that cater to the unique needs of each borrower. With a foundation established in 1996, SR Alternative Credit has developed expertise in lending against various assets, including consumer and commercial receivables, hard assets, and inventory. The firm was acquired by Spouting Rock Financial Partners in January 2022, further enhancing its capabilities in the alternative asset management sector.

Jeff Haas

Portfolio Manager and President

2 past transactions

Silfab Solar

Debt Financing in 2024
Silfab is an Italian pioneer in the photovoltaic industry, specializing in the design, development, and manufacturing of high-efficiency solar modules. The company is known for its Elite Series panels, which are recognized for their superior efficiency among solar panels produced in the United States. Silfab's offerings include advanced monocrystalline and bifacial photovoltaic modules, utilizing polysilicon technology to enhance energy generation. By focusing on premium quality and innovative solutions, Silfab aims to contribute significantly to the renewable energy market, providing reliable and efficient solar energy options.

HealthGrowth Pharmacy Solutions

Debt Financing in 2020
HealthGrowth Capital, LLC, based in Austin, Texas, is a financial institution that specializes in direct lending solutions for community pharmacies and small businesses within the healthcare sector. The firm offers a comprehensive range of financial products, including its proprietary PharmLine revolving line of credit, SBA loans, asset-based loans, and equipment financing options. HealthGrowth Capital's financing solutions are designed to address various needs, such as bridging delayed reimbursements, acquiring new equipment, enhancing operational strategies for low-margin prescriptions, and funding advertising campaigns to attract new customers. Additionally, the firm supports the establishment of new pharmacies, assists with payroll gaps, and facilitates staff hiring through its lending vehicles, which include HealthCap ABL, HealthCap Advance, and HealthCap Loan.
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