Innovative Credit for Entrepreneurs and Investors with Illiquid Assets
New York Private Finance provides tailored financing solutions, using illiquid assets as collateral, with transaction sizes ranging from $5MM to $30MM
New York Private Finance is a wholly-owned subsidiary of Emigrant Bank. Since 1850, Emigrant Bank is one of the oldest and largest privately owned banks in the United States.
We help borrowers unlock and leverage the value of their alternative assets
By enabling clients to borrow against their illiquid private stock and other private assets, NYPF’s credit facilities offer an alternative to traditional capital sources and allow entrepreneurs to avoid dilution and maintain control.
We provide loans to individual borrowers for a wide range of uses, including:
Acquisitions
Independent Sponsor Financing / NAV Loans
Limited Partner Liquidity
Partner Buyouts /
Changes of Control
Growth Capital
Early-Stage Ventures
Bridge Loans
Refinancings
Summary of Indicative Terms
While many of the terms of our loans are tailored to the specific needs of the individual and the transaction, a summary of Indicative Terms is highlighted below.
Amount
$5 – 30 million
Maturity
3 to 6 years
Collateral
Diversified basket of Illiquid or hard-to-value assets
Rate
Floating rate current coupon and a “participating interest.” Interest reserves and PIK interest offered on a case-by-case basis
Intermediaries
NYPF works closely with financial intermediaries who provide advisory services, both capital raising and merger & acquisition advice, to entrepreneurs in the middle market.
By enabling clients to borrow against their illiquid private stock and other private assets, NYPF’s credit facilities offer an alternative to traditional capital sources and allow entrepreneurs to avoid dilution and maintain control.
Our Team
We are capital structure experts. Our goal with every client is to design a facility that not only provides funds over the course of the loan to address their current financial needs but will also leave them with an improved personal balance sheet upon repayment.
