Commercial Finance
Sherwood Finance, LLC (Sherwood Finance) is a joint venture with CIT, which brings together a leading edge business consulting firm, Sherwood Partners and a premier commercial finance company.
Sherwood Partners is recognized in the technology and life science industries as a leader in financial restructuring, corporate turnaround, investment due diligence, crisis management, IP monetization, treasury support services and corporate wind-downs.
CIT has over $60 billion in assets and holds a leading position in asset based lending, non-recourse factoring, vendor financing, and equipment financing. Founded in 1908, CIT has approximately 6,000 employees in locations throughout North America, Europe, Latin America, and the Pacific Rim. CIT is about to complete an acquisition of a major factoring and asset based lending organization in Europe.
This joint venture offers unique insights for venture finance and technology lending. With our collective backgrounds, we can quickly understand your financing situation in the context of your business model, industry prospects, and asset base. This will allow us to respond promptly, to create an appropriate financing package and to maximize advances against your assets. Our deep experience in restructuring, lending, and asset valuation enable us to price the risk more effectively while allowing us to be most flexible with regard to advance rates, covenants, and structure.
Sherwood Finance/CIT is targeting later stage and middle market technology and life science companies with revenue of $5 million to $250 million+. We are open to a wide variety of financing situations, including: growth capital, acquisitions, buyouts, going private, recapitalizations, refinancing, working capital, and turnaround.
Sherwood and CIT are trusted names in the Technology, Legal, Financial and Wall Street communities.
Catch Us at the Following
- September 3 - 7, 2008
American Bankruptcy Institute
Southwest Bankruptcy Conference
Four Seasons Hotel
Las Vegas, NV
www.abiworld.org - November 12 - 14, 2008
Commercial Finance Association
64th Annual Convention
San Francisco Marriott
San Francisco, CA
www.cfa.com