Disclosure. For US accredited investors only under Reg D 506(c). This page is informational, not an offer. Any commitment requires accreditation verification, KYC/AML, and execution of definitive documents. Targets are estimates. Capital is at risk.
Reg D 506(c) Private Credit — Asset-Backed Loans with First-Lien Protection
We run a senior-secured private credit strategy focused on short-duration, asset-backed loans. First-lien where possible, strict covenants, cash control, and monthly USD distributions. You get steady cash flow; we do the origination, underwriting, servicing, and workouts.
1. Snapshot
| Item | Outline |
|---|---|
| Vehicle | Private LP/LLC with SPV sleeves per pool. Reg D 506(c); verified accredited investors only. |
| Strategy | Senior-secured ABL across receivables, equipment, inventory, and select bridge facilities. |
| Target Net Yield to Investors | 7–10% per year, paid monthly in USD (policy, not a guarantee). |
| Duration | Weighted average life ~6–18 months; active recycling. |
| Security Package | First-lien, UCC-1 filings, assignments, cash dominion/blocked accounts; covenants with fast triggers. |
| Minimum Ticket | Typically $250k; larger allocations prioritised. |
| Fees | Management fee plus performance over an investor preferred return. Full schedule in the PPM. |
| Liquidity | Monthly or quarterly windows with notice; gates may apply to protect the pool. |
| Reporting | Monthly statements; annual audit; K-1 if LP/LLC structure. |
| Key Risks | Credit losses, collateral impairment, servicing failure, concentration, legal recovery lags. We mitigate; they don’t vanish. |
2. Why 506(c)
- We can speak openly while restricting access to verified accredited investors.
- Clean process: verify → share full pack → subscribe. No grey areas with retail traffic.
- Better fit for family offices and HNWIs who want clarity and speed.
3. What We Lend Against
- Receivables & contracts: Invoices to creditworthy obligors, assigned and monitored.
- Equipment: Titled assets with strong resale markets; GPS or site inspections where relevant.
- Inventory/working capital: Conservative advance rates, borrowing base tests, frequent audits.
- Select bridges: Short-dated, collateralised, with clear takeout and covenants.
4. Underwriting & Controls
- Advance rates below conservative liquidation value.
- Covenants on leverage, liquidity, borrowing base, and reporting.
- Cash dominion or blocked accounts to control inflows.
- UCC filings, guarantees where appropriate, step-in rights.
- Concentration caps by borrower, sector, tenor, and geography.
- Third-party admin and audits for oversight.
5. How Investors Get Paid
- Income from coupon/discount and fees across the pool.
- 1–2 months reserve to smooth payouts; policy-based monthly distributions in USD.
- Waterfall: costs → expenses → management fee → reserve → investor preferred return → GP performance over the pref.
6. Liquidity & Redemptions
This is not a trading account. We offer periodic windows with notice so assets aren’t fire-sold. Gates may apply in stress to protect remaining investors.
7. Risks (Plain English)
- Defaults can and will happen. Recovery timing isn’t always fast.
- Collateral can lose value or be disputed. Legal work costs time and money.
- Servicing matters. Bad controls break good models.
- Macro shocks can slow repayments or exits.
We price, structure, and monitor to keep loss-given-default low and cash flowing. No fairy tales.
8. How to Subscribe
- Confirm accredited status (Reg D 506(c) verification).
- Review PPM, LPA/LLC agreement, and risk factors.
- Sign subscription docs; fund on call date.
- Start monthly payouts after first accrual, per policy.
Want monthly USD income with first-lien collateral and hard covenants? Request the investor pack (PPM, sample statements, pipeline).
Request AccessDisclaimers
- Not an offer or solicitation. Any offer is made only through definitive documents.
- Targets are not guarantees. You can lose capital.
- Liquidity is limited to scheduled windows and may be gated.
