North Atlantic Capital

Description

• At North Atlantic Capital, we provide growth capital to innovative technology companies across the United States.  Founded in 1986 and based in Portland, Maine, we are currently investing our fifth fund, which is capitalized at more than $123 million. We target high-growth, later-stage technology businesses with annual revenues of more than $10 million. Our initial investments are structured as subordinated debt with warrants or equity features, and typically range between $5 million and $10 million. More Flexible than Debt. Less Costly than Equity.Structured Debt FeaturesOur structured debt offering has several attractive characteristics for rapidly growing businesses seeking patient risk capital:No financial covenantsSix-year term with no principal payments due until maturityFixed interest rate for term of the loanDeeply subordinated to senior working capital loansOur pricing compares very favorably to equity financings, and our structure is far more flexible than traditional venture debt. Typical ApplicationsNorth Atlantics structured debt has been utilized in the following situations:As final growth capital raised in anticipation of an exitTo provide founder or shareholder liquidityTo refinance existing mezzanine or venture debt that is amortizingTo finance acquisitions
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  Headquarters:2 City Ctr Ste 5 , Portland, Maine, United States

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  Phone Number: +1 207-774-6025

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  Website: https://www.northatlanticcapital.com

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  Employees:7

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  Revenue:$50 - 100M

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  Legal Name:North Atlantic Capital

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• |  NAICS Code: 423990  |

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