Main Street Lending Program Advisory

Clearcove helps borrowers and their regional bank lenders identify creative credit solutions to refinance their outstanding MSLP loans.

A Full Service Placement Process

01

Transaction Structuring and Capital Markets Advisory

We become experts in your business
Level set on transaction goals and financing requirements

02

Due Diligence Management & Marketing Preparation

Formulate outreach plan and generate marketing materials
Determine appropriate sources of capital
Build out comprehensive data room

03

Lender Identification & Outreach

Outreach to relevant capital providers
Coordinate client-investor introductions
Real-time adjustments on strategy when needed

04

Term Sheet Procurement & Negotiation

Facilitate document requests
Maintain a competitive deal environment
Circulate terms sheets

Why Refinance with Clearcove?

Exclusive MSLP Focus

Clearcove's founders worked on some of the first MSLP originations in 2020. Clearcove is now the only firm in the country to have established a "MSLP" specific coverage group.

Strong Network

Clearcove maintains strong relationships with leading banks, private credit firms, and family offices. We run a bespoke, data-driven process to identify capital providers for your business.

Save Time & Money

Clearcove structures a competitive placement process that lands borrowers the most attractive terms in the market, saving them a substantial amount of time and money.

Our Borrowers

EBITDA: $2,000,000 +

Loan Size: $5,000,000 - $75,000,000

Transaction Types

Senior Debt
Mezzanine Debt

Asset Based Lending
Equity Recapitalization

Industry Focus

Energy
Healthcare
Industrials
Business Services

Media & Entertainment
Transportation
Manufacturing
More.

Benefits of a Borrower Refinance

Remove Restrictive Covenants

Businesses can refinance into a structure that allows for continued growth without the burden of restrictive MSLP covenants.

Economic Outlook is Uncertain

Consensus on Wall Street maintains that rates will remain high throughout 2025. The few pools of available capital in the market will continue to be drawn upon heavily.

Extend Loan Term

MSLP borrowers are weighed down by substantial, fast approaching debt service payments.

Reduce Regulatory Risk

The MSLP is a non-forgivable loan program. The governing body of the MSLP (SIGPR) has opened a total of 75 cases against MSLP borrowers.

More About Clearcove

Since working on some of the program's first originations in 2020, the Clearcove team has become experts in the MSLP facility. Clearcove is the first advisory firm in the country with a strategic focus on MSLP exit options.

With significant principal payments due in December of 2024, Clearcove recognizes the need for borrowers to explore refinances. Clearcove has curated a diverse array of solutions tailored to address the needs of participating borrowers.

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