Lender Finance

Our Lender Finance Group is the firm’s investment platform dedicated to providing secured asset-based loan financing to financial services and specialty finance companies based in the United States and Canada.

The Lender Finance Group offers creative, clear and quick financing solutions for fast and reliable closings; delivers certainty, typically through fully underwritten transactions; and plays a strong leadership role in investments.


Approach

As an experienced financier, the Goldman Sachs Lender Finance Group seeks to hold sizeable positions and play a leadership role in our investments.

Our focus on underwriting the underlying value of the financial assets allows us to provide creative solutions for issuers. We are dedicated to providing financing solutions for transactions greater than $20 million. These fully underwritten financings could be used to finance ongoing originations, finance an existing pool of financial assets originated by an issuer or to finance the acquisition of a pool of financial assets by a buyer.

Experienced Team of Investors. We have a highly skilled team of investing professionals with expertise across various asset classes and multiple credit cycles, which allows us to develop creative financing solutions unique to other potential financing partners.

Investing with Goldman Sachs. Our long history of financing allows us to focus our underwriting on the underlying financial assets and understanding our client’s needs.

Committed Financial Services and Specialty Finance Focus. Our deep understanding and knowledge of underlying financial assets allows us to continue to provide financing opportunities.

Client Relationship. We create a strong, lasting relationship with issuers as we understand the fundamentals of their businesses which not only allows us to grow with them, but also allows us to quickly identify potential problems and manage them effectively. 


Advantages

We provide financial services and specialty finance companies with a complete financing solution for their financial assets.

Our capabilities present prospective and existing clients with clear advantages.

Responsiveness and Creativity. We deliver clear, quick and thoughtful responses. We are a full service provider with a substantial investment in back office capabilities, and sophisticated and experienced investment and asset management teams with the ability to think outside traditional credit parameters.

Fully Underwritten Transactions. We seek to fully underwrite our transactions to eliminate syndication risk for our clients.

Relationship with Goldman Sachs. Our clients not only have access to loans, but access to all the client offerings that Goldman Sachs provides to the marketplace. We intend to hold a significant, meaningful investment, which allows us to assume a leadership role should issues arise.

Risk-Adjusted Return Investing. We assess and price risk based on our extensive knowledge of the underlying financial assets. We have a unique prospective on asset performance that allows us to maximize value for issuers. 
 

Investment Profile

Investments typically have the following characteristics:

TRANSACTION TYPE:

Revolving Warehouse Lines: Used to finance ongoing originations of financial services and specialty finance companies based on agreed upon underwriting standards

Term Financings: Used to finance an existing pool of financial assets, originated by an issuer, that will liquidate over time, or to finance the purchase of a pool of financial assets by a buyer

INVESTMENT SIZE/TERM/RATE:

Greater than $20 million

  • Typically two to four years

  • Rate is risk dependent, but market competitive

INVESTMENT STRUCTURE:

  • Senior, secured, first lien debt against financial assets typically in a special purpose vehicle

FOCUS AREAS:

  • Auto Finance (Non-Prime)

  • Consumer Finance (Credit Cards and Other General Unsecured)

  • Leasing (Micro-, Small- and Medium-Ticket)

  • Commercial Finance (Factoring and Small Balance Asset-Based Lenders)

  • Other Esoteric Asset Classes


Contacts

New York Headquarters
200 West Street
New York, New York, 10282
212-902-1000

Atlanta
11605 Haynes Bridge Road, Suite 695
Alpharetta, Georgia 30004 
770-663-6160

Chicago
71 South Wacker Drive, Suite 2110
Chicago, Illinois 60606 
312-629-7800

Dallas
6011 Connection Drive
Irving, Texas, 75039 
972-368-5000

Irvine (Los Angeles)
8105 Irvine Center Drive, Suite 560
Irvine, California 92618 
949-790-3737 
 

 

 

 

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