Non-Sponsored Financing

Transactions where lenders work directly with borrowers, without a bank or intermediary. Non-sponsored financing lenders are responsible for all aspects of due diligence and underwriting, which can take longer than sponsored financing (which often comes with a diligence package prepared by the sponsor firm). However, non-sponsored financing can also allow for a more tailored solution to a company with a harder-to-understand business model or complexities that banks are unwilling (or unable) to consider.