Senior Debt
Allied Capital, through its senior loan underwriting group AC Finance can provide senior Term A & B loans, second lien loans and revolving lines of credit to middle market borrowers.  AC Finance structures, originates, syndicates and manages middle market senior loans and can provide fully underwritten commitments up to $150 million.  Senior hold positions are typically $5 million to $75 million.

Click to view our recent senior debt transactions 

Junior Debt
Allied Capital provides all types of junior capital – including second lien, subordinated and convertible debt – to support middle market transactions.  Allied Capital has been a pioneer in the subordinated debt markets since its founding in 1958, and is today among the most active investors in this sector.  We provide junior debt of $10 million to $150 million and are a long-term holder of this investment.

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One-Stop Financings
Allied Capital has the unique ability to provide one-stop financings to middle market borrowers using the strength of our $4.9 billion balance sheet to commit up to $300 million in total senior and junior capital to a transaction. 

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Unitranche Debt
Allied Capital’s unitranche debt facility combines traditional senior and junior debt terms into a single senior debt facility.  It is particularly attractive to smaller companies (with EBITDA < $15 million) that may not have access to the larger senior syndicated loan market.  Our unitranche debt facility blends the cost of senior and junior debt, providing the borrower the ease of a single loan agreement, with a single interest rate from a single lender.  The unitranche structure also offers simplified documentation, reduced amortization requirements, and the ease of future add-ons and modifications.