Solas Finance provides short term asset based loans. We will consider loans that could not be funded by conventional lender for a number of reasons, including for example tight timing requirements. Collateral securing such loans will typically include commercial, industrial or residential real estate. Underwriting and funding can usually be completed within one to two weeks.
Solas Finance also assists management by providing capital to finance Leveraged Management Buy-Out, offensive or defensive exercise of a shotgun clause between partners, and more generally any type of balance sheet restructuring.