ATLalts is back and we start with specialty finance
First published
01/24/2024
Genres:
business
entrepreneurship
education
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Jason Joseph, Managing Partner & CEO of Trilogy Investment Company returns for an update
Release Date: 03/02/2024
Description: Trilogy Investment Co websiteJason Joseph BioJason Joseph LinkedInLink to First Interview with Jason Joseph on ATLalts in 2021
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ATLalts is back and we start with specialty finance
Release Date: 01/24/2024
Description: Check out my new blog on Specialty Finance and Fintech Lendingsandate.substack.comEmail me at [email protected] me on X at @aesandateFollow me on LinkedIn at https://www.linkedin.com/in/sandate/
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Mike Shum, Co-Founder & CEO of Cascade, a fintech focused on modernizing the private debt and alternative credit market
Release Date: 03/05/2024
Description: Cascade is a fintech platform democratizing access to institutional debt. Co-Founder & CEO Mike Shum and Co-Founder and COO Kyle Meade built a platform to help companies streamline complicated and time-consuming debt processes. Whether raising debt for the first time, or already using multiple debt facilities, Cascade can help.Cascade websiteMike Shum's LinkedInOn this episode of ATLalts, Mike Shum, the Co-Founder and CEO of Cascade, shares his journey and the mission of the company. Mike discusses the challenges in the private debt market and how Cascade is building solutions to simplify and streamline the process. Mike also provides insights on preparing for accessing institutional debt and the importance of the structuring phase in the debt raise process. In this conversation with ATLalts host Andres Sandate Mike discusses the importance of valuation and terms in debt financing. Mike emphasizes that price and size are not the primary concerns for early-stage founders, but rather factors such as leverage and flexibility should get more attention. Mike explains that interest rate is just one component of a term sheet and that founders should consider other factors like upfront fees and unused capital fees. Mike highlights the significance of eligibility criteria and concentration limits. Mike discusses the monitoring and compliance aspect of debt deals, emphasizing the need for accurate and real-time reporting. Mike concludes by explaining how Cascade provides solutions for asset managers in the private credit space and shares the company's vision for the future.TakeawaysPrice and size are not the primary concerns in debt financing; factors like leverage and flexibility are important considerations as well, particularly for early-stage companies.Interest rate is just one component of a term sheet; founders should consider other factors like upfront fees and unused capital fees.Eligibility criteria and concentration limits are crucial aspects of debt deals that often get overlooked by founders who prioritize price and size.Accurate data and real-time monitoring and compliance are essential for successful debt deals.Cascade provides solutions for asset managers in the private credit space and aims to streamline the debt management process.The private credit market is growing rapidly, and Cascade envisions becoming a one-stop shop for managing all aspects of the debt stack.
Explicit: No
Michael Liss, Chief Investment Officer and Co-founder of Three Bulls Capital LLC, a Community-Driven Investing Real Estate Investment Company
Release Date: 03/19/2024
Description: My guest on ATLalts was Chief Investment Officer and Co-founder of Three Bulls Capital LLC Michael Liss.Three Bulls Capital is a real estate investment company focused on a community-driven investing approach to single family housing in former textile milling towns in Georgia.Three Bulls Capital focuses specifically on Middle Georgia communities where it can revitalize workforce housing neighborhoods through a sustainable model of secondary/tertiary market investments, self-management and a focused ESG component.Eventually the team plans to extend their platform to additional former textile milling towns throughout the Southeastern U.S.Middle Georgia has benefited from statewide efforts to develop new industry and Foreign Direct Investment (FDI) in these communities that have sticky populations but also are attracting newcomers seeking quality jobsMiddle Georgia markets where Three Bulls Capital is most active sit along Interstate 75 and among major transportation arteries including the Atlanta Airport and the Port of Savannah Three Bulls Capital collaborates with city officials, employers, and other key stakeholders seeking to uplift neighborhoods and renovate historic SFR housingThree Bulls Capital differentiates itself by creating clusters of renovated properties, driving positive change in neighborhoods. SFR investing has evolved from buying cheap assets to generating cash and achieving efficiencies through scale.Three Bulls Capital operates in SFR 4.0, focusing on community-driven investing and revitalizing former mill towns to create communities that can thrive again.Their investment model aims to provide quality workforce housing, drive value at a community level, and promote home ownership.Buying right, managing costs, and maintaining high standards are crucial for uplifting neighborhoods and creating positive social impact.
Explicit: No