CLIENT
AlphaCredit is a non-regulated specialty finance company that provides specialty loans to the large, unbanked consumer market in Mexico.

SITUATION
AlphaCredit was seeking a financial partner to diversify its funding for the next stage of growth of new loan originations. In addition to its strong collateral base, the company has strict borrower criteria and well established systems and processes to manage operations from the underwriting to portfolio management stages. As AlphaCredit has grown and the loan portfolio matures, it continues to demonstrate an ability to execute by maintaining strong financial and portfolio performance. The company’s increasing volume of business warranted the addition of a more traditional, larger scale institutional funding partner.

ENGAGEMENT
G2 Securities, a division of Brill Securities Inc., Member FINRA, SIPC, was awarded the mandate to facilitate a cross-border structured credit financing for AlphaCredit and develop a strategy to identify the right partner. Due to G2 Securities’, a division of Brill Securities Inc., Member FINRA, SIPC, relationships among potential lenders and investors, the transaction generated significant interest from a diverse mix of structured credit institutions, private equity groups and family office investors.

“G2 Securities, a division of Brill Securities Inc., Member FINRA, SIPC, was able to effectively communicate AlphaCredit’s unique service offering to the U.S. capital markets and utilized a disciplined, tailored process to help the company identify the right partner for their next stage of growth,” said Victoria Arrigoni, Vice President at G2 Securities, a division of Brill Securities Inc., Member FINRA, SIPC,. “We are very happy to see our client partner with such a prestigious firm as UBS Investment Bank.”

OUTCOME
The transaction was successfully executed in 2014 through a $520 million MXN ($40 million USD equivalent) senior secured structured term facility with UBS Investment Bank.