The people at Legacy have been making loans for a long time, and when there's an issue with a loan, we don't panic. We know that businesses face hiccups. We roll up our sleeves right along with them and work to find a path toward success.
More-meaningful customization
Legacy is backed by a strong partner, Bain Capital Credit, and we maintain leverage facilities with a major commercial bank to supplement our equity support. This lets us offer fully customized loans nationwide with the structure and cost of funding optimized to the situation of the borrower.
More funding
Our long experience with ABL, and all types of collateral, means we may offer higher advance rates on a wider range of collateral types—providing more liquidity for borrowers without the limits or restrictions of bank loans.
More certainty over time
Our platform's capital strength does more than provide assurance of closing—it is a resource that may be called on during the life of a loan when borrowers may have additional needs or opportunities.
More speed
We are a streamlined operation, and our decision-makers are close to every transaction from day one. We are quick to create solutions to meet client needs while banks are still trying to understand the opportunity.
More accessibility
We believe in being reachable. Our originators, underwriters, and servicers are experienced and knowledgeable. Want to talk to a decision maker? Just call!
More support in times of stress
We believe that over time, an asset-based lender will more successful when it sees borrowers not just as counterparties, but as partners, with a growth mindset on their behalf and an optimistically supportive view of their special borrowing needs.
The people at Legacy have been making loans for a long time, and when there's an issue with a loan, we don't panic. We know that businesses face hiccups. We roll up our sleeves right along with them and work to find a path toward success.