For medium-sized businesses with annual revenues in excess of about $100 million to $500 million, from any sector or industry
To cover operational liquidity needs and business continuity activities
Mid-Market and Oil & Gas Financing Programs are merged to facilitate coordination and the processing of loan requests.
Loans ranging between $12.5 million and $60 million each, available until or before June 2021. These loans are provided jointly by BDC and your primary financial institution.
Spanning on four years, after which principal is to be repaid as a balloon payment. Interest payments for the first 12 months will be capitalized and due at maturity.