Tessy helps entrepreneurs and companies secure the capital they need to achieve their business and financial objectives. Recent borrower representations include:

• Vessel repair and maintenance company in connection with a $23 million senior secured credit facility consisting of a $7 million revolving line of credit and a $16 million term loan.
• Importer and distributor of consumer goods in connection with an up to $8 million accounts receivable-based secured line of credit.
• Provider of managed IT and cloud services in connection with a $90 million revolving credit facility (including a $10 million letter of credit sublimit).
• Venture capital firm in connection with a $125 million senior secured revolving credit facility.
• Venture capital firm in connection with a $250 million syndicated senior secured revolving credit facility.
• Food service company specializing in providing businesses with catered meals in a $9 million accounts receivable line of credit.
• Sustainable homebuilding service in a multi-tranche $10 million equipment loan and growth capital loan transaction.
• Autonomous truck company in a $4.5 million growth capital loan transaction.
• Individual borrower in a $60 million secured letter of credit.
• Individual borrower in a $10+ million aircraft financing transaction.
• Individual borrower in a $20+ million unsecured revolving line of credit facility.
• Individual borrower in a $25+ million secured letter of credit.
• Software developer in a $5 million accounts receivable line of credit.
• Manufacturing efficiency software developer in a $3.5 million secured term loan facility.

Tessy also represents lenders in advancing capital and equipment loans to tech companies across a variety of industry sectors. Recent transactions include:

Health Care

• $3 million growth capital loan capital commitment to a provider of technology solutions for hospitals and other health care providers.
• $6 million growth capital loan capital commitment to a manufacturer of hypertension management devices.
• $2.75 million growth capital loan capital commitment to a solution provider enabling member access to directory of health plans in a state health insurance exchange.
• $4 million growth capital loan capital commitment to a provider of women’s health technologies and a digital health platform.
• $1 million equipment loan to a biotechnology company.
• $1.25 million growth equipment loan to a developer of prenatal genetic tests for women.

Software & Digital

• $4 million growth capital loan capital commitment to a software development company serving health care, pharmaceutical, insurance and telecom industries.
• $4 million growth capital loan capital commitment to a manufacturer of scientific workflow/data analysis and process development software.
• $4 million growth capital loan capital commitment to a provider of a secure multi-industry end-to-end IoT platform.
• $5 million growth capital loan capital commitment to a social casino game developer.
• $3 million equipment loan to a social search and analytics company that was ultimately purchased by a global tech company.
• $5 million growth equipment loan to a web search engine provider that was ultimately purchased by a leading computer company.

Business & Financial Services

• $1.65 million growth capital loan capital commitment to a meeting-building platform provider.
• $2.5 million growth capital loan capital commitment to a mobile-money-as-a-service platform provider.
• $3.5 million growth capital loan capital commitment to a financial wellness platform application software designer/developer.
• $3 million growth capital loan capital commitment to a provider of a securities crossing network providing market data, counter-party verification and order execution.
• $2 million growth capital loan capital commitment to a data flow automation solutions provider.
• $2 million growth capital loan capital commitment to a data analysis and HR platform provider.
• $5 million growth capital loan capital commitment to a holding company for providers of various business services.
• $12 million growth capital loan capital commitment to a community-driven commerce platform.
• $2.5 million growth capital loan capital commitment to a workforce communications platform and software provider.
• $2 million growth capital loan capital commitment to a provider of turnkey SaaS multi-cloud VDI platforms.
• $6 million growth capital loan capital commitment to an provider of mobile iOS and Android invoice applications.
• $6 million growth capital loan capital commitment to a venture capital investment management company that funds and creates businesses, organizations and companies.

Manufacturing

• $8 million growth capital loan capital commitment to a holder of a broad patent portfolio for air quality sensing technologies.
• $4 million growth capital loan capital commitment to a manufacturer of smart home technology.
• $5 million growth capital loan capital commitment to a provider of home video, audio and air quality control equipment and software.
• $3 million growth capital loan capital commitment to a provider of energy-efficient AI endpoint solutions for energy-constrained environments.
• $3 million growth capital loan capital commitment to a children’s footwear company.
• $4 million growth capital loan capital commitment to a home furnishings visual technology company.
• $2 million equipment loan to the producer of a custom parts robotics and advanced CAD and CAM software manufacturing system.

Transportation & Travel

• $2 million growth capital loan capital commitment to a rideshare and delivery company.
• $3 million growth capital loan capital commitment to a venture-backed travel company.
• $6 million growth capital loan capital commitment to a provider of an IoT fleet management platform.
• $4 million growth capital loan capital commitment to a provider of transportation sharing systems.
• $2 million growth capital loan capital commitment to a real estate startup renting apartments/homes to tenants at discounted rates.
• $5 million growth capital loan capital commitment to an on-demand mobility and roadside assistance platform provider.

Education

• $2 million growth capital loan capital commitment to a private computer science college.
• $3.75 million growth capital loan capital commitment to a digital health platform provider.