Asset-Based Finance
Niche Private Credit Strategy
ORIX USA’s Asset-Based Finance group makes bespoke private loans backed by equipment, esoteric assets, and core-plus infrastructure.
Deal Characteristics
- Hold Size: $20 to $100 million
- Security: Senior and Junior Debt, Structured Equity
- Interest Rate: S+350 – 15%; Ability to PIK interest
Our Target Sectors:
Equipment Finance
- Low-cost financing for large ticket equipment such as aircraft, containers, and railcars, as well as small-ticket equipment including trucks, chassis, yellow-iron, and medical and office equipment
- Work with industry-leading rental, leasing and loan origination platforms to develop structured capital partnerships
Esoteric Assets
- Bespoke capital solutions for niche or emerging asset types such as insurance commission streams, home equity lines of credit, contract receivables, drug royalties, and intellectual property
- Ability to develop an independent risk-reward assessment based on fundamental credit attributes of the underlying asset
Core-plus Infrastructure
- Customized financing for various types of infrastructure and operating real estate assets such as fiber, cold storage, marinas, homebuilder inventory, farmland, waste and water utilities, etc.
- These companies tend to provide a utility-like service to their customers, have recurring revenue streams, and are often mission-critical to customers’ operations
Key Differentiators
- ORIX Corporation is a strategic investor in specialty finance and infrastructure verticals, and can become an equity investor for the right asset
- >$100 billion investment grade rated balance sheet with low cost of funding
- Thoughtful investment team that seeks to achieve win-win outcomes
Transactions
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$26.25 Million
First Mortgage Construction Loan
Self-Storage
California
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$46 Million
Senior Construction Loan
Multifamily
Oregon
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$42.3 Million
Senior Construction Loan
Multifamily
Arizona
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$29.5 Million
First Mortgage Construction Loan
Student Housing
California
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$24 Million
Senior Construction Loan
Multifamily
Oregon
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$29.55 Million
Bridge Loan
Multifamily
Arizona
