Pioneer Capital Mid Year Market Update Release

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Transactional activity highlights at June 2014

Funding and loan approvals have reached a 5 year high for Pioneer Capital.

For the year to date ending June 30th, 2014, Pioneer has seen a steady increase in demand for the various debt products offered.

Funding and approval rates have seen significant increases year over year since the demise of the markets in 2008.

Recent highlights include:

$12MM term debt for a telecom entity
$3MM ABL facility for optical entity
$800K AR facility for organic food entity
$350K lease line for telecom entity
$280K for medical records recording entity
$8MM sale leaseback for mining entity
$1MM AR line for gaming entity
$1.6MM lease line for energy entity
$500K exporting LOC for machine export entity
$5MM term debt for solar entity
$10MM sale lease back for pharmaceutical entity

Pioneer Capital is a leading provider of lease financing serving the venture-backed community of companies throughout the country. Pioneer understands the needs of most companies that are on tight cash budgets and their need to conserve capital by utilizing alternate sources of funds for capital expenditures and working capital. Pioneer specializes in structuring non-warrant Master Lease Lines of Credit for creditworthy and emerging growth companies. Pioneer also provides leasing transactions for companies that are either cash flow negative or pre-revenue, based on a strong understanding of the secondary market values of high-tech equipment, with an emphasis on IT, storage, networking and telecommunications gear. Pioneer can also structure financing, which may include warrants or other equity enhancements, for companies that are funded by quality venture capital firms. Pioneer Capital’s other financing products include asset-based loans, revolving lines of credit, factoring services, term debt, mezzanine/junior/sub debt, bridge loans, purchase order/contract and project finance.

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Quinton Berry
Pioneer Capital
+1 9492817416 Ext: 101
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