Mirus Capital AdvisorsMirus Capital Advisors

Thursday, June 03, 2010

SBA Lenders in New England

Looking for a small business loan in New England? Here you will find a comprehensive list by state of all the banks currently participating in SBA loan programs.

Thursday, May 27, 2010

What’s the difference between “Middle Market” and “ABL”?

For most banks and finance companies with more than $1 billion in assets, commercial lending is typically segmented into Large Corporate, Middle Market, and Business Banking. “Middle Market” and these other segments are generally understood to describe a type of borrower, whereas “ABL” (asset based lending) refers to a type of loan.

Wednesday, May 26, 2010

New England Venture Capital Activity up 23%

There were 90 venture capital fundings in New England in Q1 2010, according to the PwC/NVCA MoneyTree™ Report based on data from Thomson Reuters. That represents a 23% increase over the same quarter in 2009. The recently published report details venture capital activity nationally for Q1 2010, as well as 2009 and prior years.

Monday, May 24, 2010

Cash Flow Lending in Massachusetts

Cash flow lenders have become harder to find in recent years, but for credit-worthy borrowers with stable cash flow from operations, there is still money to be had.

Thursday, May 13, 2010

Cooley LLP Presents Report on Venture Financings in Q1 2010

In their most recent survey of venture capital financing transactions, the law firm of Cooley LLP notes that pre-money valuations were up in Q1, and there was a material increase in the number of financings with pre-money valuations north of $100 million.

Thursday, April 29, 2010

Boston Commercial Bankers Have Money to Lend

Banks in and around Boston have money to lend and are looking for deals. Interest rates on revolving lines of credit are currently pricing at LIBOR + 350 for commitments of $2 million to $10 million, and as low as LIBOR +175 for larger deals.

Tuesday, April 27, 2010

ABL Lenders: More of the Same in 2010

There were not a lot of positive signals from the lenders gathered this morning at the Langham Hotel in Boston for TMA’s annual “Asset-Based Lending Panel”.

Tuesday, April 20, 2010

Tatum Survey: Business Conditions Improving

Business Conditions as of April 1, 2010: Tatum LLC regularly surveys nearly 1,000 Financial and Technology Executives nationwide to gain insight into the U.S. business climate. Business conditions are again improving according to the Tatum Survey.