Rapid Advance - Onex Falcon
Rapid Advance
Complex investment structure with significant industry-related diligence performed with a tight timeframe
Business Description:
Rapid Advance is an independent provider of merchant cash advances and unsecured loans to small businesses.
Falcon Solution:
Falcon partnered with the sponsor to acquire Rapid Advance. Working under a tight timeframe, Falcon provided a flexible capital structure, including senior subordinated notes with warrants and senior holdco notes with warrants, to supplement the equity capital provided by the sponsor.