Member Benefit Overview

Capital Opportunities for Members

Overview of financing pathways available through the Secure Funder™ capital markets partnership

Eligible members may request an introduction to an investment bank supportive of the Secure Funder program to explore whether there may be a fit.

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A credit facility is a structured financing arrangement in which an institutional capital provider extends a committed line of capital to a lender or specialty finance company. The facility is typically secured by the company's underlying loan portfolio or receivables and is designed to fund originations on a revolving or term basis.

Core components

  • Facility structure — revolving, term, or senior-mezzanine configurations
  • Borrowing base — the pool of eligible assets that determines available capital
  • Advance rates — typically 70%–90% of eligible collateral
  • Cost of capital — SOFR plus spread, or a fixed rate depending on structure
  • Eligibility criteria — asset-level standards for inclusion in the borrowing base
  • Covenants & performance triggers — portfolio-level metrics monitored over the life of the facility

Strategic benefits

  • Scalable origination volume without proportional equity dilution
  • Improved return on equity through institutional leverage
  • Consistent liquidity across market cycles
  • Greater balance sheet efficiency

A forward flow agreement is a contractual arrangement in which a capital provider commits to purchase newly originated assets on an ongoing basis at predefined terms. Forward flow arrangements provide a predictable exit for originated deals and are often used in combination with a credit facility.

Core components

  • Purchase commitment — the volume of assets the buyer agrees to acquire over a defined period
  • Pricing structure — purchase price methodology established in advance
  • Eligibility criteria — asset-level requirements for qualifying deals
  • Settlement timing — typically 0–5 days from closing
  • Servicing structure — defines whether the originator retains servicing post-sale
  • True sale structure — assets transfer cleanly off the originator's balance sheet

Strategic benefits

  • Immediate liquidity on originated deals
  • Risk transfer to the purchasing counterparty
  • A predictable, contractual exit strategy
  • Scalable growth without accumulating portfolio risk