FC Capital is a Sydney-based AFS licensed alternative asset manager focused on deploying capital into mid-market corporate, special situations, and private credit opportunities.
| ✓ | A$2 – 20 million per lend1 | ✓ | Sector agnostic |
| ✓ | Tenors of up to 5 years | ✓ | Listed and private companies |
| ✓ | Senior and junior facilities | ✓ | Australia and New Zealand |
The FC Capital team has a track record of executing private and public market mergers & acquisitions and capital market advisory engagements.
The team is available to assist potential borrowers in achieving a whole-of-business solution.
1. Scope for larger facilities on a case-by-case basis, funded by FC Capital or one or more of its partners
Investment Strategy
The FC Capital strategy targets credit investments in markets not well served by traditional lenders or the broader capital market.
| Corporate
Mid-market corporate loan types include:
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Special Situations
FC Capital has the experience to assess special situation credit opportunities and structure innovative term sheets. Loan types include:
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Property
FC Capital invests in greenfield and brownfield commercial and residential property, providing:
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FC Capital is differentiated by having readily accessible and deployable capital. This access to funding combined with an experienced team allows FC Capital to undertake efficient due diligence; design bespoke term sheets; and, offer timely credit solutions to complex funding challenges.
Transaction Examples
| Special Situations A$35 million |
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PE Special Situations A$18 million |
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Corporate A$12 million |
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| Secured acquisition facility and invoice finance facility to a pharmacy group | Senior secured acquisition facility to investors acquiring a food processing business | Senior secured acquisition facility to a regional logistics infrastructure business | |||||
| Corporate A$5 million |
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Asset-backed Corporate A$5 million |
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Real Estate A$4 million |
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| Senior secured growth facility to an e-commerce retailer |
Senior secured term facility to a mining services contractor | Senior secured acquisition facility to a founder of regional tourism property portfolio | |||||
Credit Metrics
FC Capital assesses credit across a range of metrics and has experience in structuring flexible lending and security structures.
| Credit parameters | Description | Assessment parameter |
| Sizing metrics | Debt / Adjusted EBITDA | Subject to FC Capital ability to exit via refinance or amortisation |
| Trade receivables | Quality and ageing of book | |
| Inventory | Assessed liquidation value | |
| Real assets | Loan-to-value and serviceability ratios | |
| Servicing metrics | Revenue, ICR, DSCR, other | Transaction specific ICR and DSCR thresholds |
| Return metrics | Cash interest, PIK, equity rights | Dependent on risk and transaction assessment |