Super G Funding hires veteran deal maker and opens LA office.
Newport Beach, CA (February 20, 2015) – Super G Funding, LLC, a leading national provider of residual and cash flow based loans to small and midsize businesses, is pleased to announce the creation of a Los Angeles office and addition of Charlie Perer to head its national direct lending business as a Director. Charlie will be based in Los Angeles, CA and will report to Super G’s credit committee comprised of Founder and CEO, Darrin Ginsberg, CFO, Marc Cole and COO, Jon Engleking. He will manage the LA office and oversee all personnel and functions as it relates to Super G’s nationwide direct lending efforts. “We are very pleased with the addition of Charlie to our team as our new head of Direct Lending. He is a relationship oriented executive with a proven track record,” commented Darrin Ginsberg, CEO of Super G.
Super G’s direct lending division provides fully amortizing senior and second lien cash flow loans to owner/operators and sponsor backed companies throughout the country. Super G covers many industries and its loans are provided in all stages of business life cycles during any economic environment. Super G is a market leader in providing 2nd lien loans. This unique product is tailored to companies who have an existing senior lender, can demonstrate sufficient cash flows and are looking for an accretive capital solution.
During the past decade Mr. Perer has financed many businesses in a myriad of industries as both a principal investor and advisor. He has built a career working with owner operators seeking to build best in class businesses. Mr. Perer’s career in Corporate Finance began with Oppenheimer & Co. (at the time part of CIBC World Markets), where he started his career in its investment banking group in Manhattan. From there, he moved to Los Angeles to form Intermix Capital, which is an investment and advisory firm focused on financing lower middle market companies. Mr. Perer has extensive knowledge and experience in working with entrepreneurs to provide creative financial solutions. “We have known Charlie for over a decade and believe we found a partner who shares our values and desire to craft tailored solutions for credit-challenged companies. The timing is great as Super G’s assets under management and fund commitments continue to increase,” according to Marc Cole, CFO and head of investor relations.
“I am very excited to join Super G and work with my colleagues to build a nationally recognized platform,” stated Mr. Perer. “The team at Super G pioneered the concept of residual lending and now is innovating lower middle market cash flow lending. I very much look forward to working with such a high quality group of entrepreneurs who built a lending business from the ground up and continually strive toward finding new underserved niches including insurance agencies and SaaS companies across the United States. I am excited to help expand what Darrin and the team have built to-date.”
Joining Charlie in the newly created Los Angeles office will be Nick Seraydarian, Underwriting Manager, who was previously with First Republic Bank and US Capital Partners. “The hiring of a dedicated direct lending team and creation of an LA office in one of the largest banking communities demonstrates Super G’s commitment to building a national brand as part of raising an institutional fund,” commented Jon Engleking, COO of Super G.
About Super G Funding
Super G Funding, LLC, based in Newport Beach, CA, is a national provider of entrepreneur friendly business financing solutions with loans ranging in size from $100,000 – $5,000,000. Super G Funding specializes in residual and commission based loans in addition to traditional cash flow loans. Super G Funding is a pioneer and market leader in residual and commission based loans to a variety of industries such as Merchant Services ISOs, ATM ISOs, Insurance Agents and Brokers, and Independent Software Vendors (ISVs). Super G Funding provides both first and second lien loans to a variety of business types and is often able to structure a financing that is complementary to an existing credit facility. Visit www.supergfunding.com to learn more about the Company.