DEFINITION:
Level ground; equal footing/terms;
what is right/fair/equitable, equity.
“Aequum” is latin for “what is right/fair/equitable”. Small businesses that don’t qualify for bank loans have many options available to them, however often times these options come with conditions that make it difficult for small businesses to succeed. We believe that relationships are the key to success and as such, hold Trust, Integrity, and Respect, as part of our core values. At Aequum, we strive to provide financing that is right, fair, and equitable to all parties.
Aequum is a company started by five career lending executives and entrepreneurs with over 100 years of collective experience. We are a tech-enabled commercial lending platform for companies looking to find financing up to $35MM who are not otherwise eligible for traditional bank financing. Aequum’s platform allows for efficient underwriting, funding, servicing, and portfolio management to ensure low overhead costs that can be passed on to our borrowers. We are taking a consultative lending approach to improve our borrower’s operations and ultimately provide a path to traditional bank financing. Using this strategy, we create an ecosystem where each stakeholder in the process (borrower, bank partner, investors, and sponsorship) are incentivized to optimize efficiency.
Refinancing business debt is a common way for companies to improve their financing by replacing existing debt with new more favorable terms. In addition to improving terms, companies often consolidate debt to reduce the hassle of keeping track of multiple loans that often have their own covenant and reporting requirements thereby reducing company strain on resources.
Recapitalization is the process of restructuring a company’s debt and equity mixture, often to stabilize a company’s capital structure. The process mainly involves the exchange of one form of financing for another, such as removing preferred shares from the company’s capital structure and replacing them with debt.
Technology can be expensive to implement with upfront costs such as hardware, software, deployment and implementation costs, and training costs. Aequum understands, appreciates, and encourages the development of technology to improve efficiency that will eventually improve company profitability.
Equipment loans allow businesses to purchase necessary assets to conduct business. The purchased equipment then serves as collateral for your loan. That means that you can sometimes get better rates for equipment loans than you would qualify for with other types of loans and are typically expedited loans as a result of the collateral.
