North Atlantic Capital

About North Atlantic Capital

North Atlantic Capital’s structured debt is unique in the marketplace. A niche between equity and venture debt, our structure provides more patient capital than traditional venture debt and is less costly than equity. Company Profile -Industry/Focus: Market-leading, rapidly-growing, technology-based companies -Stage: Venture-capital-backed businesses with revenue above $10 million -Financial Factors: Rapid revenue growth High gross margins Recurring revenue Capital efficient Last capital before cash flow break-even -Typical Applications: Growth capital Shareholder liquidity Acquisition financing Investment Profile -Deal Size: $5 million – $10 million -Deal Structure: Structured debt/subordinated debt with warrants 6-year term No principal amortization No financial covenants Fixed monthly interest rate Nominally priced warrants in the most recent preferred round
People
  • David Coit, Managing Director