C3 Capital

Type of Security:

Preference for subordinated debt with detachable warrants, but will consider redeemable preferred equity with warrants where appropriate.

Term:

Repayment within 5-6 years

Current Yield:

Typically 10-14% p.a. in current interest or dividends.

Collateral:

Generally a second security interest in collateral, subject to a subordination agreement with the senior lender.

Involvement:

Board seat or observation rights to board meetings. Do not control or actively manage businesses but act as financial partners and strategic advisors.