Amalgamated Capital (AmalCap), the New York-based finance division of Amalgamated Bank, offers both leveraged cash flow-based and asset-based financing to support investments made by private equity sponsors. The senior secured credit facilities that AmalCap offers finance the ownership positions taken by private equity sponsors in high quality, lower middle market and middle market companies across the United States.
We combine our strong leveraged finance capabilities with asset-based lending. About 40% of all new asset-based business originations come through the private equity sponsor community, and we can now deliver to sponsors the flexibility of two options under one roof. Most banks keep cash-flow financing and asset-based financing in separate silos. Amalcap offers something better, a team of lenders and underwriters skilled and cross-trained in both disciplines.
AmalCap's financing is national in scope, focused on lower middle market and middle market companies with revenues of $50 million to $200 million, and covering a wide range of industries. Typical transaction size is $5 million to $15 million. Loans will be used primarily for seasonal working capital needs, business expansion, acquisitions, turnarounds and re-financings and will be collateralized by the borrower's accounts receivable, inventory, machinery and equipment, or real estate.