Highly Unique, Experienced and Complementary Team
- Crestmoor: Significant expertise in developing proprietary “on balance sheet” solutions for banks
- BSEG: Long and distinguished history of generating significant results for its investors
- Zavanna: Third largest private producer in North Dakota with multi-basin operation expertise
With a Proprietary Structuring Approach
- All structures designed to achieve accruing and performing loan status for banks
- Solutions have not been reproduced by competitors or used in third party transactions
- Over 100 transactions completed in multiple asset classes
Competitive Advantage to Engage in Bilateral Discussions
- Allows banks to reposition their loans, maximize recovery rates and avoid fire sale scenarios
- Borrower can retain ownership and control of the business in certain structured situations
- Structured format to ultimately meet bank target credit underwriting guidelines for accruing and performing loan situations
Via Bank Friendly Solutions
- Collaborative approach allows SECAP to differentiate itself from “cannibalistic” institutional hedge/private equity funds
- Aligned interest with bank partners to achieve quickest loan repayment / asset recovery at highest value
- Creates immediate route to partial/full exit, at minimum cost to bank
Extensive Energy Sector Opportunities in Both Distressed & Normalized Markets
- Energy sector currently in distress, bank and commercial borrower situations significant – over $400B of problem energy loans and assets at present, creating broad demand for our solutions
- We deploy capital in strategic and off-market transactions, outside often expensive and highly competitive post-bankruptcy auction or liquidation processes
- Our structures solve normal annual migrating problem loan and asset situations for bank partners in any market conditions
- SECAP’s long standing industry relationships causes bank partners to think of us for their customers, as potential capital and operating partners, when opportunistic, off-market or pre-disclosure situations occur
Optimal Timing to Use SECAP
- Extended trough of the oil price cycle
- Continued partnership with banks under pressure to reduce sector exposure and hold greater capital against impaired loans
- Incoming redeterminations, quarter / year end and bankruptcy situations are important catalysts for our business