Southridge Capital LLC is helping to re-energize the financial market with its innovative and tailored approach to financial services. Over the past two decades this structured finance group has invested over $1.8 billion into over 250 publicly traded companies globally. Southridge boasts a unique understanding of the complex issues facing growing companies derived from their years of experience advising on a vast array of corporate issues, ranging from the process of becoming a public company to optimizing balance sheet management and even helping companies to navigate and restructure their way to recovery after a bankruptcy.
Base on newswire, the company’s customized approach to structured finance is centered around three areas of focus; securitization through the monetization of a company’s existing assets, credit enhancing by dealing directly with a company’s creditors to eliminate debt with as little market impact as possible, and financing solutions as well as the knowledge that companies in need of capital often aren’t taking advantage of all available opportunities. Notably in 2012 Southridge provided financing solutions in the form of a $10 million equity purchase to eLayaway, the prominent technology and brand management company behind eLayaway.com. ELayaway’s payment platform has a pipepline of over 300 merchants and partnerships that allow retailers to expand their consumer bases by offering flexible payment plans. The equity purchase agreement with Southridge provided them the opportunity to raise the capital they needed to provide and expand their services without regard to market conditions.
Founded by Stephen M. Hicks in 1996, Southridge Capital LLC has spent the last 20 years financing and advising over 250 companies. The management team, led by Hicks, himself an expert in financial structuring, derivatives, risk arbitrage, and investment banking, is bolstered by an array of industry expertise from the hands of his surefooted executives. Henry B. Sargent, Southridge’s COO and General Counsel, Narine Persaud, Controller and CFO, Linda Carlsen, Portfolio management, and Director of research Laurence J. Ditkoff, all work together to customize financing solutions for their clients and “execute on those plans without fail”. For more details you can visit their twitter page.
Southridge Capital, along with it’s founder have also sought to improve the world through charitable contributions, volunteer work, and community leadership.
Stephen Hicks and his wife Mary formed the Daystar Foundation in 1998, which helps to support numerous charitable organizations. Hicks has stated that “Supporting meaningful causes is not only a personal mission that we find extremely fulfilling, but also a corporate and social responsibility.”, a sentiment that they hope will both strengthen the firm and have a positive impact on communities and society at large.