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Jeffrey Sweeney is an investment banker with years of experience in direct lending and corporate finance for small- to middle-market companies. He is the chairman and CEO of US Capital Partners, an innovator in small- to middle-market business lending. US Capital Partners has been providing prompt, innovative, and reliable financing solutions across the United States and abroad for more than a decade.

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Tuesday
Jul182017

US Capital Engaged on $10M Preferred Equity Raise for DSI Acquisition, Inc

San Francisco-based private investment bank supports the growth of a medical device that detects, tracks and monitors critical skin changes.

Click Tombstone Below for Offering Details

DermSpectra

SAN FRANCISCO, July 2017 – US Capital Partners Inc. has been engaged by DSI Acquisition, Inc (“DSI”) as its strategic advisor for a $10 million series A equity raise. DSI, (digital skin imaging) operating under the brand Dermspectra, will use the new financing for scaling their operations, increasing production of commercial units, hiring staff and increasing marketing efforts.

Skin cancer is the most common cancer in the United States1, with current estimates that one in five will develop skin cancer in their lifetime2. Yet at one Dermspectra early commercial site, skin cancer expert, Dr. Mitchell Kline points out, the fundamental problem is that when dermatologists perform a skin examination it is common practice to write down what they see at one point in time. It is not possible to know what spots are changing without standardized full body serial digital photography. Dr. Kline reports discovering 5 new melanoma early within his patient population, using Dermspectra imaging over the past almost 2 years. Dermspectra now offers to fill that imaging gap in the market to aid standardized, preventative skin screening.

The company offers a patented total body imaging system that enables physicians to detect, track, and monitor critical skin changes in high resolution. Their system automatically combines total body imaging, standardization of imaging and post processing. Currently, the product is a FDA approved Class I medical device in imaging, and will begin to build databases of standardized skin imaging data over time.

According to Dr. Richard Carmona, 17th U.S. Surgeon General and DSI board member, "Dermspectra is setting the industry standard for how future dermatology, primary care, and medical practices will capture image data to assist early detection of melanoma and other skin diseases.” Karleen Seybold, CEO of DSI, adds to this, saying “this is a ‘know your skin’ campaign that could open up a wealth of possibilities for the industry through complete and consistent documentation, and skin data analytics, so we are excited to be working with US Capital Partners to take our product forward into the market”.

“We are extremely pleased to be assisting DSI Acquisition with its business financing needs in a strategic investment banking role, as the company moves into the next phase of its business expansion,” said Jeffrey Sweeney, Chairman and CEO at US Capital Partners. “The opportunity to participate in DSI’s $10 million convertible stock financing raise is now open to eligible investors through our digital investment platform at www.uscgs.com, which offers a curated selection of private placement opportunities.”

(1) Source: Cancer Facts and Figures 2016, American Cancer Society.
(2) Source: Skin Cancer Facts & Statistics, Skin Cancer Foundation.

About DSI Acquisition Inc.

DSI Acquisition Inc. is a medical device company operating under the brand name Dermspectra, developing and manufacturing a patented imaging device designed to enable physicians to detect, track and monitor critical skin changes and strives to ensure the best healthcare outcomes for patients. Between 2015 and 2016, the company completed a beta testing program, with four units been installed and subsequently converted into commercial ones. The Company is now seeking capital to build the first twenty production commercial units and scale operations. The Company received a grant from the Science Foundation of Arizona to develop the original prototype, is a recent recipient of FY16 Army Advanced Medical Technology grant, and has raised $4M to date. DSI Acquisition Inc. is based in Portsmouth, NH.

About US Capital Partners Inc.

Since 1998, US Capital Partners has been providing well-structured, custom finance solutions to private and public companies in the United States and abroad. Headquartered in San Francisco, US Capital Partners, operating with its affiliate US Capital Global Securities, LLC, is a full-service private investment bank with a wide distribution for debt and equity private placements. The group makes debt investments between $500,000 and $100 million, participates in debt facilities, and offers asset management, financial advisory services for buy-side and sell-side engagements, and capital formation, including early-stage financings requiring equity or debt. For more information, visit www.uscapitalpartners.net.

To learn more about how your business can secure the financing it needs, email Jeffrey Sweeney, Chairman and CEO, at jsweeney@uscapitalpartners.net or call (415) 889-1010.

Tuesday
Jul112017

US Capital Partners Organizes Exclusive Investor HealthTech Reception at New York Yacht Club

Private event at New York City social club showcases highly promising, early-stage HealthTech portfolio companies.

San Francisco, July 2017 – On June 27th, US Capital Partners Inc. organized and sponsored a HealthTech reception, presentation, and networking event for select accredited investors interested in highly vetted, investment-ready opportunities. The event was held in New York City at the historic W. 44th St. clubhouse of the New York Yacht Club, a private, invitation-only social club.

New York Yacht Club

US Capital Partners is a full-service private investment bank headquartered in San Francisco. Through its affiliate broker dealer, US Capital Global Securities, LLC, the firm provides private placement services and has wide distribution for debt and equity private placements. The exclusive event showcased two of the firm’s early-stage portfolio companies, Provia Laboratories and Digital Skin Imaging. Both companies are selling into their respective markets and seeking growth capital.

Howard Greenman, CEO, presented on behalf of Provia Laboratories, a revenue-generating stem cell processing and bio-storage company that focuses on personalized ‘autologous’ (cells from you, for you) consumer and commercial services. Karleen Seybold, CEO and Founder, spoke on behalf of Digital Skin Imaging, the first-to-market total body imaging solution for detecting, tracking, and monitoring critical skin changes (skin cancers, eczema, moles, psoriasis, and rashes). Pat Steele, Senior Vice President at US Capital Partners introduced the speakers.

In addition to company presentations and Q&A, the thought-provoking evening was structured to provide attendees with the unique opportunity for direct conversations with the speakers representing the startups, as well as with guest speaker Dr. Richard Carmona, the 17th Surgeon General of the United States.

About Provia Laboratories, LLC

Provia Laboratories is a revenue-generating stem cell processing, manufacturing, and bio-storage company with a leading position in dental stem cell storage and related services. Provia’s primary service, Store-A-Tooth™, provides private storage of stem cells from children’s teeth for future use in the child’s personalized regenerative medicine. Store-A-Tooth™ is a similar service to cord blood stem cell banks like ViaCord (purchased by PerkinElmer) and Cord Blood Registry (purchased by AMAG Pharma).

About Digital Skin Imaging

Digital Skin Imaging is a medical device company that develops and manufactures a patented imaging device designed to enable physicians to detect, track, and monitor critical skin changes. The system is an FDA-approved Class I medical device that combines total body imaging, standardization of imaging and post processing, and automation. Between 2015 and 2016, the company completed a beta testing program, with four units installed and subsequently converted into commercial ones. The company is now seeking capital to build the first twenty commercial units and scale operations.

About US Capital Partners Inc.

Since 1998, US Capital Partners Inc. has been providing well-structured, custom finance solutions to private and public companies in the United States and abroad. Headquartered in San Francisco, US Capital Partners, operating with its affiliate US Capital Global Securities, LLC, is a full-service private investment bank with a wide distribution for debt and equity private placements. The group makes debt investments between $500,000 and $100 million, participates in debt facilities, and offers asset management, financial advisory services for buy-side and sell-side engagements, and capital formation, including early-stage financings requiring equity or debt. For more information, visit www.uscapitalpartners.net.

Thursday
Jul062017

US Capital Partners Increases Bridge Finance Solutions for Small and Medium-Sized Businesses

Private investment bank offers strong interim lending support to underserved businesses, through swift and timely bridge loans customized to specification.

San Francisco, July 2017 – US Capital Partners Inc. announced today that it has further expanded its range of custom bridge finance solutions for small and medium-sized businesses. US Capital Partners is a private investment bank that makes direct debt investments, participates in debt facilities, and has wide distribution for debt and equity private placements for small and medium-sized businesses.

“US Capital Partners has a history of success when it comes to offering clients reliable and timely commercial bridge loans,” said Jeffrey Sweeney, Chairman and CEO at US Capital Partners. “Bridge loans generally fund in 1–3 weeks, which is a lot sooner than other types of financing, making them appealing for businesses waiting for more traditional financing or looking to take immediate advantage of an attractive commercial opportunity. At US Capital Partners we now provide bridge loan amounts up to $50 million for smaller businesses with assets.”

A bridge business loan is a temporary facility that provides short-term capital until a more permanent financing event occurs, or until the company’s financial obligation is removed. Bridge loans are commonly used to secure additional working capital, repay debt, or purchase or develop commercial real estate.

Bridge Loan Criteria at US Capital Partners

  • Loan size: $500,000 to $50,000,000
  • Lending area: National and international
  • Collateral: All assets
  • Amortization: Interest only
  • LTV: Up to 90% or advance on eligible revenue model
  • Closing time: 5 days to 20 days

Example Bridge Loan Transactions at US Capital Partners



To learn more about how your business can secure the financing it needs, email Jeffrey Sweeney, Chairman and CEO, at jsweeney@uscapitalpartners.net or call (415) 889-1010.

Tuesday
Jun272017

Financing Strategies for “Underserved” Businesses

With access to bank financing still limited for many companies, US Capital Partners can help small and medium-sized businesses secure the alternative financing they need to thrive.

This year, businesses are increasingly looking to secure financing for growth. According to a recent survey by Pepperdine University, 57% of businesses reported that their main purpose for raising financing in the coming months is expansion, including acquisitions. Many others will seek financing to cover working capital fluctuations (21%).

Golden Pacific Capital, LLC

Please click on image to enlarge.

Unfortunately, many smaller businesses still find securing appropriately structured capital challenging. As many as 70% of enterprises seeking capital indicated that an unsuccessful financing event in the next six months would lead to a slowdown in their business growth. Often, CEOs and business owners are turned down by traditional lenders and don’t know where to turn.

Leveraging Your Credit Score

Traditional banks rely primarily on credit-worthiness to determine whether, how much, and at what cost to lend to your business. Unfortunately, the application-to-loan ratio for smaller businesses or for businesses in certain industries can be fairly low. With mounting pressure from regulators, banks have gradually been tightening commercial lending standards.

Leveraging Your Collateral Assets

Many smaller businesses fall outside the parameters of traditional bank financing. Thankfully, alternative lenders like US Capital Partners can provide accounts receivable financing, machinery and equipment loans, purchase order financing, inventory loans, and much more. This type of financing, known as asset-based lending, or ABL, continues to be on the sharp increase.

Many smaller businesses don’t appreciate the sheer extent to which they can leverage their business assets to secure funding. ABL is affordable and offers flexible loan structures. Loans come with fewer financial covenants than bank loans, and close more quickly than most other financing methods. ABL lenders focus on collateral rather than credit-worthiness, and therefore offer an alternative to traditional bank financing.

Leveraging Your Cash Flow

Smaller businesses may not always have large inventories, receivables, or fixed assets, though. This can make it difficult for them to secure traditional ABL. Nonetheless, these companies often have strong cash-flow margins and enterprise value. Typical examples include service companies and high-tech companies.

“Many businesses are in their early stages, and may not have many years of historical performance,” explains Jeffrey Sweeney, Chairman and CEO at US Capital Partners. “Traditional banks may therefore be hesitant to lend to them. However, US Capital Partners offers cash-flow term loans to such businesses, even if they have less than $5 million in trailing EBITDA—which used to be the threshold for such loans. At US Capital Partners, we can help smaller businesses leverage their cash flow to get the financing they need to grow.”

To learn more about how your business can secure the funding it needs, email Jeffrey Sweeney, Chairman and CEO, at jsweeney@uscapitalpartners.net or call +1 (415) 889-1010.

Wednesday
Jun212017

US Capital Advises Golden Pacific Capital, LLC on $10MM Real Estate Fund

US Capital Advises Golden Pacific Capital, LLC on $10MM Real Estate Fund

Click Tombstone Below for Offering Details

Golden Pacific Capital, LLC

Private investment fund focuses on single-family residential real estate in and around the Kansas City metropolitan area.

San Francisco, June 2017 – US Capital Partners Inc. has been engaged as the exclusive advisor for GPC Fund I (Priority Reserve), LLC, a special purpose vehicle established to invest $10MM into GPC Fund I, LLC (the “Fund”). The Fund is managed by Golden Pacific Capital, LLC (“GPC”) and focuses on the residential real estate market located in and around the Kansas City metropolitan area.

The Fund’s investment strategy is to buy, renovate, rent, and eventually sell a large portfolio of single-family homes, likely to a larger institutional investor with a lower cost of debt capital and generally an appetite to purchase stabilized portfolios at greater than retail market value. The Fund typically purchases homes at a 10–25% discount.

The Fund has already raised $7MM in equity and has deployed $18MM into 128 properties (110 rented, 11 being marketed, and 7 in rehabilitation or foreclosure eviction). The stabilized portion of the portfolio is generating a cash-on-cash return of approximately 9%, which is currently being reinvested into further acquisitions. GPC continues to have success in identifying, acquiring, renovating, leasing, and managing the Fund’s assets, including critically the ability to collect rents and keep maintenance under control.

New investments will be applied pro rata to buying into the existing pool as well as funding further growth. As such, this presents an opportunity to buy into an existing portfolio without any step-up in costs. By raising further equity, GPC will continue to grow the portfolio as it still sees ample market opportunity and is targeting a total portfolio size of 400–600 homes.

“We are delighted to be involved in this real estate fund,” said Jeffrey Sweeney, Chairman and CEO at US Capital Partners. “The business comes at a good time as Kansas City has been rated as a top-10 market for single-family residence investments by RealtyTrac. The Fund also complements our expanding family of private investment funds and vehicles. The opportunity to participate in the Fund is now open to eligible investors through our digital investment platform, available at www.uscgs.com.”

About Golden Pacific Capital, LLC

GPC is a real estate asset management firm that focuses on niche opportunities for accredited individual and institutional investors. Ian Fisher and Hubert Hultgren, the principals of GPC, are industry veterans with extensive investment experience and have a proven track record of successful real estate transactions. Mr. Hultgren has been directly involved in acquiring, rehabbing and managing over 2,500 homes across the United States and invested over $30MM on behalf of Tricon Capital, Goldman Sachs and others. Previous ventures have achieved highly successful exits.

About US Capital Partners Inc.

Since 1998, US Capital Partners has been providing well-structured, custom finance solutions to private and public companies in the United States and abroad. Headquartered in San Francisco, US Capital Partners, operating with its affiliate US Capital Global Securities, LLC, is a full-service private investment bank with a wide distribution for debt and equity private placements. The group makes debt investments between $500K and $100MM, participates in debt facilities, and offers asset management, financial advisory services for buy-side and sell-side engagements, and capital formation, including early-stage financings requiring equity or debt. For more information, visit www.uscapitalpartners.net.

To learn more about US Capital Partners, email Jeffrey Sweeney, Chairman and CEO, at jsweeney@uscapitalpartners.net or call +1 (415) 889-1010.