NORTH FORK PARTNERS, LLC · NEW YORK, FLORIDA
NORTH FORK PARTNERS PRIVATE CREDIT
 

Private capital for businesses conventional lenders decline.

North Fork Partners originates and funds senior secured asset-based loans — together with mezzanine and equity capital — for small and medium-sized companies that fall outside traditional underwriting standards. Financings are structured against real collateral and underwritten directly by our partners.

$2–50MM
Typical facility size
$200MM+
Asset-backed facilities closed
2014
Firm founded
 

Lending criteria

Senior lending is the core of the platform. For companies with proven leadership teams and demonstrable growth potential, North Fork can also provide mezzanine and equity financing.

Facility size
$2MM – $50MM
Structures
Senior secured term loans, revolving facilities, mezzanine debt, growth equity
Collateral
Receivables and recurring commissions, inventory, machinery and equipment, real estate, contract and settlement cash flows, licenses and intellectual property rights
Situations
Corporate growth, asset or business acquisitions, turnarounds and restructurings, prior credit events, bank exits
 

A sampling of various transactions

More transactions →
Senior secured term loan

Earned wage access platform

A restaurant-industry wage advance provider funded its employee advance program with a senior secured term loan collateralized by program receivables and dedicated control accounts.

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Senior secured facility · Refinancing

Streaming content library

A lending relationship since 2020 with a digital media rights company, restructured and refinanced through a period of compressed advertising rates.

Read the structure
 

The firm

North Fork Partners was formed in 2014 to originate and fund private debt transactions generating superior risk-adjusted returns. Through a network of originators and deep legal, accounting and auditing expertise, the firm has built a long track record of analyzing and structuring financings for underserved companies.

John C. Fernando
Managing Partner

Twenty years in specialty finance as lender, investment banker and attorney. Led ABS origination and structuring at Lehman Brothers; previously tax counsel on structured finance at Brown & Wood. B.S. Virginia Tech, J.D. William & Mary, LL.M. Taxation, NYU.

Frank M. Gren
Managing Partner

Advisor to senior levels of federal and state government, investment banks and the trial bar on matters ranging from national security to esoteric financing. Former Navy aviator; graduate of the U.S. Naval Academy and Georgia Institute of Technology.

Noah F. Cutler
Managing Director

Over fifteen years of structured finance and credit experience, having underwritten more than $5B of secured and unsecured debt and closed over $200MM of asset-backed loan facilities for small and medium-sized businesses. Previously Merrill Lynch, Deutsche Banc, Lehman Brothers and Société Générale. B.A. Economics, NYU.

We are active in the market and reviewing opportunities.

Send the situation, the collateral and the amount sought; a partner will respond directly.