What we do
Edenton, North Carolina · est. 2015
Every week a line stays down is a customer quietly qualifying somebody else.
A plant that needs a replacement press needs it now. We underwrite the equipment and the order book, and we close in ten working days — a schedule we publish because we intend to be held to it.
We lend across the Carolinas, Georgia and Virginia, mostly to companies a bank has just declined for reasons that have nothing to do with whether the loan is good.
“The best borrowers we have were somebody else's declined file.”
Equipment or receivables
Something with a resale market we can price without an opinion.
An order book to fund
Work already sold. We finance delivery, not hope.
One honest conversation
Tell us the problem first. We have heard worse and lent anyway.
Ten working days
Median in 2026: nine
01
First call
02
Statements in
03
Site visit
04
Equipment valued
05
Order book checked
06
Credit memo
07
Committee
08
Term sheet
09
Documents
10
Funds move
If we cannot hold the schedule, we say so on day one rather than day eight.
The people
Everyone here, and what each of them actually does.
25 people across Edenton and Charlotte. The list is complete — there is no second bench.
- 01Amanda RavensworthManaging Partner
- 02Laura IngramManaging Partner
- 03Mark BradshawPartner
- 04Mark JamisonPartner
- 05Nicholas SherwoodPartner
- 06Patrick BeaumontPartner
- 07Robert CamdenPrincipal
- 08Robert ThackerayPrincipal
- 09Stephen FairweatherPrincipal
- 10Stephen MiddletonVice President
- 11Steven CarringtonVice President
- 12Susan AshbyVice President
- 13Lydia ThorndikeAssociate
- 14Edmund EllsworthAssociate
- 15Cecilia PembertonAssociate
- 16Hugh AshcroftHead of Origination
- 17Frances HollisterHead of Underwriting
- 18Preston StandishHead of Portfolio
- 19Miriam DanforthChief Financial Officer
- 20Walter OsgoodChief Compliance Officer
- 21Beatrice AldenGeneral Counsel
- 22Roger HarknessDirector of Research
- 23Eleanor SheffieldInvestor Relations
- 24Malcolm ComstockHead of Operations
- 25Adele NorcrossFund Controller
Open role
We are hiring an underwriter, in Edenton.
Asset-based lending experience, and the judgement to say no in a day rather than a month.