Callodine Commercial Finance
Stretch ABL built on the former Gordon Brothers Finance business.
Asset-Based LendingFirmUnited States & Western Europe
Target market
Middle-market companies needing stretch or junior ABL
Geography
United States & Western Europe
Overview
Callodine Commercial Finance is the asset-based lending arm of Boston-based Callodine Group, created when Callodine acquired Gordon Brothers Finance Company in 2021. It provides stretch ABL that lends against inventory, equipment, real estate, receivables and even intellectual property and brands, typically at higher advance rates than senior bank lenders.
Key facts
- Formed via Callodine Group's 2021 acquisition of Gordon Brothers Finance Company
- Lends against IP, brands and other alternative collateral
- Backing at acquisition included financing from KKR and East Asset Management