Southridge Capital LLC was founded by Stephen M. Hicks in 1996 and is its Chief Executive Officer. Southridge Capital LLC corporate headquarters is in Ridgefield, Connecticut. It has other offices in New York City, Los Angeles, and Ontario.
Kings College granted Hicks a B.S. in Business Administration, and he received his M.B.A. from Fordham University. His financial experience includes risk arbitrage, investment banking, and financial structuring. To see more you can checkout southridgeholdingsllc.com
Based on Hick’s extensive business experience he guided Southridge Capital LLC to solve such corporate issues to provide services to over 250 companies to meet their needs in such areas as:
- Transforming a private company into a public company,
- Promoting individualized financing techniques,
- Optimized balance sheet management.
Southridge has created a niche in providing customized financial planning, referred to as structured finance, for its clients and has invested over 1.8 billion dollars on behalf of its clients. One form of structured financing is designed to eliminate or transfer debt by creating securities based upon contractual debt, such as auto loans, credit card debt, residential and commercial mortgages.
The cash flows of these contractual instruments are sold and treated as securities by third-party investors. The debt from these contractual instruments has been referred to as collateralized debt. Southridege Capital LLC thus created new financing which was unrelated to market conditions. The result is that for small companies new money can be raised quickly through the securitization of contractual debt. The underlying debt will result in principle, and interest cash flows which are then redistributed as new financing as the direct result of creating mortgage-backed securities. Asset-backed securities are created by nonmortgage instruments.
The financing strategies employed by Southridge Capital LLC were designed to solve such issues as creditworthiness by eliminating debt. The result was not to have any impact on the company’s level of liquidity. The reduction in debt did not require a public offering and the required registration statement. For more details you can visit scribd.com