Investment Strategy

The Fund provides borrowers with flexible, timely and innovative financing solutions. Generally beyond the scope of traditional debt and working capital providers, these solutions are based on criteria such as credit worthiness of borrower counter parties, value of inventory and raw materials, cash flow streams and contracted customer relationships rather than solely on the client's balance sheet or operating history.

We specialise in asset based loans and cash flow lending, some examples of which include:

Wholesale Equipment Finance Programs
Vendor Finance Programs
Receivables Finance
Warehouse and Inventory Finance
Trade Finance
Pre Securitisation Warehouse Finance
Working Capital Finance

Causeway’s diversified portfolio of underlying loans to middle market borrowers display the following broad characteristics:

Loan sizes from A$3 million - A$25 million;
Minimum borrower turnover generally A$10 million;
Senior secured lending focus with mezzanine and short term unsecured opportunities considered;
Terms range from 6 months to 5 years (average duration 18 – 24 months); and
Transparent rate and fee structure to client.

In assessing potential investment opportunities, broad areas of focus include:

Experience of management team and financial commitment;
Year’s of operation in business or in a similar business;
Transparency of information and financial reporting;
Value and condition of underlying assets and collateral;
Timely access to information and relevant value proposition; and
Drivers for growth, competition and barriers to entry

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Private Debt

Investment Strategy