Transaction
Acquisition Bridge Financing
Short-term secured capital to close an acquisition on schedule while permanent financing or a planned raise is completed.
- Principal Capital
- Collateral-Based
- 6–12 Month Terms
- Case by Case
Overview
Acquisitions run on a closing date. When permanent financing is slower than the seller's timetable, a bridge is what keeps the transaction alive — provided the collateral is clean and the take-out is real.
BlackWolf provides 6 to 12 month secured bridge capital for acquisitions by private companies going public and by existing public issuers. Structures may include conventional bridge loans or counsel-reviewed convertible secured notes.
The take-out matters more than the target. We underwrite the source that repays us, the position we hold until it does, and whether we can enforce that position if the plan changes.
Indicative Structure
| Facility size | $100,000 – $500,000 initially |
|---|---|
| Term | 6 – 12 months |
| Repayment | Interest-only with balloon, or amortizing |
| Security | UCC-1 on assets or acquired receivables |
| Controls | No affiliate or related-party repayments until the loan is paid |
| Convertible option | Available subject to securities-counsel review |
All transactions remain subject to diligence, credit or investment approval, legal review, collateral review, and closing conditions.
Collateral Considered
- UCC-1 on company or acquired assets
- Accounts receivable of either party
- Stock pledges
- Guaranties where appropriate
Senior liens, priority, and enforceability are reviewed during diligence.
What We Look For
- A signed purchase agreement with a defined closing date
- A documented take-out: permanent debt, a raise, or cash flow
- Lien position that can actually be perfected
- Authority to pledge across both entities where relevant
What Commonly Stalls One
- A take-out that is intended rather than committed
- Existing senior debt without consent to a new position
- Collateral tied up in the target's own facilities
- Change-of-control provisions that conflict with the pledge
Common Questions
If your question is not here, a short call is usually faster than an email thread.
Ask directlyCan the bridge convert to equity in the acquirer?
Conversion terms are negotiated case by case and remain subject to securities-counsel review and definitive documentation. Convertible and equity-linked instruments are structured with beneficial ownership limitations.
Will BlackWolf take a junior position behind existing debt?
Priority and enforceability are reviewed during diligence. Undisclosed senior liens are a common reason a transaction does not proceed.
Related Transactions
Exchange Uplisting
Bridge capital for issuers moving from OTC markets to a national exchange, or establishing an initial quotation.
Read moreReceivables Financing
Capital advanced against invoiced receivables and settlement proceeds where the obligor and the payment path can be clearly documented.
Read moreBalance-Sheet & Settlement Funding
Negotiated capital to retire problem obligations, fund settlements, and present a clean balance sheet ahead of a transaction.
Read more
What Happens Next
Submitting a transaction starts a review, not a commitment. This is the sequence that follows.
Submit Intake
Provide a brief overview of your financing needs.
Initial Review
Our team reviews the opportunity and confirms alignment.
Confidential Discussion
We evaluate structure, collateral, and objectives.
Structured Solution
Where there is a fit, we outline a tailored path forward.
Submission of information does not create a commitment to lend or invest.
What to Have ReadyDocuments commonly requested during review. Nothing here is needed to submit.
Corporate
Establishes who you are and who can sign.
- Certificate of incorporation and current bylaws or operating agreement
- Current capitalisation table, including options, warrants, and convertible instruments
- Officers, directors, and holders of more than five per cent
- Board or member authority to incur debt and pledge assets
Financial
Shows what the business does and what it can carry.
- Last two years of financial statements, audited where they exist
- Current-year interim statements
- Existing debt schedule with maturities and security
- Accounts-receivable ageing, where receivables are part of the picture
Transaction
Describes what the money is for and how it comes back.
- Letter of intent, merger agreement, or registration draft, as applicable
- Use of proceeds, itemised
- Repayment or exit source, with its expected timing
- Counsel, auditor, and transfer agent engaged on the transaction
Collateral
Establishes what secures the facility and who else has a claim on it.
- UCC search results and any existing lien or security filings
- Valuation, appraisal, or ageing supporting the collateral's value
- For pledged securities: share certificates or book-entry position, and the transfer agent's requirements
- Any lock-up, pledge restriction, or shareholder agreement that touches the collateral
Specific to Acquisition Bridge
What we look at first on this kind of transaction.
- A signed purchase agreement with a defined closing date
- A documented take-out: permanent debt, a raise, or cash flow
- Lien position that can actually be perfected
- Authority to pledge across both entities where relevant
Start Smaller
Not Ready for the Full Form?
Tell us who you are and that you are looking at acquisition bridge. We will read it and reply.
Start the Conversation
Submit This Transaction for Review
Send company information, requested amount, use of proceeds, repayment source, and available collateral. Submission of information does not create a commitment to lend or invest.