CT · Direct

Direct Lending in Connecticut.

Summit places direct lending with vetted lenders serving operators across Connecticut — from Hartford, New Haven, Stamford, Bridgeport to smaller commercial markets. Connecticut middle-market manufacturers and healthcare groups rely on bridge and ABL structures during M&A and equipment cycles.

Capital Range
$5M – $500M+
Time to Funding
3 – 5 Weeks
Coverage
All of CT
Overview

Direct Lending for Connecticut operators.

Direct lending is non-bank, privately negotiated debt provided to middle-market companies. It bridges the gap between bank syndicated debt and high-yield bonds — typically with tighter covenants, faster execution, and more flexibility on structure than the public markets. Summit arranges senior secured, unitranche, second-lien, holdco, and structured equity-debt hybrids for both sponsor-backed and non-sponsored borrowers.

In Connecticut, direct lending demand is concentrated in insurance and manufacturing — sectors where Summit's lender bench has deep underwriting history. We structure deals against Connecticut bank deposits, AR, and equipment, and execute documentation under the state's commercial finance rules.

Whether you operate in Hartford, New Haven, or a secondary market, the same desk handles intake, term-sheet negotiation, and funding — so Connecticut operators get institutional execution without local-bank delays.

Best Fit

Who this works for in Connecticut.

  • Sponsor-backed leveraged buyouts and acquisition financing
  • Family-owned and founder-led middle-market growth capital
  • Dividend recapitalizations and shareholder liquidity events
  • Refinancing existing bank or unitranche facilities
  • Connecticut-based operators in insurance, manufacturing, healthcare — Summit's most active CT segments.
Typical Terms · CT
Facility Size$5M – $500M+
StructureSenior / Unitranche / 2L / Holdco
PricingSOFR + 450 – 900 bps
Term5 – 7 Years
LeverageUp to 6.0× EBITDA (unitranche)
RecourseNon-Recourse to Sponsor
Qualification
EBITDA$2M+
Revenue$15M+
Business ModelRecurring or Contracted Cash Flow Preferred
Management TeamEstablished, Institutional Quality
Use of ProceedsM&A / Growth / Refinance / Recap
GeographyConnecticut (CT)
Markets Served · Connecticut
HartfordNew HavenStamfordBridgeport+ Statewide

Ready to fund your Connecticut business?

Same desk. Same execution. Indicative terms within 24 hours.

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