NAV loans and lender financing for private funds

Whether you're a buyout, growth, secondary or credit fund, we have solutions for you.

Use these funds to:

Access additional capital for further investments (follow-ons or new investments)
Manage fund liquidity and working capital needs
Enhance returns with flexible NAV financing structures

All solutions offer:

Credit Card Check Duotone $50M+ facility size
Calendar Duotone Multi-year fund loans (~ 3-5 years)
Cash Tag Duotone Pricing varies by portfolio

Select the fund type that best describes your need to learn more:

Buyout, Growth or Venture Fund Secondaries Fund or Fund of Fund Credit Fund

Primary NAV financing

NAV loans service designed for closed-end credit funds and investment vehicles holding corporate loan assets. This fund-level financing solution supports portfolio company support financing and GP liquidity options.
Pie Chart 1 Outline Light Loan-to-value Up to 20%
Hand Holding Dollar Outline Light Borrowers Private equity, growth or venture fund
Folder File Icon Collateral Control or minority equity holdings in operating companies

Typical structure

primary flow 01

Dirk Engelbert

Work with our specialized NAV team

Dirk Engelbert - Head of Structured Fund Solutions, Global Fund Banking
View my profile Email me

Learn more about how SVB clients have utilized their NAV loans

Read the article

SVB's insights for private funds CFOs

BLOG | PRIVATE FUNDS CFO INSIGHTS Maximizing flexibility with NAV loans NAV loans can give fund managers the liquidity to support existing portfolio companies or take advantage of new investment opportunities in the later stages of a fund's life cycle.  Read now
BLOG | FX ADVISORY Foreign exchange hedging for global exits Short-dated FX forwards can be used to help mitigate the FX rate uncertainty that arises between the time a portfolio company is sold and the funds are repatriated back. Read now
BLOG | FX ADVISORY Exit hedging: NAV-based FX hedging This short paper outlines solutions to help investors at exit stabilize their projected NAV or cost, mitigate the impact of currency fluctuations, and potentially earn additional FX carry trade returns.  Read now

NAV Loans FAQs

What are typical loan terms?

3-5 years for primary and secondary NAV financing; 4-6 years for lender financing.

How are NAV loans priced?

Pricing varies by portfolio.

How can funds be used?

You can use loan funds to:

  • Access additional capital for further investments (follow-ons or new investments)
  • Manage working capital
  • Enhance returns

 

 

This material, including without limitation to the statistical information herein, is provided for informational purposes only. The material is based in part on information from third-party sources that we believe to be reliable but which has not been independently verified by us, and, as such, we do not represent the information is accurate or complete. The information should not be viewed as tax, accounting, investment, legal or other advice, nor is it to be relied on in making an investment or other decision. You should obtain relevant and specific professional advice before making any investment decision. Nothing relating to the material should be construed as a solicitation, offer or recommendation to acquire or dispose of any investment, or to engage in any other transaction.

 

All credit products and loans are subject to underwriting, credit, and collateral approval. All information contained herein is for informational and reference purposes only and no guarantee is expressed or implied. Rates, terms, programs and underwriting policies subject to change without notice. This is not a commitment to lend. Certain terms, conditions, exclusions, and limitations apply.