Max Draper is a finance professional with commercial banking experience underwriting owner-occupied real estate, syndications, ABL, leveraged, and subscription lines, ranging from $10MM-$100MM. He has received formal advanced credit training and can develop financial models, cash-flow analysis, scenario analysis, and financial statement sensitivity analysis. Max has been responsible for working with relationship managers to formulate credit structure, evaluate macro-economic risks, and present credit recommendations to administration.
Representative Experience
Served on the turnaround team for a $300MM top-line seafood processor and distributor. Provided cash flow management, short-term financial projections, A/P process implementation, and enhanced analytics.
Underwrote a $30MM subscription-line facility for a real estate investment fund, which was governed by a borrowing base centered around committed capital from 115 different investors. Performed credit evaluation on each investor ranging from major pension funds to high-net-worth individuals.
Underwrote a $125MM term loan commitment as part of a global $700MM facility to major airline lessor with over $1B in revenue and $950MM in EBITDA. The company operates as a subsidiary of a major conglomerate based in Tokyo and leases aircrafts worldwide.
Underwrote a $10MM working capital LOC to full scale kitchen and laundry installation and design company. The private equity-backed company’s debt structure consisted of $30MM senior debt and $20MM sub-debt, operating at 3.25x leverage. The line of credit was given to support working capital and additional liquidity for acquisitions.
Underwrote a sizeable owner-user term loan facility, which functioned as a mortgage loan for a vineyard property. The operating entity is a notable winery operation, producing $30MM in EBITDA, with additional support from a personal guarantor.
Served on the underwriting team for a private equity conglomerate who owns and operates concrete/ready-mix companies throughout the Western U.S. Underwrote owner-user real estate facilities for company’s major sites, with supporting lines of credit and equipment financing.
