Offering Quick Decisions – Along With Patience

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What kind of loans do you make and to whom?

Multiyear term loans to equity-backed growth companies. A typical company profile would be revenue in the $10 million to $50 million range, likely still negative earnings before interest, taxes, debt and amortization with a 12- to 18-month window on achieving positive Ebitda – and a commensurate ability to begin amortizing a loan.


What can you do that a bank can’t?

Make decisions more quickly, better understand bumps on the road to success, offer significant interest-only periods, and offer more creative loan and covenant structures.

What can banks do that you wish you could?

Borrow money to invest at extremely low costs.

What has been the biggest change in the lending industry since the financial crisis?

Time lines to decisions have been dramatically extended.

Has that helped or hurt you and other nonbank lenders?

Helped on the deployment front, hurt on the capital-raising front.

What was your worst day at the office?

Laying off employees due to the financial downturn in 2008.

Your best day?

Watching my friend Adam Miller from Cornerstone OnDemand ring the bell when his company went public.

What’s the best advice you ever got?

Never stop striving to be the man you think you are.

What’s something your colleagues don’t know about you?

I read math books for fun.

RAY BOONE, 43

General Partner,

Multiplier Capital, Bel-Air

RESIDENCE: West Los Angeles

FAMILY: Single

ACTIVITIES: Sky diving, snowboarding, motorcycling and bouldering – rock climbing without harnesses – in the eastern Sierras.

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