Standing Apart

Our relationship approach delivers the lower middle-market a consistent, reliable lender with scale. Over $5.3 billion committed since inception with vast majority committed to companies with less than $15 million of EBITDA at initial close.

Firm

Approach

Criteria

Team

We are a direct lender

At elevation, the “tree line” marks a change of environment.

It is the point at which one must determine to ascend and assume risk or descend and take shelter.

We understand businesses are constantly required to calculate risk. It is critical for businesses to have a lending partner that they can rely on when uncertain conditions exist. Tree Line’s Principals are experienced direct lenders having navigated multiple economic cycles with borrowers. Operators, management teams and sponsors choose to work with us because they know they can count on us when it matters most.

Founded in 2014
100% focus on lower middle-market
Team has been direct lending since 2002
Diversified institutional capital base

As a cycle-tested team of direct lenders we understand the needs of lower middle-market sponsors and borrowers. Our streamlined underwriting approach delivers direct access to our decision makers and a relationship they can rely upon.

2023 ANNUAL REPORT

We understand relationship lending.

Borrowers and sponsors are choosing Tree Line on a repeat basis for a reason.

BY THE NUMBERS

$4.0B
Assets under management

$5.3B
Commitments issued

387
Transactions closed

88%

Agent or lead deal arranger

50%

Repeat & referral deal flow

We’ve built a national footprint to deliver tailored financing solutions coast to coast.

18
Sponsor markets covered

3K+
Deals sourced

Tree Line Office Portfolio company

SAN FRANCISCO

NEW YORK

LOS ANGELES

AUSTIN

We deliver flexible financing solutions tailored to meet a company’s needs.

Underwriting Process

SCREEN

Listen to and understand the needs and goals of the financing
Provide quick and reliable pricing and structuring feedback
Term sheets delivered with certainty to close given upfront diligence and direct Investment Committee Involvement

COLLABORATE

Partner with our borrowers and sponsors to complete business due diligence
Design creative financing solutions to support post-close acquisition, earn-outs and other needs
Finalize delayed draws, earn out financing and other custom features to support growth post-close

GROW

Implement efficient documentation and funding process
Deliver significant post-close support via ability to grow credit facilities to $100m+
Maintain flexible approach as a non-bank lender
Adapt to changing market conditions and provide thoughtful solutions in various lending climates