Introduction:
NewStar Financial, Inc. operates as a commercial finance company in the United States. It provides senior secured cash flow loans, and second lien and unitranche loans to middle market companies for acquisitions, recapitalizations, and refinancing or other general corporate purposes; and senior secured loans to larger middle market companies in healthcare, manufacturing and industrial, financial services, energy/chemical services, printing/publishing, consumer, retail and restaurants, and business and technology services industries. The company also offers working capital financing, which include asset-based loans, including revolving lines of credit and senior secured term loans to asset-intensive companies in various industries, such as business services, auto/transportation, marketing, retail, general manufacturing, wholesale distribution, and technology. In addition, it provides first mortgage transitional financing to professional real estate investors and developers to acquire and reposition commercial properties comprising office, multi-family, retail, and industrial properties. Further, the company offers a range of equipment loan and lease financing options to mid-sized companies to fund various equipment types consisting of manufacturing, technology, healthcare, transportation, and telecom equipment; and lease lines to meet customers needs for planned capital expenditures, as well as provides investment advisory and asset management services. NewStar Financial, Inc. was founded in 2004 and is headquartered in Boston, Massachusetts.