Intellectual property specialty firm UCC Capital Corp. began marketing three whole business securitizations this week, each in the $30 million to $65 million range, and all rated at least investment grade, sources said.
These deals should close before quarter end. Two are from the franchising sector (one restaurant franchise/one retail franchise) and one is from the apparel industry.
According to the Robert D’Loren, president and chief executive officer at UCC, the firm has seen more deal flow lately. UCC has opened three correspondent offices located in Nashville, Los Angeles and Philadelphia. The firm plans to open four more offices before the end of the quarter.