Twain Private Credit
Tailored Financing Solutions for Growth
Twain Private Credit (TPC) is a member of the Twain Capital ecosystem.
We provide flexible, cash flow-based financing solutions to lower middle market businesses in underserved communities in the Southern states through TPC’s inaugural Small Business Investment Company (SBIC), Truman Fund I.
TPC brings over 120 years of experience across private equity, venture capital, banking, private credit and operations. Our unique combination of expertise makes us an excellent partner for management teams in the lower middle market. With our investment professionals having experience in both financial and operational roles within lower middle market companies, we possess a deep understanding of the challenges that management encounters, which is often beyond the reach of investors with only board-level experience. Meet our team.
We prioritize direct collaboration with our management partners as peers, rather than taking a controlling stance, and we provide significant support through our advanced financial and data analytics capabilities. We recognize that lower middle market companies often lack access to this level of analytical support for optimizing business operations, which allows TPC to add substantial value to our partnerships. By working closely with management, TPC has a track record of growing every business we invest in, fostering the development of sustainable, market-leading businesses.
Sticking to our roots
Headquartered in Ridgeland, Mississippi, with offices in Tulsa, Oklahoma and Nashville, Tennessee, TPC is uniquely positioned to serve underserved communities not only in Mississippi, Oklahoma, and Tennessee, but also throughout the Southeastern and Southwestern regions. Our roots in Mississippi, Oklahoma, and Tennessee drive our commitment to supporting local businesses and underserved markets across the Southeast and Southwest. As the sole licensed Small Business Investment Company (SBIC) fund manager in Mississippi and Oklahoma, we are dedicated to fostering economic growth and providing flexible financing solutions to businesses in our state and beyond. TPC’s mission is to invest in and support the growth of businesses across the Southeast and Southwest, empowering entrepreneurs and driving economic development in our region.
Advantages of financing with Twain Private Credit
Speed to Close
TPC’s SBIC lending offers significant advantages over traditional bank loans. One of the key benefits is the speed of approval and funding. Unlike banks, which often have lengthy approval processes, TPC can expedite loan approvals and closings, providing businesses with the capital they need more quickly.
Greater Flexibility
Additionally, TPC’s SBIC financing provides greater flexibility and less restrictive terms compared to banks, especially in the current macroeconomic environment. Banks may face challenges such as higher interest rates, deposit flight, and increased regulatory burden, leading to more stringent lending criteria and less favorable terms for borrowers.
Patient Capital
With TPC, businesses can access financing that is not only faster but also more adaptable to their needs. Our SBIC lending approach allows us to offer more patient capital, longer repayment terms, and tailored solutions, empowering businesses to focus on growth rather than short-term financial constraints.
Focus on Underserved Communities
Additionally, TPC is committed to serving businesses in underserved communities, where traditional bank lending may be limited. By providing accessible financing options and personalized support, we aim to drive economic development and growth in these regions, benefiting both businesses and local economies.
The Benefits of Investing in Truman Fund I
Limited partners (LPs) of Truman Fund I benefit from several advantages that aren’t available to other types of investment funds.
Rapid deployment of funds
With a commitment from the U.S. Small Business Administration (SBA) to match capital, up to two times the private capital raised, Twain Private Credit is able to minimize the time spent on fundraising and focus on making investments.
Strong, stable returns
The low cost of SBA capital provides Truman Fund I with pricing flexibility across cycles, while the 10-year term on SBA debentures avoids the problems of duration mismatch.
Community Reinvestment Act credit
Investments in Truman Fund I may be eligible for Community Reinvestment Act (Link is external) credit.
Underlooked opportunity to invest in small business
Despite being the bedrock of the American economy, U.S. small businesses remain underserved and represent a value opportunity for investors.