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Abacus Finance

Cash-flow based senior secured debt financing

Overview

Abacus Finance Group, LLC provides cash flow-based, senior secured debt to private equity–sponsored lower-middle market companies across the United States. The loans are senior secured and backed by the borrowers’ cash flow, enabling PE-backed firms to finance acquisitions, growth, or recapitalizations. Abacus operates as an affiliate of New York Private Bank & Trust (the holding company for Emigrant Bank), linking private debt solutions with the resources of a large family-owned bank. Unlike many lenders that rely on asset-based or collateral-heavy formats, Abacus focuses on the borrower’s cash flow to support senior debt capacity, offering specialized private financing for mid-market deals. The company’s goal is to provide tailored, cash flow-based debt solutions through a nationwide footprint to help private equity sponsors grow and optimize capital structures.

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About Abacus Finance

Simplify's Rating
Why Abacus Finance is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Financial Services

Company Size

11-50

Company Stage

N/A

Total Funding

N/A

Headquarters

New York City, New York

Founded

2011

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What believers are saying

  • On October 20, 2026, Abacus financed Fengate’s CRWF buyout and added equity co-investment.
  • July 2026 AUM reached about $1.4 billion, after nearly doubling investment capacity.
  • The $262.5 million SBIC Fund I and multiple 2026 hires expand lending capacity quickly.

What critics are saying

  • Private credit spreads are tightening, squeezing returns on Abacus’s sponsor-backed senior loans in 2026.
  • An economic slowdown would hit EBITDA covenants first, forcing restructurings across Abacus’s concentrated lower-middle-market book.
  • Abacus relies on a few senior leaders; leadership turnover would cripple origination and underwriting instantly.

What makes Abacus Finance unique

  • Tim Clifford’s team closed over $3.5 billion since 2011, focused on lower-middle-market sponsors.
  • Abacus targets $60 million checks for EBITDA $2 million to $15 million companies.
  • Its Total Partnership Approach promises sub-72-hour execution, flexible documentation, and certainty of close.

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Benefits

  • Health Insurance
  • Hybrid Work Options
  • Profit Sharing

Company News

ABF Journal
Oct 23rd, 2026
Abacus Finance Group provides senior debt financing to support Fengate Private Equity.

Abacus Finance Group provides senior debt financing to support Fengate Private Equity. The financing supported Fengate Private Equity's leveraged buyout of Clinical Research of West Florida. Abacus Finance Group also made an equity co-investment in Clinical Research of West Florida. Abacus Finance Group, a provider of cash flow-based, senior debt for sponsor-led investments in lower middle-market companies, served as senior secured credit facilities administrative agent and sole lender in a senior debt financing to support Fengate Private Equity's leveraged buyout of Clinical Research of West Florida. Abacus Finance Group also made an equity co-investment in Clinical Research of West Florida. "The critical factors for us were Abacus's industry experience within pharmaceutical services and healthcare, how quickly they got up to speed on the business, simplicity of documentation, and the certainty of close they provided us throughout the process." Maxim Tcherner, managing director of Fengate Private Equity, said. "Our Total Partnership Approach was the key to our success in this our first transaction in partnership with Fengate," Tim Clifford, founding partner and CEO of Abacus Finance, said. "We were able to meet the tight closing timeline for this transaction and are excited about the prospect of working with the Fengate team to support the future growth in store for Clinical Research of West Florida. As in past transactions, our success was a function of our speed, structural flexibility, and certainty of close - all key aspects of our Total Partnership Approach." Greg Scanlon, vice president of Abacus, added, "We are thrilled to get to partner with Fengate on a great business and look forward to continuing to support the growth of CRWF through the life of Fengate's investment." Abacus Analyst Jeremy Pak also assisted on the transaction, and legal counsel was provided by Goulston & Storrs.

In Depth Science
Jul 12th, 2026
Abacus Finance expands lower-middle market lending capacity with team expansion and AUM growth.

Abacus Finance expands lower-middle market lending capacity with team expansion and AUM growth. Jul 12, 2026 The demand for private credit continues to grow as more people opt for it over traditional loans. Abacus Finance adds investment analyst Toby Nabavian and expands Assets Under Management to boost lending capacity for lower-middle market companies. New York, New York, United States, July 13, 2026 - According to the Alternative Investment Management Association, the value of the private credit market was $3.5 trillion in 2025. As the market expands, demand for lower-middle market financing continues to rise. Still, many lenders are struggling to find reliable partners who can deliver funds without slowing deals down. Abacus Finance is meeting the rising demand for private credit. Over the past few years, the firm has nearly doubled its investment capacity. The update will support lower-middle market lending activity for private equity-backed companies. It will also help private equity sponsors close transactions with higher certainty. Many lower-middle market deals move on tight timelines. Slight financing delays can put transactions at risk. When lenders need to gather capital after a deal is already in motion, the process takes longer than expected. The team at Abacus Finance says the growth will give them more flexibility in how deals are funded, like supporting larger deals without changing its lending rules. With committed capital, clients get faster responses to deal requests. Along with capital growth, Abacus Finance has also added new staff. The firm added Toby Nabavian to its team as an investment analyst. Company leaders said the new hire will help support a growing number of deals. Toby Nabavian brings experience in leveraged finance from Capital One. He also has a background in business analytics. His addition strengthens the firm's ability to review deals and support underwriting. With more transactions coming in, the firm says it will continue hiring talent to meet demand. The goal is to speed up decision-making while still prioritizing disciplined underwriting standards. Abacus Finance continues to support growing lower-middle market lending companies. The team says that strong relationships remain an important part of its approach and recent initiatives will address evolving client needs. The recent updates come at a milestone moment for the New York-based company. Since opening its doors in 2011, the private debt firm has completed over $3.5 billion in total financings. The investment team manages about $1.4 billion in assets. Adding fresh talent and capital are both strategic moves to prepare the business for future market shifts. About the company: Abacus Finance is a private credit lender based in New York City, specializing in senior loans for private equity-backed companies in the lower-middle market. The firm is now offering flexible financing for transactions that require fast and reliable execution. Its lending approach and team expansion will support acquisitions and other sponsor-backed deals. Contact Info: Name: Seth Friedman Email: Send Email Organization: Abacus Finance Website: https://abacusfinance.com/ Release ID: 89197317 If there are any problems, discrepancies, or queries related to the content presented in this press release, In-Depth Science kindly ask that you notify In-Depth Science immediately at [email protected] (it is important to note that this email is the authorized channel for such matters, sending multiple emails to multiple addresses does not necessarily help expedite your request). Its responsive team will be available round-the-clock to address your concerns within 8 hours and take necessary actions to rectify any identified issues or support you with press release takedowns. Ensuring accurate and trustworthy information is its unwavering commitment.

Abacus Finance
Jun 29th, 2026
Abacus Finance sets sail for number 16 as celebratory Regatta marks a milestone anniversary commemorating 15 years of success.

Abacus Finance sets sail for number 16 as celebratory Regatta marks a milestone anniversary commemorating 15 years of success. Abacus also announced the hiring of Toby Nabavian as an Analyst. New York, NY, June 29, 2026 - Abacus Finance Group, LLC, a leading provider of cash flow-based senior debt for sponsor-led investments in lower middle market companies, celebrated 15 years in style at the 2026 Abacus Regatta on June 4-5. The two-day event paired a celebratory dinner in the Hotel Viking's Thames Room with an America's Cup 12-Meter Sailing Experience on Newport's waters. Abacus also announced that Toby Nabavian has joined Abacus as an Analyst. "Every hire like Toby deepens our bench and sharpens our edge - letting us deliver faster, smarter service to our private equity sponsors," said Tim Clifford, CEO and Founding Partner of Abacus. "These capabilities are highlighted in our new website, which outlines key milestones in the firm's growth, from our founding in 2011 to surpassing $1 billion in direct lending originations within five years, and growing to more than $3.9 billion in financings today, along with the recent formation of multiple SMAs with institutional asset managers." "This success rests on five core tenets that shape how we help private equity sponsors win through flexible, experience-driven credit," Clifford added. "It's the heart of why clients Count on Us(TM) and why they keep coming back." Toby Nabavian, Analyst As a member of the investment team, Toby will be involved with structuring, underwriting, executing, monitoring and valuing investments for the firm. Previously, Toby was an Analyst within Capital One's Leveraged Finance Group. He earned his M.S. in Business Analytics and B.A. in Finance from the University of Wisconsin-Madison. About Abacus Finance Group, LLC Abacus Finance Group, LLC (including its subsidiaries and affiliates, together "Abacus") is a leading asset management firm specializing in private credit solutions to the lower middle market. Since Abacus's inception in 2011, it has closed over $3.5 billion in financings. The firm targets private debt financing opportunities of up to $60 million and finances companies with EBITDA between $2 million and $15 million. The firm is headquartered in New York City and maintains a second office in Portsmouth, New Hampshire. Abacus is an affiliate of New York Private Bank & Trust, which was founded in 1850. Abacus Finance is located at 22 Vanderbilt Avenue, Suite 6H, New York, NY 10017. All inquiries and new investment opportunities should be directed to Tim Clifford at 212-850-462 or [email protected]. Please visit abacusfinance.com for more information. Total Partnership Approach(TM)(TPA), a registered trademark of Abacus Finance, LLC, brings together cash-flow financing expertise, deep industry knowledge, a turnaround time of under 72 hours, and exceptional client service over the lifecycle of each investment - all in all, a comprehensive methodology that reflects its emphasis on growing relationships rather than just focusing on the number of transactions. Abacus Finance encourage sponsors to Count on Us(TM) because of the deep partnerships Abacus Finance forge by going well above and beyond what they traditionally have come to expect. Abacus Finance don't believe in the phrase "good enough" - Abacus Finance push ourselves to create custom financing solutions specifically tailored for each transaction. Abacus Finance Group Provides Senior Debt Financing to Support Achieve Partners' Investment in Celito Tech, Inc.

Structured Finance Association
Jun 1st, 2026
Abacus Finance backs LongueVue Capital's Apex Dental Laboratories investment

Abacus Finance Group has provided senior debt financing to support LongueVue Capital's investment in Apex Dental Laboratories Group. Abacus served as senior secured credit facilities administrative agent and lead arranger, and also made an equity co-investment in the company. Apex Dental Laboratory Group is a network of dental laboratories focused on customer service and consistent results. LongueVue Capital, founded in 2001, is a New Orleans-based equity investment firm providing growth capital to middle-market companies. Since its inception in 2011, Abacus has closed over $3.5 billion in financings. The firm targets private debt financing opportunities of up to $60 million for companies with EBITDA between $2 million and $15 million. Legal counsel was provided by Goulston & Storrs.

Sun Business Media LLC
Oct 21st, 2025
Abacus Holds Final Close for Inaugural SBIC Fund

Abacus holds final close for inaugural SBIC Fund. New York city-based Abacus closes the fund with $262 million of above target and oversubscribed capital. Abacus Finance Group has held a final and oversubscribed close of its first Small Business Investment Company vehicle, Abacus Finance SBIC Fund I LP (Fund I), with $262.5 million in capital. Abacus secured $87.5 million in private commitments and leveraged the U.S. Small Business Administration's SBIC program to reach its hard-cap target. The fund's private commitments came from both institutional and high-net-worth investors such as banks, endowments, family offices, and insurance companies. Fund I is led by CEO and Founding Partner Tim Clifford, President and Founding Partner Sean McKeever, Managing Director Seth Friedman, and Managing Director Eric Petersen. This team has more than 125 years of experience in lower middle-market lending. "We are incredibly grateful for the overwhelming support we've received in launching our first fund," said Mr. Clifford. "Achieving this successful closing as a first-time fund manager speaks to the confidence our investors have placed in our team and our commitment to supporting the growth of small businesses across the country. This milestone positions us to make meaningful investments that will drive job creation and economic growth." SBICs are privately owned and managed investment firms that combine their own capital with funds borrowed at favorable rates through SBA guarantees to provide long-term debt and equity investments to small businesses. The program allows SBICs to leverage their private capital to increase their funding capacity and potentially achieve stronger returns while supporting small businesses. "The SBIC program provides us with a unique opportunity to amplify our impact in the small business community," said Mr. McKeever. "With this enhanced capital base, we can support entrepreneurs who might otherwise struggle to access the growth capital they need. Our focus remains on identifying businesses with strong fundamentals and exceptional management teams that are positioned to create sustainable value and meaningful employment opportunities." Abacus targets debt financing opportunities of up to $60 million and invests in companies with EBITDA between $2 million and $15 million. Fund I has already deployed approximately 40% of its capital and expects to invest the remainder over the next 9 to 18 months. "We see tremendous potential in the small and medium-sized business sector, particularly in companies that are generating positive cash flow but need capital to accelerate their growth trajectory," said Mr. Petersen. "Our disciplined investment process focuses on businesses where we can add real value beyond just capital - whether through operational expertise, strategic guidance, or helping them access new markets. This fund positions us to be true partners with management teams as they scale their operations." For example, earlier this year Abacus provided both debt and equity to back acquisitions by LFM Capital and WestView Capital. In April, the firm provided senior debt financing and made an equity co-investment to back LFM's acquisition of Marcy Laboratories, an Illinois-headquartered contract manufacturer specializing in perfumes, colognes, room sprays, and fragrance samplers for large fragrance brands and specialty retailers. Similarly, in the WestView transaction, Abacus provided senior debt financing and made an equity co-investment to back WestView's buy of Ottawa-headquartered Hoist Global, a systems integrator that provides consulting, implementation, and support services to companies operating in the aerospace and defense, energy utilities, construction, manufacturing, and telecommunication sectors. Hoist specializes in IFS software systems, a Sweden-based provider of cloud-based software for enterprise resource planning (ERP), enterprise asset management (EAM), and field service management (FSM). Hoist was founded in 2019 and is one of the largest IFS-focused systems integrators. "We are deeply appreciative of the tremendous support we have received from our limited partners, who share our vision vis-à-vis empowering small business growth," concluded Mr. Friedman. "Additionally, we are grateful for the partnership and support of the Small Business Administration, whose SBIC program enables us to provide much-needed capital to underserved markets and deserving entrepreneurs." Abacus Finance is headquartered in New York City and maintains a second office in Portsmouth, New Hampshire. The firm now manages approximately $1.3 billion in assets and has completed over $3.5 billion in total financings. Abacus is an affiliate of New York Private Bank & Trust, which was founded in 1850.

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