Hybrid Subscription + NAV Facility

What is it?

DirectLenderMatch classifies Hybrid Subscription + NAV Facility under the financing form “Fund loan.” Its typical use in this directory is: Blend subscription and asset-backed fund finance.

How does it work?

The structure is generally evaluated, supported, or secured using the following basis: Uncalled commitments + portfolio NAV. Exact underwriting, eligibility, terms, and availability are provider-specific and can change.

What can it be used for?

Blend subscription and asset-backed fund finance.

What backs or supports it?

Uncalled commitments + portfolio NAV.

Why does this structure exist?

This structure provides a defined way to address the financing need described above. The provider, transaction, collateral, and underwriting context determine how the structure is implemented in practice.

Important considerations

Confirm current costs, risks, licensing, eligibility, collateral treatment, recourse, tax consequences, and availability directly with the provider and appropriate professional advisers. DirectLenderMatch does not compare rates or recommend products.

Is this actually a loan?

Verified lenders or providers

Related financing structures