By Rostislav Lonskiy3 min read

Unknown EBITDA is a gating item

Zeonix's stated borrower EBITDA mandate is $3M to $25M. When EBITDA is not known, the appropriate response is not to assume fit; it is to mark the opportunity research-gated until financial information can be reviewed.

That posture protects borrowers, sponsors, advisors, and capital partners from spending time on opportunities that may sit outside Zeonix's mandate.

EBITDA also shapes structure

For cash-flow, enterprise-value, recurring-revenue, and asset-based structures, verified earnings and their durability matter. EBITDA visibility helps determine whether a senior secured, unitranche, second lien, or mezzanine discussion is appropriate.

Screening is not underwriting

A mandate screen is an early-stage filter. It does not constitute investment advice, a commitment, or an offer to finance. Full underwriting depends on transaction documentation and diligence.

This Zeonix Capital insight is informational only and should not be read as an offer, commitment, or investment, legal, tax, or accounting advice.