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Access capital that’s secured, disciplined, and built to last

We provide asset-backed financing solutions to strong operators and projects underpinned by real assets. Our approach blends institutional credit discipline with operational agility — helping borrowers access flexible capital while offering investors stable, risk-adjusted returns. We think like owners, not lenders. Our focus is on sustainable growth, not short-term yield. Every deal is underwritten to protect capital, enhance value, and align the interests of operators and investors.

Q&A

Fund Overview

What is the Beckett Industries ABF Private Debt Fund?

The Beckett Industries Asset-Backed Finance (ABF) Private Debt Fund is a private lending strategy that originates and manages secured loans to businesses and projects backed by real assets. The Fund seeks to deliver stable income and attractive, risk-adjusted returns through disciplined underwriting, conservative leverage, and covenant-protected structures.

What types of assets do you finance?

We extend loans secured by tangible assets such as real estate, equipment, information technology, or other forms of collateral. Each loan is structured to align with project cash flows and asset lifecycle.

What differentiates Beckett Industries from other private credit managers?

Our team blends institutional credit experience with a deep network of operating partners across real estate, equipment finance, and community development. This allows us to underwrite with precision, structure deals with purpose, and proactively manage collateral—all while partnering with borrowers whose values align with long-term, sustainable growth.

Is there independent oversight?

Yes. The Fund engages independent fund administration, annual audits, and third-party valuation firms to ensure transparency and accurate NAV reporting. Legal, tax, and compliance professionals provide continuous oversight.

How are distributions made?

Distributions occur quarterly, once the Fund achieves positive net income. Investors receive preferred returns first, followed by GP participation once performance hurdles are met.

Investors

Why private debt?

Asset-backed private debt offers investors a rare blend of yield, security, and stability. In a world of volatile public markets and constrained bank lending, private credit secured by tangible assets provides downside protection while delivering yields that rival or exceed unsecured credit.

What are the Fund’s target returns?

Targets are 12–14% net IRR, depending on share class and commitment size. These returns balance capital preservation through collateral coverage with mid-teens upside potential.

What is the target fund size?

The Fund is targeting $50 million in equity capital, complemented by leverage through HUD and bank financing facilities.

What is the investment horizon?

Capital deployment is expected between 2026–2034, with quarterly income distributions beginning once investments are stabilized and interest payments commence.

What is the minimum investment?

Minimum commitments begin at $250,000 for qualified purchasers, with opportunities for strategic investors to participate through co-investment or sidecar vehicles.

How is the Fund structured?

The Fund operates as a U.S. Limited Partnership, with Beckett Industries serving as General Partner and managing origination, underwriting, and ongoing portfolio management.

Who is eligible to invest?

Qualified purchasers, family offices, institutional LPs, and mission-aligned capital partners seeking exposure to secured private credit.

How will investors receive updates?

Investors receive quarterly updates, audited annual reports, and access to a secure online dashboard for ongoing transparency into portfolio performance.

When does the Fund begin accepting commitments?

Formal fundraising begins Q1 2026, with a final close targeted for 2027.

Operators

What makes Beckett different from a traditional lender?

We think like operators, not banks. Our process is nimble, our underwriting is pragmatic, and our structures are designed around real-world project needs. We underwrite value, not bureaucracy.

What types of financing do you provide?

We provide secured term loans, bridge loans, equipment financing, and sale-leaseback transactions. Each facility is collateralized by tangible assets and structured to match operational milestones and cash flow timing.

How are interest rates and fees determined?

Pricing is based on underlying risk, collateral quality, and borrower track record. We aim to provide competitive, risk-adjusted terms balanced by speed, flexibility, and long-term partnership.

What does your underwriting process look like?

Our process is clear and efficient:

  1. Preliminary review and term sheet discussion

  2. Collateral verification and due diligence

  3. Formal underwriting and credit approval

  4. Documentation and closing

Typical timelines range 30–60 days from submission to funding.

What materials are helpful before our first discussion?

We generally request:

  • Audited financial statements (3–5 years)

  • Detailed use of funds

  • Collateral schedules, titles, or appraisals

  • Business or project summary

What ongoing reporting is required?

We request quarterly financial statements, collateral updates, and insurance verification. Oversight is proportional—protective but efficient, ensuring both parties stay aligned without friction.

Will you sign an NDA?

We respect the confidentiality of all shared information. While we can execute NDAs, our internal protocols already ensure protection of sensitive data throughout our diligence process.

Strategy & Risk

How does the Fund manage risk?

We underwrite every deal with a downside-first mindset. Our focus is on capital protection through:

  • Conservative loan-to-value ratios (typically 35–50%)

  • Strong collateral coverage and covenants

  • Insurance, maintenance, and reporting requirements

  • Portfolio-level stress testing and scenario modeling

What is the typical loan size and duration?

Typical commitments range from $2 million to $15 million, with maturities between 24–48 months, depending on collateral and credit profile.

How do you source deals?

Our team reviews hundreds of opportunities annually through a network of sponsors, developers, community banks, and equipment lessors. Only those meeting our stringent underwriting and covenant standards move forward.

What happens if a borrower defaults?

All loans are secured by tangible assets, giving us recourse through foreclosure, assignment, or asset recovery. Conservative LTVs, tight covenants, and comprehensive documentation create multiple layers of downside protection.

The basics

What industries and asset classes do you focus on?

At Beckett Industries, we invest across four core asset classes—Real Estate, Venture Capital, Private Equity, and Private Debt—united by a shared focus on operational excellence, disciplined execution, and long-term value creation.

We’re builders and operators first. Our platforms are designed to align capital with mission, transforming ideas and assets into enduring businesses and communities.

Real Estate

We partner with mission-driven organizations to unlock the full value of their real estate assets with institutional expertise — creating long-term capital to fund and expand their mission.

We transform underutilized church and non-profit properties into vibrant, sustainable communities that enhance well-being, foster neighborhood growth, and deliver strong returns.

Our developments emphasize walkability, sustainability, and thoughtful urban design, blending purpose and performance to create lasting community value.

Venture Capital

We invest $250K–$2M into capital-efficient companies with $1M–$100M in revenue, primarily in:

  • Consumer Packaged Goods (CPG)

  • B2B Software

  • Business Services

We back founders with traction and a clear path to scale. Beyond capital, we bring operator-level experience, strategic insight, and a hands-on approach to building enduring companies the right way.

Private Equity

We take a flexible, opportunistic approach, investing $5M–$20M into businesses with $10M–$100M in revenue. Our focus areas include:

  • Roll-ups and platform builds

  • Corporate carve-outs

  • Turnarounds and underperforming assets

We partner closely with leadership teams to drive transformation, implement systems, and build scalable, high-performing companies positioned for long-term success.

Private Debt

We provide asset-backed financing to businesses and real estate sponsors, delivering non-dilutive capital secured by tangible collateral. Our strategy combines institutional credit discipline with the agility and creativity of an operator mindset.

We specialize in:

  • Secured term loans, bridge loans, and equipment financing

  • Sale-leaseback and acquisition financing

  • Growth and recapitalization capital

Every loan is structured for downside protection, collateral transparency, and cash-flow alignment. We lend where value is real and measurable — underpinned by assets that perform and partners who execute.

Our goal is to deliver stable income and attractive, risk-adjusted returns for investors while providing operators the speed and flexibility they need to grow — without giving up control.

Are you hiring for any internal roles?

While we don’t hire frequently, Beckett Industries is always open to connecting with exceptional talent—especially individuals who share our passion for investing, building, and creating long-term impact across real estate, venture capital, private equity, and private debt.

We also actively support our portfolio companies, real estate projects, and operating businesses in sourcing and hiring high-caliber talent across key functions—from leadership to operations to strategy.

If you believe your skills, mindset, and mission align with ours, we’d love to hear from you.

Who are Beckett Industries' investors?

Beckett Industries is backed by a diverse and trusted group of investors, including:

  • Angels and strategic operators

  • Family offices

  • High-net-worth individuals

  • Institutional partners

Our investor base reflects a wide range of experience, networks, and capital capacity—allowing us to flex across real estate, venture, private equity, and private debt with confidence and conviction.

This diversity gives us the ability to structure capital creatively, move quickly, and bring the right partners around each opportunity we support.

Where are your offices?

Grand Rapids, Michigan, is home. It’s where we’re headquartered—and where our commitment to the Midwest runs deep. But Beckett Industries operates nationally, with team members, partners, and collaborators spread across the United States.

This distributed model gives us the best of both worlds:

  • A strong foundation in the Midwest, where we’ve built lasting relationships and local expertise

  • A national presence that keeps us connected to markets, talent, and opportunities across real estate, venture, private equity, and private debt

Whether we’re walking a site in the Midwest or closing a deal on the West Coast, we show up—and stay close to the work.

How can we contact you?

We’re a relationship-first firm and value introductions through our trusted network. A warm referral often leads to a faster path to alignment. Still, we welcome direct outreach from anyone who shares our mission of building impactful, sustainable, and high-performing businesses or projects.

To ensure the right fit and next steps, we encourage reaching out directly to the GPs leading each platform:

  • Real Estate

  • Venture / Growth Equity

  • Private Equity

  • Private Debt

Please visit our Contact Page to get started. If you’re unsure where to begin, we’ll direct your inquiry to the right partner.

Does Beckett Industries invest internationally?

Our primary focus is on the United States, with deep roots in the Midwest—where we have longstanding relationships, on-the-ground insight, and a strong track record across our investment platforms.

That said, we’re open to select international opportunities that align with our mission-driven philosophy, meet our investment criteria, and are supported by trusted local partners.

International investments—particularly in real estate or venture—require strong alignment, clear strategic rationale, and the right infrastructure to execute with excellence. When those elements are in place, we’re willing to explore.

What is Beckett Industries’ investment philosophy?

Our investment philosophy is simple: do well by doing good—and build with purpose.

We focus on opportunities where we can create lasting value through a combination of:

  • Operational expertise

  • Mission alignment

  • A partnership-first mindset

Across all platforms, including real estate, venture, private equity, and private debt, we invest in people and projects that deliver strong financial returns and have a meaningful social, environmental, or community impact.

We don’t chase hype or short-term wins. We invest in what lasts. Because success isn’t just measured in numbers, it’s measured in legacy.

What makes Beckett Industries different from other investment firms?

We’re not just investors, we’re builders, operators, and partners who lead with conviction and invest with purpose.

What sets us apart:

  • Cross-platform expertise
    We operate across real estate, venture, private equity, and private debt, giving us the flexibility to meet opportunities where they are and bring the right capital, structure, and support.

  • Mission-aligned investing
    We believe in doing well by doing good. Our investments are designed to deliver strong returns and lasting impact, social, environmental, and generational.

  • Hands-on, operator-first approach
    We don’t sit on the sidelines. We roll up our sleeves, help solve real problems, and stay close to the work. Our team has built, scaled, and exited businesses—we know what it takes.

  • Collaborative, relationship-first model
    We partner deeply with founders, property owners, operators, and LPs—aligning incentives and building trust over time.

We don’t just invest in deals.

We invest in people, legacy, and long-term outcomes. That’s what makes Beckett Industries different.

How can LPs or potential investors get involved with Beckett Industries?

We partner with a diverse group of Limited Partners, including institutions, family offices, and high-net-worth individuals who align with our mission of building high-performing, purpose-driven investments.

If you’re interested in getting involved, we offer multiple ways to participate:

  • Invest through our dedicated funds

  • Join deal-by-deal SPVs across real estate, venture, private equity, and private debt

  • Co-invest alongside us in opportunities aligned with your strategic goals

We value relationships over transactions, so whether you’re looking to deploy capital, gain exposure to curated opportunities, or explore alignment, we’d love to connect.

Visit our Contact Page or reach out directly to one of our GPs to start the conversation.

Our private debt team

We combine credit discipline with operational understanding. Our team brings decades of experience in structured finance, real estate, equipment lending, and private markets.

Zach
Terpstra

General Partner

General Partner leading private debt investments. CFA charterholder with deep expertise in credit, underwriting, and disciplined capital allocation.

Clarence
Rivette

General Partner

30+ yr global exec. President of WRG. Led M&A, JVs, and growth in 42+ countries. Serves on corp/nonprofit boards. Partner in 30+ ventures across industries.

Danny
Beckett Jr.

Managing Partner

20+ yr operator, Ex-motocross pro, VC. 7 startups (4 VC), 3 exits. Helped drive ventures to $500M+ in revenue and raised over $100M+ in capital.

Join The Team→

New Hire

We’re always looking for talented individuals to join our team. Bring your expertise, energy, and vision to help us drive meaningful growth.

Our Advisors

Our advisors include industry leaders in credit, finance, and risk management. They provide guidance across underwriting, fund operations, and strategic growth.

Join The Team→

New Advisor

We're always seeking exceptional advisors. Bring your expertise, energy, and vision to help us drive impact, unlock growth, and build enduring, mission-driven companies.

Let’s build something

Beckett Industries is a private alternative asset management firm focused on investing across four asset classes, including real estate, venture/growth equity, private equity, and private debt. We’re founders, operators, advisors, and investors — your first call when you need help, and the earlier we can talk, the more helpful we can be.

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Beckett Industries is a private alternative asset management firm focused on investing across four asset classes, including real estate, venture/growth equity, private equity, and private debt. We’re founders, operators, advisors, and investors — your first call when you need help, and the earlier we can talk, the more helpful we can be.