Hero Fund
Managed by Meriwether Group Capital, the Hero Fund fills an underserved niche for small- to mid-sized businesses by providing access to growth capital while offering meaningful returns to our investors.
Founders, entrepreneurs and business leaders are our heroes
At a time when more and more businesses fall outside of the criteria for traditional lenders, our Hero Fund gives borrowers access to capital that enables them to grow. Investment in the Hero Fund contributes to the local economy by helping businesses scale, expand, and create jobs in our communities. We are a private commercial lender, owned and operated by Jamie Shulman, together with general partners Meriwether Group and First Northwest Bancorp (parent of First Fed bank).
By the numbers
$24MM
Total value of transactions
20
Companies funded
$1.2MM
Average loan size
15 mo
Average loan duration
By the numbers
$24MM
Total value of transactions
$1.2MM
Average loan size
20
Companies funded
15 mo
Average loan duration
Our criteria
The Hero Fund invests in lower middle market businesses, primarily in, but not limited to the Pacific Northwest, typically with annual revenues ranging from $2 million and $75 million, EBITDA of at least $250,000, and borrowing needs of $500,000 to $5 million.
Industries served
Business services
Consumer products
Distribution
Food & beverage
Manufacturing
Transportation & logistics
Wholesale
Fueling your growth
Our customized debt solutions allow small- to mid-sized companies to capitalize on opportunities while maintaining equity and control.
Supporting local business
Your investment in the Hero Fund contributes to the local economy by helping lower middle market businesses scale, expand and create jobs in our communities.