This area covers raising finance and seeing the financed project through: bank and project lending, investor processes, and the diligence and documentation that accompany both.
Work begins with what the business can realistically service rather than with what it would like to raise. Where the honest answer is that the timing is wrong, that is said before an application is made rather than after it is refused.
Preparation of the project report and financial projections a lender requires, assembly of the documentation set, and conduct of the application through sanction and disbursement.
Advisory on raising equity or debt from investors, on the diligence such a process involves, and on the transaction documents that conclude it.
Following a financed project through execution where a client wants one party accountable for the finance, the compliance and the delivery rather than three.
Before an application is made, what the business can actually service and what a lender or investor is likely to require are established. Occasionally the honest answer is that the timing is wrong.
1–3 weeksProject report, projections and the supporting document set are prepared. The checklist is given to you in full at the start rather than in instalments.
2–4 weeksThe application or investor process is conducted, queries answered and diligence supported through to sanction or term sheet.
4–12 weeksSecurity and transaction documents are executed, disbursement or closing takes place, and any post-completion filings are made.
On closingThat the documentation set is given to the client in full at the outset. A financing process stalls most often because papers arrive in instalments, and that is avoidable.
No, and any adviser who does should be treated with caution. Sanction is the decision of the lender. What we can do is establish beforehand what the business can realistically service, prepare the application properly, and tell you early where we think it is weak.
Not where independence requirements prohibit it. Where a client needs both, we will say which role we can take and arrange the other through the associate network.
Yes, though it is most useful where we have also handled the financing, because the reporting and drawdown obligations are then already understood.
Enquiry
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