Acquisition funding, growth capital, refinancing under pressure — run as a process, with competing term sheets, covenants negotiated, and the whole position presented to your board as one memo.
Advisory fees, disclosed up front. Our economics follow your outcome.
| Term | Opening offer | Negotiated |
|---|---|---|
| Margin | 3.10% | 2.45% run process |
| Amortisation | 15 years | 25 yrs + 2 IO |
| Financial covenants | Three | One ICR only |
| Security | GSA + personal guarantees | GSA only |
| Review | Annual reprice | Fixed 3 yrs |
Same borrower, same facility — the difference a competitive process makes. Illustrative; outcomes depend on credit assessment.
Most businesses hold the facilities their bank offered, on the covenants their bank drafted, at the price their bank reviews annually — in the bank's favour. Without competitive tension, every term defaults to the lender. And no bank will run a process against itself.
Illustrative margin movement we see when the same facility is put under genuine competition.
Common difference in covenant headroom between an opening term sheet and a negotiated one — room your business breathes with.
The number of banks that will voluntarily run a competitive process against themselves.
Your requirement goes to the market as one disciplined pack — majors' corporate desks, non-banks, credit funds and private capital — returning competing term sheets you can actually compare.
Covenants, amortisation profile, security scope, guarantee exposure, review mechanics — negotiated line by line, signed off with your accountant, never around them.
Engagement under our Mandate for Finance: scoped work fee, success fee on outcome, everything disclosed before we start. We're paid to move your position, not to place a product.
Facilities, financials, security and objectives assembled once, in lender-grade form. One document request, coordinated with your accountant.
Shortlist approached in parallel; term sheets returned, compared and negotiated. Tension does the work your incumbent never faced.
Board memo with our recommendation. Then credit, documentation and drawdown — managed to the day, reported at each milestone.
Relationships across the stack — senior bank debt to private credit, including our own book where speed or structure demands it.
Every structure recommendation comes to you for sign-off before lodgement. One document request, in your format. All referral arrangements disclosed — or none at all, if that suits your practice.
Tell us what you're carrying and what you're trying to do. The first conversation is free, confidential, and usually tells you what your incumbent should have.