Insights
What we see when we lend, arrange and refinance — funding files, structures, diligence, valuation and risk, written from live transactions.
Most funding requests do not fail on merit. They stall because the file cannot be credit-assessed as submitted. What a credit committee needs to see, and in what order, to move a request from inbox to term sheet.
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Every note is tagged by the topic it comes from — search or browse to find what's relevant to your funding.
Writing, arranging and syndicating senior, mezzanine and bridge facilities.
1 articleTesting sponsor assumptions against evidence before money moves.
1 articleFinancial, commercial and operational review behind every credit decision.
1 articleMethod, comparables and normalisation behind a defensible number.
1 articleRefinancing and rescheduling while the conversation is still commercial.
1 articleRegisters and controls a board will actually use, not a compliance artefact.
1 articleMore notes are added as they come out of live lending work — six topics covered so far, more on the way.
Latest insights
Ramp-up, ADR benchmarking, operating cost inflation, FF&E reserve and exit yield — where sponsor models and lender models most often part company.
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Related-party revenue, working capital timing and customer concentration rarely fail an audit but routinely change a credit decision.
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Method, comparable set, normalisation and the control premium — where the gap between two credible valuations actually comes from.
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The window where a rescheduling conversation is still a commercial negotiation rather than a workout, and what a lender needs to see while it's open.
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Most registers are compliance artefacts. A useful one names an owner, a trigger and a decision, and gets reviewed on the same date every month.
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What we do
Facilities we write ourselves, secured and unsecured.
Debt, equity and hybrid capital written, syndicated and refinanced through our capital partners.
Non-recourse and limited-recourse funding for large-scale developments.
Independent valuation for transactions, disputes and shareholder matters.
Financial, commercial and operational review before money moves.
Refinancing and rescheduling while the conversation is still commercial.
Buy-side and sell-side execution, with the acquisition finance written behind it.
Strategy and operating-model work that makes a business fundable.
Sectors we lend to
Each connects to the full sector page, with what it changes about how we lend.
Why these insights matter
These notes are not general commentary. They come from files we have lent on, arranged or refinanced, and focus on what a borrower actually needs to know before the money moves.
Frequently asked
Lending, refinancing, structured and project finance, due diligence, valuation, feasibility and risk, written from live work on the credit desk rather than general commentary.
Yes. We take the credit decision and write facilities directly, and refinance them through our capital partners, syndicating where a transaction calls for more capital.
No. We write both secured and unsecured facilities. Where there is no hard collateral, the structure is built around cash flow, contracts and recurring revenue.
Due diligence tests the numbers and assumptions a facility is priced on, so risks are found and addressed before money moves, not after.
Project finance is non-recourse or limited-recourse funding secured against a specific project's cash flows and assets rather than a sponsor's general balance sheet, commonly used for infrastructure, energy and large-scale developments.
Before it has to. While covenants are still met, refinancing is a commercial negotiation. Once they are breached, it becomes a workout and the options narrow.
New notes are added as they come out of live lending work rather than on a fixed schedule.
Business owners, investors, finance directors and project sponsors who need practical, evidence-based views before they borrow, refinance or transact.
Tell us the amount, the purpose and your timeline. Our lending team will come back within one business day.
