MY PROJECTS / CAPITAL SEARCHILLUSTRATIVE PREVIEW
CAPITAL SEARCHFrom a confirmed brief to the right capital conversation.
ILLUSTRATIVE CAPITAL SEARCH
Less time assembling research. More time moving forward.
We help you bring the funding brief, relevant capital partners and next actions into one place. You can see where your project stands and keep your team working from the same information.
EXAMPLE PROJECT · NORDIC LOGISTICSStabilised, income-producing asset · senior investment debt€40m facility sought to refinance existing debt, fund works and cover costs. Fictional example for this preview.
Illustrative asset value€80m
Facility sought€40m
Target LTV50%
Annual gross rent€5.6m
01 / BRIEFConfirm the numbers
Funding uses, valuation, income, leverage and security sit alongside the property and sponsor brief.
02 / FITReview lenders
We explain why each firm may fit, with relevant criteria and recent activity to support your decision.
03 / ACTIONMove the process
Keep conversations, questions and next actions together so your team can move forward with clarity.
Your project, your prioritiesWe bring your brief, shortlist and next actions together, so you and your team can spend less time organising information and more time on the right conversations.
ILLUSTRATIVE FUNDING BRIEF
Start with a clear funding brief.
We help turn your project details into a focused Search. You confirm the funding need and priorities, giving us a clear brief for finding relevant capital partners.
EXAMPLE PROJECT · ALL VALUES FICTIONALNordic logistics · stabilised investmentOwner-led refinance and capital works for an income-producing asset.
Funding requirement€40m senior investment debt; €30m existing debt refinance, €7m capital works and €3m costs / reserves
Value and leverageIllustrative asset value €80m · target facility LTV 50% · valuation date and basis to be confirmed
Income and leasesIllustrative annual gross rent €5.6m · 100% let · WAULT 9 years · income basis to be checked
Security and termProperty-level security expected · target 5-year term · covenant and intercreditor position open
Property and sponsorLogistics asset in the Nordics · borrower/SPV and sponsor authority to be verified
A Search built around your needsWe work from the brief you confirm, so the research reflects your funding need, preferred structure and timing. You have a clear starting point for every conversation.
CAPITAL PARTNERS
Focus on capital partners that fit.
We review potential lenders against your funding need, location, property and structure. In this example, the Search focuses on €40m of senior debt for Nordic logistics at 50% target LTV.
REVIEW FIELDHOW IT HELPS YOUR SEARCH
Product and ticketCan this lender provide senior investment debt at the required facility size and currency?
Geography and assetAre Nordic logistics and the asset’s income / risk profile within the current mandate?
Leverage and termDoes the lender’s stated LTV and term range cover the requested 50% and five years?
Evidence and recencyWhich published criteria and recent transactions help explain this firm’s relevance to your project?
A considered shortlist. A stronger starting point.We research and review relevant capital providers for your requirement, with clear reasons for each inclusion. You can focus your time on the firms you want to approach.
ILLUSTRATIVE CONVERSATIONS
Keep the financial brief in every conversation.
Keep your team up to date with each conversation, response and next action. You can compare the discussion with your funding brief without piecing together separate notes and emails.
EXAMPLE REQUIREMENT · FICTIONAL€40m senior debt · €80m asset value · 50% target LTV€30m refinance + €7m works + €3m costs and reserves · €5.6m annual gross rent · 7.0% illustrative gross yield · WAULT 9 years.
EXAMPLE LENDER A · DISCUSSION RECORD
Indicative response against the brief
Fictional exampleClient facility target€40mConfirmed brief
Illustrative lender range€35–38m€2–5m shortfall
Client LTV target50%On €80m value
Illustrative lender ceiling47.5%Subject to valuation
Client tenor target5 yearsConfirmed brief
Illustrative tenor3–5 yearsTo be confirmed
Illustrative margin325–375 bpsOver reference rate
Illustrative fee1.0%Arrangement fee
Questions for your next conversation Does the facility fund the €7m works and €3m costs / reserves? Confirm rent roll, valuation, draw conditions and security.
Keep things moving Use the comparison to discuss the facility size and request written terms. We help you keep the funding need and next step in view.
01ShortlistedReview the firms we have selected for your requirement.
02ContactedKeep your team aligned on who is speaking with each firm.
03Terms receivedBring written terms together for a clearer comparison.
PROPOSALS
Compare offers against the same numbers.
Bring written terms together and compare each facility with your funding requirement. You can look beyond the headline rate to consider amount, cost, conditions and timing.
TERMWHAT TO COMPARE
Amount and usesCommitted facility, draw schedule, eligible refinance, works and reserve uses
LeverageLTV / LTC definition, valuation basis and any covenant tests
Cost of capitalMargin or return, reference rate, arrangement fee, exit fee and hedging requirements
ExecutionTenor, security, conditions, approvals, diligence and timetable
Compare with confidenceWe help you keep written proposals together, so you can compare the full terms and choose the next step with your advisers.
ILLUSTRATIVE FINANCIALS
See the capital need behind the search.
We help you keep the funding need, uses and leverage together. You can review your assumptions and enter each capital conversation with a clearer picture of the requirement.
Asset value€80m
Existing debt€30m
Capital works€7m
Costs and reserves€3m
UsesRefinance €30m + capital works €7m + costs and reserves €3m = €40m external requirement
Leverage€40m facility / €80m illustrative value = 50% target LTV; valuation basis and lender covenant definitions remain to be checked
Income€5.6m annual gross rent / €80m value = 7.0% illustrative gross yield; net income and actual valuation evidence are not supplied
A clearer view of your funding planWe help you keep the numbers connected to the Search. You can revisit your assumptions and understand how each proposal meets your funding need.