Certain sectors such as financial institutions, life sciences and real estate are highly specialised and have a considerable number of lenders who operate only in that sector. We have a wide network of trusted partners – some via formal joint ventures, others through a long-standing association – who can work alongside the team in providing the best advice and client service.
An increasing number of lenders have teams that will support businesses through the initial equity funding – generally as a proportion of the equity being raised – even where the business is pre-profit. This is designed to service particularly fast-growing businesses that can scale up from cash burn to high entity value very quickly.
A typical venture debt candidate will have an excellent management team in situ to drive the growth and manage the much bigger entity in two to three years, and equity sponsors who require detailed and comprehensive monthly reporting to closely follow the sales performance against plan and to scrutinise the costs and cash runway.