Our Process
A Transparent, Step-by-Step Approach to Structuring and Securing Capital Solutions.
1
Deal Origination (Client Meeting)
The process begins with the initial meeting with the client, typically a developer or corporate. This stage focuses on understanding the client's business, funding needs, ongoing or upcoming projects, and establishing a working relationship. It sets the foundation for all future interactions.
2
Client Requirement Mapping
In this phase, the client's funding requirements are mapped in detail. This involves estimating the quantum and type of funding required, understanding the project timeline and cash flow needs, and identifying any regulatory or structural constraints that may impact the transaction.
3
Lender(s) Identification
Suitable lenders such as banks, NBFCs, or AIFs are identified based on the client profile, nature of funding, and market appetite. The objective is to shortlist financial institutions that align with the client's requirements and have the capacity and interest to participate in the transaction.
4
Preparation & Sharing of Information Memorandum (IM)
A detailed Information Memorandum is prepared, capturing all essential details about the client, project, financials, and proposed deal structure. This document is shared with the shortlisted lenders to provide a comprehensive overview and invite formal interest.
5
Client & Lender Meeting
Structured meetings are arranged between the client and interested lenders. These discussions help lenders evaluate the promoter’s vision, execution strategy, and overall project credibility. It is a crucial step in building trust and clarifying potential concerns.
6
Cash Flow Preparation
A detailed cash flow model is prepared to assess the financial viability of the project and the client’s ability to service the proposed debt. This model considers construction timelines, revenue generation assumptions, and repayment structures to aid both structuring and evaluation.
7
Term Sheet Closure
Once the lender is comfortable with the proposal, a term sheet is negotiated and signed. This outlines the key terms and conditions of the proposed facility, including loan amount, tenure, interest rates, security structure, and repayment schedule.
8
Due Diligence (Legal, Technical, Financial & Valuation)
Formal due diligence is conducted by the lender through third-party agencies. Legal due diligence ensures title clarity and identifies any encumbrances or litigations. Technical due diligence validates the project’s physical and regulatory status. Financial due diligence examines historical performance and future projections, while an independent valuation assesses the asset’s worth.
9
Sanction of the Facility
Based on the outcomes of due diligence, the lender’s credit committee processes the proposal for sanction. A formal sanction letter is issued, detailing the final terms, conditions precedent, and compliance requirements.
10
Charge Creation & Disbursement
Based on the outcomes of due diligence, the lender’s credit committee processes the proposal for sanction. A formal sanction letter is issued, detailing the final terms, conditions precedent, and compliance requirements.
11
Post-disbursement Compliance
After disbursement, the client is required to comply with ongoing lender requirements, which may include submission of project progress reports, financial updates, escrow account monitoring, and adherence to financial covenants. This ensures transparency and smooth monitoring of the facility by the lender.
