Refinancing

We stand side-by-side with CFOs to provide clarity and certainty to businesses looking to refinance.

Businesses may refinance for a number of reasons, from a distressed situation where lenders look to refinance existing debt, to more stable businesses where a new investor may be looking for debt-funding for a newly acquired business to fund future growth plans.

No matter the situation, we work closely with the CFO to ensure a smooth refinancing process.

It is important to provide lenders with a credible set of numbers and a forecast which they are comfortable to take to Credit Committee. There will typically be focus on liquidity and covenant compliance.

Our expert team of senior professionals work closely with finance functions and debt advisers to create three statement integrated financial models that can run both a management and a banking case. These models will form the basis of the covenant regime. For this reason we ensure that they can be easily updated for actuals and maintained by management.

In addition, we design and build STCFs where liquidity needs to be demonstrated. We then embed the STCF process giving the lender confidence that the business has sufficient cash headroom and that management are monitoring cash on an appropriate basis.

By providing quality information at pace, we give greater clarity and confidence to lenders and increase certainty of a successful refinancing.