Financing for companies the banks no longer understand
We rebuild your financing case
When standard bank ratios stop working, your case needs a different reading.
Negative EBITDA, break-even trading, covenant pressure, stretched working capital, a looming refinancing or a bank group that has reached its limit.
Learn more
In practice
We go through your accounts, cash forecast, existing debt and covenants to find exactly where things are stuck.
Outcome
A clear view of the real need (amount, tenor, timing) and of what a funder needs to see before saying yes.
Receivables, inventory, equipment, property, contracts, recurring revenue or a credible turnaround story.
Learn more
In practice
We map the company’s assets and cash flows and estimate how much each could raise, allowing for any security already granted.
Outcome
A map of the options, from an inventory-backed facility to a sale and leaseback of your property.
Private debt funds, asset-based lenders, leasing companies, factors, surety providers and insurers, family offices and cross-border lenders: funders who look at risk beyond standard bank ratios.
Learn more
In practice
For each option, we approach a short list of suitable funders under NDA and run the discussions through to firm offers.
Outcome
Like-for-like proposals and a clear recommendation, so you can decide.
How we can help
Depending on your situation, we combine several sources of finance, so you are never dependent on a single lender.
We work especially with capital-intensive businesses, in industry (foundry, steel, metalworking, food processing, aerospace, automotive) as well as in retail and fashion, across Europe and in their subsidiaries beyond: equipment, inventory, receivables, stores and property can all be used to raise finance.
Bonds and guarantees
Arrange performance, advance payment and customs bonds, as well as payment guarantees, when your bank bonding lines are no longer enough.
Inventory financing
Put the value of your stock to work to fund growth, absorb a working capital peak or ride out seasonal swings.
Factoring and receivables
Turn your customer invoices into cash, including on export sales.
Sale & leaseback
Free up capital tied up in equipment or property while you carry on using it.
Private debt
Reach funds that can finance situations the banks will no longer take on.
Refinancing
Renegotiate or replace existing facilities when your banks have reached their limit.
Asset-based finance
Raise finance against your machinery, contracts or recurring revenue.
Bridge financing
Cover a one-off need (an acquisition, an investment, a delay in customer payments) until long-term financing is in place or a known payment comes in.
Continuation plan
Fund the delivery of a court-approved safeguard or reorganisation plan from the company's assets and cash flows, once the existing banks have stepped back.
Customers asking for bonds, but your bank lines are full?
Performance, advance payment and customs bonds, payment guarantees: we bring in surety companies and insurers that can issue alongside your banks, without eating into your credit lines.
Your plan has been approved, but the banks have stepped back?
Under a safeguard or reorganisation plan, we work with you to raise cash from the company’s assets and cash flows, using specialist funders alongside your existing banks.
Track record and a typical case
Shared in line with our confidentiality commitments.
Automotive supplier
Refinancing under pressure
Situation: Revenue of around €120m. Falling orders and late customer payments had put cash under strain, and the banks would not refinance in time.
What we did: We selected three turnaround investors and renegotiated the existing debt to cut financing costs.
Outcome: More than €15m raised in under 4 months. The business kept trading.
Industrial group
Turnaround
Situation: Revenue of around €250m. Excessive bank debt was holding back the recovery.
What we did: Refinanced the group through private debt from specialist lenders.
Outcome: More than €10m refinanced in about 3 months. The group regained breathing room.
Investment fund
Add-on acquisition
Situation: The fund wanted to buy a business that complemented one of its industrial portfolio companies, but the banks could not move fast enough.
What we did: A bridge loan combined with asset-based financing.
Outcome: More than €10m in under 4 months, with no dilution for the shareholder.
Retail chain
Typical situation
Situation: strong seasonality, inventory to build ahead of peak season, bank lines already fully drawn.
Our approach: inventory-backed financing, with a sale & leaseback of premises or equipment where needed.
Objective: get through the working capital peak without diluting the shareholder.
Subsidiary of a European group
Typical situation
Situation: a group's German or Italian subsidiary is growing, but local banks will not follow it and the parent company does not want to guarantee more.
Our approach: local financing backed by the subsidiary's inventory and receivables, coordinated with the group's financing.
Goal: finance the subsidiary where it is, without weighing on the group balance sheet.
Company in an observation period
Typical situation
Situation: receivership opened, historical banks pulling back, cash needed to keep operations running until the plan.
Our approach: factoring and inventory finance introduced to the company, in liaison with the court-appointed administrator, then refinancing once the plan is approved.
Goal: get through the observation period and prepare the exit from the plan.
Amounts and timeframes rounded down, with no detail that could identify the companies concerned.
Disciplined execution
Information control
• NDAs signed before any information is shared
• Recipients identified, approved and tracked
• A formal log of every document shared
• No broad circulation. No funder approached before the mandate is signed
Mandate governance
• Scope agreed in writing
• Target lenders agreed upfront
• A staged approach to the market
• A single point of contact for lenders
Execution control
• Direct senior oversight
• Targeted approaches to lenders
• Step-by-step negotiation
• Clear decision checkpoints
Has your financing need outgrown standard bank criteria?
A first confidential conversation, with no obligation, to see what can still be financed.