Corporate Finance Solutions
What We Offer Corporates
Term Loans and Revolvers
We arrange syndicated term loans and revolving credit facilities for corporates with demonstrated trading history and audited financials. Facilities are structured to align with your capital investment cycle, asset base, and cash generation profile, with tenors from 12 months to 10 years.
Acquisition Finance
For corporates seeking to grow through acquisition, we structure leveraged and non-leveraged acquisition facilities that enable swift execution. We work with your legal and financial advisers to ensure the facility is in place before the acquisition closes, minimising execution risk.
Equity and Hybrid Capital
Corporates seeking to strengthen their balance sheet or fund long-term growth without adding excessive leverage can access our equity placement and mezzanine structuring capabilities. We identify institutional investors with appetite for corporate equity or subordinated debt and manage the placement process from start to finish.
Financial Assessment
We begin by reviewing your latest audited financials, management accounts, and business plan. This allows us to assess your current credit profile, identify the appropriate quantum and structure of facility, and prepare a financing plan that we can take to our lender and investor network.
Mandate and Facility Design
Once you have accepted our proposal, we formalise the mandate and move to detailed facility design. We prepare an information memorandum that accurately represents your business, financial performance, and growth plans, and we design a facility structure that meets your needs while being attractive to our lender network.
Lender Engagement and Close
We approach our network of institutional lenders with your information memorandum and manage the entire due diligence and credit approval process. We negotiate the term sheet on your behalf, coordinate the facility documentation, and manage the close process to ensure funds are available when you need them.
FAQ
Common Questions
What financial information does Polinvest require from a corporate borrower?
We typically require three years of audited financial statements, the most recent management accounts, a current business plan or financial projections for the facility period, a list of key customers and contracts, and details of any existing debt facilities. Additional information may be required depending on the complexity of the transaction.
Can a holding company be the borrower under a syndicated facility?
Yes. We regularly arrange facilities where the borrower is a holding company, with operating subsidiaries providing guarantees and/or security. The appropriate borrower structure depends on the legal and tax profile of the group and the preferences of the lenders, and we advise on this as part of the structuring process.
What covenants are typically imposed on corporate borrowers?
Standard financial covenants include interest coverage ratios, leverage ratios, and minimum liquidity thresholds. Non-financial covenants typically cover change of control, dividend restrictions, asset disposal restrictions, and maintenance of key contracts. We negotiate covenant packages that are appropriate to your business profile and not unduly restrictive.
How quickly can Polinvest complete a corporate facility?
For straightforward facilities with a clean credit profile and complete documentation, we can complete the process from mandate to drawdown in eight to twelve weeks. More complex transactions involving multiple jurisdictions, novel security structures, or larger syndicates may take longer.
Corporate Finance in Depth
Understanding Your Balance Sheet Needs
Corporate borrowers often underestimate the importance of the information they provide to potential lenders. A complete, well-presented financial package, with consistent accounting, clear explanations of any historical variances, and credible forward projections, can make the difference between receiving a facility offer at competitive pricing and struggling to attract lender interest at all. We work with corporate clients to prepare their information package to the standard that institutional lenders expect, drawing on our experience of what questions lenders ask and what answers they find credible.
Covenant negotiation is one of the areas where professional advice adds the most value for corporate borrowers. Lenders propose covenants that provide them with maximum protection and early warning of deteriorating credit quality. Borrowers need covenants that provide appropriate protection to lenders while not unduly restricting their operational flexibility. The right answer is somewhere in between, and the specific terms depend heavily on the industry, the cash flow cycle of the business, and the nature of the risk being protected against. Our team has negotiated hundreds of covenant packages and understands how to achieve an outcome that works for both parties.
Interest rate and currency risk management is increasingly relevant for corporate borrowers in emerging markets. Facilities denominated in hard currencies create foreign exchange risk for borrowers whose revenues are in local currency. Variable rate facilities create interest rate risk. Where appropriate, we advise our corporate clients on hedging strategies and, in selected cases, facilitate access to hedging instruments alongside the core financing facility. This holistic approach to liability management is a differentiator that purely transactional advisers are not positioned to provide.
Working With Corporates
Building a Successful Lender Relationship
The relationship between a corporate borrower and its lenders is one of the most important financial relationships a business maintains. We help our corporate clients establish and maintain this relationship on terms that are fair, transparent, and mutually beneficial. This means preparing documentation that accurately represents the business, maintaining the reporting required under the facility agreement without needing to be chased, and communicating proactively with lenders when circumstances change, rather than waiting for a covenant breach to force the conversation.
Refinancing is a dimension of corporate finance that many businesses manage reactively rather than proactively. A facility that was appropriate at inception may not be the best structure for the business three years later, the company may have grown, its risk profile may have improved, or market conditions may have shifted in ways that would allow refinancing at better terms. We monitor the refinancing opportunities for our corporate clients throughout the life of every facility we arrange, and we will proactively recommend a refinancing when we believe the timing and market conditions justify it.
ESG considerations are increasingly relevant for corporate borrowers seeking institutional finance. International lenders, particularly development finance institutions and ESG-focused credit funds, apply social and environmental performance standards to their lending decisions. Corporate borrowers whose operations meet these standards have access to a broader, more competitive lender universe. Those who do not may find themselves restricted to less competitive sources of finance. We work with corporate clients to understand the ESG requirements of our lending network and to identify any gaps between current practices and those standards.
Polinvest Capital
Submit Your Project Today
New, existing, and stalled projects are all considered. Our team reviews every submission and responds within five business days.
All projects considered
New, existing, or stalled, we evaluate every submission on merit.
5-day response commitment
Our origination desk responds to every submission within five business days.
$500M– $3.5B available
Active capital across syndicated, project finance, equity, and infrastructure facilities.