in Fundraising.
In essence, a term sheet outlines the terms, conditions and covenants of a debt transaction between a company and an investor. Each term sheet contains the full legal name of the issuer and the jurisdiction of incorporation. The term sheet is a valuable tool to gauge whether the level of agreement between two parties is ...
in Fundraising.
In the wake of House of Fraser’s fall into administration this month, its suppliers have been left with a sizable hole to fill following the restructuring of the department store’s debt. This is one example of a recent glut of household-name retailers failing due to changing market conditions, while the collapse of Carillion ...
in Fundraising.
“Non-dilutive financing is the type of capital acquisition that does not require you to give up shares of your business”,
- Scott Shane, Case Western Reserve University
Dilutive financing may be common place and expected in the world of technology start-ups. But for a regional family run business, the idea of having to give up some ...
in Fundraising.
There has never been a better time to raise loan financing from the private debt market. Nevertheless, there are several challenges at each step of the fundraising process. By following a simple process, you can significantly increase your chances of funding success.
In most instances when you first meet with a potential lender, they will ...
in Fundraising.
Recently, one of Altimapa’s funding partners for SMEs interviewed our founder, Pedro Tavares, for a publication.
Here is a transcript of that interview, where Pedro answers some questions about our mission, the unique features of the direct lending market and the process of fundraising for a SME.
in Fundraising.
You have limited experience of capital raising so you need a corporate finance advisor, but then you have little experience of corporate finance advisors, so how do you know if they’re any good? We provide some top tips for aspiring business looking to go beyond their accountant or local business advisor when embarking on ...
in Fundraising.
Engaging successfully with private debt funds can be very different from working with a bank to arrange a lending facility. Here we take you step-by-step through the key stages when raising investment from non-bank funders.
As the saying goes “information is power” and understanding what are your options is a ...
in Fundraising, General.
Finance is a world awash with jargon. For anyone but the experts the torrent of technical terminology can be bewildering. However, hidden behind many of the terms and phrases is usually a simple idea, and often a familiar one at that. In this Altimapa guide we define the most commonly used terms that you may ...
in Fundraising.
The post-crisis bank retrenchment strangled the supply of traditional sources of finance for Europe’s corporate base. In its place, a range of alternative finance providers have flourished. For loans of less than £1mn, new peer-to-peer (P2P) and asset-backed lenders now provide a cheap source of company debt. For loans greater than £200mn, corporate behemoths ...
in Fundraising.
The private debt market is fundamentally changing the way European corporates raise debt finance. According to industry reports, direct private financing of independent, growing mid-sized companies runs at 300-400 transactions annually (Standard & Poors LCD data service). This is just the tip of the iceberg as tracking deals with smaller companies with a turnover below ...
