Term & project debt₹5–100 Cr
Greenfield and brownfield facilities sized against contracted or forecast cash flow, with an amortisation profile set to the asset rather than a product template.
Typically 5–10 years, DSCR-covenanted, with a DSRA where cover is tight
Construction financeMilestone-linked
Staged facilities drawn against certified progress, with escrow mechanics on receipts and a take-out route agreed at sanction rather than discovered later.
Typically 18–36 months, engineer-certified draws
Lease rental discountingOperating assets
Debt against contracted rental or tariff receivables, priced on tenant or off-taker quality rather than defaulting to promoter net worth.
Typically 9–15 years, escrowed receipts
Acquisition & refinanceEvent-driven
Asset purchases, promoter buy-ins, partner exits, and the replacement of expensive incumbent debt — compared on total cost of debt across the tenor, not on headline rate.
Typically 75–150 bps of saving on a properly run process
Private credit placementFunds & AIFs
Where a bank cannot reach the structure, we place subordinated and structured paper with credit funds, NBFCs and family offices on negotiated terms.
Senior-stretch and mezzanine, 3–6 years
How a mandate runs
- Screen
Within a week: whether this funds, at roughly what pricing and cover, and what would have to change if it does not.
- Structure
Facility size, tenor, amortisation, security package, covenants and reserve accounts.
- Credit case
Financial model, sensitivities to a defensible downside, and an information memorandum written for a credit officer.
- Lender process
Five to eight lenders with genuine appetite for the structure, approached together against a common deadline.
- Negotiate
Term sheets compared on total cost, then conditions precedent, security creation and documentation.
- Close
Through disbursement, and available afterwards for drawdowns, covenant testing and the refinance.
Tell us the asset, the amount and the timeline.
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