Raising funds to fuel your ambitions?
Every growing business needs money! But why? What for? Where from?
If the high street bank’s computer says ‘yes’ then you may not need our assistance. But what if that computer says no? There are a myriad of funding options to look at, across both the debt and equity markets, but they can be difficult markets to navigate if you don’t know what you are looking for. Finding the wrong funding can have far reaching consequences.
We can help you define the reasons behind your quest for cash, and refine your business plan accordingly. We can then explore all relevant avenues to seek the kind of funding that will help leverage your business, and exploit opportunities to create longer-term value.
Review of funding requirements.
We will invest time discussing your business and your rationale for fund raising and really getting to grips with your strategic goals and vision. In addition, we will work with you to develop an action plan that will set us all on the right track.
Advise on funding plan and forecasts.
We know that any reasonable funder will want to see a written plan that covers the key aspects of the business, an outline of future plans and your funding requirements. We can advise you on how to prepare such a plan and how best to present it to funders.
Approach potential funders.
Pitch time. Our collective goal is to help funders fully understand and be comfortable with your business and its future requirements. We will take the stand with you as we present to funders and, together, guide them through the proposition. The goal at the end of this stage is to elicit outline terms for your funding proposal.
Negotiate and finalise heads of terms.
By discussing the pros and cons of each offer with you, we will whittle our way down to a short list. It’s important to bear in mind that those on the short list may not be the cheapest, but may be the right ones to meet your needs. We will help you select the preferred funder from the list and ensure the key terms and conditions proposed are encapsulated in the process documentation that will follow.
Project manage due diligence.
Depending on the level of funding and its source, the due diligence phase may be just a couple of weeks, or it might stretch to a few months. You will need to be prepared for any event. We will be there throughout to guide and advise you and to project manage all parties towards a completion.
Final negotiations and completion.
There is always plenty of paperwork to be reviewed at this point and you will need the skilled eyes of Castle and your chosen legal advisers to take you through the documentation as, once it’s signed, it’s signed!