How Grant Thornton can helpGrant Thornton is experienced in helping management teams, corporates and private shareholders raise finance.

Our teams will help guide you throughout the whole process, from identifying the most appropriate forms of finance, through to the final negotiations. We will:• consideryourrequirementsagainstourknowledgeofthemarket• testthestrategyandbusinessplan,includingananalysisofthefundingrequirement• assistwiththepresentationoftheopportunitytopotentialfunders• helpwiththepreparationandpresentationofthefinancialmodelforsubmissionto

fundersincludingcarryingoutrobustsensitivityanalysisonthebankingcovenants• leverageourrelationshipswithfunderstogaugeappetiteandterms• benchmarktermsandpricing

Contact usIf you would like to discuss your funding options or require any advice please contact us.

David AscottCorporate finance partnerT +44(0)20 7728 2315E david.p.ascott@uk.gt.com

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Top ten tips

Accessing capital for growth

The new funding landscape calls for a new approach

Don’t just rely on traditional funding sources – they may have dried up!

Define your funding requirement carefully – quantum, duration and nature (ie what exactly is being funded – capex, working capital, investment expenditure)

Consider the optimum match to meet this requirement

Develop a robust business plan to support your funding requirement

Market the plan to your existing funders – build on existing relationships but explore alternatives

Sell the plan to new sources as a debt raising project

Prepare for due diligence – anticipate and tackle weak areas in the proposition

Contingency planning is key – we all need a Plan B!

Negotiate the new landscape to secure best terms

Cos

t of c

apita

l %

NON BANK DEBT PROVIDERS - A SELECTION OF NEW PLAYERS

Risk

Asset Based Lending• Centric• P&C

Leasing• Lombard• ING Lease

Overdraft/ working capital

• Nationwide• Coop

Leveraged loans

• Beechbrook• GE

Unitranche

• Ares• Investec

Mezzanine

• Hayfin• ICG

Minority equity

• BGF• Santander Growth Capital

Alternative sources of

finance

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For those looking to raise finance, whether it be to enable growth, to release value, to refinance or for any other reason, it is often advisable to explore alternative sources of funding beyond simply traditional bank debt.

With many non-bank debt providers in the market, the cost of capital and level of risk associated with alternative sources of finance is an important consideration when deciding what is best for your business. This is explored in the diagram above.