| Parameter |
Details |
| Lending Jurisdictions |
USA; EEA; Middle East; Africa; India; South-East Asia |
| Facility Size |
Min US$ 25 M; custom sizing available |
| Term |
6–72 months |
| Rate & Amortization |
Floating (LIBOR/SOFR); interest-only during term |
Processing Fee (borrower, on signing)
|
US$ 62 500 – covers internal credit committee memos, collateral valuation coordination, trustee & servicer setup, document control workflows and administrative expenses. |
Expense Deposit (borrower, on signing)
|
US$ 50 000–300 000 – covers third-party legal counsel, rating agency reviews, UCC-1 filings, technical & tax due diligence, title & escrow fees and trustee disbursements. |
| Origination Fee |
1 %–4 % of facility – paid by lender at closing. |
| Commitment Fee |
0.25 % p.a. on undrawn – covers capital reservation, syndication coordination and ongoing portfolio administration; payable quarterly by borrower. |
| Broker’s Fee |
0.50 % of face value – payable by Financely to introducers at closing. |
| Use Cases |
Import/export financing; commercial real estate (development & acquisition); leveraged buyouts; equipment & asset finance; mining & energy project finance; debt consolidation. |
| Financial Covenants |
DSCR ≥ 1.25×; total leverage ≤ 65 %; liquidity ≥ US$ 5 M; quarterly compliance certificates. |
| Conditions Precedent |
Corporate approvals; legal opinions; perfected security; evidence of insurance. |
| Security Package |
US SPV issuing notes, independent trustee, third-party loan servicer, quarterly GAAP reporting, UCC-1 filings per Uniform Commercial Code to perfect security interest. |
| Term & Jurisdiction |
SPV’s state of formation (e.g. Delaware); US federal and state courts. |
| Events of Default |
Cross-default; material adverse change; change of control; default interest = floater + 200 bps. |
| Prepayment |
No penalty after first 6 months. |
| Reporting & Insurance |
Quarterly financials; compliance certificates; all-risk coverage; environmental warranty. |
| Assignment & Amendments |
No amendment without lender consent; assignments with notice. |