Project Finance Gap Funding Services | CLOSE

Project Finance Gap Funding Services | CLOSE

Project Finance Gap Funding Services

Close defined shortfalls at financial close and during construction. Submit one file through CLOSE to receive a lender-grade memo, a term sheet comparison from qualified counterparties, and a dated plan to funding.

The Problem

Projects stall when equity is below target, when DSRA and contingency are unfunded, or when EPC and OEM deposits are due ahead of senior draw. Permits, intercreditor terms, and EHS reviews add timing risk. A narrow gap can jeopardize NTP and raise the all in cost of capital.

The Impact If Unaddressed

Delayed notice to proceed, price escalations, missed delivery dates, and lender fatigue. Covenant headroom compresses and sponsors face renegotiation on inferior terms. Critical path items slip and contingency buffers erode.

The Solution Through CLOSE

CLOSE arranges capital that fits the cash needs of the construction calendar. Instruments include preferred equity to complete sponsor commitments, mezzanine behind senior debt with clear intercreditor terms, bridge facilities tied to milestone receipts or refinancing, and reserve funding for DSRA and contingency. Intake and document classification are AI assisted with human credit sign off. Execution runs through regulated counterparties. Where required, transactions are conducted under a broker dealer chaperone.

Revenue And Contracts

PPA, offtake, or availability payments with creditworthy counterparties. Tenor, indexation, curtailment, and termination provisions mapped to cash flows.

EPC And Technology

Fixed price EPC where possible, performance guarantees, LDs, and proven OEM track record. Independent engineer validates outputs and uptime.

Security And Controls

Share pledges, asset charges, accounts control, DSRA, construction oversight, and step in rights aligned to intercreditor terms.

Capital Options To Close The Gap

Instrument Use Case Tenor Security And Enhancements Typical Sizing
Preferred Equity Sponsor equity shortfall at financial close 3 to 5 years Distribution waterfall, control protections, consent rights 10 to 30 percent of project capital
Mezzanine Debt DSRA and contingency funding or late stage capex 3 to 6 years Intercreditor agreement, junior security, covenants, cure rights 5 to 20 percent of total cost
Construction Bridge EPC and OEM deposits ahead of senior draw, milestone slippage 6 to 18 months Assignment of milestone payments, controlled accounts, step in rights Event linked sizing with takeout identified
Reserve Funding DSRA, MRA, and O&M ramp up reserves Aligned to senior tenor Cash trap mechanics, waterfall priority, verification rights As per base case coverage policies

Terms are indicative and depend on jurisdiction, counterparties, permits, collateral, and market conditions.

Risk And Bankability Signals

Risk Theme Relevance Lender Takeaway
Permits And Land Rights of way, grid, water, and EHS approvals on critical path Permit pack with conditions and validity dates supports close
Revenue Quality Buyer credit, take-or-pay, curtailment, and indexation Contracted volumes and floors improve coverage metrics
Construction Risk Schedule and cost certainty under EPC and OEM supply LDs, performance guarantees, and tested technology are credit positive
Intercreditor Alignment Rights of senior, mezzanine, and equity through the waterfall Clear cure periods and step in mechanics enable additional capital

Coverage Metrics And Sizing

Metric Definition Typical Threshold
DSCR Net operating cash to scheduled debt service Base case 1.30x or higher subject to sector
LLCR NPV of project cash flows to outstanding debt At or above 1.30x with sensitivity checks
Debt To Capital Senior debt as a share of total capitalization 50 to 70 percent depending on offtake quality
Construction Contingency Percent of EPC and owner costs held in reserve 5 to 10 percent with draw conditions set

Execution Workflow

1. Screening And Fit

Summary, permits status, EPC and OEM scope, revenue contracts, model, and sponsor profile. Binary read in three business days from a complete file.

2. Indicative Terms

Structure, tenor, pricing, covenants, security, and conditions precedent with a dated timetable to financial close.

3. Diligence And Approvals

KYC and AML, technical and legal diligence, environmental and social reviews, insurance, and intercreditor alignment. Approvals tracked in the portal.

4. Documentation

Facility agreements, security package, accounts and controls, and reporting schedules. E signature and checklist completion.

5. Funding Mechanics

Conditions precedent met. Funds flow per counterparty procedures with milestone based drawdowns and evidence of insurances.

6. Monitoring

Construction progress reports, covenant tests, DSRA status, and quarterly reviews inside CLOSE.

Submit Your Project File On CLOSE

Provide sponsor details, permits and land status, EPC and OEM scope, revenue contracts, model, and timetable. Receive indicative terms and a dated plan to financial close.

Submit Your Deal on CLOSE

Financely Group provides advisory and arrangement services for professional counterparties through regulated partners. We are not a lender and we do not receive, hold, or transmit client funds. Participation is limited to accredited or professional counterparties where applicable. Transactions are executed through regulated institutions and, where required, under a broker dealer chaperone. All mandates are best efforts and subject to KYC, AML, sanctions, verification of materials, third party approvals, and market conditions. Minimum preferred transaction size is USD 10 million.

Get Started With Us

Submit Your Deal & Receive a Proposal Within 1-3 Working Days

Submit your deal using our secure intake form, and receive a quote within 1-3 business days. Existing clients can connect with their relationship manager through our secure web portal.


All submissions are promptly reviewed, and all communications are conducted through the intake form or the client portal for a seamless and secure process.

Express Application Submit Your Deal
Request a Proposal
Request a Proposal / Submit a Deal

Thank you for considering working with us. A nominal fee of US$500 is required upon completion of each form. This fee covers the time and effort we invest in reviewing your submission and crafting a thorough proposal. We receive numerous inquiries and prioritize those that carry this fee, ensuring serious applicants receive prompt attention.

Trade Finance

Tap into solutions like letters of credit, bank guarantees, and payment facilitation. We address the challenge of global transaction risk through structured strategies that foster cross-border growth. Complete the form to unlock streamlined funding aligned with your commercial objectives.

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Project Finance

Access non-recourse funding for infrastructure, renewable energy, or other capital-intensive ventures. We mitigate capital constraints by isolating project assets and focusing on risk management. Provide your details to receive a structure that drives growth and maximizes returns.

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Acquisitions

Secure financing for business or real estate acquisitions. We ease transaction hurdles by reviewing cash flow, synergy opportunities, and exit plans. Complete the form for a customized proposal that supports your strategic investment objectives.

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For Banks

Financely assists banks facing Basel III pressures by distributing trade finance deals and providing collateral for letters of credit. We reduce capital burdens while preserving client relationships and fostering service expansion. Submit your request to optimize your trade finance offerings.

Submit a Request

Once we receive your submission, our team will review your information to determine feasibility. If eligible, you will receive a proposal or term sheet within 1–3 business days. Visit our FAQ and Procedure pages for more information.

Disclaimer: Financely provides financing based on due diligence and feasibility. Approval is not guaranteed, and past performance does not predict future outcomes. All terms are subject to review. Financely primarily assists with structuring and distribution. Qualified parties carry out the project if the client approves the proposal.

Still Have Questions? Schedule a Consultation

If you still have questions after visiting our FAQ and Procedure pages, we invite you to book a paid consultation for personalized guidance. A $250 USD fee applies per session.