We provide lender-ready capital raise packaging and debt or equity placement support for business owners and buyers looking to secure serious term sheets and close funding on a defined timeline.
For business owners and acquirers pursuing private debt or equity, submit your deal for review. We revert within one working day with next steps and either a quote for our services.
For pre-submission discussions, we offer paid consultations. To initiate underwriting and lender outreach, submit the deal.
“Bankable” is not branding language. It means lenders can underwrite the project with confidence that cash flow can service debt under stress. In utility-scale solar, that depends on documented risk allocation across the EPC contract, the offtake agreement, permits, interconnection, insurance, O&M, and sponsor support package. If those pieces are loose, debt sizing drops, pricing widens, and timeline slips.
Sponsors win financing speed when the capital stack is designed around milestone risk. Development risk should not be financed like operating risk. Construction risk should not be priced like contracted operating cash flow. Keep each risk bucket in the right capital layer.
| Capital Layer | Typical Use | What lenders/investors test |
|---|---|---|
| Development equity | Land, permits, studies, interconnection deposits, early legal and technical work | Sponsor capacity to carry pre-NTP risk and keep timelines credible |
| Construction debt | EPC payments, major equipment, construction contingencies | EPC wrap, completion security, draw controls, DSRA and covenant package |
| Tax-related capital | Tax equity or transfer-linked monetization structure where relevant | Eligibility clarity, compliance tracking, documentation quality |
| Mezzanine or preferred equity | Gap fill between senior debt and sponsor equity | Intercreditor terms, cure rights, cash sweep mechanics, exit logic |
| Term refinancing | Post-COD optimization and tenor alignment | Operating performance, merchant exposure limits, covenant headroom |
If your team is still shaping the structure, compare it with these references: How Project Finance Is Structured and Advanced Financing Strategies for U.S. Utility-Scale Solar Projects.
EPC quality drives credit appetite. A weak EPC contract is one of the fastest ways to turn a promising solar project into a slow-moving credit file. Lenders need confidence that completion risk is managed with clear accountability, measurable tests, and enforceable remedies.
Credit desks prefer one counterparty that owns full delivery scope. If scope is split, interface risk must be documented with hard obligations and clear fallback rights.
Schedule logic needs real milestone tracking, not optimistic timelines. Long-stop dates, delay liquidated damages, and cure pathways need to be drafted with precision.
Minimum output and availability tests must map to debt service assumptions. If guarantees and base-case model are misaligned, credit committees will cut leverage.
Performance bonds, parent guarantees, retention mechanics, and step-in rights are not optional details. They are central to downside recovery logic.
In utility-scale solar, offtake quality has direct impact on debt sizing and pricing. A long tenor alone does not make a PPA bankable. Credit quality of the buyer, curtailment terms, payment security, indexation, change-in-law treatment, and termination compensation all matter.
Strong offtaker quality supports tighter margins and stronger leverage. Weak counterparty quality pushes lenders toward conservative scenarios and stronger reserves.
Fixed tariff, indexation rules, and escalation mechanics must match cost and debt assumptions. Mismatch creates model fragility and weaker coverage metrics.
Projects need clear treatment of grid constraints and dispatch risk. Ambiguity here often creates heavy downside in lender sensitivity cases.
Debt providers need enforceable rights if contracts break. Step-in and cure rights protect debt value during stress and are heavily negotiated points.
Sponsors chase maximum leverage. Lenders chase survival under downside. The deal closes when both sides can defend the same risk case. That requires disciplined DSCR policy, realistic generation assumptions, and clear reserve strategy.
| Model Input Area | Base Case Treatment | Downside Treatment |
|---|---|---|
| Energy yield | P50 aligned with independent engineer assumptions | P90 style stress with degradation and availability adjustments |
| Operating costs | Contracted O&M plus realistic escalation | Higher cost stress and slower incident recovery |
| Revenue mechanics | PPA-linked cash flow with expected curtailment profile | Lower dispatch and payment timing stress |
| Debt service | Scheduled amortization with DSRA support | Cash sweep trigger and covenant stress analysis |
| Refinancing assumptions | Conservative refi timing and pricing | No-refi case tested for break-even resilience |
If you are still aligning debt and equity layers, this resource helps frame options across technologies: Funding Models for Solar, Wind and Hydro Projects.
EPC obligations, model assumptions, and PPA risk allocation point in different directions. Credit teams spot this fast and stop momentum.
Grid studies, queue status, and delivery milestones are vague. That creates schedule risk that debt cannot absorb at target leverage.
Completion support, contingency policy, and cure funding are not clearly committed. Lenders read this as execution fragility.
Legal names, financial model versions, and contract drafts conflict. Review cycles then become rework cycles.
You can shorten cycle time when everyone follows one process and one owner is assigned per workstream. Multi-advisor noise, duplicate outreach, and unsynchronized drafts burn weeks.
| Phase | Primary Output | Decision Gate |
|---|---|---|
| Phase 1: Structuring | Capital stack memo, contract risk map, initial model hygiene review | Go/no-go on lender-grade positioning |
| Phase 2: Underwriting package | IC-ready summary, diligence index, lender question matrix | Approval to enter targeted outreach |
| Phase 3: Distribution | Curated lender discussions and written feedback capture | Term sheet shortlist and negotiation track |
| Phase 4: Closing coordination | Final term alignment, conditions precedent checklist, doc workstream control | Execution readiness and financial close path |
Financely runs project mandates as a transaction-led process: structure, underwrite, distribute, and coordinate written outcomes. No vague consulting loop. The work is designed for sponsor teams that need lender-grade positioning and controlled execution.
If you want to compare process fit before submitting, review How It Works and What We Do.
Share your EPC status, offtake draft, model snapshot, and target stack. We will map bankability gaps and a realistic path to term sheets.
What makes a solar capital stack bankable?
Clear risk allocation across contracts, credible debt sizing, downside-tested cash flow, and enforceable construction and offtake protections.
Can we raise construction debt before EPC is fully executed?
Some early engagement is possible, but firm credit appetite usually needs advanced contract clarity on completion risk, guarantees, and remedies.
How much does offtaker credit quality affect leverage?
Materially. Stronger offtaker quality can support better debt terms. Weaker credit pushes lenders to lower leverage and stronger protection packages.
Do lenders only care about model outputs?
No. They care about whether contracts and controls can deliver those outputs in real operating conditions.
Where should we start if we are mid-development?
Start with a structured submission and a contract risk map. That gives a realistic view of financeability before broad lender outreach.
Financely advises growth-focused businesses on accessing capital by introducing their opportunities to professional investors. Financely is not a securities broker or dealer. Where appropriate, engagements are coordinated with regulated broker-dealers, investment banks, legal counsel, and other specialists.
Financely does not solicit, offer, or accept orders to buy or sell securities and makes no assurance regarding capital-raising outcomes.
Services are strictly business-to-business. Financely does not provide personal finance, consumer credit, or retail advisory services.
Advisory services are reserved for post-revenue companies that recognize the time and resources required for professional underwriting.
To proceed,
request a quote
and receive indicative commercial terms. If you require guidance before engaging,
book a paid telephone consultation.
Security notice: we are aware of third parties using Financely’s name without authorization. Only emails sent from our official domains and communications through our portal are valid. Please verify any outreach before sharing documents or sending payments, and read our impersonation warning.
Email supportdesk@financely-group.com for general enquiries, press & partnership requests.
All mandates start with an RFQ. We review submissions, issue a brief Go/No-Go memo, and where bankable, release a Term Sheet that leads to funding. We arrange capital across Senior Secured, Unitranche, Second Lien/Mezzanine, Preferred Equity, and Gap Solutions. We do not process deals by email or chat.
Letters of Credit, Standby LCs, Confirmations, Receivables Finance, and Inventory Lines with control.
Funding arranged for trade flows with instruments sized to your cycle and aligned to delivery and settlement.
Move forward to secure working capital and keep goods moving. Submit the RFQ to start underwriting for funding.
Limited or non-recourse structures for energy and infrastructure with lender-ready materials.
Funding solutions aligned to project cash flows with credible covenants and conditions to reach notice to proceed.
Advance the file to termable status. Submit the RFQ so we can underwrite and secure funding.
Debt and Preferred solutions anchored on cash flow, Quality of Earnings, and clear closing mechanics.
Funding across senior, unitranche, and preferred to match stable cash flows and acquisition timelines.
Get financed on workable terms for closing. Submit the RFQ to start underwriting.
Acquisition, development, bridge, and refinance with lender-ready packs and third-party reports managed.
Funding calibrated to DSCR, leverage, and tenancy with terms designed to close.
Move to a financeable package. Submit the RFQ to initiate underwriting for funding.
KYC and Source of Funds required. Engagements are best-efforts and subject to underwriting. Preference for operating companies with meaningful revenue. See our FAQ and Procedure.
Financely Inc. (“Financely”) provides corporate-finance advice and is wholly owned by Aurora Bay Trust, a trust formed under Bahamian law, together with its authorized affiliates. Depending on deal structure, jurisdiction, and local rules, engagements may be carried out through Financely Group LLC, a non-deposit-taking, non-banking financial company; Ashford Capital Advisory LLC; or another related entity.
Financely and its affiliates are not registered as securities broker-dealers and do not execute securities transactions or hold client funds or securities. When a mandate involves the purchase or sale of securities and a registered intermediary is required, any orders are introduced to and executed by one or more independent U.S. broker-dealers registered with the SEC and FINRA. Those broker-dealers are solely responsible for trade execution, custody, and related regulatory obligations. Nothing in this material constitutes an offer, solicitation, or recommendation to buy or sell any security or to engage in any specific transaction. Before engaging Financely Group LLC, Ashford Capital Advisory LLC, or any affiliate, you are responsible for confirming that such engagement complies with your own legal, regulatory, tax, and other requirements. In the United States, certain advisory activities may be conducted in reliance on exemptions available under the Investment Advisers Act of 1940, including the “foreign private adviser” exemption where applicable. Our services and regulatory status may vary by jurisdiction and by transaction type.
Click
here to download our brochure. Email
supportdesk@financely-group.com for general enquiries.
