82 St John St. London, EC1M 4JN
07702 560 077

Services

Asset Based Lending Advisory – unrivalled expertise for pure ABL

360° commercial experience, operational knowhow, technical expertise and practical insight into using Asset Based Lending to provide cost effective, flexible, growth oriented facilities

Highlighting and mitigating the challenges that may be associated with the structuring, implementation and operation of an ABL facility

Managing the funding process from conception to successful implementation:
 – assessing borrower’s strategic funding objective;
 – clarifying key issues in the short and medium term;
 – identifying options and providing solutions;
 – negotiating best possible funding offers;
 – ensuring documentation delivers facility that matches proposal throughout the term.

Highly focussed specialist Asset Based Lending skills for investors

For investors using Asset Based Lending on an occasional or infrequent basis, Cadence provide guidance, evaluation, oversight and full operational support throughout the funding process

For those investors who have used Asset Based Lending many times, or have dedicated Asset Based Lending expertise within their team, Cadence offer a highly focussed approach, working alongside the investor to provide detailed analysis on those aspects which require additional resource, such as transactional due diligence, or specific situational knowledge and to ensure the deal, as negotiated and implemented, reflects the most current commercial conditions available in the market

Additionally, Cadence can be on site at short notice to bring senior, skilled resource to bear in circumstances where timescales are tight or additional diligence work is required at short notice, keeping the completion timetable on track

Modelling and planning advisory for corporates and investors

Cadence can bring practical and hands-on support to finance teams who are looking to implement ABL facilities for the first time;

We are also able advise borrowers in amending or enhancing existing ABL facilities in order to improve cashflow, deliver working capital improvements, or recapitalise to allow a return of cash to shareholders

Cadence can help optimise working capital and debt capital structures to support a borrower’s or inverstor’s M&A strategies

Support can be commercial, in terms of reviewing and shaping the underlying architecture of the existing financial models, or practical – drawing up the underlying templates for the in-situ finance team to populate with the management’s forecasts

Multi-tiered debt capital advisory

Cadence has extensive experience of implementing multi-tiered structures using Asset Based Lending as super senior or first lien, with second lien senior, junior or mezzanine finance to complete the optimal debt capital structure;

Multi-tiered capital structures provide:
 – Access to additional liquidity from mezzanine lenders, debt funds and alternative lenders
 – Low cost, flexible working capital facilities for day to day trading;
 – Efficient use of security to minimise the blended cost of funds;
 – Gearing which reflects underlying cash generation, as well as asset value;
 – Loan amortisation profile to match borrowers investment plans;

Cadence provide the mission critical planning and project management of all stages: valuation, modelling, due diligence, verification, review and documentation for a timely and cost effective process across multiple lenders using different credit criteria and transaction protocols