capital

We solve the problems of traditional project finance

As you may know from first-hand experience(s), the traditional approach to project finance is typically expensive, painfully slow, and fraught with more than a few pitfalls, most of which go unnoticed until far too much “sweat equity” has been poured in.  Project finance can be quite a slippery slope that involves a substantial investment of time and energy, just to determine feasibility while seeking reasonable terms and financial closing before the season’s change (again).  The path to securing funding this way, through private sources or even banks, is highly uncertain, like walking through a forest at night with just a candle you typically only get to see the next few steps, and a stiff cross-wind could easily snuff out the path’s illumination without notice.

Getting a project funded doesn’t have to be so complicated! With defensible evidence that it will generate reasonable returns, even at an early stage of readiness, up to 100% financing is available.

 

What did we do to solve these issues?

We resolve this “pain” thanks to our next-generation model and committed Family Office investment partners. Together we deliver a radically efficient, streamlined alternative.

 

What makes us different?

 

Most new construction project loans require complete shovel-ready status and an established equity investor to take on a meaningful share of the risks. Not ours. Through our family office mandate, BNB Funding Solutions has the flexibility to fund almost any project, anywhere (except countries with US sanctions), at any reasonable stage, even if not entirely shovel-ready (our partners are willing to pay for remaining development costs) in the middle-market range of $25 million ($35m-$40m preferred) up to $4 billion per project, or for a unified portfolio of projects in that range.

 

Get Started Now

 

Find out if you can qualify then deliver our first 3 “essentials” to get started, which are:  1) Project name, total budget and funding request in $ or €, 2) Uses of funds – categories and amounts / % (sample format), and 3) Proposed Capital Guarantee type and verbiage. 

 

Our project funding program delivers a combination of debt and equity up to 100% of the project’s budget at these indicative terms.  This “hybrid” approach is unusual in project finance, as affordable debt usually requires a substantial commitment of equity from a counterparty, but here we can provide both the debt (mezzanine/subordinated) at quite affordable rates (3% APR fixed for as long as needed) and usually a minority equity carried interest, making BNB’s CGP a “one stop shop”.

 

Projects that are reasonably well documented using industry-standard accounting (GAAP, or IFRS per the International Accounting Standards Board) and ready for funding incur no upfront fees (use our fast/free readiness assessment, called RAIN, if you are not sure; we look for scores at or above 80%, typically).

 

How we radically improve funding certainty

 

Few to zero mid-market project investors can offer developers predictability, or certainty, as well as advantageous terms and conditions and speed for access to their capital. We do.  CGP funding is faster, more reliable and flexible compared to traditional pathways — we usually reach closing within 30 days and first drawdown at most 30-45 days later.  Or as we like to say, BNB CGP is faster, easier and better!