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FCF has long-standing relationships with most commercial and business development banks addressing the German-speaking countries.  We advise on any kind of bank loan facilities, such as bilateral loans, club deals syndicated loans, etc.  Financing facilities may include short-term and long-term loans, e.g. for overdrafts, working capital requirements, borrowing base facilities, capital expenditures or investment facilities, growth financing, acquisitions and other corporate purposes.  In addition to commercial bank financing, our experience also includes “subsidised” financings from business development banks such as, e.g. Kreditanstalt für Wiederaufbau (KfW) or European Investment Bank (EIB).

Leasing / Sale-and-lease-back: As an alternative for traditional capex / investment financing facilities, leasing has a long-established track-record and may be used by companies in addition to other mid- to long-term financing instruments. In addition to serving as a pure financing instruments, leasing – and especially sale-and-lease-back – can also be used to structure diversified financing strategies and improving the overall credit worthiness and rating.

Factoring / Reverse factoring / Inventory Financing / etc.: Especially for corporates within the manufacturing trade, efficient working capital management may be challenging. FCF advises and supports its clients in any kind of working capital financing, such as, inter alia, factoring, reverse factoring, inventory financing or borrowing base facilities.

Corporate bonds: To achieve a diversified base of both, financing instruments and financing providers, for corporates with larger financing requirements, capital market financing instruments, such as corporate bonds, promissory notes (“Schuldscheindarlehen”), or private placements may offer interesting options – either as an addition or as an alternative to the more traditional financing instruments.

Private lending facilities: While so-called debt funds used to predominantly invest in acquisition financings as well as lower-rated companies, today, such private lending facilities can be an alternative to bank financing also for corporates in the cross-over or lower investment grade sector. A vast number of private lending providers offer financing solutions for almost any kind of risk and rating profile, starting with senior secured (or, as the case may be, unsecured) facilities, participations in syndicated loans or club deals, through so-called stretched senior and unitranche financings, all the way to mezzanine and preferred-equity structures.

In certain situations where a typical senior financing may not be feasible or sufficient, FCF also advises on alternative or supplementary financing structures, such as, inter alia, second lien, subordinated or mezzanine financing. In some cases, this may in-clude near-equity instruments, such as quasi-equity / economic equity, preferred equity or convertible funding.