Understand the requirement
We begin by understanding what the capital needs to achieve, the amount and timing involved, the assets available to provide security, the ownership structure, the jurisdictions and the proposed repayment strategy.
How we lend
Capital requirements are rarely defined by a single objective, asset or jurisdiction.
Whether the requirement involves creating liquidity, releasing capital from existing assets, refinancing obligations, completing an acquisition or responding to a time-sensitive opportunity, TENN begins by understanding what the capital needs to achieve.
We then take an asset-based approach, considering the available asset base, ownership structures, jurisdictions, timing and proposed repayment strategy, tailoring the structure of the facility around the individual requirement.
This broader view allows us to consider single or multiple sources of eligible security, including requirements that span jurisdictions or involve more complex ownership structures.
International relationships and local knowledge help us navigate these requirements and coordinate assets, entities and advisers across borders, while experienced people and disciplined underwriting support the process through due diligence, documentation and completion.
Multi-Asset Security
We consider single or multiple sources of eligible security, structuring the facility around the wider capital requirement.
Cross-Border Capability
Our international relationships and local knowledge support coordinated execution across jurisdictions.
Disciplined Assessment
We look at the client’s objectives and wider circumstances, not simply the asset, before making a lending decision.
Effective Execution
Experienced people and disciplined underwriting provide a clear path from lending decision through due diligence to completion.
Structured credit, designed around the available assets
A capital requirement does not always align with a single asset or source of security.
TENN takes a broader approach to asset-based finance, considering real estate, financial assets, fund assets or a combination of eligible assets when assessing how a facility could be structured. This can help clients make more effective use of their asset base while taking account of their objectives and wider circumstances.
This approach allows flexibility in how a facility may be structured, while remaining aligned to the client's objectives and proposed repayment strategy.
The assets and structures we can consider will vary depending on the individual requirement, with each facility subject to appropriate underwriting, valuation, legal, compliance and jurisdictional assessment.
Structured credit across single and multiple asset classes
TENN can consider facilities supported by a single asset class or multiple sources of eligible security, depending on the wider capital requirement.
Real Estate
Residential property, commercial real estate, development assets, land and investment-property portfolios.
Financial Assets
Listed securities, investment portfolios and other financial assets capable of supporting a secured lending structure.
Fund Assets
Eligible fund interests, commitments and related assets considered within an appropriate lending structure.
Global reach, local understanding
Assets, entities, advisers and capital requirements can extend across several jurisdictions.
TENN draws on international relationships, local expertise and jurisdiction-specific knowledge to understand the legal, regulatory and commercial considerations involved. This helps us assess how assets are held, how security can be established and how the parties involved can work together towards effective execution.
Whether the assets, ownership structures or intended use of capital cross borders, TENN considers the jurisdictional context as part of the complete lending assessment.
What it looks like to borrow with TENN
Assess the complete situation
Our team considers the client, objective, assets, structures and proposed exit together. Where the opportunity appears suitable, we identify the information and work required to progress it.
Underwriting and due diligence
The opportunity proceeds through underwriting, valuation and due diligence. Legal, compliance and anti-money-laundering requirements must also be satisfied before a facility can proceed.
Credit decision and terms
The opportunity is reviewed through TENN’s credit and governance process. Where approved, commercial terms and the conditions required for completion are confirmed.
Documentation and completion
TENN works with the client and relevant professional advisers to complete documentation, satisfy the agreed conditions and coordinate the release of funds.
Ongoing relationship
Following completion, TENN maintains oversight of the facility and works with the client and advisers towards the agreed repayment strategy.
FAQ’S
Capable of handling even the most technical deals, our experience means we can create solutions for clients that involve high-value assets, international property purchases and cross-jurisdictional transactions. We are open to almost any scenario.