The Cockburn Group

independent consultants, banking advisors, corporate and project finance brokers

        Project Finance, Credit Enhancement, Bank Guarantees, SLC's, MTN's, Funding

 

Project Finance

The Cockburn Group can, on a global basis, provide funding for a variety of projects. We will generally not consider funding for project with a value less than USD10m - we have no maximum limit on project size and have the ability to fund billion dollar projects. The vast majority of projects will require the funding to be collateralized and this should be arranged prior to the involvement of our funders - you should therefore be able to provide a Letter of Intent or similar from your chosen collateral provider. If you require us to obtain suitable collateral on your behalf please refer to the undernoted section "Credit Enhancement" for further information.

To allow us to make an initial assessment of your project you should submit to us by e-mail your Executive Summary;  C.V.'s of the proposers;   name, country and registration details of the applicant;     headline financial information;     mention should also be made of any collateral security you will provide.

 

To enable us to consider your project we will require at some stage all of the following documentation.

   1. Executive summary clearly identifying the amount required, the term, the reason for the              funding and any available supporting security.

2. Full detailed business plan /feasibility study including : -
1. P&L projections – 5 years
2. Cash flow projections – 5 years
3. Plans /drawings and any other relevant information to allow full understanding to the proposal

3. Last three years financial statements.(where available)

4. Current management accounts.

5. Resumes of management and major shareholders

6. Detailed “Use of Funds Statement”.

7. Articles of Incorporation.

8. Details of advisers .

1.      Bankers

2.      Accountants

3.      Legal Advisers

9. Information on any funding already secured for this project

10. Give details of any current or proposed mortgage, debenture or other Lien on the Company assets.

11. Information regarding the contribution to be /already made by the client.

12. Information regarding any other party considering this or any other application from you,      comment on any previous funding application declined and indication of the length of time you have been seeking funding for this project.

 

Credit Enhancement

                            Bank Guarantees

                            Stand-by Letters of Credit

                            M.T.N's

                            H.Y.I.P.

The Cockburn Group can assist you in obtaining acceptable collateral security for your project. To enable us to proceed with your request we will require all of the above information (1 -12) to be in a position to submit you application to our providers.

There is a cost involved, charged by the provider, in providing the collateral, this is normally between 2% and 3% of the project value and may be added into the overall project funding cost. The provider fees will require to be placed in escrow at the outset. A proportion of the escrow funds will require to be drawn to meet the collateral providers costs as they progress your application.

We do not charge an up-front fee to you however please bear in mind that some of our clients do pay a fee to expedite the application and fee paying clients do take priority. We will provide a summary of all costs once we have reviewed your Executive Summary.

 

Send mail to postmaster@cockburn-group.co.uk with questions or comments about this web site.
Last modified: November 14, 2002