Debt Advisory
The full range of institutional debt.
ELO Advisors structures and sources debt across the entire capital structure, from senior project finance to mezzanine, bonds, and working capital. We match each mandate to the private credit funds, bond investors, and specialist lenders that fund it, and we run the process to close.
01 / The Role
An advisor, not a lender.
We do not lend our own money and we do not sell loans. We advise the companies raising debt. We structure the transaction, take it to the institutions that fund it, and hold them in competition until the terms are right. Our only interest is the borrower's outcome.
Mandate size
$25-500M
The range where independent structuring changes the outcome, and where we compete hardest.
02 / Capabilities
Twelve instruments. One mandate at a time.
We work the instrument the situation calls for. The four we lead most often have their own desk.
Capital raising
Private Credit
Senior and junior term debt from direct lenders and credit funds, sized to the asset rather than a public rating. The core instrument for borrowers the investment-grade market does not reach.
Flagship deskCorporate Bonds
Public and private bond issuance for companies with the scale and contracted cash flows to access institutional fixed-income investors.
Flagship deskProject Finance
Non-recourse debt underwritten against a single project and its contracted revenue, ring-fenced from the sponsor balance sheet.
Flagship deskStructured Debt
Bespoke instruments secured on assets, receivables, or contracted revenue, engineered when standard debt does not fit the situation.
Flagship deskConvertible Bonds
Debt that converts to equity on agreed terms, lowering the coupon for growth companies prepared to share upside.
Growth Capital
Debt and hybrid capital that funds expansion without the dilution of a full equity round.
Transactions
Acquisition Finance
The debt that funds a purchase, from a single competitor to a platform roll-up, structured around the combined entity and its cash flows.
Refinancing
Replacing existing debt on better terms, extending maturities, or releasing capital as an asset stabilizes.
Bridge Financing
Short-term capital that carries a company to a defined exit: a raise, a sale, or a permanent financing.
Working capital & assets
Working Capital Facilities
Revolving and term facilities that fund inventory, receivables, and the day-to-day capital a growing operation consumes.
Equipment Finance
Debt secured on the equipment itself, funding long-lead and capital equipment on its own delivery clock.
Trade Finance
Letters of credit, supply-chain, and inventory finance that fund goods in transit and across borders.
03 / Process
We run a process, not an introduction.
Most intermediaries forward your deck to a list and wait. We build the package, take it to the right desks privately, and make them compete for the mandate.
- 01
We map the need
The company, the asset, the use of proceeds, and exactly how much has to be raised and against what.
- 02
We structure the financing
The right instrument and capital structure for the risk in front of us, from senior debt through mezzanine and equity-like layers.
- 03
We take it to the right capital
Placed privately with the specific funds, bond desks, and infrastructure lenders that lead these deals, not a mass distribution.
- 04
We create competition
Multiple term sheets, compared on cost, leverage, covenants, and certainty of close.
- 05
We close
Diligence, documentation, and funding, managed to the wire.
04 / What Companies Raise For
The reasons behind the mandates.
The instrument changes with the purpose. The advisory does not.
- 01 Financing a new facility or project
- 02 Expanding production capacity
- 03 Refinancing existing debt
- 04 Acquiring a competitor or asset
- 05 Purchasing long-lead equipment
- 06 Funding working capital and inventory
05 / Questions
What size transactions do you work on?
Typically $25 million to $500 million. Below that, the structuring rarely pays for itself. Above it, the bulge brackets compete hard, and we are selective.
Are you a lender?
No. We hold no balance sheet and lend none of our own capital. We structure the financing and source it from the institutions that provide it.
How are you paid?
A success fee on close, with a work fee for live mandates. The structure keeps us aligned with getting the financing done, on the best terms.
Do you take the deal to everyone?
No. We place it privately with the desks most likely to lead it, and we protect your information until they are under NDA.
Whose side are you on?
The borrower's. We are independent, with no product to sell and no capital of our own to deploy.
06 / Contact
Have a financing in mind?
Tell us the company, the asset, and what you are trying to finance. We will tell you how we would structure and place it.