One of the most common questions that are asked by project developers is, "How can you provide a detailed due diligence service at no cost to me?
Our core revenues come from successfully closing a finance deal on a project. We earn our money from a success fee, so we want to ensure the future of our business by developing a relationship of trust with our panel of funders so that they know that when we present our clients report for finance, it will meet their funding criteria and that their entire business plan is evidenced in our secure data room.
So, it is in our interest to ensure that our selected client's financing has a high probability of success through our Desktop Review Service It is also why during the review period there is a constant three-way discussion between, you, the funder and us, thus ensuring all parties interests are aligned.
We want to ensure the future of our business is by developing a relationship of trust with our panel of funders so that they know that when we present our client's review on a project, it will meet their funding criteria.
As part of our no fee Desk Top Review initiative, we welcome manufacturers, project developers, and services providers in the energy and emerging energy markets.
How does this then benefit our clients?
There is no charge for our service,s and when a client and their project are selected for our Desktop Review Platform, we try to ensure that the clients' project has a high probability of success. That is why during the review perio,d there is a constant three-way discussion between, you, the funder and us, thus ensuring all parties interests are aligned.
We receive numerous enquiries per week from project developers seeking finance to fund their projects but, only a few are selected by us to enter our Desktop Review Platform. The selection process ensures that the client has undertaken sufficient project development work and therefore satisfies, theinitiallyl required criteria of our funders and insurance broker.
One of the unique features of the Desktop Review Platform is that from an early stage, we can talk directly to their selected funders and underwriters to obtain their interest and proceed through the review focusing on any issues which are potential areas of concern.
Under our Desktop Review Service, we carry-out detailed due diligence to evidence supporting documentation, permits and the strength of the project’s counterparties. Our final report is presented in a format critical to creating a first impression that puts our client’s investment requirement on a fast track to the funders and underwriters, further supported by their client's documentation filed and secured in our data room.
This process not only identifies the cost related to proceeding to funding but, provides assurance to our client that any cost that is incurred is directly aligned with the progress of the financing.