Lender shortlisting
We lead with the right-fit lender, not a blanket mass application — matched to your ticket, sector and risk profile.
Mandate-led debt advisory, since 2011.
Corporate Finance & Debt Syndication — The Right Lender, On The Right Terms
Term loans, working capital and structured debt — arranged across PSU banks, private banks, NBFCs and AIFs. Pune & Mumbai-based, we lead with the right-fit lender rather than a blanket mass application, and walk every mandate through sanction, documentation and disbursement. ₹4,250 Cr+ arranged across 100+ deals since 2011, with ₹550 Cr the largest single facility.
PSU · Private · NBFC · AIF Since 2011 ₹4,250 Cr+ arranged
A track record since 2011, in numbers
₹4,250 Cr+
Capital arranged across sectors₹550 Cr
Largest single facility structured100+
Deals advised end to end97%
Closure on admitted casesSince 2011
CA-led, senior on every fileDebt syndication is the process of arranging a single large loan from multiple lenders — banks, NBFCs and AIFs — under common terms, used when one lender cannot or will not fund the full ticket. More broadly, corporate finance spans the full debt stack an operating business needs — fund-based facilities such as term loans, working capital and project finance, and non-fund-based limits such as Letters of Credit and Bank Guarantees — extending into structured credit, ECBs and mezzanine / AIF capital. Getting it right means matching product, lender type and documentation to the business’s cash-flow profile, collateral and stage.
Finnova Advisory is an advisory firm — we structure the file and negotiate terms; the lender sanctions and disburses.
Where the right-fit lender lives
The lender landscape — we steer to the category that fits
Rate, turnaround and flexibility vary sharply across lender categories. We steer mandates to the category that fits — not just the one with the easiest hello.
| Lender | Tenor | Indicative rate | Turnaround | Product coverage | Flexibility |
|---|---|---|---|---|---|
| Private Bank Regulator: RBI | TenorUp to 10 yrs | Indicative rate9–12% | Turnaround3–5 weeks | Product coverageFull product suite | FlexibilityHigh |
| PSU Bank Regulator: RBI | TenorUp to 15 yrs | Indicative rate8.5–11% | Turnaround6–10 weeks | Product coverageFull suite incl. infra | FlexibilityProcess-heavy |
| NBFCRight-fit example Regulator: RBI | TenorUp to 7 yrs | Indicative rate10–14% | Turnaround2–4 weeks | Product coverageTerm loans, LAP, structured | FlexibilityVery high |
| AIF / Credit Fund Regulator: SEBI | Tenor3–6 yrs | Indicative rate13–18% | Turnaround4–6 weeks | Product coverageStructured, mezzanine, acquisition | FlexibilityBespoke structures |
Indicative — varies by lender, borrower profile, collateral and prevailing market rates. The “right-fit example” shows how we’d match a fast, structured mid-ticket case to an NBFC; the pick changes with sector, ticket and collateral.
Products we arrange
The full debt toolkit for a growing business
From fund-based term loans and working capital to non-fund-based limits and structured credit — we match product, lender type and documentation to your cash-flow profile, collateral and stage.
01
Term loans
Long-tenor capex and project funding from banks and NBFCs with tailored moratorium and repayment schedules.
02
Working capital (CC/OD)
Cash-credit and overdraft limits sized off CMA, drawing-power discipline and assessed working-capital gap.
03
Project finance
Greenfield and brownfield project debt with structured disbursement, DSRA and escrow mechanics.
04
Letter of Credit
Inland and foreign Letters of Credit — sight, usance and SBLC under UCP 600, plus LC discounting to free up cash.
05
Bank Guarantee
Every BG type — bid, performance, advance, retention — with the IRDAI surety alternative where it frees your bank limits.
06
Structured debt
Mezzanine, acquisition, holdco and event-linked facilities through banks, NBFCs and credit funds.
07
ECB / FCNR-B
External Commercial Borrowings and foreign-currency lines under RBI’s automatic and approval routes — the 2026 framework, priced hedged.
08
Promoter & buyout funding
Partner and promoter buyout financing — bank acquisition finance for eligible large acquirers (RBI’s 2026 shift), or NBFC/AIF, LAP and LRD routes for mid-market deals.
09
Mezzanine / AIF
Subordinated and quasi-equity capital from SEBI Category-II credit AIFs and structured-debt funds.
What we do differently — beyond the introduction
A mandate, not a lead hand-off
Most brokers make an introduction and disappear. We run the mandate end to end — shortlisting the right-fit lender, negotiating the term sheet and following through to first drawdown.
Term sheet negotiation
Rate, tenor, covenants and security pushed hard before sanction — the terms are negotiated, not accepted.
Sanction-grade docs
CMA, projections and board papers built to withstand a credit committee — the file answers questions before they’re asked.
Syndication for large ticket
Multi-bank consortium build-outs with lead-bank coordination — the bandwidth to close large, complex tickets.
Post-sanction follow-through
Documentation, pre-disbursement conditions and first drawdown — we stay on the file until the money lands.
Refinance optimisation
Interest-cost and tenor optimisation on existing facilities — we re-rate the case and run a competitive lender process.
Process
How an engagement runs — our 5-step process
A clear path from first case diligence to first drawdown, with senior people on the file at every stage and timelines you can plan around.
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Case diligence
2–3 daysFinancial review, gap assessment and a credit-worthiness indication — we tell you where the file stands today.
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Lender shortlist
2 daysRight-fit banks and NBFCs matched to ticket, sector and risk profile — before any mass-market outreach.
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Pack prep & submission
7–10 daysCMA, projections and credit note prepared and submitted to the shortlisted lenders.
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Sanction negotiation
3–6 weeksCredit-committee interaction, term-sheet negotiation and the sanction letter — we’re in the room and on the file.
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Documentation & disbursement
2–3 weeksSecurity documentation, CP compliance and first drawdown — the mandate closes when the money lands.
Who we fund & what makes a strong case
Built for mid-market borrowers who want the file to clear committee
We fund mid-market corporates across sectors — and we know the documents and signals that turn a defensible business into a sanction-grade case.
Who we fund
Pune & Mumbai-based, serving Maharashtra, Delhi NCR, Bengaluru, Hyderabad, Chennai and pan-India. Mid-market mandates of ₹10 Cr and above.
What makes a strong case — document checklist
- Audited financials — last 3 years
- Provisional financials — current year
- GST returns — last 12 months
- CMA data and financial projections
- Project report (greenfield / expansion)
- KYC, MOA, AOA and incorporation documents
- Existing sanction letters & facility schedules
- Banker statements — last 12 months
Indicative — varies by lender and product. Every mandate passes an internal credit and compliance screen before we engage lenders.
Why Finnova
Why borrowers choose Finnova for debt syndication
Four reasons promoters and CFOs hand us the mandate — and keep us on file through documentation and disbursement.
01
Mandate-led, not lead-broking
We shortlist the right-fit lender before any mass-market outreach — the right lender on the right terms, not the easiest hello.
02
97% closure on admitted cases
Every file passes an internal credit and compliance screen before we engage lenders — so the cases we take, we close.
03
Full lender network
Active coverage across PSU banks, private banks, NBFCs and AIFs — plus the syndication bandwidth for multi-bank consortia.
04
Track record
₹4,250 Cr+ arranged, ₹550 Cr largest single facility and 100+ deals since 2011 — across the full debt stack.
Illustrative examples
Debt mandates we’ve handled
A sample of recent corporate finance mandates, anonymised for confidentiality. Sectors and structures are real; names are not.
₹120 Cr project finance
Mid-market EPC · Two-bank consortium
An EPC contractor needed ₹120 Cr of project finance with structured disbursement and an escrow waterfall. We built the sanction-grade pack, ran a two-bank consortium and closed documentation through to first drawdown.
[Illustrative]Refinance optimisation
Manufacturer · Legacy term debt
A manufacturer carrying expensive legacy term debt engaged us on a refinance mandate. We re-rated the case, ran a competitive lender process and optimised both interest cost and tenor on the replacement facility.
[Illustrative] Consultation
Tell us about the requirement
One conversation tells you the right-fit lender, the indicative terms and how fast it can move from mandate to disbursement. No pitch — just a straight read from people who run lender processes every week.
Thank you — your enquiry has been submitted
We’ve received your details. A senior member of our team will review them and get back to you within one business day. Everything you’ve shared stays strictly confidential.
FAQ
Debt syndication, answered
We focus on mid-market mandates of ₹10 crore and above. For smaller tickets we’re happy to recommend specialised channel partners — our infrastructure, credit committee work and syndication bandwidth are most useful above that threshold.
Working-capital enhancements for clean cases close in 4–6 weeks. Fresh term loans typically run 8–12 weeks, and structured project finance or syndicated facilities can take 12–20 weeks depending on complexity, consortium size and regulatory clearances.
Lender selection is driven by sector fit, ticket size, tenor, collateral profile and existing banking relationships. We match the right-fit lender across PSU banks, private banks, NBFCs and AIFs before any mass-market outreach.
Mandate-based. Typically a retainer component during diligence and pack preparation, plus a success fee on disbursement expressed as a percentage of the sanctioned amount. Exact economics are agreed in writing before work begins.
We selectively take on restructuring, OTS and refinance mandates where the underlying business case is sound. Each case is pre-assessed before mandate; we will not take on files where the credit case cannot reasonably be made to a lender.
We are cautious on speculative real-estate, gambling, tobacco, and businesses under active regulatory investigation. Every mandate passes an internal credit and compliance screen before we engage lenders.
Further reading
Raising debt, explained in our Resources
Where to raise, how banks size your limit, and the collateral-free route — practical guides from our advisory desk.
- Corporate FinancePSU Bank vs Private Bank vs NBFC vs AIF: Where Should You Raise Debt?Read the guide →
- Corporate FinanceWhat Is a CMA Report and How Banks Assess Your Working-Capital LimitRead the guide →
- Corporate FinanceCGTMSE in 2025–26: Collateral-Free MSME Loans Up to ₹10 Crore ExplainedRead the guide →
Explore by topic
The full debt toolkit — pick your facility
Each facility has its own deep-dive: how it’s structured, what it costs, and how we get it sanctioned. Start where your need is.
Fund-basedTerm LoansCapex & project funding, structured to your cash flow. Fund-basedCash Credit & Working CapitalCC/OD limits sized off MPBF, CMA and drawing power. Fund-basedStructured FinanceMezzanine, acquisition and holdco debt via banks, NBFCs & AIFs. Fund-basedPartner & Promoter BuyoutThe five routes — after RBI’s 2026 acquisition-finance shift. Non-fundBank GuaranteeEvery BG type — and when a surety bond frees your limits. Non-fundLetter of CreditSight, usance, SBLC, UCP 600 and LC discounting. Fund-basedProject FinanceGreenfield, brownfield & syndicated — DSRA and escrow waterfall. Cross-borderECB & FCNR-BForeign-currency debt under the 2026 FEMA framework.
Debt syndication & corporate-finance advisory in Pune, Mumbai and Delhi NCR — plus sector desks for EPC & tender contractors, importers and trading businesses.