Financing criteria
For what purposes can financing be attracted?
Loans can be provided for financing fixed assets such as business premises and machines. But our financing solutions are perfectly suitable for financing acquisitions, working capital or a refinancing as well.
Is it possible to finance foreign activities or assets possible?
Financing can be provided to entities in the Netherlands, Belgium and Germany. Specific financing of foreign activities and assets is also possible as long as the principal borrower is established in the Netherlands, Belgium or Germany.
Can a working capital facility also be provided?
The loans can be used to finance working capital, but no fluctuating limits are provided as with a current bank account facility.
Are there any sectors or business activities excluded from financing?
Almost all sectors are eligible for financing. We adhere to the ESG guidelines of the institutional investors whose mandate we have received. This means, among other things, that companies active in the arms trade, tobacco and pornography are excluded.
Financing structure
Can a loan via NEOS exist alongside bank financing?
That is certainly possible, we are happy to provide such structures in consultation with the existing lender.
What is a typical repayment schedule of a loan?
We try to provide flexibility in the desired financing structure. Based on the business case, there are possibilities to structure a repayment-free period or fully bullet loan.
Can the loan also be taken out in tranches?
In principle, the loan cannot be taken out in tranches. It is, however, possible to provide several loans to a company, with the money becoming available when needed.
Are loans provided to entities other than BVs and NVs?
That is possible. However, loans cannot be provide to a proprietorship and / or natural persons.
What are the examples of collateral that is required?
We offer financing solutions based on future cash flows. This does not mean that collateral is not relevant. Availability of collateral can have a positive effect on interest. We assess this case by case.
Process
How does the pre-selection take place?
The pre-selection takes place through a short conversation between a NEOS Debt Investment Manager and the company and / or business partner about the financing request. In addition, we assess the financial risk profile of the company through a simple financial rating.
How do I submit a financing request?
We use a standard questionnaire and standard financial model for the submission of a financing application. We also happy to work with an information memorandum.
Which timelines do I have to take into account?
With a complete and timely delivery of all information, it is possible to provide financing within 4 weeks.
What are the reporting obligations?
We expect to receive the financials from the borrower(s) per quarter in our reporting format. In addition we want to receive the annual accounts of the borrower(s) on an annual basis.