Important Disclosure. For corporates and professional counterparties. Not a public offer. This page is informational and does not constitute legal, tax, or financial advice. Any leveraged finance engagement is subject to diligence, KYC and AML, sanctions screening, conflicts checks, lender approvals, definitive documentation, and execution feasibility.
Leveraged Finance Desk
The lower middle market does not need “general advice.” It needs a lender-ready underwriting file, a clear structure, and a controlled process that gets to a signed commitment. That is what our Leveraged Finance Desk delivers.
We provide full scope leveraged finance advisory for acquisitions, leveraged buyouts, recapitalizations, and refinancings. We build the credit story, size the debt, negotiate covenants and documentation points, and manage execution through closing.
Related FG Capital Advisors capabilities: Trade Finance Structuring and Fundraising , Gap Funding for Physical Commodity Trades , and Standby Letter of Credit Services.
Buyouts and Acquisitions
Debt solutions aligned to LOI and purchase agreement timelines, including lender diligence and CP control.
Refinancing
Replace or rework existing bank debt or private credit with a cleaner structure and better flexibility.
Recapitalizations
Liquidity events and balance sheet resets with lender-grade terms, covenants, and documentation.
Special Situations
Time pressure, covenant issues, carve-outs, and complicated security and intercreditor dynamics.
Built for the Lower Middle Market
Lower middle market transactions often run into the same wall: lenders want institutional-quality diligence and documentation, but management teams do not have the time to reinvent a process. We run a structured workflow that makes the opportunity legible to lenders.
What lenders typically require
- Coherent credit story with clear sources of repayment.
- Quality of earnings logic, customer concentration clarity, and margin durability explanation.
- Clean debt schedule, working capital story, and capex reality.
- Security package clarity and enforceable corporate structure.
- Fast, consistent answers in Q&A and diligence.
Where we add leverage
- We translate the business into a lender committee narrative.
- We size debt correctly and avoid “hope leverage” that wastes time.
- We negotiate flexibility into baskets, add-backs, and restricted payments.
- We keep counsel and lenders aligned so closing does not drift.
- We provide one point of control for execution.
What Is Included When We Are Retained
We are retained to own the leveraged finance workstream. That means you get an end-to-end process, not disconnected work product. The scope below is what we run when we have the mandate.
Underwriting File and Lender Materials
- Transaction mapping, structure chart review, and bankability screen.
- Credit narrative, risks, mitigants, and lender positioning.
- Data room map and diligence request tracker.
- Model review support and base to downside bridge commentary.
- Draft terms outline for pricing mechanics, covenants, and security.
Lender Process and Closing Control
- Lender targeting, outreach, NDA process, and Q&A management.
- Term sheet comparison grid and trade-off analysis.
- Negotiation support on covenants, baskets, call protection, and documentation items.
- Coordination with borrower counsel, lender counsel, and third-party advisors.
- Conditions precedent tracker, funds flow planning, and closing checklist ownership.
If your situation includes credit enhancement or bank instruments in parallel (for example, performance security or contract-backed requirements), see Standby Letter of Credit Services.
Capital Stack Options We Structure and Execute
| Solution | Best Fit | Key Trade-Off | Desk Workstream |
|---|---|---|---|
| Senior Secured Term Loan | Strong cash flow, lender-friendly collateral, clear structure | Tighter maintenance terms and reporting | Debt sizing, covenant headroom, security mapping, lender process |
| Unitranche | Need speed and a single-tranche outcome | All-in cost trade-off and documentation complexity | Fast outreach, term control, IC pacing, CP and closing coordination |
| Second Lien / Mezzanine | Higher leverage with capped senior capacity | Intercreditor constraints and tighter cash leakage | Intercreditor terms, baskets, restricted payments, remedies |
| Holdco / PIK / Preferred | Gap financing when opco leverage is capped | Structural subordination and payment restrictions | Waterfalls, sponsor support terms, documentation strategy |
| Bridge to Takeout | Timing gaps and pending permanent solutions | Takeout risk if timeline slips | Takeout plan, conditions discipline, contingency structuring |
Execution Process
Step 1: Intake and Bankability Screen
We lock the timeline, confirm the structure, and identify lender objections early. Then we set the executable path.
Step 2: Structure and Lender Package
We finalize the capital stack recommendation and build lender-ready materials and a disciplined data room plan.
Step 3: Lender Outreach and Q&A
We run a controlled outreach process, manage Q&A, and keep terms comparable across lenders.
Step 4: Term Selection and Closing
We lead term sheet selection, coordinate documentation, manage CPs, and align funds flow to close.
Commercial Terms
Engagements are structured with a retainer and a success fee. The retainer funds the underwriting and execution workstream, including structuring, lender materials, outreach management, and negotiation support. The success fee is earned at closing.
FAQ
Do you lend or provide commitments?
No. We advise, structure, and manage execution. Lenders make independent decisions and issue commitments subject to their approvals.
Do you guarantee terms or closing?
No. All work is best-efforts and depends on diligence, documentation, and lender approvals.
What do you need to start?
Deal summary, timeline, structure chart, financials, and key documents such as LOI, APA, debt schedule, and any draft term sheets.
Can you coordinate with our counsel and broker?
Yes. We coordinate across borrower counsel, lender counsel, and other advisors to keep the financing path clean and executable.
Request a Leveraged Finance Proposal
Share your transaction summary, timeline, purchase agreement status, and latest financials. We will revert with an execution plan, diligence requirements, and engagement terms.
Request a QuoteDisclaimer. FG Capital Advisors provides services that may include advisory support, structuring, lender process management, documentation coordination, and execution management through approved partners. We are not a bank and do not underwrite, lend, or issue commitments. All work is best-efforts and subject to diligence, KYC and AML, sanctions screening, conflicts checks, definitive documentation, and lender approvals.
