Finance Consulting · Govern
We advise on debt structure and terms: the pricing, security, covenants and headroom that determine what the business can do once the facility is in place. The work matches facility type and tenor to the cash flows they will be serviced from, models covenant headroom under downside cases, and compares refinancing routes ahead of maturity rather than under time pressure. We prepare the information lenders require and the reporting that maintains their confidence over the life of the facility. It matters because covenant definitions and headroom, negotiable before signing, decide how much room the business has when trading is harder than planned.
In short
Debt advisory addresses borrowing structure, terms, covenants and lender relationships. The terms agreed before signing shape the flexibility the business has for years afterwards.
Start a conversationWhat we do
We match facility type and tenor to the cash flows they will actually be serviced from, rather than to what is most readily available. Funding a long-term asset with short-term debt creates a refinancing risk that need not exist. Getting the structure right at the outset avoids a problem that is expensive to unwind later.
We analyse pricing, security and covenants, and model headroom under plausible downside cases before terms are agreed. How EBITDA and net debt are defined for covenant purposes decides the real headroom, and those definitions are negotiable while the deal is live. Testing them against a downside is what reveals whether the terms on offer are genuinely affordable.
We compare refinancing routes well ahead of maturity rather than in the final weeks before a facility falls due. Approaching lenders under time pressure costs both pricing and flexibility. Starting early preserves the leverage that comes from having genuine alternatives.
We prepare the lender packs and the ongoing reporting that maintain confidence through the life of the facility. Lenders react far better to issues raised early with a plan than to surprises disclosed late. Disciplined reporting is a cheap investment in the goodwill that matters when a waiver or amendment is needed.
What you receive
Documented output your teams keep and can act on without us in the room.
When this work helps
How an engagement runs
Understand the decision, the financial context, and how finance currently operates. We establish exactly what question the engagement must answer, so a business-case review and a process redesign are not confused with one another.
Review the case, processes, controls, and reporting against what the organisation needs to rely on. We report where the numbers and processes are dependable and where they rest on assumptions that will not hold under pressure.
Set out the financial approach, process design, control set, and reporting model. Definitions, ownership, and controls are documented so the improvement does not depend on us remaining involved.
Support implementation, then track cost and benefit against what was approved. We measure realised value against the criteria agreed at the outset, so the decision is held to account rather than forgotten.
Where we work
Fidova provides finance consulting from Delhi, India, and works with organisations internationally, including group structures with entities, currencies, and reporting obligations in more than one country.
Engagements run in English, are scheduled around your time zone, and can be delivered remotely end to end, with on-site time planned where a phase genuinely benefits from being in the room.
Related services
Working capital management releases cash tied up in receivables, inventory and payables through process change rather than through one-off pushes. Cash released this way stays released, because the process that trapped it has been fixed.
Cash flow management establishes visibility and control over cash inflows, outflows and short-term liquidity. A forecast whose accuracy is never checked is a guess that nobody can safely act on.
Treasury advisory covers cash and banking structure, liquidity, currency and interest rate exposure, and the controls around payments. Exposure that has not been quantified cannot be sensibly hedged, and payments that are not controlled are where fraud enters.
Questions
Straight answers to what buyers ask us before an engagement begins.
Enquiries
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Prefer email? contact@fidovaadvisory.com
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