The SILC Group is equipped to offer a diverse range of traditional and specialised lending solutions and services which amongst others, include:
- Debt Structuring
- Property Funding
- Commercial Lending
- Project Financing
- Syndicated Loans
Serving as a partner and provider of capital, we work closely with our borrowing clients and adapt our approach to meet their needs.
SILC Credit Fund
Given the volatility, risk and uncertainty in global financial markets, access to debt capital from the traditional banking channels has become more difficult for projects, assets and commercial enterprises. As world economies have experienced heightened levels of unpredictability and uneasiness, businesses have sought to de-risk their balance sheets and trading activities by diversifying their funding sources through various ‘non-traditional’ channels and structures.
The SILC Credit Fund is a specialist alternative lending fund that can flexibly provide projects, sponsors and assets with access to commercial lending solutions to meet their capital requirements.
Please click here for further information: SILC Credit Fund Borrower Fact Sheet
Borrowers who are seeking alternative sources of funding can do so via syndicated loans. A syndicated loan is a process of bringing together a group of lenders and comes into play when the funding required by a borrower is too large an exposure for a single lender. To overcome this, a syndicated loan is arranged so that multiple lenders are able to share the loan and associated risks. The borrower on the other hand, is also able to spread its funding risk amongst different lenders. Syndicated loans generally operate like an ordinary loan – there is an interest rate and a repayment date or schedule.
The SILC Group acts as arranger, facility agent and security trustee of syndicated loans whereby we arrange a panel of financial institutions to jointly provide the loan and we also act as the intermediary between the borrower and lenders to facilitate the process throughout the life of the loan, ensuring our clients have a single point of contact.
The SILC Group offers a loan arranging service where it provides the borrower guidance on the type of facilities that it may require and structuring the broad terms of those facilities. Once the framework of the borrower’s requirements is formed, The SILC Group organises a panel of lenders to provide the facilities and assists the client in negotiating the terms with those lenders.
The SILC Group can act as facility agent to facilitate the process of administering the loan facilities on a day to day basis. As facility agent The SILC Group carries out a number of functions including:
- The borrower’s and lenders main point of contact
- Monitoring the borrower’s compliance with the terms of the facility
- Receiving notices and requests on behalf of the lenders from the borrowers
- Calculating fees, interest and principal payments due and providing notices to the parties
- Co-ordinate the receipt and distribution of funds to the relevant parties
- Managing requests from the borrower and decisions from the lenders
This facility agent function is carried out separately to the arranging services and security trustee role.
Loan Management Services
The SILC Group offers loan management services which includes:
- Credit assessment
- Loan and security documentation
- Borrower management
- Loan administration (fee and interest calculation, disbursement of payments received, and ongoing compliance monitoring)
- Investor/lender management and reporting
- Loan default management