Real Estate Companies and Their Service Providers

Our target audience:

Asset Managers
Project Developers
Family Offices
Deal Advisors
Appraisers

Our Offering for Real Estate Sector Companies:

  • Tender for financing (Managed Service)
  • Process financing documents with AI
    (incl. creditworthiness and KYC)
  • Market Sounding
Discuss projects
Test document analysis

Full Market Transparency, Access to New Capital Providers

Up-to-date Market Information at all Times

Internal Resources Can Focus on Negotiations and Relationships

We are Measured by Success

Predominantly Success-Based Compensation

Our target group:

Banks
Savings Banks
Cooperative Banks
Credit Funds
Institutional Capital Providers

Our Offering for Capital Providers:

  • Receive financing inquiries
  • Comprehensive analysis report supplementing the financing memo
  • Have your own inquiries processed
  • KYC Analysis
Submit financing profile
Test document analysis

Receive Tailored Inquiries

We filter according to your specifications

Comprehensive, Structured Information

Review and decide faster

No Surprises

All essential parameters are clearly and neutrally described from the outset

This is how We Support your Entire Financing Process

Detailed service description

With Us, You Will Find the Right Financing

Asset Classes

Real estate financing,
all asset/risk classes incl. land banking, as well as selective infrastructure and corporate financing.

Financing

Project and existing property financing
including acquisition, conversion, developer, and bridge financing.

Capital Structure

Senior
Mezzanine
Whole Loan

Regions

Focus areas:
Germany
Austria

selectively other European countries.

Instruments

Secured Loan
Unsecured Loan
Syndicated Loan

Additional instruments available through partners.

Volume

From approx. €5 million Senior or
from approx. €2 million Mezzanine.

For borrowers who frequently raise capital, also smaller individual transactions.

Our Services in the Transaction Process

Tendering Process

Structuring, preliminary enquiry (optional)

This is What We Do for You

  • Preliminary examination
    • Discussion of the project, taking into account the current market situation
    • Ascertain the status of the project, experience and reputation of the sponsor
  • Selection of instrument and suitable investor groups
  • Define realistic transaction goals
  • Selection of investors from the investor database based on the transaction data
  • Coordination of preliminary enquiry (1-2 pages) and investor list
  • Binding agreement on the success-based fee in accordance with the price list

What We Need from the Borrower

  • Short introductory WebCo
    • Present project and status (have investors already been approached, what is the status of the acquisition process?)
    • Discuss transaction goals (LTV/LTC, conditions…)

… And that from the Investor

  • Investors are generally not involved in the structuring/preparation phase
  • If necessary, provide feedback on the preliminary enquiry as to whether there is interest in the transaction (platform, mail or telephone) and, if necessary, a preliminary indication
  • If necessary, a short telephone call / correspondence with credX to clarify interest

Preparation of Financing Request

This is What We Do for You

  • Define structure and key parameters of the transaction, taking into account the current market situation and, if applicable, the results of the preliminary enquiry
  • Request and review of the essential documents on the project, transaction participants, creditworthiness of the borrower, sponsor and, if applicable, guarantor, track record
  • Discussion of ambiguities and open points
  • Creation and coordination of the financing memorandum (data record, presented in HTML and PDF)

———————————————————–
If not already done in the preliminary enquiry

  • Coordination of investor list
  • Agreement on the success-based fee in accordance with the price list

What We Need from the Borrower

  • Provide documents for credX (selection of documents from the purchase/planning process)
  • Answer questions from credX
  • Approve preliminary enquiry and investor list, issue brokerage order
  • Usually a short telephone call/WebCo for joint evaluation

Obtain Indications

This is What We Do for You

  • Send out financing memorandum via platform, accompanied by telephone briefing of investors by credX and, if applicable, also (for individual ‘house banks’) by the borrower
  • If necessary, contact potential investors who are not yet connected (without allowing conclusions to be drawn about the specific individual transaction) and agree on confidentiality if interested
  • Daily status report
  • Answer questions
  • Evaluate feedback in the offer summary in detail, usually in conjunction with queries to the investors in order to clarify ambiguities and present offers in the same way
  • If necessary, proposals for the formation of suitable consortia
  • Determine further transaction process with the borrower
  • Select investors for term sheet phase (usually 2-3)
  • Information to investors about the outcome of the indication phase and, if applicable, further action

What We Need from the Borrower

  • If necessary, brief information to well-known investors that credX is coordinating the process
  • Track transaction on the platform using the status report
  • Answer occasional questions from credX (most of it has already been processed during the memo creation)
  • In exceptional cases, direct contact with the investor to provide first-hand information
  • If necessary, pass on indications that have been obtained bilaterally
  • Usually WebCo based on the offer summary

… And that from the Investor

  • Download financing memorandum
  • If necessary, a short telephone call / correspondence with credX to clarify questions
  • If necessary, ask questions (telephone, mail or platform)
  • Submit or reject indication within 7 – 14 days

Obtain Term Sheet

This is What We Do for You

  • Coordinate documents to be delivered with the investors (based on the standard specifications of credX, investors may make additional requirements)
  • Coordinate data delivery and ensure document quality
  • Discuss questions and answers
  • Evaluate term sheets in detail according to uniform criteria, clarify ambiguities with the investors
  • Support the borrower in evaluating the term sheets and identifying desired changes
  • Prepare negotiation (usually 1-2 WebCos), and if desired, closer support of the negotiation with investors
  • Track results and their implementation in the term sheet
  • Communicate decision to all investors who had submitted a TS

What We Need from the Borrower

  • Review and comment on consolidated list of requirements coordinated with KGs
  • Upload documents according to the list of requirements
  • Answer questions or coordinate answers with credX
  • If necessary, submit term sheets that have been obtained bilaterally
  • Discuss term sheets, prepare and conduct negotiations
  • Review and signature

… And that from the Investor

  • Investors are generally not involved in the structuring/preparation phase
  • If necessary, provide feedback on the preliminary enquiry as to whether there is interest in the transaction (platform, mail or telephone) and, if necessary, a preliminary indication
  • If necessary, a short telephone call / correspondence with credX to clarify interest

Obtain Credit Commitment

This is What We Do for You

  • Coordinate data requirements and schedule for credit decision and disbursement in detail with both parties (and, if applicable, consortia) and upload them to the platform’s document management system
  • Coordinate delivery to the data room and ensure document quality
  • Additionally on request: Upload documents to the data room by credX (e.g. from existing data room)
  • Additionally on request: Examine provided documents in more detail, support with the preparation
  • Coordinate questions and answers (Q&A)
  • Additionally on request: Discuss questions with both parties, support with the preparation of the answers

What We Need from the Borrower

  • Coordinate proposals with credX
  • Submit documents according to the list of requirements (can be commissioned for a flat fee)
  • Answer questions

… And that from the Investor

  • Coordinate proposals with credX, make additional requirements
  • Alternatively, provide overall requirement (e.g. in the term sheet)
  • Download and evaluate documents
  • Ask questions

Coordinate Documentation and Fulfil Disbursement Conditions

This is What We Do for You

  • Review draft contracts
  • Notes on unusual or critical points (without guarantee; credX also does not offer legal advice)
  • Conclusion of contract on the platform (optional)
  • Create consolidated CP list with required documents, dates, explanations if necessary, and distribution of responsibilities
  • Consolidate KYC requirements and compare them with what credX already has
  • Request additional documents (list of requirements) or procure them yourself (e.g. transparency register and commercial register excerpts)
  • Coordinate and answer questions
  • Coordinate uploading of CPs
  • Additionally on request: Examine provided documents in more detail, support with obtaining documents

What We Need from the Borrower

  • Review contracts and specify changes
  • Sign/conclude contracts
  • Upload information according to the list of requirements
  • Identification of persons acting (e.g. via PostIdent)
  • Answer questions
  • Upload documents according to CP list
  • Message to credX that disbursement has taken place

…And that from the Investor

  • Send contracts (bilateral loan agreements)
  • Sign/conclude contracts
  • Check CP list for completeness
  • Compare KYC requirements with the KYC package provided by credX
  • Receive CPs successively, comment if necessary or confirm fulfilment
  • Disburse (directly to borrower) and message to credX that disbursement has taken place

Our Services in the Transaction Process

Tendering Process

Structuring, preliminary enquiry (optional)

This is What We Do for You

  • Preliminary examination
    • Discussion of the project, taking into account the current market situation
    • Ascertain the status of the project, experience and reputation of the sponsor
  • Selection of instrument and suitable investor groups
  • Define realistic transaction goals
  • Selection of investors from the investor database based on the transaction data
  • Coordination of preliminary enquiry (1-2 pages) and investor list
  • Binding agreement on the success-based fee in accordance with the price list

What We Need from the Borrower

  • Short introductory WebCo
    • Present project and status (have investors already been approached, what is the status of the acquisition process?)
    • Discuss transaction goals (LTV/LTC, conditions…)

… And that from the Investor

  • Investors are generally not involved in the structuring/preparation phase
  • If necessary, provide feedback on the preliminary enquiry as to whether there is interest in the transaction (platform, mail or telephone) and, if necessary, a preliminary indication
  • If necessary, a short telephone call / correspondence with credX to clarify interest

Preparation of Financing Request

This is What We Do for You

  • Define structure and key parameters of the transaction, taking into account the current market situation and, if applicable, the results of the preliminary enquiry
  • Request and review of the essential documents on the project, transaction participants, creditworthiness of the borrower, sponsor and, if applicable, guarantor, track record
  • Discussion of ambiguities and open points
  • Creation and coordination of the financing memorandum (data record, presented in HTML and PDF)

———————————————————–
If not already done in the preliminary enquiry

  • Coordination of investor list
  • Agreement on the success-based fee in accordance with the price list

What We Need from the Borrower

  • Provide documents for credX (selection of documents from the purchase/planning process)
  • Answer questions from credX
  • Approve preliminary enquiry and investor list, issue brokerage order
  • Usually a short telephone call/WebCo for joint evaluation

Obtain Indications

This is What We Do for You

  • Send out financing memorandum via platform, accompanied by telephone briefing of investors by credX and, if applicable, also (for individual ‘house banks’) by the borrower
  • If necessary, contact potential investors who are not yet connected (without allowing conclusions to be drawn about the specific individual transaction) and agree on confidentiality if interested
  • Daily status report
  • Answer questions
  • Evaluate feedback in the offer summary in detail, usually in conjunction with queries to the investors in order to clarify ambiguities and present offers in the same way
  • If necessary, proposals for the formation of suitable consortia
  • Determine further transaction process with the borrower
  • Select investors for term sheet phase (usually 2-3)
  • Information to investors about the outcome of the indication phase and, if applicable, further action

What We Need from the Borrower

  • If necessary, brief information to well-known investors that credX is coordinating the process
  • Track transaction on the platform using the status report
  • Answer occasional questions from credX (most of it has already been processed during the memo creation)
  • In exceptional cases, direct contact with the investor to provide first-hand information
  • If necessary, pass on indications that have been obtained bilaterally
  • Usually WebCo based on the offer summary

… And that from the Investor

  • Download financing memorandum
  • If necessary, a short telephone call / correspondence with credX to clarify questions
  • If necessary, ask questions (telephone, mail or platform)
  • Submit or reject indication within 7 – 14 days

Obtain Term Sheet

This is What We Do for You

  • Coordinate documents to be delivered with the investors (based on the standard specifications of credX, investors may make additional requirements)
  • Coordinate data delivery and ensure document quality
  • Discuss questions and answers
  • Evaluate term sheets in detail according to uniform criteria, clarify ambiguities with the investors
  • Support the borrower in evaluating the term sheets and identifying desired changes
  • Prepare negotiation (usually 1-2 WebCos), and if desired, closer support of the negotiation with investors
  • Track results and their implementation in the term sheet
  • Communicate decision to all investors who had submitted a TS

What We Need from the Borrower

  • Review and comment on consolidated list of requirements coordinated with KGs
  • Upload documents according to the list of requirements
  • Answer questions or coordinate answers with credX
  • If necessary, submit term sheets that have been obtained bilaterally
  • Discuss term sheets, prepare and conduct negotiations
  • Review and signature

… And that from the Investor

  • Investors are generally not involved in the structuring/preparation phase
  • If necessary, provide feedback on the preliminary enquiry as to whether there is interest in the transaction (platform, mail or telephone) and, if necessary, a preliminary indication
  • If necessary, a short telephone call / correspondence with credX to clarify interest

Obtain Credit Commitment

This is What We Do for You

  • Coordinate data requirements and schedule for credit decision and disbursement in detail with both parties (and, if applicable, consortia) and upload them to the platform’s document management system
  • Coordinate delivery to the data room and ensure document quality
  • Additionally on request: Upload documents to the data room by credX (e.g. from existing data room)
  • Additionally on request: Examine provided documents in more detail, support with the preparation
  • Coordinate questions and answers (Q&A)
  • Additionally on request: Discuss questions with both parties, support with the preparation of the answers

What We Need from the Borrower

  • Coordinate proposals with credX
  • Submit documents according to the list of requirements (can be commissioned for a flat fee)
  • Answer questions

… And that from the Investor

  • Coordinate proposals with credX, make additional requirements
  • Alternatively, provide overall requirement (e.g. in the term sheet)
  • Download and evaluate documents
  • Ask questions

Coordinate Documentation and Fulfil Disbursement Conditions

This is What We Do for You

  • Review draft contracts
  • Notes on unusual or critical points (without guarantee; credX also does not offer legal advice)
  • Conclusion of contract on the platform (optional)
  • Create consolidated CP list with required documents, dates, explanations if necessary, and distribution of responsibilities
  • Consolidate KYC requirements and compare them with what credX already has
  • Request additional documents (list of requirements) or procure them yourself (e.g. transparency register and commercial register excerpts)
  • Coordinate and answer questions
  • Coordinate uploading of CPs
  • Additionally on request: Examine provided documents in more detail, support with obtaining documents

What We Need from the Borrower

  • Review contracts and specify changes
  • Sign/conclude contracts
  • Upload information according to the list of requirements
  • Identification of persons acting (e.g. via PostIdent)
  • Answer questions
  • Upload documents according to CP list
  • Message to credX that disbursement has taken place

…And that from the Investor

  • Send contracts (bilateral loan agreements)
  • Sign/conclude contracts
  • Check CP list for completeness
  • Compare KYC requirements with the KYC package provided by credX
  • Receive CPs successively, comment if necessary or confirm fulfilment
  • Disburse (directly to borrower) and message to credX that disbursement has taken place