Zrosk Private Credit
Zrosk private credit
provides
direct lending to high growth
venture type businesses and companies that occupy the larger
end of the SME spectrum: We only fund businesses that successfully pass our KYC/Diligence process and have the following attributes
We are unashamed to state quite clearly that we are on a mission to support African founders irrespective of where they are. We believe the acute shortage of capital on the African continent also rings true for African entrepreneurs in the diaspora. We are of the view that society losses out by ignoring the ideas of over 1bn+ people (c15% of the global
population).
- Our capital is typically utilized for one of the following reasons:
We provide short term (3-24 months) transaction-specific cash flow-backed local currency debt financing. Our capital is typically utilized for one of the following population).
- Working Capital Needs
- Short Term Financing Gaps
- Balance Sheet Optimization
- Our Ideal Customer
We only fund businesses that successfully pass our KYC/Diligence process and have the following attributes:
- Clear transaction economics with sufficient transaction margins to pay interest/principal whilst leaving sufficient profit margins for sponsors.
- Healthy alternative cash flow stream which can be used to mitigate transaction risk.
- Strong healthy business with buffers to withstand unexpected shocks.
- Risk Management
We are a transaction-based credit provider with risk management at the core of our operations. We utilized best-practice risk mitigation measures across the entire lending journey.
- Sourcing and Loan Application – source within vetted networks, loan application to provide initial details on company and transaction, 1hr initial consultation, further engagement subject to initial credit appraisal.
- Credit Decision Making – multi-level deep dive with diligence report on the company, transaction, and financials.
- Structuring, Contracting & Disbursement –transaction-based structuring to align loan terms with transaction cash flows, legal documentation and CPs, borrower specific risk mitigation post disbursement strategies (i.e., escrows,guarantees, fixed/floating charges, ISPO).
- Loan Monitoring – track progress of executed transactions, compliance against loan agreements, free advisory services, and new risk identification.
- Repayment and Renewal – we do not allow automatic renewals. We try to sight or recover the principal amount before making the decision to roll over. Our documentation usually ensures the rollover option is owned by us.