The first question is whether the business has a clear purpose for capital, a credible commercial model, reliable information, appropriate governance, a repayment or return logic and management capacity to execute. Some businesses need growth decisions before funding. Others need preparation before a formal transaction can begin.
Identify the customer, offer, channel, pricing, capacity or execution issues that should be fixed before seeking more capital.
Clarify the amount, currency, timing, use of proceeds and measurable outcome the capital must support.
Improve the model, evidence, governance, data room and management narrative so the case can withstand diligence.
Consider debt, equity, hybrid or staged options against cash flows, ownership, risk, approvals and market conditions.
Where sufficiently prepared, enter a separately accepted issuing-house or capital-markets process with defined roles and approvals.
Separate operating liquidity, contingencies and investable surplus before considering a treasury or institutional mandate.
Use this route when the business case, financial model, governance, evidence, data room or management readiness needs strengthening. First step: Book a Capital Readiness Diagnostic.
Use this route when a sufficiently prepared issuer or sponsor is evaluating debt, equity, hybrid capital, private placement or another approved transaction route. First step: Discuss a Capital Requirement.
Use this route when the priority is revenue, market, customer, channel, partner or implementation performance. First step: Request a Growth Strategy Sprint or Market Entry Diagnostic.
Use this route when the business has material cash, reserves or surplus capital requiring liquidity, governance and reporting discipline. First step: Request a Treasury & Liquidity Review.
| Question | Prepare for Capital Raise | Capital |
|---|---|---|
| Primary Decision | Can the business and funding case withstand lender or investor diligence? | Is there an appropriate, executable capital-markets route for a sufficiently prepared issuer? |
| Responsible Company | NCDF Commercial Services Limited | NCDF Securities Limited |
| Typical Work | Diagnostics, model and assumptions, data room, governance, evidence and management preparation. | Structure, professional parties, documentation, approvals, offer or placement process and transaction coordination. |
| Initial Output | Readiness summary, priority gaps, information requirements and preparation sequence. | Indicative structure and process, mandate requirements, diligence needs and execution dependencies. |
| Important Limitation | Readiness work does not guarantee funding or acceptance of a Securities mandate. | Mandate acceptance does not guarantee investor demand, pricing, placement or transaction completion. |
Review the funding need, business case, financial information, governance, evidence and management readiness. Output: gaps, risks and preparation sequence.
For a sufficiently prepared issuer evaluating structure, professional parties, approval dependencies, timing and a possible separate Securities mandate.
Diagnose performance, make explicit growth choices and convert priorities into owners, milestones, KPIs and a 90-day execution plan.
Test customer demand, route to market, partner options, economics, regulatory dependencies and phased implementation before committing resources.
Segment operating cash, contingencies and investable surplus; examine risk, governance, counterparties and reporting before a mandate discussion.
Where a strategy or transaction decision is already approved, define workstreams, owners, milestones, dependencies and management reporting.
Legal name, country of incorporation, sector, ownership at a high level and the authorised sponsor.
After qualification, the responsible company may request financial statements, model, business plan, ownership records, board approvals, contracts, data-room index and other diligence material through a secure route.
The funding purpose, amount, use of proceeds or decision authority is not yet clear.
The business cannot provide proportionate financial information or explain material assumptions.
The request depends on guaranteed funding, guaranteed valuation, guaranteed investor participation or a fixed completion date.
Material ownership, legal, regulatory, tax, technical or environmental questions require another qualified adviser.
The opportunity is outside approved scope, conflicted, legally restricted or inconsistent with NCDF risk standards.
