Approach

About Be-Spoke Capital

18 full time professionals

More than 50 transactions completed across 17 industries

Diversified footprint across Spain

Long standing institutional origination partnerships

Robust underwriting process supported by professional advisors

Experienced management team with a proven track

International team on the ground, with an established presence in Spain

Scalable opportunity for pan-European solution

Investment
Strategy

Be-Spoke Capital provides senior secured and unsecured loans to lower-mid market companies in Spain.

Target borrowers:

  • Operations within Spain.
  • Specific sector focus in a post COVID-19 environment.
  • Regional leaders, with proven track records, sustainable business models and resilient cash flows.
  • Mitigants to sector cyclicality sought: diversification, hedging, integration and competitive advantages.
  • We aim to fund borrowers with sustainable leverage in a growth stage of their business.
  • Ticket sizes range from €3m – €15m.
  • Flexible use of funds, although we generally finance growth capital, CAPEX, buy outs and debt refinancing.

Lending Philosophy

  • We aim to position ourselves as a repeat lender and long-term partner for borrowers with growth potential.
  • We provide flexibility in the use of funds to complement bank funding options available to borrowers.
  • We use a direct approach and require immediate access to key decision makers.
  • We believe in a collaborative approach throughout the underwriting process and focus on gaining a thorough understanding of the business in order to become a long term partner.
  • Extensive bottom-up analysis of borrowers with a thorough, multi-stage credit process.

Value-Add

  • Significant experience in direct lending, credit, private equity, corporate finance and restructuring allows us to deliver collaborative, proactive solutions to prospective borrowers and their funding needs.
  • Able to execute on an expedited basis as the credit process can be completed within 6-8 weeks, depending on the complexity.
  • Flexible terms with grace periods, custom amortization schedules and tenors of up to 6 years.
  • Generally no personal guarantees are required.
  • Diverse and extensive professional network which allows us to introduce borrowers to other alternative finance providers and help source creative solutions where necessary.