Structured Thinking. Disciplined Execution.
Complex transactions rarely follow a straight line.
They require commercial judgement, financial analysis, regulatory awareness, capital-provider alignment and disciplined coordination across multiple stakeholders. At Maruvada, we approach every mandate as an integrated transaction — not as a sequence of disconnected activities.
We begin with the financing requirement, understand the underlying business and transaction, determine the appropriate capital architecture and then coordinate the path toward execution.
How We Approach Every Mandate
We start with the transaction, not the product.We seek to understand the business, its capital requirement, existing obligations, asset and cash-flow profile, transaction objectives and the factors that will influence lender or investor appetite.
Only after understanding the requirement do we determine the appropriate financing route.
Capital-provider access is most effective when the opportunity is presented to the right institutions. We map the financing requirement against relevant banks, NBFCs, AIFs, credit funds, private-credit platforms, family offices and international capital providers.
The objective is targeted engagement based on mandate, risk appetite, structure, ticket size and transaction characteristics.
Regulatory considerations should not become a late-stage obstacle.
Where relevant, RBI, FEMA, foreign-exchange and other regulatory requirements are considered alongside commercial negotiations and transaction structuring.
This allows potential constraints to be identified early and incorporated into the financing architecture.
Our involvement does not end when commercial terms are agreed. We coordinate the relevant stakeholders through documentation, security creation, conditions satisfaction and drawdown.
Where applicable, the relationship continues through covenant, reporting and cash-flow monitoring.
Six Stages. One Coordinated Transaction.
ORIGINATION
Define the requirement
The process begins with the mandate, confidentiality arrangements and an understanding of the borrower’s profile, transaction objective and financing requirement.
We develop the initial credit-positioning framework required for capital-provider engagement.ARM’S-LENGTH PROCESS
Find the right capital and align the terms
We map relevant capital providers, initiate targeted outreach and manage the commercial dialogue.
This can include lender discussions, term-sheet development, pricing, structure, tenor and other key commercial considerations.
REGULATORY
Address regulatory requirements early
For relevant transactions, RBI, FEMA, ECB, foreign-exchange and other applicable regulatory considerations are incorporated into the process.
The objective is to ensure that the proposed structure remains executable within the applicable regulatory framework.Understand and manage transaction risk
We evaluate the key financial and structural risks associated with the transaction.
Depending on the mandate, this can include FX exposure, hedging strategy, security architecture, repayment capacity and other transaction-specific risk considerations.SECURITY
Create the framework that supports the financing
Security arrangements are coordinated according to the agreed structure and lender requirements.
Where applicable, this may include asset or receivables security, charge registration, escrow or TRA arrangements and security perfection.EXECUTION & MONITORING
Move from agreed terms to funded close
The final stage brings together documentation, conditions precedent, security completion and drawdown coordination.
Where applicable, post-close covenant, reporting and cash-flow monitoring continue as part of the transaction relationship.Bringing the Right Expertise Together
Complex financing requires different forms of expertise to work together.
Structuring Advisor
CREDIT Understanding borrower quality, repayment capacity, collateral, sector considerations and lender credit requirements.
STRUCTURING
Developing the financing architecture around the transaction, including instrument selection, tenor, security and cash-flow considerations.
CAPITAL
Identifying and engaging relevant institutional and alternative capital providers based on their mandate and appetite.
REGULATORY
Addressing applicable RBI, FEMA, ECB, foreign-exchange and other regulatory considerations.
TREASURY & RISK
Considering currency exposure, hedging, liquidity, asset-liability and other financial-market risks where relevant.
EXECUTION
Coordinating lenders, advisors, legal counsel, trustees and other stakeholders through the closing process.
Connected To Diverse Sources Of Capital
Maruvada’s capital-provider engagement is driven by transaction fit.
Depending on the mandate, the capital universe may include:
- Banks – Institutional senior debt and project or corporate financing.
- NBFCs – Structured and institutional lending across selected requirements.
- AIFs & Credit Funds – Private and structured credit for specialised financing situations.
- Private-Credit Platforms – Bespoke capital for transactions requiring differentiated structures or risk assessment.
- Family Offices – Selective private capital across identified opportunities.
- International Capital – Cross-border financing and eligible offshore capital structures.
The objective is not maximum circulation of a proposal.
It is relevance.
Presenting the Transaction Clearly
Capital providers need to understand the transaction quickly and with sufficient depth to make an informed assessment.
We therefore focus on how the financing requirement is presented — including the business profile, transaction rationale, financial information, security position, cash-flow profile and proposed structure.
The objective is to create a clear line between:
The Requirement → The Structure → The Risk → The Capital Provider → The Path to Repayment
A well-positioned transaction allows commercial and credit discussions to begin from a stronger foundation.