Test Inbox Deal

Solar Test GmbH · DE · Active

M
Medium Confidence

Some data gaps or assumptions — review before distributing.

Information completeness3 verified · 6 assumed · 1 pending
Assessment coverage4 criteria evaluated
Mandate Alignment
Investor Appetite
Sponsor Credibility
InvestEU Window
Data gaps (1)
TermDebt Sizing

Alter5 Assessment

CONDITIONAL GO

Alter5 Fit

72/100

Investor Appeal

88/100

Headline Terms

TermValueTagNote
Tenor3–7 yearsCONVENTION⚠️ Fallback convention applied. No Germany-specific solar corporate convention in DB. Treat as indicative only pending DE market data.
Amount5,000,000CONFIRMEDRequested amount as submitted by sponsor.
CurrencyEURCONFIRMED
Debt SizingPENDING🔴 BLOCKING — EBITDA not provided. Cannot calculate bank max (EBITDA × 4.0x) or fund max (EBITDA × 5.0x). Sizing and lender segment cannot be confirmed.
Pricing Bank200–400 bpsCONVENTION⚠️ Fallback. DE/solar-specific bank pricing convention not found.
Template Keycorp_standardCONFIRMEDVanilla corporate loan. No external guarantee or asset pledge. Sized on EBITDA/leverage.
Upfront Fee Bank50 bpsCONVENTIONFallback only.
Pricing Debt Fund400–800 bpsCONVENTION⚠️ Fallback. DE/solar-specific debt fund pricing convention not found.
Upfront Fee Debt Fund100 bpsCONVENTIONFallback only.
Eif Guarantee StructureEIF Sustainability Portfolio Guarantee (up to 70% guarantee rate) — PENDING ELIGIBILITY CONFIRMATIONCONVENTIONInvestEU Sustainability window B.2.1 identified for solar sector. Max EUR 7,500,000 per Final Recipient (standard). Available via EIF financial intermediaries only (Nomura, Ibercaja, China Construction Bank in shortlist). Subject to confirmation of SME or Small Mid-Cap category.

Critical Q&A — 12 questions

What is Solar Test GmbH's EBITDA for the last 3 financial years (current, n-1, n-2)?

BlockingStructure Financials· debt_sizing

What is the purpose / use of proceeds for the EUR 5M loan?

BlockingStructure Financials· purpose

What existing financial indebtedness does Solar Test GmbH carry (net debt)?

BlockingStructure Financials· debt_sizing

What is the current, n-1, and n-2 headcount (FTE employees)?

BlockingEif Eligibility· eif_eligibility

What are the total revenues for current, n-1, and n-2 years (EUR)?

BlockingEif Eligibility· eif_eligibility

What are the total assets (balance sheet) for current, n-1, and n-2 years (EUR)?

BlockingEif Eligibility· eif_eligibility / sizing

What is the full shareholder structure (names, entity types, % ownership)?

BlockingEif Eligibility· eif_eligibility

What is the desired tenor and repayment profile (bullet, amortising, sculpted)?

ImportantStructure Financials· tenor / repayment

What security package is proposed (share pledge, asset pledge, cash flow assignment)?

ImportantStructure Financials· security_package

Can the sponsor provide audited financial statements or recent management accounts?

ImportantStructure Financials· all financial terms

What is the sponsor's track record in solar / energy transition development?

ImportantSponsor Project· sponsor credibility

Is Solar Test GmbH's operating location in an EU Cohesion or Just Transition Fund region?

ImportantEif Eligibility· eif max_ticket

Analysis Info

Statuscomplete
ProductCorp Standard
Lender segmentbroad
Run on5 Apr 2026

Re-running will overwrite the current draft analysis.

Matched Investors

(10)
1Tres Mares Capital Corporate Lending - CL - HSD
GeographySectorTicket sizeReturn profile

Top scorer. Solar sector aligned. EUR 5M within ticket range. High-single-digit return mandate matches broad corporate profile.

92
2Capital Four
GeographySectorTicket size

Solar sector alignment. EUR 5M within range. No geography restriction.

82
3NomuraEIF
GeographySectorTicket size

Solar sector alignment. EUR 5M within range. EIF intermediary — prioritise if InvestEU Sustainability window confirmed.

82
4Finlight
GeographySectorTicket size

Solar sector alignment. EUR 5M within range.

82
5IbercajaEIF
GeographySectorTicket size

Solar sector alignment. EUR 5M within range. EIF intermediary — prioritise if InvestEU Sustainability window confirmed.

82
6Arcano Debt
GeographySectorTicket size

Solar sector alignment. EUR 5M within range.

82
7IFM Debt
GeographySectorTicket size

Solar sector alignment. EUR 5M within range.

82
8Kartesia Corporate Lending - CL
GeographySectorTicket size

Solar sector alignment. EUR 5M within range.

82
9HAUCK AUFHÄUSER LAMPE Debt
GeographySectorTicket size

Solar sector alignment. EUR 5M within range. Germany-headquartered lender — potential DE market advantage.

82
10China Construction BankEIF
GeographySectorTicket size

Solar sector alignment. EUR 5M within range. EIF intermediary.

82