Capital-Stack Builder

Debt, equity and grant layers assembled into one stack — with coverage read across the whole life of the loans, not just the first year.

What the money is for

Total funding requirement (USD) Assets, working capital and fees — everything the raise has to cover. Annual EBITDA once operating (USD) The cash the operation throws off before debt service.

Your target return on equity (%) Used only to cost the equity layer in the blended figure. Equity is not free, and a blended cost that pretends otherwise is not worth quoting.

The layers

Leave any layer at zero if it is not part of the structure. Grace is the period during which only interest is paid.

Senior debt

Commercial bank or asset finance. First claim on cash and on security.

Amount (USD) Interest rate (% a year) Tenor (years) Grace period (years) Interest-only years before principal falls due.

DFI / mezzanine debt

Development finance or subordinated debt. Longer, softer, and paid after senior.

Amount (USD) Interest rate (% a year) Tenor (years) Grace period (years) Interest-only years before principal falls due.

Sponsor equity

Your own money and any co-investor. Paid last, and only out of what is left.

Amount (USD)

Grant / concessional

Blended finance, challenge funds, catalytic capital. No return expected.

Amount (USD)