The Turkish credit market is heavily populated and is competitive and liquid at the same time for conventional products. However, project finance or long term financing is a different story. Knowing the limited number of players in Turkey and access to alternative lenders market in Europe could be tested.

European direct lending funds have nearly 50Bn Euros of capital dedicated to private debt. These alternative lenders markets are now functional in 18 countries, with the UK leading in volumes. Preparedness is the key as only selected cases can be structured and introduced to institutional lenders. Key requirements include; audited reports, rating results and normal net Debt/Ebitda ratios.

 

If an optimal capital structure is agreed, the process is custom designed and normally completed within 14-16 weeks.