Pre-IPO Financing

For both USA and International Companies – Company-Level Debt Before a Public Offering

For $1MM (USD) to $5 Billion (USD) Pre-IPO Funding Requests

The network we have developed over the last 26 years is comprised of many Funders.

Pre-IPO Financing: A company preparing to go public often needs capital before the offering, to complete a project, build up assets or simply carry the business through a long IPO process. If the offering is delayed or comes in smaller than planned, that need can become urgent. Commercial Funding International, LLC ("CFI") helps companies secure pre-IPO financing through our network of Funders.

Please note: our pre-IPO financing is company-level and project-level funding. We do not provide loans to employees or shareholders against their pre-IPO stock or stock options.

At a Glance:

Funding Amounts: $1MM to $5 Billion (USD) and larger; preference for $10MM and larger; $10MM minimum for projects outside the USA.
Geographic Area: USA and USA-friendly countries worldwide.
Project Types: Pre-IPO bridge loans, asset-based loans, project-level debt and equity for companies planning a public offering.
Typical Terms: 7.5% to 10%+ interest; 20 to 30 year amortization.
Leverage: Up to 75% senior debt; up to 90% combined with equity from our network.
Final Terms: Determined by project, loan amount and findings during formal underwriting.

Types of Pre-IPO Capital Available:

Pre-IPO Bridge Loans: Short-term capital until the offering or permanent financing is in place. See Bridge Loans.
Asset-Based Loans: Loans secured by real estate, equipment, receivables, contracts and other assets. See Asset-Based Loans.
Project-Level Debt: Debt for a specific plant, facility or development, sized to its future cash flow.
Mezzanine Financing: Subordinate capital to fill the gap between senior debt and equity.
Joint Venture Equity: Equity partners from our network for a specific project. See Joint Ventures.

When Pre-IPO Financing Makes Sense:

Funding a Project Now: Starting construction or an acquisition without waiting for a public market window.
IPO Delay: Keeping the business and its projects moving if the offering is postponed.
Smaller Raise Than Planned: Filling the gap if the IPO raises less than expected.
Stronger Position: Completing a project first, so the company goes public with more assets and cash flow.

What Our Funders Look For:

Clear Exit: A credible repayment plan, whether the IPO, a refinance or a sale.
Assets or Cash Flow: Collateral, contracts or a forecast of strong cash flow from future operations.
Financials: Current financial statements and projections.
Management: An experienced management team and a viable business plan.
Equity: Equity already invested or available in the company or project.

Whether it be an early-stage or an advanced project, the project needs to make sense. Our goal is to structure a deal that makes sense for everyone. For a deeper comparison, read our article IPO vs. Private Funding, and see Private Funding and Unique Capitalization.

Pre-IPO Financing FAQ

What is pre-IPO financing?
Pre-IPO financing is capital a company raises before its initial public offering, such as a bridge loan, asset-based loan or project-level debt, to fund the business or a project until the offering or permanent financing is in place.

Do you offer pre-IPO stock loans for employees?
No. Our pre-IPO financing is company-level and project-level funding. We do not lend to employees or shareholders against pre-IPO stock or stock options.

What size pre-IPO funding requests does CFI finance?
Our Funders consider requests from $1MM to $5 Billion (USD) and larger. We prefer projects of $10MM and larger, and the minimum for projects outside the USA is $10MM.

How is a pre-IPO loan repaid?
Funders want a clear exit, such as proceeds from the IPO, a refinance into permanent financing, or the sale of an asset. Our Funders can also factor in the cash flow from future operations.

What are typical terms for pre-IPO financing?
Terms are determined by the company, the loan amount, the collateral and findings during formal underwriting. Short-term bridge capital generally costs more than long-term project debt.

What do I need to send to get started?
Please email a 1 to 5 page Executive Overview covering the company, the planned IPO and timing, the use of funds, collateral, total project cost, the amount requested and the sponsor team, or feel free to call us first at (503) 245-2789.

BROKER INQUIRIES ARE WELCOMED AND APPRECIATED. Please see our Referral Program.

IMPORTANT: If you are serious about securing funding, please email us a 1 to 5 page Executive Overview or feel free to call us first. You can also reach us through our Contact Us page.

Commercial Funding International, LLC
Mr. Jerry O'Neill, Managing Member
1703 S Oak Grove Ave., Springfield, MO 65804

"Real. Smart. Funding Solutions."

Office: (503) 245-2789
E-mail: ajoneill@commercialfundinginternational.com

Commercial Funding International and CFI are a Trademarks of Commercial Funding International, LLC.