Bank financing exceeding 1 million euros
Funding for R&D and the start of industrialization
As part of their fundraising round in April 2024, SEEDERAL’s executives sought to maximize their funding by leveraging bank financing. This enabled them to finalize their financing plan for the next two years, thereby covering their research and development needs as well as the initial phase of their industrialization efforts.
Bank financing exceeding 1 million euros
Dynergie’s support was essential for SEEDERAL. It enabled the company to redefine a single-phase financing strategy to secure the project. Dynergie also facilitated discussions with banking representatives to coordinate efforts and reach an agreement acceptable to all parties. At the same time, discussions were held with BPI to work out the guarantees and address this issue for the banks.
The results
Single-phase credit approval
With Dynergie's support, SEEDERAL secured a single-phase credit agreement, thereby simplifying the financing process. The entire loan was granted as a medium-term loan.
Securing funding of more than 1 million euros
Bank leverage enabled SEEDERAL to secure financing of over 1 million euros, thereby completing its funding plan for the next two years.
Establishment of a robust banking pool
A banking syndicate has been established to provide SEEDERAL with long-term support and meet its various future financial needs.
In conclusion.
With Dynergie's support, SEEDERAL was able to secure crucial bank financing to support its R&D efforts and the launch of its industrialization. With a solid banking consortium in place, SEEDERAL is well-positioned to meet its future financial needs and continue its growth.
Sylvaine’s expertise was instrumental in determining the optimal amount of debt to raise, taking into account all key factors: recent fundraising, the project’s maturity, preparations for the next funding round, and the debt market environment. Her summary report was unanimously praised by the banks consulted: “Life would be so much easier if we received reports of this quality.”
