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    Debt & Blended Finance

    Debt and blended finance is funding growth through working capital lines, venture debt and mixed instruments instead of selling more equity in the company.

    Capability · 1 service within this

    In Growth Strategy: Fund the Plan

    Services within Debt & Blended Finance

    Structure the right capital without unnecessary dilution.

    What Debt & Blended Finance delivers

    Structure the right capital without unnecessary dilution.

    • Debt Advisory

      Identify financing options suited to your business.

      • Working capital financing
      • Growth capital
      • Term loans
      • Structured debt
      • Venture debt
      • Project financing

    • Blended Finance

      Combine multiple funding sources to improve capital efficiency.

      • Equity and debt structuring
      • Grant-linked financing
      • Development finance
      • Catalytic capital
      • Impact financing
      • Co-financing structures

    • Financial Readiness

      Strengthen your financial foundation before engaging lenders.

      • Cash flow planning
      • Financial projections
      • Credit readiness
      • Financial restructuring
      • Debt servicing analysis
      • Risk assessment

    • Transaction Support

      Manage the financing process efficiently.

      • Documentation support
      • Lender coordination
      • Due diligence preparation
      • Negotiation support
      • Financial information management
      • Closing assistance

    Our Process

    Every financing decision begins with understanding your business model, cash flows, and long-term capital requirements.

    1. 01

      Assess

      Evaluate business model, cash flows, and financing needs.

    2. 02

      Structure

      Design the optimal capital structure and funding mix.

    3. 03

      Prepare

      Build financial and documentation readiness for lenders.

    4. 04

      Execute

      Coordinate the process end-to-end through closing.

    Why SRF for Debt & Blended Finance

    • Independent capital advice
    • Capital structure optimisation
    • Strong financial preparation
    • Reduced financing risk
    • End-to-end execution support

    Where we have done this

    Consumer / D2C

    Building Investor Readiness for a D2C Brand

    Designed unit economics, cohort analytics, and a fundraising data room that anchored the next funding round.

    Closed oversubscribed Series A

    Manufacturing

    Operational Turnaround for a Manufacturing Scale-up

    Implemented financial controls, governance, and an FP&A function that restored margins and prepared the business for global expansion.

    240 bps margin expansion

    Climate Tech

    Capital Strategy for a Climate-Tech Founder

    Planned grants, a venture loan and equity, raised in stages, to give the company more months of cash without giving up more shares.

    24 months of runway secured

    What our research says about Debt & Blended Finance

    Put the concessional layer in first, in the right place, and it does the heavy lifting of de-risking everything above it. Done well, a small slice of patient money changes the price and the availability of all the capital that sits on top of it.

    Sriram Chidambaram, in The Capital Most Founders Never See

    In a business running on 60 to 120 day terms, a sale you haven't collected is an expensive loan you never meant to give.

    Sriram Chidambaram, in RevenueOS for manufacturing

    Here is the uncomfortable truth: a company can be profitable on paper and insolvent in practice, and the gap between the two is almost always hiding in inventory.

    Sriram Chidambaram, in One stack, many shapes

    In our experience a polite, factual note to the buyer's finance head referencing the disallowance moves money faster than six follow-ups to the procurement contact.

    Sanskriti Jhaveri, in The MSME owner's guide to getting paid, funded and sold

    Guides and downloads on Debt & Blended Finance

    E-books and masterclass material from the SRF library, free to download.

    The people behind Debt & Blended Finance

    Debt & Blended Finance is run by the studio team: one multidisciplinary team whose pods work in tandem, matched to the sector and the stage the company is in.

    Haripriya V

    Investment Banking pod

    Led by Haripriya V

    Lead - Investment Banking & Business Growth. Manages transactions and strategic capital events.

    See the pod structure
    Studio TeamThe operators, investors and builders who run engagements end to end.Meet them

    Where we apply Debt & Blended Finance: the industries this capability serves

    What usually runs alongside this