Consider when choosing a Financial Advisory Company to manage your funding

 As individuals, we all desire to grow in our lives. We look forward to achieving our dreams. For any dream project to come true- along with hard work, we also need funding. Not all of us may be equipped with the required finances or financial knowledge needed. Hence it is best to avail the services of a reputed

Financial Advisory Company that can partner with us and help us move forward.

If you look up online, dozens of financial advisory companies will pop up. How do you choose which is the best? You can look at the following factors for reference.

Experience of the company

The longer the company has been around, the more experience they will have and the more customers they would have served. An experienced financial advisory company will have an in-depth understanding of the different intricate factors that go into a project. They will be able to better understand your vision, grasp the nuances and help you make it a reality.

Providing Transaction Advisory

The financial advisory partner you choose should be able to provide transaction advisory services to your project. This means that they can come on board at any stage of the project development and fit seamlessly into the process, picking it up from where you are and taking it forwards.

Be Able to Handle Projects in Different Sectors

The company should be able to offer financial advisory services across multiple sectors. They should have a team of experts who can understand the unique challenges of each sector. The team should contribute to the structuring of the project and guide you in raising finances for the same. Look for companies who have dabbled in different projects like Renewable Energy Project Funding, Mergers & Acquisitions Project Funding, Greenfield Projects etc.

Versatility of Services

The company you choose should be able to offer it all – under one roof. This helps you to focus on one vendor, without having to run around wasting valuable time. Look for a company that guides you across the different stages like project development (Advice on bid strategy, conceptual framework, procurement services); Debt structuring (Advice on financial modelling, feasibility, bank due diligence) and Execution (Support with reviews and reports).

Programme Management Office (PMO) 

A company offering PMO services will have the core capability in multiple fields – financial advisory, transaction advisory, risk management and financial modelling. Such a company can assist you to achieve your business goals by providing a varied project portfolio for you. They will look for a project portfolio that is aligned with your long-term goals. They then assign financial value to these projects, rate and prioritize them as per efficiency. The process is entirely transparent and all the stakeholders are on board with it. They will also continuously monitor the progress through reviews and reports.  Choose such a company that can guide your business and support you through and through – from idea conception to project completion and financial value realization.

The above are some factors that can help you decide which financial advisory company to pick, for your project/business. Do your homework and research carefully and talk to existing customers of the company you plan to pick. Real customers will give you a far better idea of how the company works and this can also help you make your decision easily.