Architecture

The control stack that makes transactions work.

Every Frontier programme is built so that money and goods move in a controlled, visible way from day one. This is the structural foundation of every transaction we arrange.

Cash control

Cash from sales and programme revenues flows into pre-agreed, controlled accounts. This gives lenders line-of-sight on collections and prevents leakage. Account-control agreements govern who can instruct, how funds are released, and under what conditions.

Independent collateral management

A third-party collateral management agent verifies stock in and out, issues release notes, and reports exceptions. Custody and inventory movements are objective and independently verified.

Delivery-versus-payment settlement

Goods only release when payment is confirmed. This reduces settlement risk on both sides and creates a clean audit trail.

Structured reporting

Monthly lender packs cover availability versus borrowing base, variances, exceptions, covenant headroom, and FX/hedge coverage. Daily cash reconciliations available where required.

Exception handling

Pre-defined thresholds trigger alerts. Items that breach a limit are paused or frozen until cured. Material issues escalate within one business day.

Step-in readiness

If performance falls below agreed levels, lenders can step in to tighten controls or change release conditions under documented procedures — protecting the lender's position without disrupting operations unnecessarily.

Governance

Programme structure.

Each programme is implemented through a ring-fenced special purpose vehicle. A master SPV is owned by the funding investors and Frontier-affiliated entities as programme manager. A wholly-owned local mirror SPV contracts in-country.

Corporate anchors and sovereign borrowers do not own the financing SPV as this preserves investor control and bankruptcy remoteness. However, borrowers are granted contractual observer and information rights, including visibility on cash flows, collateral manager reporting, and key programme decisions.

Master Framework Agreement Account Control Agreement Collateral Management Agreement Eligibility Rules Reporting Templates
Seven stages

The process, from mandate to disbursement.

Each stage produces a tangible deliverable. The indicative end-to-end timeline is 10–16 weeks, subject to documentation readiness and jurisdictional approvals.

1
Stage 1
Pre-qualification & mandate
We review the project teaser, confirm alignment with our capital network's appetite, and issue or receive a formal mandate.
1 week
2
Stage 2
Desk valuation & review
Internal assessment of the borrower's fiscal or financial position, credit profile, and project viability. Determines indicative structure, pricing range, and credit enhancement requirements.
1–2 weeks
3
Stage 3
Pre-due-diligence & documentation
Coordinate production of the full documentation set — feasibility study, financial model, legal opinions, ESG assessment — working with Big-4 advisory firms and specialist counsel. Sovereign support package or corporate credit enhancement is structured during this phase.
3–4 weeks
4
Stage 4
Site inspection & meetings
Physical site visit where required, meeting with key counterparties at the ministerial or executive level, and validation of operational assumptions on the ground.
1 week
5
Stage 5
Lender DD, term sheet & credit committee
The transaction package is presented to the capital network's credit committee. Upon approval, a term sheet is issued to the borrower. The structuring milestone becomes payable at this point (the first time any Frontier fee is triggered).
2–3 weeks
6
Stage 6
Legal compliance & execution
Legal opinions are finalised, sovereign or corporate support instruments are executed, and compliance checks are completed across all jurisdictions.
1–2 weeks
7
Stage 7
Disbursement
First tranche is disbursed to the borrower. The balance of Frontier's arrangement fee is payable at this point. Subsequent tranches follow the agreed disbursement schedule, typically over 60–120 days.
40–50 days post-signing
Fees

How our fees work.

Frontier's fee is deliverable-based. No payment is due until Frontier has produced a tangible work product.

The structuring milestone is payable only upon delivery of a credit committee-approved term sheet. The balance is payable only upon first tranche disbursement to the borrower. The structuring milestone is credited in full against the total fee i.e., it reduces the close payment; it does not add to it.

Third-party costs (legal counsel, credit rating agency, Big-4 advisory) are paid directly by the client to the named service provider. Frontier does not intermediate or mark up these costs.

Frontier's fee reflects a scope of work that goes well beyond introductions: full programme management, documentation coordination across multiple jurisdictions, credit enhancement structuring, capital placement across multiple providers, and ongoing post-close programme oversight. Fee structure and economics are discussed during the engagement phase.

"Frontier does not charge upfront fees. No payment is due until a credit committee-approved term sheet is in the borrower's hands."
— Frontier Capital Advisors
At term sheet delivery Structuring milestone
At first disbursement Balance of arrangement fee
Upfront fees None
Third-party costs Paid direct to provider

Ready to move forward?

Send your project teaser, development brief, or term of reference to begin.

funding@frontiercf.com

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