The middle-market alternative to a sell-side IB.
You're raising too much to broker-shop and too little to justify a boutique investment bank's $250K retainer plus 3–5% success fee. Capital Advisory is the hybrid: we build the institutional file, curate a shortlist of 3–5 vetted lenders per capital-stack layer, and prep you for every meeting. You run the process. Upfront retainer plus a 1.5–2% success fee on capital placed — a fraction of what a sell-side IB charges.
Where Capital Advisory sits.
Broker / ISO Shop
Blasts your file to 20 lenders. Zero preparation. Best pricing loses to whichever lender is hungriest. Not built for $10M+ deals.
Capital Advisory
Institutional file + curated shortlist + meeting prep. You own the relationships. Upfront retainer plus 1.5–2% success fee on capital placed.
Boutique Investment Bank
Runs the entire process, negotiates on your behalf. $250K+ retainer plus 3–5% of capital raised. Overkill under $50M.
Every layer, matched to the right desk.
Most middle-market raises are not a single instrument. We shortlist lenders per layer so the stack actually clears at closing.
Senior Debt
$10M – $40MRegional banks, SBA 504/7(a) partners, specialty finance
ABL / Asset-Based
$5M – $30MCommercial finance companies, non-bank ABL desks
Mezzanine / Sub-Debt
$3M – $15MLower-mid-market private credit, BDCs, family offices
Acquisition Financing
$10M – $50MBank + private-credit unitranche, SBIC funds
8 to 14 weeks. Retainer + success fee.
Mandate & Positioning
Two-week discovery. We stress-test the raise, capital-stack structure, use of proceeds, and exit thesis. Deliverable: mandate memo and target-lender heatmap.
Institutional Package
CIM, financial model, QoE-ready adjustments, management bios, market comps, secure data room. Format lenders in this range actually consume — not a warmed-over SBA package.
Curated Lender Shortlist
3–5 lenders per stack layer, pre-vetted for check size, sector, and current appetite. We call our contacts before your name is on the file, so the intro warm.
Meeting Prep & Term-Sheet Support
You take every lender meeting; we prep you for each one — questions, comps, term-sheet economics, negotiation posture. When term sheets land, we pressure-test them side by side.
Raising $10M+? Start with a mandate conversation.
30-minute call. We'll tell you honestly whether Capital Advisory fits your raise, or whether Bankable File is the right entry point.