Compare loan term sheets from different lenders side by side
A side-by-side comparison of financing offers by true cost, flexibility, and risk, with negotiation points.
The prompt
Help me compare financing term sheets from different lenders.
Our situation: [purpose of the financing, amount needed, current debt, cash flow profile]
Term sheets: [PASTE key terms for each: facility type, amount, interest rate and margin, fees (arrangement, commitment, exit, prepayment), tenor, amortization, security, covenants, warrants or equity kickers, reporting requirements]
What matters most to us: [e.g. flexibility to raise more, low cash cost, no personal guarantees]
Steps:
1. Calculate the all-in cost for each offer over the expected life, including fees and any equity value given away. State assumptions such as expected draw and repayment timing.
2. Compare flexibility: prepayment terms, covenant tightness against our forecast, restrictions on further debt, dividends, or acquisitions.
3. Compare risk: security and guarantees, cross-default, material adverse change clauses, change-of-control terms.
Return:
- A comparison table: Term | Lender A | Lender B | Lender C | Which is better and why.
- All-in annual cost for each.
- Red flags in each offer.
- The 5 most valuable points to negotiate with our preferred lender, with suggested asks.
- A recommendation with reasoning.
Use only terms I provide; mark unknowns [ASK LENDER]. Have legal counsel review the final documentation.
Highlighted [brackets] are blanks to replace with your own details.
Fill in the blanks and use this promptMore Finance & Accounting prompts
What to fill in
- ASK LENDER
How this prompt is built
This prompt follows the RTF structure (Role, Task, Format). RTF tells the model who to be, what to do and what shape the answer should take. It is the quickest structure that still gives noticeably better results than a bare request.
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