# 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.

- Topic: Finance & Accounting
- Framework: RTF
- Level: Standard
- Tags: Finance, Analyze, Fill-in Template
- Source: https://www.thinkwithprompt.com/prompts/compare-loan-term-sheets-from-different-lenders-side-by-side

## Prompt

```text
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.
```

## What to fill in

- ASK LENDER

Free to copy and use. From ThinkWithPrompt (https://www.thinkwithprompt.com/), a library of 2,663 curated AI prompts.