Learn Guide
Deal Assessment: Proceed or Pause
Five-pillar assessment framework before deal submission.
Assessment before submission
Every deal should pass through an assessment gate before submission to a fund. This is not about gatekeeping — it is about protecting the broker's time, the borrower's costs, and the relationship with the fund.
Submitting a deal that is not ready damages credibility with credit teams. It consumes capital allocation that could have been used for a better-prepared deal. And it costs the borrower time and money in aborted DD costs.
The five pillars
Asset quality
Is the security well-located, liquid, and likely to value at or above expectation? Does the asset type match fund appetite?
Structure and leverage
Is the LVR defensible with buffer? Is the structure simple enough to execute within the timeline? Are there unnecessary layers of complexity?
Exit certainty
Is the exit strategy evidence-based and time-aligned with the loan term? Could the borrower execute the exit even if conditions change?
Capital alignment
Are all layers of the capital stack aligned — consents, priority, enforcement, maturity? Is there a clear plan if any layer fails?
Time and execution risk
Does the timeline allow for valuation, DD, legal, and settlement with buffer? What happens if any stage takes longer than expected?
Assessment outcomes
Proceed
The deal is ready for submission. All five pillars are green or one is amber with a clear mitigation plan.
Restructure
The deal has potential but needs work. One or more pillars are amber or one is red. Address the gaps before submitting.
Pause
Multiple pillars are red. The deal is not ready. Pushing it forward now will cost more than waiting and fixing the fundamentals.
Key takeaway
Assessment is not gatekeeping. It protects credibility, saves costs, and ensures deals that go to credit committee have the best possible chance of settling.
Apply this to a real deal
Why: A five-pillar gate that tells you whether a deal is ready or needs work.
Do: Rate each pillar green, amber, or red based on your current deal.
Output: A proceed, restructure, or pause recommendation with a targeted action plan.
Deal Assessment Gate
Step 7 of 8 — Decide: proceed, restructure, or pause.
Asset quality
Structure & leverage
Exit certainty
Capital alignment
Time & execution risk
