What IMF do?

it assumes the risk of insolvency of the assigned credits and in the event of default by the debtor, he cannot request the return of the advances paid to the customer.

The types of credits resulting from entrepreneurial activities are manifold and varied, with particularly specific characteristics, which must be assessed on a case-by-case basis.

In a simplified way, a series of recurring types are listed: Revolving trade receivables, Vat refund credits, Certified credits of the, Public administration, Disputedclaims, N.P.L. Credits.

it assumes the risk of insolvency of the assigned credits and in the event of default by the debtor, he cannot request the return of the advances paid to the customer.

The types of credits resulting from entrepreneurial activities are manifold and varied, with particularly specific characteristics, which must be assessed on a case-by-case basis.

In a simplified way, a series of recurring types are listed: Revolving trade receivables, Vat refund credits, Certified credits of the, Public administration, Disputedclaims, N.P.L. Credits.

IMF INTERNATIONAL MERCHANT & FINANCE controls and studies the company – enterprise:

• based on historical data and commercial development programs
• drawing up a detailed plan of administrative and financial reorganization and restructuring
• providing venture capital, in part
• identifying adequate financial instruments to fuel a substantial capital increase, without thereby burdening the company, but rather balancing the ratio of own resources / commitments, in harmony with the provisions of the credit worthiness assessment grids.

An important capitalization improves the company’s Rating assessment, combined with the fact of having IMF INTERNATIONAL MERCHANT & FINANCE in the social structure. It therefore allows the company to obtain:

• greater capacity to access credit
• a better classification in competitions
• better SOA classification
• greater credibility with suppliers

This intervention in particular allows the company to have more liquidity, therefore to be stronger to overcome difficult economic times

STRATEGY:

• Definition of the criteria and the best acquisition methods.
• Target search – search and identification of targets, in particular abroad by exploiting the corporate network.
• Target approach – activation of contacts with targets selected by the customer.
• Preliminary analysis – preliminary assessment of the targets, in a pre and post acquisition optimization logic, in order to identify a range of values useful for defining the non-binding price, to be indicated in the offer.
• Non-binding offer – preparation of the offer (price, payment method, guarantees, etc.).
• Structuring – assistance in the corporate, financial and tax structuring of the operation.
• Due-diligence – coordination of economic, fiscal, legal and environmental due-diligence.
• Economic evaluation of the target for the definition of the price to be offered to the counterparty.
• Negotiations – assistance in negotiating with the counterparty and in the purchase and sale agreement.
• Project management – process management by coordinating the various consultants involved.

IMF INTERNATIONAL MERCHANT & FINANCE offers a wide range of financial advisory services in the context of extraordinary operations, from acquisitions to obtaining financing in all industrial sectors.

Thanks to its sectoral skills and its vast network of relationships with both large multinational companies and medium-sized companies, IMF INTERNATIONAL MERCHANT & FINANCE assists entrepreneurs and companies in the conception, structuring and negotiation of successful mergers and acquisitions, in Italy and abroad and in the most diverse industrial sectors.

STRATEGY:

Assistance in defining the portfolio business strategy within corporate groups through:

• analysis of existing and / or potential synergies;
• evaluation of the various business opportunities for each company;
• simulations on the value of the group through acquisitions or divestments of business units.

Assistance in defining the strategic objectives of the individual business unit through:

• analysis of the structure of the sector;
• analysis of the competitive positioning of the Business unit;
• economic-financial simulations in the event of expansion through acquisitions or disposals.
• Assistance in defining the criteria for the acquisition or disposal of individual business units

It is able to operate successfully both in the context of organizational change processes and in the context of corporate transactions.

Knowledge of market and business trends, together with the financial skills of the structure of the main companies, are the distinctive elements that allow IMF INTERNATIONAL MERCHANT & FINANCE to provide its customers with important strategic and financial planning tools.

The company can count, at European level, on the contribution of qualified professionals and it is present with its national offices in Rome and Milan, as well as in London.

Companies turn to IMF INTERNATIONAL MERCHANT & FINANCE, normally for:

• acquire a company and need to understand the market and the competitive context;
• acquire a company and need to deepen their knowledge of market drivers and the sector benchmark;
• have started the development or reorganization of a business and need a critical analysis of the strategy pursued.

As part of a business development and reorganization operation, IMF INTERNATIONAL MERCHANT & FINANCE provides assistance with the following services:

• critical analysis of the strategy pursued by Management and preparation of the strategic plan and a related action plan;
• analysis of the prospects relating to the entry of an operator into a specific market / geographical area, identifying the main critical success factors, the economic-financial viability, the main risks, highlighting the main success / failure stories found in the past;
• analysis of a specific market by analyzing the current dimensions and prospective trends, the competitive context and the main operators, the emerging business drivers, evaluating the development potential in terms of growth and margins;
• benchmark study on quantitative and / or qualitative aspects in relation to critical business aspects with respect to direct or indirect competitors on the main reference markets in order to understand company strengths and weaknesses, critical success factors and the related competitive positioning.

The Due Diligence activity carried out by IMF INTERNATIONAL MERCHANT & FINANCE aims to support the investor in the considerations necessary to reach a final evaluation, analyzing the state of the company, its future potential and any risks related to implementation operation

The analysis carried out includes all information relating to the company being acquired, with particular reference to the corporate and organizational structure, the business and the market, the critical success factors, the commercial strategies, the management and administrative procedures, economic-financial data, tax and legal aspects, potential risks.

If the Due Diligence of IMF INTERNATIONAL MERCHANT & FINANCE is required in real estate sector transactions, the same occurs at a time prior to the phase of purchasing a property, a non-performing credit or a securitization (of properties or of credits), representing a multidisciplinary activity aimed at the exact evaluation of the operation and all its characteristics.

The analysis thus represented is aimed at the following areas:

• legal – verification of documentation, cadastral records, examination of the transcriptions of prejudicial such as voluntary and judicial mortgages, contracts;
• technical / design – verification of compliance of the state of affairs with the planimetry filed, consistency of the quality and state of the building, assessment of the costs and times necessary to adapt the property (repairs, renovations, change of use or redevelopment) . The analysis also includes the environmental aspects, the systems and the structure of the property;
• economic – evaluation of the property with respect to its current and potential use, with respect to its location and the performance of the reference market (residential, offices, commercial or industrial).

IMF INTERNATIONAL MERCHANT & FINANCE provides ad hoc services created ad hoc for the strategic and operational management of projects: in particular it provides strategic consultancy and Investment Management services in order to guarantee the reduction of risk and indirectly the protection of Investors and Companies, promoting the long-term value creation.

The specialized activity carried out consists in evaluating investment opportunities in the context of special situations, that is, in complex situations of various kinds and generally originating from insolvency procedures, problem loans or non-performing loans, shareholdings in companies in a state of crisis, in which the return on investment is the ability to correctly interpret and manage the specific complexities of the case, transforming difficult and complex situations into investment and growth opportunities.

The role of IMF INTERNATIONAL MERCHANT & FINANCE is to understand the needs and objectives of the Company and the Investor, therefore to provide solutions that help meet their needs and reach their targets. The Company aims to offer management consultancy services, characterized by high professional content and total absence of conflict of interest, with the aim of always providing an independent, rigorous and transparent service.

Thanks to a great experience in the market and a consolidated reliability, IMF INTERNATIONAL MERCHANT & FINANCE in the role of Investment & Risk Advisor can make the best technical and financial skills available to Managers, proposing itself as a super partes subject among the actors involved, supporting the Banks and the funding bodies for the entire duration of the project, through checks on all the key aspects of the initiative, through the risk assessment and mitigation activities related to the investment project.

The consultancy is articulated through:

• Analysis of the existing situation and active Advisory;
• Identification of investment opportunities and measurement / assessment of associated risks;
• Identification of the correct risk / return profile;
• Construction of investment strategies and planning of implementation methods;
• Support and assistance in the implementation phase;
• Monitoring: Reporting and Performance Analysis

It is known that all companies, during their life cycle, can go through one or more phases of crisis, which, if not properly addressed, always involve a progressive destruction of value for shareholders and creditors. In the absence of suitable solutions, any crisis, whatever its origin, is destined to become irreversible and to degenerate into insolvency.

IMF INTERNATIONAL MERCHANT & FINANCE specializes in identifying, negotiating and implementing solutions to stop the crisis process and recreate the conditions for recovery.

Companies that turn to IMF INTERNATIONAL MERCHANT & FINANCE, requesting this service:

• are in a situation of financial criticality, unexpected pressure on margins or on cash flows, breaking of the agreements on loans, liquidity crisis;
• need to understand the financial sustainability of the business and to understand the causes of a critical situation;
• need for support in the implementation and negotiation of a financial restructuring plan;
• intention to sell or purchase assets or companies in financially critical situations or in bankruptcy proceedings;
• intention to invest in distressed assets;
• need for advice on non-performing credit portfolios

• Assembly of industrial plans
• Business plan processing
• Corporate Rating Release
• Release of compliance advice on financial and real estate transactions (anti-money laundering – compliance)
• Due diligence on LBO operations and corporate acquisitions
• Letter of patronage for application/agreement plan
• Issuance of bonds and equity loans in financial instruments for establishment and capital raising procedures