Bespoke Financing
Bespoke financing is a financial product that is customized for a specific client and cannot be found readily available in the standard market offerings. Because bespoke financial solutions are tailor-made for each client, the approval process and repayment structure can vary from more traditional types of financing. For example, a business may get a loan from a bespoke funding program that evaluates its ability to repay the loan based on its future cash flows.
The custom-made funding solutions that bespoke financing offers can make financing more accessible to companies that may not otherwise be approved for lending. Mezzanine financing, invoice factoring, and equipment financing are types of bespoke financial products. Because bespoke financing tends to be riskier, this type of financing can be more difficult to come by compared to more traditional options.