One obligations register the whole deal reads from.
Capital Governance is a shared obligations register for project finance. The developer, the funders and the facility agent work from one authoritative record of the conditions precedent, covenants, tranches, drawdowns and reporting obligations, instead of reconciling separate spreadsheets.
Built for the parties on a financing
Every open condition precedent, covenant and reporting item in one place, with what closes it and who owns it.
Conditions genuinely met and evidenced, covenant reporting in on time, and a trail behind every confirmation.
One record every party treats as the record, so you administer from it rather than rebuilding it from email.
What it tracks
The obligations that run a financing, held as live items with an owner, a due date, a clear statement of what closes them, and the evidence behind each one.
The conditions to close and to each drawdown, tracked to satisfaction, with waivers and consents recorded against the item.
Financial, information and general undertakings, with the compliance certificates they are evidenced by.
Each tranche and its conditions to drawdown, so a utilisation request meets a complete list.
Every ESAP action, its deadline, its owner and whether its evidence has been accepted.
What each party owes and when, so nothing is reconstructed at reporting time.
The confirmation behind each item, kept with it, so the record holds up to review.
Where it sits
Deal-closing tools get a transaction to financial close. They are built for the law firms and the signing. Once the deal closes, the obligations do not stop: they run for the life of the financing, across construction, drawdowns and operations.
Closing tools get a deal to financial close. Capital Governance keeps the obligations honest after it, for every party, for the life of the financing.
Common terms, defined plainly
If you are mapping the vocabulary of a financing, the glossary explains the terms the register is built around.