Built for worldwide project sponsors and developers with operating history and banking history. Qualify through bank-verified cash flow. Activation reserve collected at closing — not upfront.
Project Ready Capital is institutional project financing — restructured for worldwide project sponsors and developers who have already built a verifiable track record.
$200M committed capital. Revolving structure. Zero-interest-on-undrawn-balances. Deploy capital before your equity raise closes.
What's different: Project sponsors qualify through bank-verified cash flow — and the activation reserve is collected at closing, not fronted into escrow before the facility goes live.
That is the entire distinction. Everything else is institutional project credit.
Project Ready Capital replaces upfront escrow with real-time verification of your ability to service the debt through established operating cash flow.
Project summary, sponsor CV, professional history, business formation documents, project scope, capital use plan, draw schedule, exit strategy. The standard project credit documentation package.
OEI's Plaid integration provides secure, read-only access to your business banking history. We verify operating cash flow, balance stability, and debt-service capacity directly from your institution — not from statements you self-select. This is the core of qualification.
Bank verification collapses underwriting time. If your cash flow supports the facility size you're requesting, we issue a term sheet.
The activation reserve is collected at closing — not before. Once the facility is closed, you can draw immediately against your project needs.
This is not a penalty. Project Ready Capital is a specific path for a specific borrower profile. Sponsors who don't fit this program may fit other OEI credit products — or should build operating history before applying.
Every structural benefit designed to support real project development and execution.
Institutional capital pool backing your project facility. The capital is here.
Repay and redraw throughout your term, no re-qualification required as project phases complete.
Small unused line fee only. No interest on undrawn portions of your facility.
Move on project milestones while your equity partners are still in diligence. Speed matters.
No hard project collateral required upfront. Your track record is your collateral.
One relationship, one underwriting process, one facility that scales across your project pipeline.
| Facility rate | From SOFR + 1% on drawn balance |
| Unused line fee | Small standard fee on undrawn commitment |
| Activation reserve | Collected at closing. Interest-earning. Fully releasable when no draws are outstanding. |
| Facility size | $1M – $50M per project sponsor |
| Term sheet turnaround | 48 hours from Plaid verification |
| Term sheet validity | 72 hours from issuance |
| Geography | Global — all jurisdictions considered |
The activation reserve functions as your commitment bond — it covers interest payments in a default scenario, earns interest in escrow during the term, and is released in full when the facility closes with no outstanding balance. The only difference from traditional project credit is when you fund it: at closing, not upfront.
Jonathan Perez, Senior Partner at OEI Private Credit, personally leads Project Ready Capital intake. Bring your project pipeline, your operating history, and your business banking relationship. We'll tell you in the first conversation whether this is the right path — and if we're a fit, we move fast.