Sustainability Framework:
- TMF’s Sustainability Framework contributes to the objectives of the European Green Deal.
- Our ESG analysis substantiates the sustainability of a business model and is therefore an integral part of TMF’s risk management.
- For our borrowers to successfully pursue their growth strategies, solid governance must be in place.
- Our ESG analysis gives particular weighting to governance and focuses on incentives to meet E&S criteria.
- In accordance with the United Nations’ Sustainable Development Goals all our borrowers must contribute towards at least one goal.
- TMF uses three ESG covenants to promote the transition towards a more sustainable economic system: covenant breaches are penalized through compulsory donations to foundations that are dedicated to achieving these objectives.
Eligibility requirements for borrowers are:
- The company should be in operation for at least 2 years.
- Existing products/services with established product-market-fit and paying clients.
- Minimum revenue growth of at least 20% p.a. (y-o-y).
- Revenues during the last twelve months should be at least €2m.
- Sound governance structures that allow for fast growth.
- Equity financing from qualified investors (VC funds, family offices, and/or corporate venture arm).