Climate Tech Venture Debt Drawdown Schedule Calculator
Plan venture debt usage by sizing each tranche, estimating cumulative utilisation fees, and understanding the commitment duration.
Financial planning tool. Confirm terms with lenders and legal counsel before executing draw schedules.
Examples
- Facility USD 30,000,000, five tranches, interval 3 months, fee 1.2% ⇒ Draw USD 6,000,000 per tranche, utilisation fees USD 270,000, commitment 15 months.
- Facility USD 12,000,000, four tranches, interval 2 months, fee blank ⇒ Draw USD 3,000,000 per tranche, utilisation fees USD 50,000, commitment 8 months.
FAQ
How do I incorporate legal closing delays?
Extend the interval months to include expected closing buffers or add additional tranches with zero draw amounts to model waiting periods.
Can I model warrants or success fees?
Not directly. Add their cost into the facility amount or layer a separate pro-forma once the draw schedule is defined.
What if the lender allows early draws?
Re-run the calculator with shorter intervals or higher tranche counts to reflect accelerated access.
Additional Information
- Result unit: US dollars for draws, fees, and average undrawn balance, plus months for commitment length.
- Assumes equal tranche sizes drawn at the end of each interval; adjust for milestone-based draws by editing the expression.
- Utilisation fee defaults to 1.0% annually when not provided.