Technical advisory for lenders

What is refinancing

The financing institution evaluates an asset it does not own or control. The material it works with comes from the borrower — that is, from the party that depends on a specific assessment outcome. This is not an accusation against the borrower. It is simply a setup in which an independent verifier is needed.

We act on the lender’s side as technical advisors. We check whether what the borrower declares is supported by the documentation and by the actual condition of the asset: compliance with the EU Taxonomy, the decarbonization pathway, energy performance, the realism of the CAPEX plan, and the feasibility of the schedule.

The stakes go beyond credit risk. A bank that has booked an exposure as green must be able to defend that classification — to the regulator, to the auditor, and in its own reporting. An error in the assessment of a single transaction rarely ends with that transaction.

Scope includes:

1. independent verification of alignment with the EU Taxonomy
2. review and validation of the CAPEX plan and schedule
3. verification of the CRREM assessment and decarbonization pathway
4. assessment of KPI frameworks for a sustainability-linked loan
5. technical monitoring during the loan term
6. portfolio-level exposure reviews

Expert Opinion

“A bank risks not only capital. It also risks how it classified this exposure.”

Dominika Bryła

Head of ESG, Technical & Certification Consultancy

Check the current rating of your building

Benefits

Defensible exposure classification

An independent opinion provides a documented basis for the decision to classify financing as green.

Reduced greenwashing risk

Verification of the borrower’s declarations before the funds are disbursed, not after the regulator asks questions.

A consistent standard across the portfolio

The same methodology applied to all exposures makes the results comparable across transactions.

Scale without an internal team

Access to technical and certification expertise without building and maintaining your own unit.

A shorter credit process

Technical doubts resolved during the analysis stage instead of going back to the borrower in additional rounds of questions.

Control throughout the term of the agreement

Monitoring covenants and indicators reveals deviations when there is still time to react.

Project implementation from A to Z

Customization of solutions

Constant support and advice

Refinancing

We will guide you through the entire project process

Assessment standard - We establish the criteria — the institution’s green finance framework, taxonomy requirements, internal policy. Result: clear criteria before the assessment begins.
Document review - We analyze the material submitted by the borrower for completeness and consistency. Result: a list of gaps and points requiring verification.
Technical verification - We check the actual condition of the asset and operational data against the declarations. Result: confirmation or challenge of the assumptions in the application.
Opinion for the lender - We issue a position with a clear indication of risks and any conditions to be included in the agreement. Result: a basis for the credit decision and its documentation.
Monitoring during the loan period - We verify progress, indicators, and compliance with covenants in an agreed cycle. Result: an early signal of deviation instead of information after the fact.
Portfolio review - Periodic update of the assessment of the exposure in light of regulatory changes. Result: the portfolio is assessed according to current, not historical, criteria.