Looking for mid-market project funding?
In3 delivers mid-market project funding at attractive terms from an in-house, private Family Office. We favor project developers with cutting-edge solutions, and can support disruptive innovations that help build a better future, including “First of a Kind” (FOAK) technologies. That said, we remain agnostic about underlying technology, even if not particularly innovative but more “tried and true,” so long as it does not cause or perpetuate social or environmental harm.
Sector Focus | What we won’t fund | Why “Completion Assurance” | CAP funding qualification | 1-pg Tear Sheet
In3’s flagship CAP funding main advantage is funding certainty once pre-qualified for almost any project above $25 million, located almost anywhere, because this innovative, private funding …
- Is available for projects at any reasonable state of readiness — does not need to be “shovel ready”. We can cover remaining pre-construction development costs.
- Secures up to 100% of the required funding as equity with no additional developer “skin in the game” and no need for majority voting rights
- Fast, streamlined due diligence and predictable closings without elaborate application forms or upfront fees.
CAP funding uses a partial, financial guarantee as security that the project will be delivered.
We offer both “Do It Yourself” (DIY) and “Done for You” (DFY) service options. Compare and select one of six (6) In3 CAP funding solutions or see below.
CAP Funding’s Competitive Advantages
In3 CAP’s innovative structure delivers up to 100% funding, with zero initial costs for any of the DIY solutions, available to both well-established projects seeking scale as well as innovative breakthrough solutions to the problems we all face, from climate finance to the need for more sustainable buildings, from better, more affordable housing and healthcare to food/energy/water security, resource recovery, or how we “close the loop” to handle waste.
A secondary advantage is that we have great flexibility in the things that matter. We can deliver competitive terms and far more relaxed conditions that make closings more predictable and can accept various risks that traditional funding would reject, such as operational / management risk, credit risk, even technology risk. Keys are facilitating a form of Security and low commercial risk (business feasibility) to unlock this funding.
IMPORTANT: To receive proper attention, take a few minutes to understand what we do, how we work and what makes us different. We take pride in our customer service … and you will be better served if you first make sure there is a fit. Nobody wants to waste time.
Ready to register your project for financing? Or scan this QR code –>
CAP is our main, “flagship” funding option, and is usually the place to start for project finance. There are no initial fees. When CAP is your best (or only) option.
Not sure what project(s) to focus on for further research and development? Entrepreneur’s Starter Kit
We offer three (3) pathways to CAP project funding, shown below in likely order from least to highest initial costs:
- In3CAP DIY (do it yourself) for up to 100% of the required funding, $25 million or more, as equity; see tear sheet, synopsis, or get started. See updated and simplified Steps to CAP funding pre-qualification for either a
- A Sovereign Government (Ministry of Finance) as sponsor via a Sovereign Guarantee for 100% of the funding. SGs are only available from certain countries
- Standby Letter of Credit
ideally for 50-75% of total funds - Cash deposit, 25-35% or more, as surety, instead of a bank-involved guarantee, like the SbLC
- Direct assets in lieu of an SbLC (using rated Bonds, MTNs or gold with SKR).
- In3CAP DFY (Done For You) where we involve a sponsor for CAP security, such as …
- A private party with assets to back an SbLC (some can simply use their balance sheet, others via an asset pledged directly to the funding bank with or without an SbLC):
- Private family offices
- Private lenders (mainly for cash deposit option)
- Institutional impact investors, impact foundations, regional development banks, etc. (higher level of difficulty)
- An involved vendor or service provider such as a well-established EPC firm, general contractor, or equipment supplier, usually with an equity kicker.
NOTE: Some sponsors prefer to leverage a cash deposit via a line of credit, bridge loan or equivalent for at least 25-35% of the total required funding until the monthly draws complete.
The above DIY options are without any initial fee, and if all goes well during Due Diligence, will lead to a binding offer, followed by rapid closing and first draw. DFY (premium services) do involve some initial costs.
- A private party with assets to back an SbLC (some can simply use their balance sheet, others via an asset pledged directly to the funding bank with or without an SbLC):
Customized In3 Management Services (fee-for services) tailored to your situation, to interview you and your team to advise on your best options for funding. We can help you identify and arrange equity only, tax equity investors, venture capital, source senior debt, convertible instruments, financial instruments (via third party guarantors), or hybrids of these with no preset minimums. For highly-qualified projects in our sweet spot, we may also be able to assist with arranging your project’s guarantor called Done For You (DFY) on a fee-for-services basis. All management services are fee-based; there are security deposits required for alternative funding pathways to obtain binding terms, fully refundable if the funding does not go forward. Only In3 CAP is without initial costs.
In addition to CAP funding with the project developer facilitating their own Security, we offer three “Done For You” (DFY) premium solutions for developers in our focus industries.
Key facts about In3 Capital:
- We offer an innovative mid-market project funding solution called Completion Assurance Program™ (CAP FAQ). This “flagship” funding is a faster, easier and better way to finance impact projects or portfolios of at least $25 million total budget at any reasonable stage of development. CAP delivers up to 100% of the project’s financing (no co-investment required), currently with no up-front costs when you bring your own Security to pre-qualify.
- In3’s “sweet spot” focus includes projects with social and/or environmental benefit, but we’re flexible about this. All reputable project funding is somewhat “bespoke”, that is, tailored to each client. We support almost anything that makes business sense, but give preference to sectors we know the best and avoid any that would cause social and/or environmental harm).
- Not entirely ready to turn dirt? We can still fund “early” project proposals via CAP funding with a suitable Completion Assurance guarantor or cash deposit (often a short-term loan from a different party, only until the project is built and ready to begin commercial operation); compare these two options.
Some developers are asset-rich with balance sheet depth from building dozens or hundreds of such projects that they can use as “fuel” to gain access to below-market-rate terms investment capital or as guarantor liquidity. If that’s your situation, stop reading this and register now.
For the rest, consider your project’s remaining risks relative to the projected upside (ideally not just money but also positive social and/or environmental impacts) and let us know what you are requesting.
We can often develop a solution that is bespoke to your situation. As a private source of funding, our partners can usually offer terms and conditions that are better than banks (instead of using cash-on-hand or a bridge lender as an equity contribution to the project, why not use our equity financing and hold onto the cash for the next project?) and beat most other forms of institutional project finance as well.
Equity investment terms may be comparable, in some cases, but the pathway to closing with CAP is quite a bit “faster, easier, and better” (much more forgiving and thus predictable… more on this), as we “keep our eyes on the prize” via relaxed and flexible underwriting standards when you bring your own Security, especially true when compared to more traditional (bank) funding.
Once you have worked out the likely source(s), or at least have a theory you’d like to test, it helps to define, with precision, what you will need to include in the documentation package (to pass through due diligence without delay), in what format, sequence, emphasis of points, risk mitigation … even subtle things like culture or style do vary widely, depending on the funder.
In3’s value-add comes from a close alliance and partnership with our private funder, which makes preparation, packaging and presentation of a winning proposal more science than art. Nobody benefits from guessing games — especially when the right answer (fixed criteria that is largely unknown until the final, binding offer of terms) is often completely counter-intuitive. The true criteria — usually related to some interpretation of risk/reward — is by definition unknown and unpublished because the funder often only can articulate their findings after thorough evaluation and completion of careful due diligence. They don’t know what they don’t know, so neither can you.
Best to avoid any such “blind alley” as they are so notoriously common with other sources of project funding. Not so with In3CAP! We’re entirely transparent and straightforward, which matters a great deal when vying for much-needed funding in the middle market.
Traditional Loans and How In3CAP Qualification is Different
How much higher are traditional lender’s underwriting (approval) standards than CAP funding and what, exactly, is the required preparation? The “big variable” imbedded in this question is who — who will fund it? The most qualified project proposals have the greatest number of potential sources of funding. When fully prepared, using prior project experience to help you define “fully,” more pathways open up, with diverse and often better terms & conditions available to you. Interest rates continue to be impractically high in 2025, and likely trending higher, depending on your relationship history with your bank and balance sheet. We can eliminate the need for any long-term (3+ year) senior debt, and charge no interest, while still financing 100% of your project, as equity carried interest (as a long-term JV partnership) with no expectation for a controlling interest.
What does In3CAP cost? How long does it take? What if no completion assurance guarantee (CAG) or other Security is possible?
Only In3CAP funding programs 1-3, with a client-facilitated CAG or cash deposit, is without at least some costs ahead of closing to access the arranged funds. The most straightforward option is to use or find a sponsor for minimum 25%-30% cash deposit (NOT used as a down payment; the cash is returned on the final draw of funding), thus 3x-4x the amount of the deposit as an equity JV partnership.
CAP funding can also be arranged as “Done For You” Security, still the better choice as repayment terms are more flexible, with no interest (minority equity carried interest only), even if we assist via a Premium Service to arrange your project’s cash or Standby LC Compare.
Traditional senior debt uses much higher standards across the board, often difficult to properly diligence until it is too late. But without proper vetting and preparation, there is less certainty of reaching closing on these loans (no streamlined pre-qualification step available, such as with In3CAP), although probably still better odds than approaching a lender with terms and conditions unknown to you, or unknown to us, such as most commercial banks or many of the fraudulent “providers” of loans with dodgy backers.
In3 has been at this awhile, and we have probably already made most of the mistakes there are to make, so you don’t have to!
ACTION STEPS YOU CAN TAKE NOW: Follow these steps, or download this handy 2-page guide, then use our ONBOARDING SYSTEM when ready to have us evaluate. FAQs will answer most of your initial questions. Please DO NOT email us your files. We realize that seems like the logical thing to do, but we don’t have time to read them without you making the first move, so you can discover for yourself if you are in a position to secure funding through us.
Need more information?
Why In3? We solve the problems of traditional project finance. As you may know from first-hand experience(s), the traditional approach to project finance is typically expensive, painfully slow, and fraught with more than a few serious pitfalls, most of which go unnoticed until far too much “sweat equity” has been poured in. In business since 1996, In3 Capital Group (more about) has arranged alternative, advantageous funding for projects and (mostly cleantech and climate change mitigation) countless ventures, large and small. We directly finance purpose-driven, “impact” projects via CAP funding for essential infrastructure, cleantech, real estate and other diverse industrial sectors, including climate-smart food systems/agriculture, renewable energy, agroforestry, waste conversion, water, storage, and carbon-drawdown projects in the US, developed and developing economies worldwide. Current priority sectors
- What did we do to solve these issues? We resolve this “pain” thanks to our next-generation model and committed Family Office investment partners. Together we deliver a radically efficient, streamlined alternative. We built this funding program to address these four notorious issues with mid-market projects, delivering several sharp advantages.
- What makes us different? Background article on our funding program’s purpose, goals, benefits & advantages. Short version:
We make project finance “faster, easier, and better”
In3 CAP radically improves funding certainty.
- How to get started: Find out if you can qualify for CAP funding then deliver our first 3 “essentials” as a way to gain pre-qualified status. Simple 2-page guide (in case you missed it) download here, then apply and discover if this funding, or a different pathway, is going to work for your project. We strive to get you a fast answer — yes or no, but with limited time spent hovering on “maybe”. This is born of pragmatism, but also customer service excellence, which comes from doing this for a few decades. In other words, it is up to you to decide, given the abundant resources available to you online, how best to get your project pre-qualified. We can facilitate and coach to a point, so when you have a specific question after giving it your level best, please do ask us and our team will respond on a merit basis (a mix of first come, first served and then prioritized by opportunities with observable, proven potential). The more you use our documentation and tools to deliver what is suggested in our complete (detailed) stepwise application guide, also called the “Six Essentials” for CAP funding, or ask precise questions (beyond our FAQs, of course), the faster will be your progress.
- Want third party help with improving your odds of success? Upgrade to premium-level services: more.
- Need help building an investible project or venture package? Projects that are reasonably well documented using industry-standard accounting (GAAP, or IFRS per the International Accounting Standards Board) and ready for funding incur no up-front fees. Here are some service options.
- What’s the catch? (All FAQs here). If there is one, it would be simply that we can offer this lower cost of capital, delivered faster, more reliably, and with greater flexibility (paying for any further development or other expenses that most project financiers would refuse) because CAP transfers part of the risk of project non-completion to a guarantor and their bank — either the project developer, an involved stakeholder (such as a contractor hired to build the project), or a third party backer. We use such guarantees as security to screen out fraud, so if you are non-fraudulent, we ease and accelerate access to this quite advantageous funding.
- Is a guarantee not within reach because nobody will be able to support it? Are you sure about that? If so, consider these alternative funding options (4 loan programs) above $25 million for entirely shovel-ready projects in the US or overseas. Certain restrictions may apply.