Gregory Elgunov, Managing Director of Solon Corporate Finance
I set up Solon because a £5m business should get the same advice a £50m one takes for granted.

Gregory Elgunov

Managing Director · Solon Corporate Finance

Registered name
Solon Corporate Finance Ltd
Jurisdiction
England & Wales
Registration no.
17320026
Registered office
124 City Road, London, EC1V 2NX
Practice
Debt Advisory
Facility
£3–15m raises and refinancings

An independent debt adviser for the lower-mid-market.

Solon Corporate Finance is an independent debt advisory firm for UK lower-mid-market companies raising or refinancing £3–15m across the capital structure. It brings institutional process to a single specialisation, in a tier the established houses have looked past.

Arranging plain commercial debt for corporate borrowers is not a regulated activity under FSMA. Each mandate is governed by a written engagement letter and strict confidentiality.

Solon was the Athenian reformer who reset a broken system of credit and debt and helped set Athens on the path to its prosperity. We take the name as a statement of intent, to bring the same order to how the lower-mid-market raises debt.

Five commitments a mandate is built on.

  1. Independent and unconflicted.

    We sit on the borrower's side of the table and nowhere else. We do not lend, and no lender pays us anything that is not disclosed to you first, so the recommendation follows the best terms available.

    How we are paid

  2. Institutional rigour.

    Nothing reaches a lender without the Managing Director's sign-off. A clean information memorandum, a built model, prepared management presentations and a complete data room. We bring properly prepared credits to market, never a rushed pack.

  3. Whole-of-market, no panel.

    We know the full spectrum of capital providers from the other side of the table, and we are tied to none of them. We run a competitive process across the whole market and bring the client the lenders that fit the deal.

  4. We move at deal speed.

    A raise has a window, and we work to it. We map the market in days, run the process to a defined timetable, and keep the pace through to drawdown.

  5. A straight view.

    When the honest answer is to accept the offer in hand, to wait, or not to borrow at all, we will say so.

Built by someone who has sat where credit decisions are made.

Gregory Elgunov is the founder and Managing Director of Solon Corporate Finance. He was previously an investor in private credit and private equity at BlackRock, Permira, Allianz Global Investors and HSBC Global Asset Management, where he underwrote mid-market and sponsor-backed debt on transactions across Europe, taking deals from initial analysis through investment committee to completion.

Read the full biographyThe materials a lender receives, as specimen documentsLinkedIn

If you are weighing a financing and want a straight read on the options, an early and confidential conversation costs nothing.