01
Acquisition paper
Entry multiple, a two-stage facility against enterprise value, integration as the second draw. Contribution is the cash the structure does not cover.
CAPITAL INTELLIGENCE
Coming soonThe underwriting for a start-up or an acquisition. Contribution in dollars, residual, an IC note. A trade, a practice, or a new venture — not only a developer. Not live yet.

01
Entry multiple, a two-stage facility against enterprise value, integration as the second draw. Contribution is the cash the structure does not cover.
02
Round, fees off the top, runway against burn. A hole before exit is extra contribution — an undilutive bridge, not a new round.
03
Marlwood's own agent. Parser, hashed retrieval over the house book, the companies you would own rather than rent, then live underwriting on this paper.
04
Sourcing through close. Every target has a stage, a contribution, and a residual.
05
House Agent writes the committee note from the live numbers. You edit. You print.
06
Owners, introducers, lenders — sitting next to the paper, not in another product.