Capital Raising Readiness Guide
The capital stack, which instrument fits which business, and what credit committees test.

BlackLeaf
Architects behind enduring family and corporate wealth.
An information memorandum, or IM, is the document a financier or buyer reads before deciding whether to engage. It tells the story of the business, supports it with evidence, and states what is being asked. A good IM answers most first-round questions in advance. A poor one raises new ones and loses momentum. This guide sets out a model structure, what each section must do, and how to review the finished document.
Written by the BlackLeaf team, this is the 2026 edition: 11 pages, free to read online or download as a PDF. It is general information for South African owners, boards and families, and is not legal, tax or investment advice. Speak to a qualified adviser before you act on it.
BlackLeaf raises senior debt, mezzanine, equity and asset finance through a structured process and a financier-ready file.
The capital stack, which instrument fits which business, and what credit committees test.
A complete folder index and request list for due diligence.
How to approach banks, development finance institutions and private credit, and what each expects.
Architects behind enduring family and corporate wealth.