How to bank-finance my investment?

Inc PAPAYA (p. 18)
(in thousand €)

Papaya Inc.

INVESTMENT
New investment opportunity: High efficiency Low Cost Fixed Port Container Portal Crane
Investment of 7 million euro, amortisable on 7 years; economic impact of investment 7 yrs.
Existing turnover kept but cost of services decreases by 2 million/year (less outsourcing)
Corporate tax = 28 %; the hurdle IRR = 12%.
Is investment worthwhile? (leaving financing aside)

Financing options
Although undercapitalized, owner refuses to open capital; Reluctant to mezzanine, and surely not convertible or warrantable.
Analyze each option from the ‘financiers’ point of view:
- make concrete proposal (amount, reimbursement modalities, guarantees (if any), …
- make new master plan (balance structure + P&L)
- make risk analysis
- and conclude: feasible or not?