Monitoring

Every facility after signing: the borrowing base, covenants, repayments and collections, checked as the data arrives.

Drawdown to repayment

Every facility, from the first drawdown to the last repayment. 4 workflows, then the credit officer.

Harlowmere Packaging

4 workflows, then the credit officerMonitoring

Recomputes the borrowing base from the eligible receivables and assets each time the data changes.
Read
1The book2Your eligibility rules
Produced
A borrowing base, every exclusion explained12Done in 12 s
Hands to
The borrowing baseCovenant tests

Tests every covenant on the latest figures and flags a near breach before it becomes one.
Read
1The borrower's latest figures2The facility terms
Produced
Every covenant with its test, its threshold and today's value12Done in 18 s
Hands to
The testsRepayments

Matches every repayment to its schedule and lists what is late, and by how long.
Read
1Bank statements2The repayment schedules
Produced
A reconciled schedule, and every late payment12Done in 24 s
Hands to
The late listCollections

Drafts the reminder, the chase and the escalation for each late payment, in your voice.
Read
1The late list2Your collections policy
Produced
A collections queue waiting for approval12Done in 36 s
Hands to
The queueThe credit officer

The credit officer reads every breach and every late account and decides the next step. Nothing goes to a borrower without approval.
Reads
Every breach and late account, with its evidence
Decides
Approve, revise or stop
Signs
Credit officerAwaiting signature

The credit officer reads every breach and every late account and decides the next step. Nothing goes to a borrower without approval.
Reads
Every breach and late account, with its evidence
Decides
Approve, revise or stop
Signs
Credit officerAwaiting signature

Each stage is built to your credit policy and proven on your past files before it goes live.

What changes for your portfolio team

A borrowing base you can stand behind

Recomputed from the eligible book each time the data changes, every exclusion explained.

Breaches seen early

Every covenant tested on the latest figures, a near breach flagged before it becomes one.

Collections in your voice

Late payments listed and chased to your policy, with approval before anything is sent.

How it works

One record from decision to repayment

The facility is watched on the same record it was underwritten on.

It feeds your funders

The tests that protect your book are the evidence your own funders ask for.

A person on every breach

The credit officer decides the next step on every breach and every late account.

Your data where it lives

Bank statements, the borrower’s reporting and your loan system, read where they are.

Go deeper

Funders

Your book, shown to the people who fund it.

Read more →

Underwriting

From the cleared file to a signed committee decision.

Read more →