Borrowers

Licensed lending institutions and Debt funds go through Credora rating and assessment to be able to get onboarded.

Loan Structure and LTV

Borrowers within this framework are exclusively licensed lending institutions with established loan books. The loan product allows for financing based on the current size of the loan book, with a maximum Loan-to-Value (LTV) ratio of up to 50%. This means that for every $100 in receivables, borrowers can access up to $50 in financing, creating a balanced risk profile for both lenders and borrowers.

Synthetic Debentures as Collateral

The collateral for these loans is maintained as synthetic debentures, which represent receivables on the existing loan book. This structure allows borrowers to utilize their assets effectively while ensuring that lenders have a solid backing for their loans. The synthetic nature of the debentures provides flexibility and transparency, allowing for easy tracking of collateralized assets.