Welcome to the future of debt
Legacy credit facilities are inflexible and overly complex, leaving lenders overexposed to risk, weighed down by long deal cycles, and drowning in operational costs.
And because they typically rely on monthly or quarterly reports for updates, lenders only learn about a problem when it's too late.
Without Fence
With Fence
Typical steps taken by debt providers:
01.
Receive outdated reports from the borrower (by email)
02.
Open, check and reconcile reports
03.
Suggest modifications, fix errors or request additional data
04.
Wait for originators to come back; iterate the process
05.
Receive borrowing base and disbursement certificates (by email)
06.
Disburse funds
07.
Receive and audit waterfall calculations
08.
Verify that waterfall payments are received correctly and on time
09.
Remediate or accelerate the debt if any covenant is breached
10.
Do it all over again next month
Welcome to the future of debt
Legacy credit facilities are inflexible and overly complex, leaving lenders overexposed to risk, weighed down by long deal cycles, and drowning in operational costs.
And because they typically rely on monthly or quarterly reports for updates, lenders only learn about a problem when it's too late.
Without Fence
With Fence
Typical steps taken by debt providers:
01.
Receive outdated reports from the borrower (by email)
02.
Open, check and reconcile reports
03.
Suggest modifications, fix errors or request additional data
04.
Wait for originators to come back; iterate the process
05.
Receive borrowing base and disbursement certificates (by email)
06.
Disburse funds
07.
Receive and audit waterfall calculations
08.
Verify that waterfall payments are received correctly and on time
09.
Remediate or accelerate the debt if any covenant is breached
10.
Do it all over again next month
Welcome to the future of debt
Legacy credit facilities are inflexible and overly complex, leaving lenders overexposed to risk, weighed down by long deal cycles, and drowning in operational costs.
And because they typically rely on monthly or quarterly reports for updates, lenders only learn about a problem when it's too late.
Without Fence
With Fence
Typical steps taken by debt providers:
01.
Receive outdated reports from the borrower (by email)
02.
Open, check and reconcile reports
03.
Suggest modifications, fix errors or request additional data
04.
Wait for originators to come back; iterate the process
05.
Receive borrowing base and disbursement certificates (by email)
06.
Disburse funds
07.
Receive and audit waterfall calculations
08.
Verify that waterfall payments are received correctly and on time
09.
Remediate or accelerate the debt if any covenant is breached
10.
Do it all over again next month
Welcome to the future of debt
Legacy credit facilities are inflexible and overly complex, leaving lenders overexposed to risk, weighed down by long deal cycles, and drowning in operational costs.
And because they typically rely on monthly or quarterly reports for updates, lenders only learn about a problem when it's too late.
Without Fence
With Fence
Typical steps taken by debt providers:
01.
Receive outdated reports from the borrower (by email)
02.
Open, check and reconcile reports
03.
Suggest modifications, fix errors or request additional data
04.
Wait for originators to come back; iterate the process
05.
Receive borrowing base and disbursement certificates (by email)
06.
Disburse funds
07.
Receive and audit waterfall calculations
08.
Verify that waterfall payments are received correctly and on time
09.
Remediate or accelerate the debt if any covenant is breached
10.
Do it all over again next month
All on one transparent platform
All on one transparent platform
With Fence you provide better products for borrowers while lowering back-office costs
With Fence you provide better products for borrowers while lowering back-office costs
With Fence you provide better products for borrowers while lowering back-office costs
Spreadsheets, PDFs, and emails on everything from notices of borrowing to waterfall reconciliations have been wasting your time for way too many years.
Spreadsheets, PDFs, and emails on everything from notices of borrowing to waterfall reconciliations have been wasting your time for way too many years.
Our smart contract-based platform provides your borrowers with real-time 'Capital on Demand', gives you full visibility into facility performance through custom reporting, and strengthens your deal origination, all while lowering your back-office costs.
Our smart contract-based platform provides your borrowers with real-time 'Capital on Demand', gives you full visibility into facility performance through custom reporting, and strengthens your deal origination, all while lowering your back-office costs.
Fence streamlines the complex operations behind capital flows, enabling lenders to move on from legacy tech and deliver credit to the very best opportunities out there - regardless of the operational hurdles behind the deal.
Fence streamlines the complex operations behind capital flows, enabling lenders to move on from legacy tech and deliver credit to the very best opportunities out there - regardless of the operational hurdles behind the deal.
Amidst the explosion of private credit, we know that debt investors are competing for the best assets.
Fence helps you identify and structure solutions that allow you to win the best deals, every time.
Amidst the explosion of private credit, we know that debt investors are competing for the best assets.
Fence helps you identify and structure solutions that allow you to win the best deals, every time.
working with fence
We help you deliver value at every stage of the credit facility
We help you deliver value at every stage of the credit facility
We help you deliver value at every stage of the credit facility
Underwrite only the risk you want
Analyze loan tapes to set the right terms with our pre-deal tool
Stress-test facilities to ensure proper functioning
Underwrite only the risk you want
Analyze loan tapes to set the right terms with our pre-deal tool
Stress-test facilities to ensure proper functioning
Lower back-office costs
Eliminate the need for constant reporting audit and fixing
Automate waterfall calculation and execution
Lower back-office costs
Eliminate the need for constant reporting audit and fixing
Automate waterfall calculation and execution
Check covenant and loan performance in real-time
Eliminate the need for constant reporting audit and fixing
Improve compliance by conditioning capital flows to covenant and reporting adherence
Check covenant and loan performance in real-time
Eliminate the need for constant reporting audit and fixing
Improve compliance by conditioning capital flows to covenant and reporting adherence
Win the best assets
Provide better value prop for borrowers and deliver capital instantly
Strengthen your deal origination
Win the best assets
Provide better value prop for borrowers and deliver capital instantly
Strengthen your deal origination
How Fence works for debt providers
How Fence works for debt providers
How Fence works for debt providers
We help you deliver value at every stage of the credit facility
01.
Pre-deal advisory & onboarding
Our pre-deal tool helps you structure deals and negotiate term sheets with data
02.
Credit agreement digitization
We parametrize the credit agreement to run the facility automatically
03.
Day to day operations and payments
We act as verification, calculation payment and cash management agents
04.
Monitor and adapt with ease
Track facilities in our easy-to-use platform, and order drawdown requests in a single click.
01.
Pre-deal advisory & onboarding
Our pre-deal tool helps you structure deals and negotiate term sheets with data
02.
Credit agreement digitization
We parametrize the credit agreement to run the facility automatically
03.
Day to day operations and payments
We act as verification, calculation payment and cash management agents
04.
Monitor and adapt with ease
Track facilities in our easy-to-use platform, and order drawdown requests in a single click.
01.
Pre-deal advisory & onboarding
Our pre-deal tool helps you structure deals and negotiate term sheets with data
02.
Credit agreement digitization
We parametrize the credit agreement to run the facility automatically
03.
Day to day operations and payments
We act as verification, calculation payment and cash management agents
04.
Monitor and adapt with ease
Track facilities in our easy-to-use platform, and order drawdown requests in a single click.
01.
Pre-deal advisory & onboarding
Our pre-deal tool helps you structure deals and negotiate term sheets with data
02.
Credit agreement digitization
We parametrize the credit agreement to run the facility automatically
03.
Day to day operations and payments
We act as verification, calculation payment and cash management agents
04.
Monitor and adapt with ease
Track facilities in our easy-to-use platform, and order drawdown requests in a single click.