Receivables programs, screened for debtor quality.
You know what you write. We hold your criteria on file, in your words, and introduce only borrowers that fit them, after we have reviewed their information. Facilities from $5 million, typically $10 million to $250 million.
Who this is for
Banks, credit funds, family offices and specialty finance companies that write factoring of $5 million or more, typically in the $10 million to $250 million range. We describe lenders by type and never name them.
What you tell us
Your mandate, once, in writing. We update it when it changes.
- Program size and monthly invoice volume
- Customer (debtor) credit quality requirements
- Industries you will and will not factor
- Recourse or non-recourse, and the credit limits you set per debtor
- Notification or non-notification
- Advance percentage and fee floor
- Concentration and dilution limits
- Minimum program term and any minimum volume
- Geographies, including foreign debtors
- Verification requirements
- Who receives introductions
What you receive
- A fit note first. A short, anonymised description of the opportunity against your criteria. No company name.
- Your yes or no. If yes, the borrower and you both sign the NDA.
- A screened package in an access-controlled data room.
- A clear route to a term sheet. You underwrite and decide. We manage the process and the timetable.
Every view of the room is logged.
How we screen borrowers
- Identity, ownership and authority to sell receivables
- That the invoices are real, due and undisputed
- Customer credit quality and concentration
- Existing liens and assignment restrictions
- Dilution and dispute history
- Whether the program size and volume are realistic
We do not replace your underwriting. We reduce the number of introductions that fail at the first hurdle.
Fees
Your engagement agreement sets out what you pay and when, before you sign. In short: a platform fee for access to screened deal flow, and a per-transaction fee when a loan we introduced is originated. A platform fee is not a guarantee of volume.
Questions
How do you verify invoices? We check the underlying documents and flag red flags such as concentration and dispute history. You carry out your own verification of debtors.
Do you screen for existing liens? Yes, before any introduction.
Can we set limits by debtor or industry? Yes. They are part of your criteria.
Do you commit capital or take credit risk? No. We introduce. You decide and fund.
How do you keep a borrower's information safe? NDA first, an access-controlled room, personal links with emailed one-time codes, a watermark on every page, and a log of every view.
Commercial lending introductions are provided by River Guide Labs, LLC. They are not securities transactions and are not offered through Finalis Securities LLC. Securities transactions are offered only through Finalis Securities LLC, Member FINRA / SIPC. River Guide Labs does not lend, commit capital or guarantee that any financing will be offered. Size ranges are typical, not offered terms and not a record of past transactions.