Due diligence
What we checked.
9 of 10 checks passed against 1 document on file · last reviewed 1 month ago
- ✓ Operator identity and registration confirmed Confirmed 1 month ago
- ✓ Supporting documents supplied and legible Confirmed 1 month ago
- ✓ Term, minimum and capacity are internally consistent Confirmed 1 month ago
- ✓ Projected return is supported by the submitted plan Confirmed 1 month ago
- ✓ Risk disclosures are complete and not understated Confirmed 1 month ago
- ✓ Independently verified against a second source Confirmed 1 month ago
- ✓ Borrower identity and registration confirmed Confirmed 1 month ago
- ✓ Security or receivable verified against its source Confirmed 1 month ago
- ✓ Historical default rate disclosed Confirmed 1 month ago
- ○ Concentration limits stated Not yet confirmed
Be honest with yourself
What could go wrong.
Published by us, not buried by us. These are the specific ways this particular project loses money.
Borrowers default
A pool's past default rate does not predict its next
Concentration in one sector