Treasury and capital orchestration infrastructure
Private credit infrastructure that scales
One system for originating loans and running the facilities that fund them. Borrowing base, covenants, verification and lender reporting all compute from live data, so the numbers your lenders see are the numbers you see.
Built for fintech and NBFI originators, and for the institutional lenders who fund them.
Illustrative interface. Figures are examples, not client data.
The shift
The market is not retreating from private credit. It is maturing
Private credit has seen three fraud-driven collapses in six months. Loans were pledged to more than one warehouse facility, and each of the institutional lenders providing those facilities believed it held an exclusive senior claim on the same assets.
Capital is still flowing. Spreads may have widened in places and diligence cycles are somewhat prolonged, but nobody is pulling out of asset-backed finance. What has changed is the conversation around controls.
Lenders are now asking harder questions.
- Who, independent of the originator, has visibility into the loan-level data underpinning my facility?
- Are pledged assets reconciled across all of the originator's funding lines, not just mine?
- If the originator failed tomorrow, would my collateral position survive a forensic review?
These are questions a well-run originator should welcome, because the answers are also a competitive advantage. A platform that can demonstrate clean, independently verified, cross-facility loan-level integrity raises capital faster, on better terms, and at greater scale. This is the gap Feesable is helping to close: verification as infrastructure, not friction.
One platform
Origination and capital management, on one ledger
Most originators run origination on one vendor's stack and capital management on another, then reconcile the two by spreadsheet. Feesable removes the seam. Every loan is collateral-tagged the moment it is created, so the pledged pool is never assembled after the fact from a data tape. It already exists.
Loans created inside the platforms where demand already sits
- Application, KYB and document collection
- Configurable credit policy and pricing
- Servicing, collections and payment rails
Facilities run on the same records that created the assets
- Borrowing base and eligibility, computed live
- Covenant monitoring and cure workflows
- Drawdowns, waterfalls and lender reporting
No loan tapes
Data is read from source systems, not prepared in spreadsheets that can drift or be edited.
Event-driven, not batch
A repayment, a new loan or a DPD change recomputes the base immediately.
One calculation, two audiences
Your treasury team and your lender read the same number from the same store.
Borrowing base
From pledged pool to borrowing base, explained line by line
Every exclusion, every haircut and every advance rate is a rule you can read. Then the optimiser looks for value the rules leave trapped, and shows you exactly which moves release it.
Delinquent, over-tenor and unhedged assets excluded. Concentration excess trimmed in value, not removed.
baseline pool: $132.7M eligible at 85.0% advance optimised pool: $138.1M at 85.5%, delta +47 bps
- Shift 38 logistics loans to the facility with headroom+$2.1M
- Re-include 122 cured assets, 30 days clean and re-tested+$1.8M
- Rebalance the FX hedge to recover the unhedged trim+$1.4M
All twelve covenants still hold. The allocation is deterministic and replayable: the same ledger state returns the same answer, so compliance is never left to probability.
Illustrative build for a $180M senior warehouse. Figures are examples, not client data.
Solutions
Take the whole platform, or the part you need first
Each module runs on its own and compounds when combined. Most originators start where the operational pain is loudest, then extend along the same ledger.
Services
Or appoint us as your agent
Some facilities need an independent party in the loop rather than another internal tool. Both services run on the same platform, so if you later bring the work in house, nothing has to be rebuilt.
One calculation, two audiences
For originators
Be facility-ready before your next lender asks
- A daily borrowing base instead of a monthly spreadsheet exercise
- Covenant headroom you can see forming, weeks before it binds
- Diligence answered from an audit trail rather than an email thread
- Advance rate and allocation optimised against every covenant at once
For lenders
See the collateral, not a summary of it
- Loan-level visibility into the pool supporting your facility
- Exclusive-pledge checks across every one of the originator's funding lines
- Certificates and covenant tests rendered from the same compute the originator uses
- Counterparty portal seats at no cost to you
How the platform earns institutional trust
Connected to the source
We read your backend, warehouse and payment rails directly. No emailed tapes, no CSV handoffs that can be edited.
Deterministic and replayable
Every calculation traces to an immutable input set and a versioned rule. A certificate from six months ago re-runs exactly.
Whitelabel by default
Your borrowers and your lenders see your brand. Feesable stays invisible, and never uses your data for anything else.
Controls at source
Eligibility mirrors facility covenants at origination, so the platform cannot book an asset the facility could not absorb.
Streamline the facility you have. Unlock the next one on better terms
Implementation runs in weeks, not quarters. Bring a facility document and a sample of your loan data, and we will show you your own borrowing base.