After the sale
Warehouse eligibility testing
Planned. Design partners decide what ships first.
The same rules that decide whether a loan can sell decide whether it can stay on a warehouse line. ProvenPool will run the facility's terms on every borrowing-base pledge.
The problem
Borrowing-base certificates are assembled in spreadsheets, and ineligible loans surface in the lender's audit, sometimes with a margin call attached.
How it works
- Facility terms as rules, including advance rates and concentration limits.
- Daily or per-draw testing of pledged loans.
- Borrowing-base summaries for the lender.
Related features
- On the roadmap
Continuous collateral monitoring
Rerun buyer and facility criteria on the servicing file nightly and catch loans drifting out of eligibility while they can still be cured.
- Live today
Buyer eligibility rules engine
Turn the buyer's eligibility schedule into rules and test every loan against them in seconds.
Reach out
Want this on your next loan sale?
ProvenPool is onboarding a small group of design partners: originators with a sale in the next two quarters. You get hands-on setup on a real pool, free. Reach out and we'll set up a 30-minute call.