What we source
Secured, short-dated loans against the collateral or the contract.
The order a customer has placed, the agreement already signed, the equipment already on the yard.
Credit
Finance built around the work.
Short-term lending, and equipment, contractor and receivables finance, for a business that has the order, the contract or the collateral in hand and needs to move faster than a bank, underwritten and serviced in-house.
- Short-term lending
- Equipment
- Contractors
- Receivables
- Secured, in-house
How we lend
A business has the order or the contract in hand and the bank is too slow: the scenario a bank or a generic lender handles badly and the lending platform is built to handle well.
What we run
Underwriting and servicing in-house; the file is ours end to end.
Underwriting is done in-house before capital moves, and the scenario is assessed for how it fails before the loan is priced; servicing stays in-house for the life of the loan, so the desk that wrote it is the desk that collects it. Performance is checked by the holding company’s own audit rather than reported by the platform, and active asset management runs the book day to day.
How it is checked
In-house audit, not the platform’s own report.
Performance is checked in-house by the holding company, not reported up by the platform.
Structured, not formed, not an offer.
What secures the loan
An operator has the work under contract and needs the truck, the crew, or the float to do it.
Equipment
The truck or the machine the contracted work needs, financed on the contract behind it.
Equipment, contractor and receivables finance is underwritten on the contracted work, not on the operator’s balance sheet alone: the job that is signed is the asset, and the finance follows it.
Contractors
The crew and the draws for a job already signed, controlled against the stages of the work.
The contract is verified before anything is advanced, and draws are controlled against the stages of the work.
Receivables
The float against the invoice the work produces, collected against that receivable.
Collection runs against the receivable the work produces, so the loan is repaid by the job it funded.
Each file is priced by our own underwriting and risk assessment before capital moves, checked by in-house audit, and run day to day under active asset management, the same four controls every platform in the holding company sits on. It is the finance that keeps trucks, crews and routes moving for operators and fleets.
It sits in the specialty finance line beside premium finance. In research, not formed, not an offer.
How a loan is run
Verify
The order, the contract or the collateral is confirmed before anything is advanced; the loan is written on what is in hand, not on the balance sheet alone.
Underwrite
Our own underwriting and risk assessment price the file before capital moves, and the scenario is assessed for how it fails before it is priced.
Fund
Capital moves against the collateral or the contract, and on contracted work the draws are controlled against the stages of the job.
Service and collect
Servicing stays in-house for the life of the loan, and collection runs against the receivable the work produces.
Contract verified
The contract is verified before anything is advanced.
Draws controlled
Draws are controlled against the stages of the work.
Repaid by the job
The loan is repaid by the job it funded.
Serviced in-house
The desk that wrote it is the desk that collects it.
Audited in-house
Checked by the holding company’s own audit rather than reported by the platform.
Run day to day
Active asset management runs the book day to day.
Who the finance reaches
Owners
Business owners
Covered, and the next order funded.
Premium finance and short-term lending, so an owner keeps the business covered and funds the next order without selling a piece of it.
Operators
Operators and fleets
Finance that follows the contracted work.
Equipment, contractor, and receivables finance, underwritten on work already under contract, so trucks, crews, and routes keep moving.