Copy an agent for your loan type, or write your own steps
An agent is a short list of steps. Open the file, pull the figures, check them, file the result. Nothing moves on until the check passes.
See the agent listKestrine For equipment finance, venture debt and franchise lenders
Read every borrower file. Test every covenant.
Kestrine pulls the numbers out of compliance certificates, invoices and royalty reports, tests them against your loan terms and writes up what it found.
- 3,100
- Certificates tested in a year by one equipment lessor
- Same day
- Term sheets at a venture debt fund, down from four days
- 2.4×
- Franchise loans reviewed per analyst, with no new hires
Made for credit teams that redo the math before they fund.
- Equipment lessors
- Venture debt funds
- Franchise lenders
- Fleet finance
- Medical equipment lenders
- Growth lenders
- Small business lenders
- Restaurant lenders
- Captive finance arms
01 How it works
What happens when a borrower file lands.
Kestrine opens each document, pulls the figures, checks them against the loan and files the result. You can see every step and the page behind every number.
Add up the whole book, then hand committee a memo they can mark up
Kestrine sums the checked balance on every loan, shows your exposure, then writes the memo as an ordinary document your team can change.
See a sample memoAsk about any borrower and see where the answer came from
Kestrine searches the data room, the shared drive and the loan ledger, then cites the page behind each part of its reply.
How search worksPlug in your servicing system, CRM and drives, and know when one stops syncing
When a source goes quiet, Kestrine tries again, pulls in the records it missed and tells you which loans it checked a second time.
See supported systems02 Loan types
Three kinds of lending, ready on day one.
A
Equipment Finance
Match invoices, titles and lease schedules to the machines you hold as collateral.
- Invoice matching
- Lien checks
- Residual values
- Lease schedules
| Task | Before | With Kestrine | Result |
|---|---|---|---|
| Lease schedule review | About 2 hours | 12 min | One analyst covers 3x the deals |
| Title and lien checks | Spot checks | Every serial number | Missing liens found before funding |
B
Venture Debt
Track cash, burn and revenue for each company from the packs it sends you.
- Monthly packs
- Runway
- Warrant terms
- Minimum cash tests
| Task | Before | With Kestrine | Result |
|---|---|---|---|
| Monthly pack review | Half a day a company | 25 min | Whole book read by the 5th |
| Minimum cash test | At quarter end | Every month | Shortfalls seen 8 weeks sooner |
C
Franchise Lending
Compare unit sales, royalty reports and franchisor disclosures for every location you back.
- Disclosure review
- Unit sales
- Rent cover
- Multi-unit roll-ups
| Task | Before | With Kestrine | Result |
|---|---|---|---|
| Franchisor disclosure review | About 3 hours | 20 min | Credit view the same day |
| Unit sales roll-up | Rebuilt in a spreadsheet | Updated on upload | $480 to $30 a borrower |
03 Lenders
Notes from credit teams (all made up).
71%Less time on monthly covenant tests
We used to test covenants once a quarter and hope nothing broke in between. Now a certificate comes in, gets read, and the result is in my inbox before lunch.
41Portfolio companies covered by two people
Two of us look after forty-one companies now. Their monthly packs get read the day they arrive, not the week after.
Our analysts stopped retyping royalty reports. They spend that hour calling borrowers instead.
The memo is a plain document. Committee edits it like any other draft, which is why people use it.
Our servicing feed dropped overnight. By morning Kestrine had caught up and listed the loans it had checked again.
04 Security
Borrower files stay private.
Kestrine does not train models on your files. Every read, check and edit is logged with who did it and when.
Read the security page- Outside audit
- Once a year, report on request
- Penetration tests
- Each spring and autumn
- Where data lives
- A US or EU region, your pick
- Private install
- For larger lenders
- Single sign-on
- Included with every seat
- Encryption keys
- Held by you, if you prefer
05 Book a demo
Bring one borrower file. We will test it with you on the call.
We sent the messiest certificate we had, from a borrower who never uses the same layout twice. Kestrine read and tested it while we were still talking.