Can the two million dollar funding request for Harbor go out today?
That is the first question in the CORA commercial, and the analyst has the answer before the managing director has finished asking it. Availability covers it, and every other funding requirement is met. Sable's springing covenant triggered, and the five million dollar availability block is already in place. Kessler's receivables concentration dropped back under the cap on this morning's run. Marlowe's third quarter financials and the full September package came in; the updated insurance and the fourth quarter projections are still outstanding.
Four borrowers, four questions, four answers, and the meeting is over.
How is he doing all this?
He is not. CORA is.
CORA monitors every borrower on every update: the funding request tested against the credit agreement, the springing covenant and the block it puts in, the concentration against its cap, the deliverables due and the ones that have arrived. The answers are ready when the question comes.
Schedule a demo today.