Whether you run an ABL portfolio at a regional bank, manage a national ABL division, or run a private credit fund, CORA fits the workflow your team already has — without the spreadsheets, the email exchanges, or the analyst overhead.
Every ABL or asset-backed lender struggles with the same question: what is the collateral worth today? CORA gives you the answer in real time, no matter how your facility is structured.
For regional banks, money-center bank ABL divisions, and specialty finance shops monitoring AR, inventory, and M&E facilities.
Real-time collateral intelligence across your entire portfolio — from initial underwriting through ongoing monitoring. Replace the third-party appraisal cycle, the email-driven BBC exchange, and the analyst team scrubbing borrower data.
For BDCs, private credit funds, and PE-backed direct lenders managing term loans, unitranche, and stretch facilities.
CORA scales to the complexity of covenant-heavy facilities — covenant monitoring, cash flow tracking, and collateral coverage in one place. Get the analyst-team-replacing efficiency banks have, with the workflow depth private credit demands.
CORA gives each member of the deal team the view they need — without the data wrangling, the manual reporting, or the cross-team email chains.
"I need to know which borrowers are sliding before they show up on a watchlist."
"I'm chasing BBCs and managing a calendar full of borrower events I can't keep straight."
"My IRL is a Word doc, my findings are a PDF, and reconciling them to the BBC takes two days."
"My team spends 80% of its time cleaning data and 20% on actual analysis."
We didn't reinvent ABL workflows — we automated the parts that waste your team's time. Here's what changes once CORA is live.
Before a facility is approved, model it in CORA. Size the borrowing base on real collateral, structure advance rates and sublimits, and stress-test eligibility, so credit committee sees the deal on real numbers instead of a back-of-envelope estimate.
Stand up a new facility in days, not months. CORA's ingestion engine maps borrower data (APIs or raw files) directly to your eligibility rules, with HILT guardrails calibrated to the borrower's specifics.
The most common pain point in ABL — borrower submits, analyst scrubs, BBC reconciles, availability updates, lender reviews. CORA collapses all of it into a single automated cycle.
Quarterly or semi-annual field exams used to mean weeks of IRL prep, scheduling juggling, and post-exam reconciliation. CORA collapses the prep work and ties findings directly back to the BBC engine.
Credit officers preparing for the quarterly committee don't want to chase down spreadsheets across the team. CORA assembles the package from live data — risk migration, covenant status, benchmarking, exposure.
We designed CORA's onboarding around minimal disruption to your team. Four phases, four to eight weeks, fully live.
Map your facility structure, eligibility rules, and existing reporting. Configure ingestion connectors for each borrower's data sources.
Set up advance rates, concentration limits, HILT guardrails, covenant thresholds, and benchmarking peer groups. Test against historical BBCs.
Provision borrower portals and datarooms. Onboard each borrower with training on submission, scheduling, and self-service updates.
First BBC cycle runs live. Continuous valuations, real-time reporting, and ongoing optimization based on your team's feedback.
Not a generic monitoring tool. Built from the ground up around ABL workflows — the data structures, eligibility rules, and reporting your team uses every day.
Real-time valuations across AR, Inventory, and M&E — recalculated every BBC cycle. No more 12-month-old appraisals driving credit decisions.
Integrated AR, Inventory, and M&E valuations at a fixed annual cost per borrower. No per-appraisal billing, no separate vendors per asset class.
Most ABL borrowers run on legacy ERPs and custom reports. CORA's data ingestion engine handles whatever format they can send — no upgrades required.
Replaces the email and SFTP chaos of BBC exchange. Secure, versioned, audit-trailed — and built into the same platform that processes the data.
Automating data collection, reconciliation, valuation, and reporting reduces ongoing monitoring costs by 25% on average across active portfolios.
Tell us about your facility structure and team, and we'll show you exactly how CORA fits the workflow you already have.