Asset Management Firm
Traditional fixed income manager launches institutional-grade ABF strategy in 8 weeks without adding a single ops hire
Asset Classes
The Challenge
Board mandate to allocate capital to asset-based finance. No ABF operational infrastructure — no facility templates, no data model, no borrowing base framework. Senior team needed to demonstrate institutional-grade operations to warehouse lenders for initial funding and to existing LPs during diligence, on a fixed board deadline. Building everything from scratch was not an option.
The Solution
Pre-Built ABF Facility Templates
Origination templates covering eligibility criteria, concentration limits, covenant structures, and borrowing base mechanics for consumer loans and SME lending — shortcutting months of bespoke build.
Institutional Data Standards
Built on the Alterest industry data model from day one, ensuring data collection and reporting met warehouse lender expectations from first term sheet to first draw.
LP Due Diligence Readiness
Audit trail, governance documentation, and investor-ready reporting enabled the firm to satisfy institutional LP diligence without building a separate reporting function.
Warehouse Lender Credibility
Automated daily borrowing base reporting and continuous covenant monitoring gave the originating warehouse lender confidence in the facility from day one.
We had a board mandate and no ABF infrastructure. Alterest gave us the operational foundation that made our first warehouse facility possible — and our existing LPs comfortable with the new strategy.
— Head of Alternative Credit