At Percent, we prioritize managing risk and commit to transparency about the risks encountered in private credit investing. On every part of our site — from deal pages to posts like this one — we remain honest and open about the risks faced by investors on our platform. We encourage investors to consider this information […]
The typical note structures used on Percent’s investment platform bring various benefits for investors. Most programs provide exposure to a diversified pool of assets and benefit from some form of credit enhancement. The exact degree of these enhancements can be checked on a transaction’s deal page. In securitizations of private credit assets, credit enhancement refers […]
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Our Chart of the Week below shows the metrics Percent considers when choosing to onboard prospective borrower partners. Even after a borrower has gone through a rigorous diligence process with respect to corporate-level factors, dozens more portfolio and deal factors are assessed. In all, 130 metrics are incorporated into our underwriting procedures. This is all […]
Read More… from Chart of the Week: Percent Underwriting Metric Count
The COVID-19 health crisis has had profound effects in private credit markets, both on investment performance and the very working of this corner of the financial sector. Through the last few months, Percent has continued to navigate the challenging yet opportunity-laden times according to its longstanding values of transparency and sound investment structures. However, there […]
A whole business securitization (WBS) is a transaction in which an issuance of notes is secured by a pool of income-generating assets (other than “financial assets” like loans or receivables) that make up substantially all the revenues of a business. Collateral and Industries The underlying cash flows in a WBS are most often royalties of […]
First-ever note to feature real-time performance data Percent’s inaugural offering with Wall Street Funding was our first-ever note to feature real-time performance data. In an investment sector otherwise known for being opaque, the level of transparency that debuted in August was unprecedented. The $1,500,000 Series 2-A note matured on Oct. 8, 2019 and was […]
Read More… from Case Study: Percent’s First Offering with Real-Time Performance Data
Mexico-Based Aspiria Chooses Percent for Competitively-Priced Capital In August, Percent announced our first partnership with a specialty finance company based outside the United States. Aspiria, a Mexican small and medium-sized business (SMB) lender, provides financing to SMBs through various product lines. Leveraging its own data-driven underwriting approach and partnerships with larger merchants, Aspiria is able […]
Read More… from Case Study: Percent Partners With First Emerging Market Borrower