T+0
Instant funding
Drawdown to disbursement in hours. Capital moves same‑day when data and terms are configured.
- Before
- 7–30 days, manual reviews
- Now
- Same day, automatic
Fence operating layer
Modern infrastructure for asset‑backed finance.
Maximum control and transparency for lenders.
Minimum financial and operational burden for originators.
Trusted by leading institutions
What Fence Does
Four agency functions, unified in one system
Fence replaces fragmented workflows with a single platform that enforces facility rules continuously. Mandated at the facility level and modular for new or existing SPVs.
-
01
Verification Agency
100% of assets verified continuously against independent sources. Not sample‑based annual audits.
-
02
Calculation Agency
Eligibility, covenants, waterfalls, and certificates calculated on live data. Not month‑end snapshots.
-
03
Cash Management
Same‑day funding, intraday recycling, and waterfall execution. No idle capital or manual reconciliation.
-
04
Data Analysis & Portfolio Aggregation
Simulations, projections, and unified analytics across SPVs and facilities. Decision tools, not reports.
The Key Difference
Connected to the source, not reliant on spreadsheets
Fence connects directly to originator backends, payment service providers, and third-party databases. No Excel exports, no email attachments. Data flows from the source without human intervention.
All sources connected in real time
Originators
Visa, Stripe
Bank APIs
Registries
DocuSign
Servicers
Who We Help
Built for both sides of the facility
Fence is the connective tissue of the asset-backed marketplace, aligned to originator speed and institutional controls.
Outcomes
Operational efficiency with institutional‑grade controls
15+
New asset classes
High‑frequency, granular assets like MCAs, card receivables, and daily‑originated loans, now viable for institutional capital.
- Before
- 5–7 traditional classes
- Now
- 15+ asset classes
100%
Continuous verification
Full‑portfolio checks with audit‑ready, immutable logs. Every asset validated against independent sources.
- Before
- Sample‑based annual audits
- Now
- Full coverage, every day
↓CoD
Lower cost of capital
Transparency reduces perceived risk. Lenders improve risk‑adjusted returns; originators access better terms.
- Before
- Manual risk premium
- Now
- Data‑backed pricing
How It Works
From term sheet to real‑time operations in three steps
-
1
Digitize facility terms
Encode covenants, eligibility, and waterfall logic into executable rules.
-
2
Connect data sources
Integrate originator and servicer systems via API or scheduled feeds.
-
3
Operate in real time
Continuous monitoring, cash tracing, and automated funding with audit‑ready reporting.
Case Study
BBVA × Payflow
Always‑on facility with automated reporting, cash movements, and real‑time monitoring.
- Instant visibility into eligibility and performance
- Automated drawdowns and distributions
- Material reduction in interest cost and back‑office load
Our Principles
Institution‑grade infrastructure, built for the internet era
Fence is asset‑light infrastructure for debt operations. We focus on precision, transparency, and neutrality so lenders and originators can operate with confidence.
01
Precision
Rules enforced continuously with minimal manual intervention.
100% rule coverage · zero drift
02
Transparency
Real‑time reporting and clear audit trails for all parties.
Immutable logs · exportable
03
Neutrality
No balance‑sheet risk. Fence operates as infrastructure.
Asset‑light by design
Trust & Compliance
Built to enterprise security and regulatory standards
Institutional controls, audit-ready processes, and the certifications counterparties expect.
ISO 27001
Information security management certified
SOC 2 Type II
Audit-ready controls (in progress)
In progress
GDPR
Data privacy compliance for EU operations
Get started
Modernize your facility operations.
A 30‑minute walkthrough with our team. No pitch, just plumbing.