Solutions
Where lenders use it.
Three problems secured-lending teams bring to Pledged, and the work each one involves. All three run on the same collateral ledger, starting with inventory-backed lending.
Inventory-backed lending
Know what the borrowing base rests on.
Historical collateral review
Rebuild past borrowing bases from the files as they were, and explain every difference with the certificate.
Third-party inventory reconciliation
Compare what the ERP books with what custodians report, keeping conflicts and unsupported units apart.
Collateral monitoring
See what changed before it reaches the certificate.
Ongoing borrowing-base monitoring
Re-run the reconstruction each reporting period and see what changed, why, and what it does to availability.
Portfolio exception management
Rank exceptions across facilities by their effect on availability, with the evidence each one needs.
Borrowing base automation
Your credit agreement, executed and explained.
Eligibility and reserve analysis
Every exclusion and reserve traced to its rule and source rows, with suggested actions for review.
Credit policy scenarios
Test pools, caps or exclusions on an isolated copy before you change a policy, with the effect of each.
Where Pledged fits
Beside the systems and people you already rely on.
Does the groundwork
- Stores every borrower file exactly as received
- Converts cases to units and removes duplicate rows
- Reconciles the ledger to the borrower’s summary
- Applies your eligibility rules row by row
Keeps apart
- Who the borrower reports owns each position
- Who holds it, and where
- Whether control is documented on record
- When each of those facts became known
Works beside
- Your core ABL system
- Your appraiser’s NOLV
- Your field examiner
- Your credit committee