Most credit losses begin with signals that were present but untracked. Basis provides the managed control layer that maintains borrower-level oversight across covenants, repayment, reporting, collateral, and watchlist discipline.
We screen the book for deterioration, exceptions, missed value, repricing opportunities, under-managed exposure, and borrower movement, then prepare analyst-reviewed evidence packs for the borrowers that need attention, so your team can focus on the judgements that matter.
Each facility type carries its own control requirements. We apply the right framework to each one.
We help credit teams see deterioration earlier and maintain the oversight discipline the book requires.
In-house monitoring depends on team bandwidth, consistent execution, and institutional memory. When any of these are stretched, coverage drops and signals are missed. Basis maintains the discipline regardless of internal pressure.
| Area | Traditional | Basis Partners |
|---|---|---|
| Covenant tracking | —Manual spreadsheet, updated periodically. Gaps emerge when the team is stretched or staff turn over. | ✓Structured tracking with breach alerts, waiver log, and review dates maintained per borrower each cycle. |
| Watchlist discipline | —Subjective and inconsistent. Borrowers enter but rarely exit with clear rationale or documented action. | ✓Analyst-reviewed with defined entry and exit criteria, movement tracking, and open action owners per borrower. |
| Repayment monitoring | —Reactive. Flags surface after missed payments or when arrears reports are reviewed — often weeks later. | ✓Proactive monitoring with trend analysis, pattern flags, and early warning signals before arrears crystallise. |
| Document and reporting chase | —Ad hoc and relationship-dependent. Gaps accumulate without a managed register or follow-up process. | ✓Managed exceptions register with follow-up tracking, due dates, and outstanding status per borrower. |
| Impairment evidence | —Assembled under pressure once the impairment question is already on the table. Incomplete by design. | ✓Prepared continuously. Evidence packs exist before the conversation starts — not assembled after it begins. |
| Collateral and security gaps | —Typically reviewed at origination. Ongoing gap tracking is rare without a dedicated process in place. | ✓Monitored continuously. Perfection issues, security gaps, and valuation drift flagged each review cycle. |
| Credit committee packs | —Time-intensive to produce. Quality and consistency depend on who is available and how stretched they are. | ✓Delivered as part of the managed service. Consistent format and quality each cycle, without internal resource pressure. |
| Coverage consistency | —Varies with team capacity, staff changes, competing priorities, and reporting cycles. | ✓Consistent monthly coverage across the full selected cohort, regardless of internal pressures or absences. |
| Escalation process | —Informal. Relies on the right person noticing and raising the issue at the right time with the right audience. | ✓Structured escalation with analyst-reviewed evidence, clear rationale, and recommended next actions per borrower. |
A structured view of each borrower's position across repayment, covenants, documents, and open issues — updated each review cycle.
A managed view of borrowers requiring closer review, with entry rationale, movement since the last cycle, owners, and next steps.
A cleaner register for breaches, waivers, missing evidence, upcoming review dates, and borrower follow-up items.
A full record of actions taken, outstanding items, owners, deadlines, and resolution status across all active borrowers.
Analyst-reviewed packs showing what changed, why it matters, what source evidence supports the flag, and what action should follow.
Packs ready for credit committee, portfolio reviews, investor reporting, and impairment discussions — consistent format each cycle.
Start with a borrower diagnostic. No commitment required beyond the first review.