1.0 The Tape
The Tape
Live verified receivable pools for institutional capital.
Asset-level obligor pricing by credit quality and duration
Yield, term, concentration, and sector filters
Continuous control state output from verification through funding
Yield, term, concentration, and sector filters
Continuous control state output from verification through funding
FIG. 1.1
All Receivables
$4.2M · 7.9% avg| OBLIGOR | AMOUNT | YIELD | STATUS |
|---|---|---|---|
| AA+ · Net 45 | $847K | 7.8% | Funded |
| A · Net 30 | $612K | 8.2% | Available |
| AA · Net 28 | $1.24M | 7.4% | Available |
| BBB+ · Net 60 | $524K | 9.1% | Pending |
| A+ · Net 38 | $938K | 8.7% | Funded |
FIG. 1.2
Obligor pricing
Real time spread by credit quality. Size reflects volume.
FIG. 1.3
Settlement path
Machine-readable control state from verification through capital deployment.
2.0 Origin
Autonomous Ingest
Connect the buyer ledger once. Receivables flow continuously.
One ERP connection, continuous ledger discovery
Extract, normalize, validate, exception route
Canonical schema output, machine readable and audit ready
Extract, normalize, validate, exception route
Canonical schema output, machine readable and audit ready
FIG. 2.1
DISCOVER
847
invoices found
›
EXTRACT
812
fields parsed
›
VALIDATE
798
rules passed
| INVOICE | AMOUNT | OBLIGOR | STAGE |
|---|---|---|---|
| INV-4821 | $124,800 | AA+ | Extracted |
| INV-4819 | $67,200 | A | Validated |
| INV-4817 | $312,500 | AA | Queued |
| INV-4815 | $89,400 | BBB+ | Complete |
FIG. 2.2
Multi source ingestion
Any ERP, one governed connection. Continuous receivable discovery across every linked buyer ledger.
FIG. 2.3
Exception routing
Exception-coded failures route to review. Verified records pass directly to the eligible pool.
3.0 Verify
Control State
Thirteen checkpoints. One machine verdict.
Ledger, legal, cash, and collision domains verified independently
Borrowing base and advance rate generated from verified asset state
Control state output routes to capital or exception, not manual review
Borrowing base and advance rate generated from verified asset state
Control state output routes to capital or exception, not manual review
FIG. 3.1
PURCHASE ORDER
PO NumberPO-88214
Amount$124,800
TermsNet 45
ObligorAA+
Line Items12
INVOICE
InvoiceINV-4821
Amount$124,800
TermsNet 45
RatingAA+
Line Items12
AMOUNT
Match
0.00% variance
IDENTITY
Verified
Entity resolved
DUPLICATE
Clear
No prior record
CONFIDENCE
99.4%
Threshold: 95%
FIG. 3.2
Field level reconciliation
Every field independently confirmed. Amount, terms, line items, entity identity. Zero tolerance variance.
FIG. 3.3
Duplicate detection
Hash-level collision detection across the full registry. Every claim tested for uniqueness before funding.