Borrower & Ownership
Companies House, directors, group structure, Experian Business & Personal. Three-tier flag system established here.
Roadmap
Currently working on · Round 4: Credit Policy & Mandate — interview phase complete (17 questions captured); three focused exchanges then codification next.
Financial Analysis & Performance
Doc-pack ladder, 5-point positive stack, NDDS detection, behavioural lower-band affordability. v1 = <£350k total exposure.
Asset, Structure, Security, Collateral
Re-sequenced — deferred behind Round 4 by user election. Interview file scaffolded; methodology capture not started.
Credit Policy & Mandate
14 policy dimensions captured · 6-tier mandate ladder with 2D escalation · Killer tier defined (6 entries) · single-blended-document architecture chosen.
Output Format
The shape of the final deliverable — scorecard + credit summary + recommendation. Assembly rules for what each sub-agent contributes.
Cross-cutting Rules
Red flags, deal killers, and the deal-size investigation-depth ladder that calibrates every sub-agent's rigour against total exposure.
Agents
Background Checker
DoneBorrower · Ownership · Directors · Public record
The who of the deal. Runs first — clears the entity, ownership, directors and public-record signals before financials are touched.
- Companies House — filings, tenure, ultimate parent (incl. offshore)
- Open-source media on entity and each director
- Experian Business — CAIS, CATO, CCJs, CIFAS, charges
- Experian Personal — post-consent verification only
- Tier every finding: killer / conditioner / noted
- Halts on missing consent or killer findings
Financial Analyst
DoneAccounts · Bank statements · HMRC · Affordability
The can they pay layer. Runs after Background Checker clears the who. Calibrated to <£350k total exposure.
- Doc-pack band: filed-info vs full-accounts by total exposure
- 5-point positive stack for filleted-only filings
- P&L trends, balance sheet (NAV, DLA, interco, gearing)
- Working-capital sufficiency test
- Bank-statement scan + NDDS / HMRC arrears detection
- EBITDA-DSCR build (full accounts) or behavioural (lower band)
- Draft conditions: HMRC same-day CP, cross-co guarantee, DG uplift
Asset & Structure
Pending — Round 3Asset selection · Structure · Security · Collateral
Will assess the proposed asset (suitability, age, resaleability), the deal structure (term, deposit, LTV), and the security wrap (debentures, PGs, cross-co guarantees).
- Methodology not yet captured
- Will integrate Round 4 policy stipulations on asset type, term, age, sub-hire, debenture waivers
Policy & Mandate
In progress — Round 4Policy-fit · Mandate routing · Killer tier · Escalation
Runs at file-load — auto-checks deal variables against the lender's policy and surfaces flags before the underwriter starts reading.
- 14-dimension policy-fit pre-screen
- 2D mandate routing — exposure × policy-exception authority
- 6-tier escalation (underwriter → board)
- Composite Killer scorecard (low Experian + rejections + CAIS arrears)
- Sector-exclusion auto-decline
- Geography check — mainland UK only
Skills
Methodology principles
Reusable rules codified across rounds. Universal across the toolkit.
3-tier flag system
Killer (decline) · Conditioner (investigate & mitigate) · Noted (record on file)
Deal-size investigation ladder
Depth of follow-up scales with total exposure on the customer, not single-deal size. Codified in Round 6.
5-point positive stack
Clear CATO · good asset · small risk · clear CAIS · director's guarantee. Unlocks approval of a filleted-only filing.
Lower-band behavioural affordability
EBITDA-DSCR is a full-accounts tool. Below the band: CATO headroom + bank balance + narrative carry the affordability read.
NDDS pattern detection
"NDDS" reference + weekly round payments to HMRC = Time to Pay arrangement in place. Bank statements are the primary detection point.
EBITDA-DSCR build
Numerator: EBITDA. Denominator: interest + short-term service on bank loans / HP / leases. Excludes IF/ID, OD, trade creditors.
Realisable-current-assets sufficiency
Cash + trade debtors must exceed trade creditors. Working-capital test for the lower band.
Gearing read sector-relative
<200% universal-fine · ~400% conditioner · ~10x acceptable for rental, leasing and capital-intensive sectors.
Replacement-deal overlay
If the new facility replaces an asset/loan already being paid for, treat cash-flow impact as broadly neutral.
Bureau hierarchy
Experian is the de-facto standard for both business and personal searches in the v1 workflow.
Consent gate
Personal Experian requires verified director consent — broker collects, input team verifies, sub-agents assume upstream.
Policy-fit pre-screen
Round 4 design choice: Policy & Mandate runs at file-load so flags are visible before the underwriter starts reading.
2D mandate routing
Every tier has a (max exposure × max policy-exception authority) box. Crossing either dimension triggers escalation.
Blended credit-and-mandate document
Single doc with mandate routing inline against each rule — Credit Wiz's structural improvement on the typical split.
Per-agent capabilities
What each sub-agent does inside its own domain.
Background Checker Done
- Resolve ownership to ultimate parent (incl. offshore KYC trigger)
- Detect undisclosed directorships across related entities
- Read registered-office changes and serviced-office addresses
- Tier outstanding charges by holder, age, type
- CAIS late-payment behaviour against 10% entry threshold
- Cross-reference CATO rejections with CAIS missed payments
- Personal bureau tiering (bankruptcy, IVA, CCJs, CIFAS, electoral roll)
- Materiality lens on open-source media
- Halt on missing consent or killer findings
Financial Analyst Done
- Determine doc-pack band from total exposure × customer status
- Apply 5-point positive stack to filleted-only filings
- P&L: revenue, gross-margin, overhead alignment
- Balance sheet: NAV, retained earnings, DLA, interco, gearing
- Working-capital sufficiency + debtor-days trend
- Bank-statement scan — OD usage, DDs, director loans, debtor concentration
- HMRC arrears detection via NDDS reference
- EBITDA-DSCR build (full accounts) or behavioural (lower band)
- Replacement-deal & new-contract narrative overlays
- Draft conditions: HMRC same-day CP, cross-co guarantee, DG uplift
Asset & Structure Pending
- Asset suitability — TBD in Round 3
- Asset age and resaleability — TBD
- Deal structure (term, deposit, LTV) — TBD
- Security wrap (debentures, PGs, cross-co) — TBD
Policy & Mandate In progress
- Pre-screen at file-load (not sequential)
- 14-dimension policy-fit check
- Composite Killer scorecard auto-decline
- Sector-exclusion check (gambling, NTE, weapons + more)
- Geography check — mainland UK only, no Hebrides / Ireland
- Min & max lend thresholds
- Refi rules — LTV cap, DCI >£500k
- Mandate routing read off policy data (not tribal knowledge)
- Distinguish Killer (auto-decline) from out-of-policy (escalates)
Connections
External data sources
Where each agent pulls signals from.
Companies House
Statutory filings · directors · ownership trace · registered charges · filing discipline
Used by: Background Checker
Experian Business
CAIS · CATO · CCJs · CIFAS · outstanding charges · scorecard
Used by: Background Checker · Policy & Mandate
Experian Personal
Director bureau — bankruptcy · IVA · CCJs · electoral roll · CIFAS markers · credit-card utilisation
Used by: Background Checker (post-consent only)
Bank statements (≥3 months)
Primary affordability signal · OD pattern · director loans in/out · debtor concentration · post-accounts DDs
Used by: Financial Analyst
HMRC — via bank statements
NDDS reference + weekly round payments = Time to Pay in place. Filed accounts only show year-end position.
Used by: Financial Analyst
Open-source media
Adverse press · regulatory mentions · sanctions screening — location used to disambiguate personal searches
Used by: Background Checker
Filed accounts
Filleted micro-entity (lower band) or full statutory (≥£350k total exposure) — band drives doc-pack rule
Used by: Financial Analyst
Lender policy + mandate doc
Bespoke per lender — defines appetite, dimensions, mandate routing. Credit Wiz ships a dummy template.
Used by: Policy & Mandate
Agent workflow
Pipeline from deal pack to recommendation.
1
Input team
Verifies deal-pack completeness · collects director consent for personal searches · routes to primary agent
↓
2
Policy & Mandate Round 4
Pre-screen at file-load — policy-fit flags surfaced before reading. Killer-tier auto-declines.
↓
3
Background Checker Done
The who — borrower, ownership, directors, public record. Killer findings halt the deal here.
↓
4
Financial Analyst Done
The can they pay — doc-pack band, trading, balance sheet, bank statements, affordability.
↓
5
Asset & Structure Round 3
Asset selection · structure · security · collateral. Pending — Round 3 capture not started.
↓
→
Primary agent assembles
Scorecard + credit summary + recommendation with draft conditions