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Commercial lending
Frostbank Credit · Canada
Frostbank moved its commercial loan book onto LoanHQ with full covenant tracking.
100%
covenants tracked
0
missed reviews
Committee
sign-off
Collateral
registered
The challenge
Where Frostbank Credit started.
Frostbank's commercial book was tracked in 3 separate systems. Covenant breaches were caught late, sometimes after a default.
What we did
How LoanHQ helped.
- Covenant tracking with automated periodic checks.
- Multi-stage approval committees with documented sign-off.
- Collateral register with valuation history per loan.
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