Approach

Asset-backed financing model

Loans move into a bankruptcy-remote trust, customers pay the trust directly, and FPF controls cash before anything is released to the originator.

Asset originatorFPF cash controls
1
Credit originator→CustomerBorrower originates loans to consumers.
2
Credit originator→FPF TrustLoan ownership is transferred to the trust.
3
FPF Trust→Credit originatorTrust releases advances to the borrower.
4
Customer→FPF TrustCustomer makes payment directly to the trust.
5
FPF Trust→FPF FundTrust holds cash and pays interest and principal when due.
6
Originator data→FPF monitoringReal-time integration with the borrower's data to monitor performance.
Key protection mechanisms
✓
Daily cash sweep
All collections flow directly to FPF-controlled accounts.
✓
True sale structure
Loans are legally owned by a bankruptcy-remote trust.
✓
Real-time monitoring
API integration tracks every payment.
✓
Automatic triggers
Advances stop if performance drops below thresholds.

Result: capital is protected even if the originator faces difficulties.

End-to-end structuring and oversight

1
Portfolio and originator financial diligence

A preliminary assessment to validate origination quality, loan performance and the originator’s operational capacity.

2
Term sheet

We establish preliminary financial, legal and structural terms. If both parties are aligned, we execute the final term sheet.

3
Legal due diligence and deal structuring

Outside counsel performs full corporate due diligence. We engage trustees, FX providers, verification agents and other required parties.

4
Data integration

We integrate with the borrower for real-time collateral tracking, with credit tests and triggers for continuous covenant compliance.

5
Deal funding

Once all structures are in place and conditions precedent are satisfied, FPF disburses the loan.

6
Operational monitoring

Our operations team monitors the collateral, approves cash releases and actively oversees each facility.