Lending Process

Calibrate controls before money moves.

Translate IC approval into enforceable contractual control. Covenants. Conditions precedent. Security perfection. Collateral valuation. KYC and legal clearance. No funds release until every condition is closed and the Authorization Memo is signed.

In this phase

From IC approval to enforceable facility.

Five activities. Typically two to six weeks between IC approval and first disbursement, depending on collateral and jurisdiction. The output is a live facility every later phase can monitor and enforce.

01

Conditions register

CPs, CSs, and ongoing covenants sequenced

02

Covenant pack

Selected and calibrated against fragilities

03

Risk-to-control

Every fragility carries monitor, trigger, action

04

Collateral & security

Valuation, perfection, KYC clearance

05

Authorization Memo

Final checklist signed, funds release gate

Try it

Three minutes inside the controls.

The structuring discipline that turns IC approval into enforceable contractual control. Pick a deal type. Build the covenant pack. Watch coverage validate in real time.

Interactive preview

Covenant Builder

Select a deal type. The system pre-loads the matching fragilities and recommended covenants. Tick covenants from the Standard Menu. Pack coverage and density validate live against the rule that every material fragility carries a monitor, a trigger, and an action. Output is a draft term-sheet covenant section.

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Working preview · Four deal types, real-time pack validation
The toolkit

The toolkit

Five tools turn IC approval into enforceable control. Each is built from decades of advisory work in markets where audited statements are scarce. We help you pick the ones that fit your process.

Tool 01

Conditions Register

Master control tool. Translates IC conditions into a sequenced register classified as CPs, CSs, and ongoing covenants. Waiver governance built in.

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Tool 02

Standard Covenant Menu

Modular catalog organized by liquidity, profitability, leverage. Each covenant carries a definition, frequency, use case, early warning trigger, and calibration guidance. Working capital, term loan, agriculture seasonal, and FI lending packs included.

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Tool 03

Risk-to-Control Mapping Table

The signature Q-Lana piece. Maps every fragility class to what to monitor, why, trigger threshold, action when triggered, and structural controls. Rule: every material fragility carries a monitor, a trigger, and an action.

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Tool 04

Collateral Valuation and Perfection Workflow

Standardized valuation methodology. Perfection checklist by jurisdiction and asset class. Re-valuation cadence linked to deal type.

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Tool 05

Pre-Disbursement Master Checklist and Authorization Memo

End-to-end SOP across eleven stages from IC Minutes to Handover. The Authorization Memo is the gate. No funds release without it.

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From the field

Practitioners on pre-disbursement

We used to write covenants we never monitored, so we waived them. Calibrating each one against what we could actually enforce cut our waiver requests sharply. Nothing enters the term sheet now unless it lives in the monitoring system.

Head of Credit Operations, microfinance institution

Why this matters

Select only what you can enforce.

A covenant pack is not a wishlist. Every covenant in the term sheet either gets monitored, triggered, and acted on, or it is decoration. The structuring discipline ends here. Every fragility identified at due diligence carries a monitor, a trigger, and an action through to disbursement. What cannot be enforced is removed before it is signed.

For Heads of Credit Operations and structuring teams

Send us your last covenant pack. We'll mark it for enforceability.

Forty-five minutes. We map every covenant against the risk-to-control rule and tell you which ones live in the term sheet but not in your monitoring system.

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Curated news with practitioner commentary. One Deep Dive in rotation. One applied tool. Read in fifteen minutes. Used the same week.

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