# What is Finley? Finley is the first portfolio management platform built to streamline lender-borrower and lender-lender relationships in addition to optimizing internal operations and analysis. Banks, borrowers, and asset managers use Finley to centralize, digitize, and automate everything from interest and fee calculations to performance trend cards and compliance triggers. ### Guides: Jump right in Follow our handy guides to get started on the basics as quickly as possible: {% content-ref url="/pages/PhZl4lTt5wmkG1O9FXHZ" %} [Implementing Finley](/guides/implementing-finley) {% endcontent-ref %} {% content-ref url="/pages/SEkbktm2RdPL5XfP9Pzb" %} [Executing a Funding Request](/guides/executing-a-funding-request) {% endcontent-ref %} {% content-ref url="/pages/HviOnDKCItjScPKNxzsG" %} [Monitoring Your Credit Facility](/guides/monitoring-your-credit-facility) {% endcontent-ref %} ### Capabilities Learn the fundamentals of Finley to get a deeper understanding of our main capabilities: {% content-ref url="/pages/jNtqPo9CP0WoaVcS6P8b" %} [Digital Credit Agreement](/core-capabilities/digital-credit-agreement) {% endcontent-ref %} {% content-ref url="/pages/dQoXjs6ADq16YetLDbeH" %} [Monthly Servicer Reports](/core-capabilities/monthly-servicer-reports) {% endcontent-ref %} {% content-ref url="/pages/J1Pejzrl1hN7r2BSN2i9" %} [Draw Requests](/core-capabilities/draw-requests) {% endcontent-ref %} {% content-ref url="/pages/f4jSPB8CN9hWdZYk5eCq" %} [Borrowing Base Insights](/core-capabilities/borrowing-base-insights) {% endcontent-ref %} # Implementing Finley ## Requirements To get started with Finley, we’ll need access to your credit agreement and ongoing servicing tapes. Once we have these documents, we’ll implement the product to the specifications outlined in your credit agreement. From there, you have the option of connecting your credit facility-related bank accounts so we can fully monitor the balances of key accounts for reporting and compliance purposes. You can also integrate Finley with Slack and Email to receive [notifications](/core-capabilities/settings#notifications) on your credit facility. ## Features Some highlights of Finley’s product include the ability to submit funding requests with a few clicks, view credit facility analytics, and fulfill upcoming deliverables required by your capital provider. These tools can be used to maximize your access to credit, optimize cost of capital, and maintain credit facility compliance. ![Finley Home Page](/files/tPXcl5ieEXd64p7jTnEZ) # Getting Started with Finley ## Navigation Users can find the progress of implementation process from the homepage. Once the implementation process is complete, you’ll be able to access the full suite of Finley’s products. The sidebar on the left side of the dashboard shows each of Finley’s different modules: Credit Agreements, Reports, Funding Requests, Insights, Statements, and Deliverables. At the top right of each page you’ll find a dropdown box where you can toggle between multiple credit facilities if necessary. If you change credit facilities, the change will be implemented across the other pages. ![Toggling between credit agreements](/files/6wtXIwEm5Qm8uX3zhOFS) ## Key Features * The [Insights](/core-capabilities/borrowing-base-insights) page can be used to see an overview of your funding trends, borrowing base, and cost of capital. You can see a detailed breakdown on the eligibility status of your assets as well as your concentration limits. * You can submit [funding requests](/core-capabilities/draw-requests) and view the status of existing funding requests from the tab on the left. Finley automates the reporting requirements and checks the status of your credit facility to make this a seamless process. * You can use the [Deliverables](/core-capabilities/deliverables) page to view and fulfill all upcoming reporting requirements due to your capital provider. ## Learn More To schedule a live Finley training session or for access to a recorded training of Finley, reach out to your Finley point of contact via email, or contact . # Executing a Funding Request ## Instructions To seamlessly make a funding request to your provider, you can navigate to the Funding Requests page on the left. If you have no other funding requests in progress, you can select the option to initiate a funding request. Finley will incorporate the latest available financial data as the key components to the funding request. On the next page, you can find Finley's suggested request based on your borrowing base. You can use the sliders to adjust this request, which will stay in line with what’s permitted according to the borrowing base calculations. You can also adjust for recycling and reinvestment of cash, as well as the paydown of your facility. Once these steps have been completed, you can review and submit the funding request on the following pages. For a more detailed overview of how the process works, you can visit the [Funding Requests](/core-capabilities/draw-requests) section. ![Submitting a Funding Request](/files/UbgeOkanGpfeYk1yHZEg) # Monitoring Your Credit Facility ## Insights You can use the features on the Insights page to view all mechanics behind your credit facility. You can see the performance of your portfolio and borrowing base over time, including utilization effective advance rate over time. We also provide access to analytics on eligibility and concentration limits so you can see what factors are affecting your advance rate, both on a historical and go-forward basis. ![Finley's Insights Page](/files/wLuH7cgpz2dnzk6mfdyG) ## Statements The Statements page keeps track of your credit facility ledger, as well as interest and fees that have accrued over time. ![Finley's Statements Page](/files/g98ZtKtzoB6CXaPC17Uz) ## Deliverables The Deliverables feature helps you track and fulfill key items that must be provided to your capital provider. It shows exactly what must be sent and is organized by due date. By staying on top of your deliverables, you can avoid penalties and fees and maintain maximum access to your credit facility. ![Finley's Deliverables Page](/files/8z7IXdYVWsXJYlPnMXxk) # Digital Credit Agreement ## Overview The Credit Agreement Tab is where you can find key details of your credit agreement. This page contains the details necessary to run Finley’s software, and it is unique to the specific facility indicated at the top right of the page. You can use the box in the top right to toggle between credit agreements if you have several capital providers. You can also download copies of your credit documents at the top of the page. {% hint style="info" %} **Hint:** By toggling the credit agreement in the top right hand corner, the change will be applied across all other tabs. {% endhint %} The information on the page is categorized into Transaction Details, Facility Mechanics, Reporting Deliverables, and Borrowing Base Mechanics.
# Automated Borrowing Base Calculation ## Overview A borrowing base is the amount of money a company can borrow from a lender. Specialty finance companies that rely on asset-based borrowing need to calculate and report on their borrowing base on a regular basis to maintain access to their debt line. Lenders calculate the borrowing base amount by adding up all the assets that a borrower can put up as collateral (cash, inventory, and accounts receivable, for instance) and then “margining”, or applying a discount factor, to arrive at a maximum loan amount. Finley automatically ingests data from loan tapes, validates or verifies that data, and then calculates borrowing base amounts that are used for the Funding Request workflow and for Finley's Insights feature. # Draw Requests ## Overview The Funding Requests Tab streamlines the process of initiating and reviewing funding requests to your capital provider. Finley uses the data from your credit agreement and servicing tape to determine the minimum and maximum advance rates, confirm that all covenants and obligations are met, and contact your capital provider. This allows you to make draw requests with a few clicks of a button and confirms you are in line with all the loan’s requirements. ## How to Submit a Funding Request To submit a funding request, you can navigate to the Funding Request Page. If you have no other funding requests currently being processed, you will see an option to initiate a new funding request. By Selecting this option, you will be presented with the recommended funding request package based on your assets and loan availability. The paydown, recycling, draw request, and effective advance rate can be adjusted using the sliders on the page. Finley has calculated the maximum and minimum amount for each of the values on your request page according to your credit agreement and servicing tape, so you never have to worry about funding compliance. {% hint style="info" %} **Hint:** In the table on the right, you can also see the impact to the loan outstanding and effective advance rate, as well as an overview of the components of your borrowing base. {% endhint %} After adjusting your request as necessary, you can continue to review the details of your request. From this page, you can confirm the amount, source, and destination of the draw request or source paydown. At the top of the page, you can also see the funding request ID, which we use to track your request’s status with the capital provider. After submitting the funding request, you will receive an email notification with key deliverables that have been sent to your capital provider, including the notice of borrowing and the servicer report. Finley will coordinate with the capital provider and send a notification via email and Slack once the funding request is approved. The video below shows the process of submitting a funding request from start to finish. ![Submitting a Funding Request](/files/UbgeOkanGpfeYk1yHZEg) ### Changing a Funding Request Date To change a Funding Request Date, first select your funding amount in the "Plan funding request" tab and click "Continue." On the "Confirm funding request" tab, use the Date Picker to change your funding request date.

Use the Date Picker in the "Confirm funding request" tab to modify the target funding date

## History Tab
From this history tab listed at the top of the page, you can see past funding requests that have been made. The rightmost column shows the status of the funding request. The status will show up as approved, canceled, submitted, pending, expired, or rejected. The meanings of each term are outlined below: * **Approved:** The request was approved and you’ve received access to the capital. * **Canceled:** You canceled the request. Note that this will appear for both pending and submitted requests. * **Submitted:** The capital provider is still reviewing the request. * **Pending:** The request has not been submitted yet and can still be modified by clicking on the request or going back to the submit funding request tab. * **Expired:** The request was not submitted or approved in time. * **Rejected:** The funding request was not approved. Check with your capital provider to see if there were any issues. The details of each request appear in the 2nd, 3rd, and 4th columns of the history tab, and additional details can be found by clicking on the funding request. By clicking on the request, you can also view the notice of borrowing and the servicer report. You can filter the history of funding requests using the tool at the top of the history page. {% hint style="info" %} **Hint:** The default screen lists the entire history, but the filter can sort by date or status. {% endhint %} ## Reviewing vs. Initiating a Funding Request You will notice that you can only submit one funding request at a time. If you have already submitted a funding request, you must either wait for it to be approved by your capital provider or cancel the existing funding request before submitting another one. {% hint style="info" %} **Hint:** Only funding requests labeled as “Submitted” or "Pending” can be canceled. {% endhint %} You can also cancel from the history tab by clicking on the funding request and selecting the “cancel submission” button in the bottom right. ![Cancelling a Funding Request](/files/evzKa99YbSWyiseLYtRE) # Recycle Requests ## Overview The Funding Requests Tab streamlines the process of initiating and reviewing funding requests to your capital provider. Finley uses the data from your credit agreement and servicing tape to determine the minimum and maximum advance rates, confirm that all covenants and obligations are met, and contact your capital provider. This allows you to make draw requests with a few clicks of a button and confirms you are in line with all the loan’s requirements. ## How to Submit a Funding Request To submit a funding request, you can navigate to the Funding Request Page. If you have no other funding requests currently being processed, you will see an option to initiate a new funding request. By Selecting this option, you will be presented with the recommended funding request package based on your assets and loan availability. The paydown, recycling, draw request, and effective advance rate can be adjusted using the sliders on the page. Finley has calculated the maximum and minimum amount for each of the values on your request page according to your credit agreement and servicing tape, so you never have to worry about funding compliance. {% hint style="info" %} **Hint:** In the table on the right, you can also see the impact to the loan outstanding and effective advance rate, as well as an overview of the components of your borrowing base. {% endhint %} After adjusting your request as necessary, you can continue to review the details of your request. From this page, you can confirm the amount, source, and destination of the draw request or source paydown. At the top of the page, you can also see the funding request ID, which we use to track your request’s status with the capital provider. After submitting the funding request, you will receive an email notification with key deliverables that have been sent to your capital provider, including the notice of borrowing and the servicer report. Finley will coordinate with the capital provider and send a notification via email and Slack once the funding request is approved. The video below shows the process of submitting a funding request from start to finish. ![Submitting a Funding Request](/files/UbgeOkanGpfeYk1yHZEg) ### Changing a Funding Request Date To change a Funding Request Date, first select your funding amount in the "Plan funding request" tab and click "Continue." On the "Confirm funding request" tab, use the Date Picker to change your funding request date.

Use the Date Picker in the "Confirm funding request" tab to modify the target funding date

## History Tab
From this history tab listed at the top of the page, you can see past funding requests that have been made. The rightmost column shows the status of the funding request. The status will show up as approved, canceled, submitted, pending, expired, or rejected. The meanings of each term are outlined below: * **Approved:** The request was approved and you’ve received access to the capital. * **Canceled:** You canceled the request. Note that this will appear for both pending and submitted requests. * **Submitted:** The capital provider is still reviewing the request. * **Pending:** The request has not been submitted yet and can still be modified by clicking on the request or going back to the submit funding request tab. * **Expired:** The request was not submitted or approved in time. * **Rejected:** The funding request was not approved. Check with your capital provider to see if there were any issues. The details of each request appear in the 2nd, 3rd, and 4th columns of the history tab, and additional details can be found by clicking on the funding request. By clicking on the request, you can also view the notice of borrowing and the servicer report. You can filter the history of funding requests using the tool at the top of the history page. {% hint style="info" %} **Hint:** The default screen lists the entire history, but the filter can sort by date or status. {% endhint %} ## Reviewing vs. Initiating a Funding Request You will notice that you can only submit one funding request at a time. If you have already submitted a funding request, you must either wait for it to be approved by your capital provider or cancel the existing funding request before submitting another one. {% hint style="info" %} **Hint:** Only funding requests labeled as “Submitted” or "Pending” can be canceled. {% endhint %} You can also cancel from the history tab by clicking on the funding request and selecting the “cancel submission” button in the bottom right. ![Cancelling a Funding Request](/files/evzKa99YbSWyiseLYtRE) # Statements (Draws, Interest, Fees) ## Overview The Statements page shows the history of all transactions that have happened between the borrower and the lender. Examples of transactions that will show up on this page include approved draw requests, collections paydowns, cure paydowns, manual credit and manual debits. The columns list the date on which the transaction was settled, the type of transaction it was, the amount that was debited or credited to the balance, and the total loan balance.
## Features The transactions in the ledger can be filtered by both date and type using the boxes at the top of the page. In default form, the ledger will list all transactions that have happened. The filtered ledger can also be exported as a CSV displaying what is on the screen. ![Export Statements to CSV](/files/2RiokFWNjKlsn0DUjyuH) # Monthly Servicer Reports ## Overview The Reports section contains all historical reports produced and processed by Finley. For example, when you send in a funding request, the relevant deliverables that Finley produces will appear here and can be downloaded in the column on the right. We also track Key Performance Indicators based on the servicing tapes and response tapes that have been produced. These indicators are updated each time a report is generated and appear at the top of the page. ## Functionality The reports tab helps keep track of all the items that can be provided to your capital provider and helps organize what has been produced when. It also keeps track of KPIs that can often be much more cumbersome to produce manually. ![Finley Reports Page](/files/itPVrIkTzHTXgoVjeJ31) # Borrowing Base Reporting ## Overview The Reports section contains all historical reports produced and processed by Finley. For example, when you send in a funding request, the relevant deliverables that Finley produces will appear here and can be downloaded in the column on the right. We also track Key Performance Indicators based on the servicing tapes and response tapes that have been produced. These indicators are updated each time a report is generated and appear at the top of the page. ## Functionality The reports tab helps keep track of all the items that can be provided to your capital provider and helps organize what has been produced when. It also keeps track of KPIs that can often be much more cumbersome to produce manually. ![Finley Reports Page](/files/itPVrIkTzHTXgoVjeJ31) # Receivables Dashboard Overview Reviewing receivables is an important part of ensuring that capital markets operations run smoothly. However, reviewing receivables in Microsoft Excel can be cumbersome, especially with large loan tapes that contain many fields. Finley's Receivables Dashboard allows users to show/hide receivables columns and set up filter views to quickly drill down on receivables that are complex or high-volume. ## How to Use the Receivables Dashboard The two main capabilities of the Receivables Dashboard are showing and hiding columns, and setting up filters to view receivables of interest.

Showing or hiding columns enables users to quickly view important receivable metadata

Adding and saving filters enables users to view relevant subsets of receivables

# Borrowing Base Insights ## Overview The Insights page provides a bird’s eye view of key components of your credit facility. It shows data on the borrowing base, eligibility, and concentration limits. These features can help you monitor your performance and maximize use of your credit facilities. ## Borrowing Base ### Summary The borrowing base tab shows the performance of your assets against the terms outlined in your credit agreement. It can also help you monitor the quality of your collateral, maximize your effective advance rate, and optimize cost of capital. The boxes at the top summarize the KPIs of your borrowing base. Below are definitions of each of the KPIs provided on the page: * **Total Exposure:** The sum of all the receivables provided in the servicing tape. * **Total Eligible Exposure:** The receivables in the servicing tape that meet the requirements provided by your capital provider to serve as collateral. They do not include receivables with delinquencies or other items that the capital provider has flagged in the credit agreement. * **Total Excess Concentration:** The portion of receivables that exceeds the thresholds or concentration limits outlined in the credit agreement (note: ineligible receivables are removed from the Borrowing Base, while only portions of receivables with excess concentration are removed from the Borrowing Base) * **Borrowing Base:** The total amount of money that can be borrowed from the capital provider * **Max Advance Amount:** The maximum amount that can be borrowed from the capital provider * **Facility Utilization:** The portion of the loan that has already been drawn on * **Total Cash Balance:** The amount of cash the borrower has on its balance sheet * **Effective Advance Rate:** The max advance amount, expressed as a percentage of the total collateral
### Borrowing Base and Advance Rate Graphs The borrowing base graphic displays your total borrowing base and maximum advance rate over the past several weeks. The asset effective advance rate shows the advance rate over the same period. ![Borrowing Base Graphics](/files/GUYqXsKPHIbrFm3Oem0F) ## Eligibility ### Summary Total exposure is the sum of all the receivables provided in your servicing tape. Eligible exposure is the amount of these receivables that can actually service as collateral, and ineligible exposure is the difference. The pie chart on the left side of the page shows the portion of receivables that are eligible. The chart on the right lists the reasons certain proportions of receivables are ineligible. ## Concentration Limits ### Limits Concentration limits are criteria outlined in the credit agreement that the portfolio of receivables must satisfy. The boxes at the top of the page show the total number of limits that must be satisfied, the amount that are broken, and the dollar value of receivables that cannot serve as collateral because they break one of the concentration limits. ### Excess Concentration The excess concentration section lists the amount of receivables that are restricted as a result of each breached limit. The graph at the bottom of the page shows the historical performance of each concentration limit plotted against the threshold highlighted in red. Breached limits are highlighted in red in the x-axis at the top of the graph. This page can be used to easily identify where receivables are tied up and evaluate what can be done to avoid breaching the limits. {% hint style="info" %} **Hint:** you may need to scroll to the right to see the full list of concentration limits. {% endhint %} # Strats & Report Builder ## Overview The Borrowing Base / Strats page provides detailed views of strats, or in-depth analyses of borrowing base composition and performance. These pages include breakdowns of collateral across a number of dimensions, including: * Industry * Cohort * Delinquency * Losses over time ## Strats ### Summary The Strats tabs display information about receivables by industry, cohort, and delinquency. For example, you can quickly view delinquent exposure or aggregate receivable count.
### Report Builder The Report Builder within the Strats capability enables users to create and save custom reports that may be of interest, such as the performance of receivables in a specific cohort or subgroup.
# Reports Repository ## Overview The Reports section contains all historical reports produced and processed by Finley. For example, when you send in a funding request, the relevant deliverables that Finley produces will appear here and can be downloaded in the column on the right. We also track Key Performance Indicators based on the servicing tapes and response tapes that have been produced. These indicators are updated each time a report is generated and appear at the top of the page. ## Functionality The reports tab helps keep track of all the items that can be provided to your capital provider and helps organize what has been produced when. It also keeps track of KPIs that can often be much more cumbersome to produce manually. ![Finley Reports Page](/files/efmc2sJVnfRINrreJd8g) # Manual Uploader ## Overview Finley's [Data Integrations](/core-capabilities/data-integrations) allow you set up programmatic bank and loan data transfer to Finley, both of which are necessary for [Draw Requests](/core-capabilities/draw-requests) and other Finley features. In some cases, though, it's necessary to manually upload **Loan Tape** and **Cash Balance** CSV files. The **Manual Uploader** enables you to upload the file inputs necessary to kick off a Funding Request. ## How to upload loan tape and cash balance CSVs 1. Navigate to the **Manual Uploader** capability from the sidebar. 2. Select your reporting date. 3. Upload the **Loan Tape** and **Cash Balance** files for your credit facilities. 4. Upon a successful upload, the **Status** column will display a green checkmark icon. {% hint style="info" %} **Note:** Uploading new files will invalidate prior submissions. {% endhint %}
# Deliverables ## Overview The Deliverables tab lists upcoming items deliverable to your lender as outlined in the credit agreement. Examples include financial statements, compliance certificates, and borrowing base reports that must be submitted on a set cadence to maintain compliance. Here, you can see where in the credit agreement each deliverable is contained, the date on which it is due, as well as its status. {% hint style="info" %} **Hint:** The page shows all deliverables due within the next 90 days. {% endhint %} ## Organization Deliverables are organized in order of urgency. From the tabs at the top, you can view deliverables due within the next 30 days, next 90 days, and past deliverables. The tabs also show how many deliverables are contained in each column. By clicking on the deliverable, you can see more specifics, including the deliverable ID, required documents, and the description from the credit agreement. {% hint style="info" %} **Hint:** By hovering above certain items, such as the required documents and credit agreement section, you can find additional details {% endhint %} ![Deliverables Overview Page](/files/nU9x2K2bApiRrAX8eeDY) ## Status The status of each deliverable is listed in the rightmost column. It will be labeled as either not submitted, overdue, completed, or waived. You can adjust the status of each deliverable by clicking on the status dropdown box. ![Statement Details](/files/bi7T5ixXgTlEjxj3KCp9) ## Notifications You will receive notifications about upcoming deliverables via [Slack](/core-capabilities/settings#slack-integration) and email. An update will be sent in your weekly digest when a deliverable is due within 90 days. From there, cadences for notifications will vary depending on the timing of the deliverable. For deliverables due on a monthly, quarterly, or annual basis, an email notification will be sent 30 days before it is due, and a slack notification will be sent 7 days in advance. For deliverables due on a weekly basis, an email notification will be sent 7 days in advance and a slack notification will be sent 3 days in advance. You will receive additional notifications for deliverables that are overdue, and you will also receive notifications when the status of a deliverable has been updated or completed. # Calculation Terminologies ## Overview The Calculation Terminologies feature shows the definitions and formulas of key credit agreement and credit facility terms. Having access to all terms, definitions, and formulas in a central, searchable interface helps streamline capital markets operations within teams, and also betwen lenders and borrowers.
# Event Log ## **Description** The Event Log shows everything that has been processed by Finley each day. Events listed here include updates to the status of deliverables, ingestion of servicing reports, and funding requests. Events are sorted by date, and the timestamp of each event can be found to the right. Events related to all credit facilities will show up on this page. ![Finley's Event Log](/files/R7ZJP4CXyZYgf6oFdT1h) # Finley API Click [here](https://api.finleycms.com/api-docs/#/) to view Finley's API documentation. ## # Settings ## User Information This section shows an overview of the details provided to Finley, including your organization, industry, name, and email. You can edit personal information from this page. ## Bank Accounts The Bank Accounts page shows the list of all your bank accounts organized by each credit facility. For each account, you can view the holder, institution, account information, classification, connection provider, and balance. ### Add New Accounts To add a new bank account, select the “add new bank account” button at the top of the page. From here, add all the requested information regarding the bank account. Note that for the account type, you can only select between collections account, other reserve account, parent operating account, or pre-funding account if the account holder is your institution. In order to set up the funding account or SPV, you must select the account holder as your capital provider. Note that once an account has been added for a certain credit facility and account holder you cannot create any additional accounts. In other words, you can have a maximum of 5 accounts for each credit facility. ![Adding a Bank Account](/files/EdNaV8gk8Mq4VGpTBEhW) Once an account has been added, as shown in the video above, its details can be edited by pressing the settings icon, and it can be deactivated by pressing the trash icon. ## Bank Integrations Finley provides the option to integrate data from different bank accounts with our system. This simplifies the compliance process and gives your capital provider immediate insight into your flow of funds. From this page you can connect new accounts and view accounts already integrated. The dashboard shows the name of the account, type of account, and the amount of funds. You can use both Plaid and Teller to integrate a bank account by pressing the “connect new account” button under each header and logging into your account. ![Integrating Bank Data](/files/pROHrbuVJKa6PDZum3Oe) ## Notifications ### Managing Notifications The notifications tab allows you to configure the Slack and email alerts you receive from Finley. Email notifications can be managed via the dashboard on the page. You can choose to receive regular digest emails providing a summary of your credit facilities, funding request emails, and deliverables updates. Slack notifications can be managed in Slack once integrated. ### Slack Integration #### Overview Finley provides a Slack application that notifies you of updates on your Finley-managed credit facility. This guide walks you through the process of connecting the Finley Slack app with your existing Slack Workspace. #### Step-by-Step Instructions 1. Choose a channel (or multiple channels) in your Slack workspace where you want to receive notifications from Finley. You can create new channels for this purpose, or use your existing channels. Keep these in mind for now. 2. Log in to Finley at app.finleycms.com in your web browser. 3. Navigate to the Settings tab in the left-hand sidebar of the application, then select the Slack tab along the top. 4. Click Add to Slack and follow the on-screen prompts 1. From the dropdown, select the channel (or one of the channels, if there are multiple) where you’d like to receive Finley notifications. Click Allow. 2. You will be redirected to your Slack workspace. You can now exit the window. 3. You should see in the channel that you have added a new integration. 5. Repeat Step 4 for every channel where you would like to receive notifications. 6. Invite the Finley app to each channel you connected in Step 4. In the connected channel in your Slack workspace, type /invite @Finley. You should then see that the Finley app has been added to the channel. # Data Integrations ## Overview Ensuring that your bank, asset, and credit agreement data are properly stored within Finley is a critical part of automating your funding requests, staying on top of compliance, and streamlining your capital markets operations. In the following pages, we walk through how to set up your bank data integrations within the Finley application, and how to set up AWS, SFTP, and/or other asset data integrations with Finley to ensure consistent data transfer. # AWS S3 Setup Guide ## Overview Finley uses AWS S3 data transfer to take in customer asset tapes on a regular cadence. This guide walks you through our preferred data transfer setup. ## Step-by-step instructions The three steps to setting up an S3 transfer with Finley are: 1. **Give Finley your AWS account ID**. Finley will create an S3 bucket with cross-account permissions to your account, and let you know the name of the bucket (referenced onwards as \[cross-account-bucket-name]). 2. **Confirm that your AWS account has access.** Once the bucket has been created, an admin user will be able to access the bucket via CLI (`aws s3 ls s3://[cross-account-bucket-name] --profile [admin-aws-profile]`). 3. **You are now able to give your AWS service access to this S3 bucket through an IAM role with appropriate bucket permissions.** Example policy below: ``` { "Version": "2012-10-17", "Statement": [ { "Action": [ "s3:PutObject" ], "Resource": [ "arn:aws:s3:::[cross-account-bucket-name]", "arn:aws:s3:::[cross-account-bucket-name]/*" ], "Effect": "Allow" } ] } ``` And that's it! Once configured, the Finley team will provide additional guidance on preferred CSV data formats, and you’ll be able to programmatically drop CSV files into the bucket that we would incorporate into the required reports for capital provider submission. ## Uploading files after setup Once the bucket is live, you will be able to upload files to it that Finley will now have access to. AWS has a suite of API and CLI tools to get this job done outlined [here](https://docs.aws.amazon.com/AmazonS3/latest/API/Type_API_Reference.html). # SFTP Setup Guide (Client-Hosted) ## Overview Finley uses SFTP data transfer to take in customer asset tapes on a regular cadence. This guide walks you through our preferred data transfer setup. ### Authentication #### Option A - SSH Key-based authentication The SSH key-based authentication method is **more secure**. In order to set this up, the client-hosted SFTP server must support key-based authentication. 1. Provide a username and supported key type to the Finley support team via email. Please provide the following information to : 1. Your SFTP username 2. The SSH key type and bit strength - Finley is able to support the following key types and bit-strength: 1. RSA 4096-bit **(Recommended)** 2. ECDSA 256-bit 3. ECDSA 384-bit 2. **Finley sends you a public key via email.** Finley will generate SSH key pairs and will provide the **Public Key** for SSH key-based authentication. 3. **You will configure an authentication authorized\_key.** This step may vary depending on how your SFTP server is configured. 4. **Finley conducts the connection test.** The Finley support team will confirm the SFTP connection has been established and try to fetch test file(s) from your SFTP server(s). Please upload a “test.txt” file to your SFTP server so the Finley support team can verify the SFTP connection. #### Option B - Password-based authentication Finley is also able to use password-based authentication if SSH key-based authentication is not configured on your SFTP server. 1. **Email a username and password to the Finley support team.** Please generate an SFTP username and password for the Finley data-poller, and send them to via an encrypted email. 1. Note: If you are not able to send an encrypted email, please let us know the password length and constraints (supported characters, required characters, etc). Finley will generate our own password with the provided constraints and send it via an encrypted email. 2. **The client configures password authentication.** This step may vary depending on how your SFTP server is configured. 3. **Finley conducts the connection test.** The Finley support team will try to establish an SFTP connection and try to fetch test file(s) from your SFTP server(s). Please upload a “test.txt” file to your SFTP server, so the Finley support team can verify the SFTP connection. ### Data Poller Details The Finley SFTP data-poller uses the short-polling method to determine if any files need to be fetched from your SFTP server. **High-water mark.** The data-poller utilizes a high-water mark to reduce the number of files to fetch. In short, we keep track of the timestamp (high-water mark) from our last successful fetch attempt and only try to fetch any files that are newer than that timestamp. In order to enable this optimization, please make sure the directories and files on your SFTP server have accurate timestamps for the “last modified” time. We are also able to disable this feature; however, this will increase the load on your SFTP server. **If the modified timestamp cannot be accurately set, please let the Finley Support team know.** **Polling Interval.** The data-poller is configured to poll for new files in 1-hour intervals by default. The polling interval can be modified per the client's request. The shortest polling interval is 1 min. ## Questions? If you have any questions, please reach out to and our team would be glad to help! # SFTP Setup Guide (Finley-Hosted) ## How to integrate and upload data to the Finley-hosted SFTP server Once you’ve decided on Finley-hosted SFTP as your preferred method to upload data, you’ll need to: 1) authenticate your computer, and 2) connect to the Finley-hosted SFTP server. This guide walks you through two options for Step 1 (Authentication), either of which will enable you to move on to Step 2 (Connection). ### Step 1: Authentication #### Option A - SSH key-based authentication The SSH key-based authentication method is **more secure.** In order to set it up, you will need to generate an SSH key pair and follow the steps below. 1. **Create SSH Keys.** The first step to configure SSH key-based authentication is to generate an SSH key pair on your local computer. The ssh-keygen utility tool can be used to generate this key on Mac OS X- or Linux-based systems. We recommend using a 4096-bit RSA keypair. The code for generating this key pair is below: `>$ ssh-keygen -t rsa -b 4096 -f -C ` 2. **Send your public key to Finley via email.** You can find your newly generated key pair using the -f option specified during key generation in Step 1. You will need to send us your public key by email to . `>$ ls /path/to/` `key-generated <--- Private key, Please keep it secure and do not lose it` `key-generated.pub <--- Public key, OK to share with anyone`
3. **Obtain a username and verify that you are able to connect.** Upon receiving your public key, the Finley support team will configure your SFTP account. Afterwards, you will receive a follow-up email with your SFTP username. Once your username is obtained, you can verify your SFTP connection. To do so, please refer to the Connect to the Finley-hosted SFTP server section of this document below. 1. Note: If you’re still unable to connect to SFTP, please contact and we will be happy to help you. If your private key is lost or compromised, please contact immediately. We will revoke the access to the existing SSH keys associated with your account, and ask you to regenerate an SSH keypair. #### Option B - Password-based authentication If you’re not comfortable accessing Finley’s SFTP server via SSH key-based authentication, our team can help you configure password-based authentication. 1. Email the Finley team for a username and password. In order to obtain your password, please email and your username and password will be provided to you via an encrypted email. 2. (If necessary) Reset your password. If you lose your password, please contact and we will provide a new password for your existing username via an encrypted email. ### Step 2: Connect to the Finley-hosted SFTP server You can connect to the Finley-hosted SFTP server with any tool of your choosing. Below, we provide examples of how you can connect via a CLI tool or the Cyberduck client. **Connecting via an SFTP CLI tool with SSH key-based authentication** `>$ sftp -i @sftp.finleycms.com` **Connecting via an SFTP CLI tool with password-based authentication** `>$ sftp @sftp.finleycms.com` `password: <--- enter your password` **Connecting with the Cyberduck client** ## Questions? If you have any questions, please reach out to and our team would be glad to help! # Setting up Bank Data Integrations ## Overview By integrating your bank data, you can allow Finley to auto-populate reports and funding requests with bank data without needing to send regular updates manually. To do so, navigate to the Settings page, then to the “Bank Integrations” tab. You can connect to your bank account(s) via Plaid or Teller. To do so, click “Connect new account” under your platform of choice and follow the prompts in the pop-up window. ![Bank Data Integration](/files/pROHrbuVJKa6PDZum3Oe) ### Step-by-step instructions 1. **Log in to your financial institution account in Finley’s Settings page.** Navigate to the Settings page within Finley and select the Integrations tab. Then, click the “Connect new account” button. You’ll see a prompt that allows you to choose your financial institution and enter your login information. (Note: It may take a few minutes to integrate your bank account after logging in. You will see a message appear from the top of the screen indicating that the integration is in progress.) 2. **Once you’ve connected your financial institution, you’ll need to select which accounts should have an active connection Finley and how each account should be classified.** Any account that needs to be monitored or reported on as part of your debt raise should be “Active.” The three account classification options are Parent Operating Account, Collections Account, and Other Reserve Account. Finley will automatically save your configuration changes as you make them. 3. **Repeat Steps 1 and 2 for all relevant financial institutions.** If all of your debt capital-related accounts are provided by the same bank, you only need to complete Steps 1 and 2 to complete your bank data integration setup. If you have accounts across multiple banks however (a Parent Operating Account with Chase and a Collections Account with Wells Fargo, for example), you’ll need to repeat Steps 1 and 2 for all required financial institutions. ### Questions? If you have any questions, please reach out to and our team will be in touch shortly. # Receivable Assignment ## Overview For borrowers with limited origination history and a single credit facility, receivable assignment is a relatively straightforward part of the funding request or borrowing base generation process. However, receivable assignment becomes significantly more operationally and financially complex as fintech startups and other lenders bring on new credit facilities or decide to keep some of their originations on their own balance sheet. Finley's application supports receivable assignment across multiple facilities, which enables borrowers to optimize their assignment pledging across different lenders. ## Receivable assignment ### Summary To use the receivable assignment feature, navigate to the Assignments module and click Edit Assignment.
From there, you will be given a choice to assign receivables in the application, or by CSV.
Finally, you can confirm your assignments in the application.
# Custom Strats ## Overview The Borrowing Base / Strats page provides detailed views of strats, or in-depth analyses of borrowing base composition and performance. These pages include breakdowns of collateral across a number of dimensions, including: * Industry * Cohort * Delinquency * Losses over time As an add-on capability, the Finley team can set up Custom Strats beyond those available in the Strats capability and the Report Builder. # SSO ## Overview If this module is purchased, the Finley team will set up SSO functionality and account permissioning within the Customer's user organization. This allows for easier and more secure Finley platform access and segments viewing permissions based on user and role. # Collateral Data Quality, Roll-Forward Analysis ## Overview The Receivable Dashboard empowers the Customer with deep insights to analyze and monitor the evolution of their receivables over time and their impact on borrowing capacity. By storing receivable balance and repayment data, Finley can calculate discrepancies related to roll-forward on any given receivable in real-time. Finley will provide advance alerting for any roll-forward discrepancies, while also visualizing the evolution of receivables over the term of your facilities. # Asset Verification ## Overview Finley will verify that the calculated Receivable Balance matches balances reported in the most recent data tape or portfolio documents. The frequency will be in conjunction with all Term Advances, Monthly Servicing Report submissions, and other distributions (e.g., recycling) as permitted by the Lender. The greater of a defined percentage or quantity of portfolio documents will be verified on a monthly basis. # Forward Flow ## Overview The Customer will utilize the Finley platform to generate ongoing servicer reporting and corresponding receivable sale agreements. Additional Forward Flow artifacts and templates can be set up with the Finley team to support the transaction. Dynamic purchase prices based on covenants are supported.