01What is the difference between Lenderwize and Invoicewize?
Lenderwize is the originator and servicer, and holds the institutional funding relationships; it is the entity a lender contracts with. Invoicewize is the platform sellers use to onboard, submit delivered volume and draw liquidity. Same verification model and payment rails, opposite sides of the transaction. This site is for capital providers; sellers should go to Invoicewize.
02How long have you been doing this?
Since 2017. The platform in its current form was built from 2020 and has processed over a billion dollars of trade receivables since launch. The senior secured facility is more recent, and the diligence behind it examined the whole history rather than the recent part.
03Who are the key people, and what happens if they leave?
Three individuals are named in the facility documentation as key persons: the chief executive, the chief technology and operations officer, and the head of capital markets and origination. If any of them ceases to devote their time to the business the facility has a defined drawstop, released on a qualifying replacement being appointed. It is a real constraint rather than a comfort clause, and it was the lender's requirement rather than our suggestion.
04Are you a lender?
Not with its own balance sheet at scale. We originate, verify and service receivables, and we fund them through institutional facilities secured on the assets. A minimum seller deposit sits beneath the lender advance on every transaction, so the originator is not risk-free in the structure, but the senior capital is institutional.
05How do you earn revenue?
We charge a servicing fee on funded receivables, separated from the seller advance in the same payment instruction and visible as a distinct tagged transfer in the payment layer. It is shown on the architecture schematic rather than described in the abstract.
06Who owns the receivables?
They are legally assigned to a bankruptcy-remote SPV before funding, with notice to the debtor where applicable. The security package over that SPV, the account pledge, debenture and share pledge, is set out instrument by instrument in the structure note.
07How are collections controlled?
Each debtor settles to a unique virtual account number resolving to the SPV collection wallet, with routing fixed in the debtor's pre-signed confirmation before any funding occurs. Every party holds a segregated wallet in its own name inside the deed of charge. There is no common operating account through which collections pass.
08How are debtors validated, and what makes a receivable eligible?
Debtors are tested on consolidated revenue, tangible net worth, trading history with the seller, delinquency experience and jurisdiction. Receivables are tested at purchase date on term, size, governing law, debtor confirmation, insurance cover, seller deposit and the absence of dispute, offset or fraud indicator. The full criteria are published on the home page rather than held back.
09Which sectors and jurisdictions do you cover?
The book is deepest in wholesale telecommunications, deliberately, because it is one of the most demanding verification environments in B2B receivables. Expansion into adjacent metered verticals is phased, capped by concentration limits and gated on performance. Core debtor jurisdictions are the UK, EEA, US, Canada and UAE, with secondary jurisdictions capped as a proportion of the pool.
10How is credit insurance used?
Cover against non-payment is a mandatory eligibility condition on every receivable. It sits behind the debtor confirmation, the security package, the concentration limits and the seller deposit rather than in place of them. A structure whose only real protection is an insurer's continued appetite has a well-documented failure mode in this asset class.
11What happens if a seller fails?
The receivable has already been assigned to the SPV and the debtor has already been instructed to pay a fixed account, so collection does not depend on the seller continuing to exist. The seller's deposit remains available, and its wallet sits inside the same deed of charge as the rest of the perimeter.
12What happens if a debtor pays late, or only in part?
Partial payments are allocated against the asset without closing it; the residual stays outstanding and visible, and seller reimbursement is deferred until the asset closes. Recovery runs as a structured escalation with defined service levels and multi-jurisdiction legal capability, reported to funders throughout.
13Which functions do you perform yourselves, and which sit with third parties?
We are the servicer. We work with regulated payment institutions and credit insurers rather than substituting for them, and the agent, security agent and cash manager roles sit with an independent administrator. A programme in which one party performs every function has a single point of failure.
14How is data protected?
Core infrastructure vendors hold SOC 2 Type II attestation; vulnerability scanning and penetration testing run continuously through a CREST-accredited provider; endpoint protection is enterprise-grade; and there is a named information security and data protection lead. A tested business continuity plan covers the platform, the payment rails and the data layer. Reports are available in the data room.
15How does a lender start diligence?
Request data room access from the home page. Tier 1 is a programme summary with no NDA. Tier 2 is the full diligence pack under NDA, including static pool and vintage performance, dilution and delinquency history, concentration tables, audited financials and the security and continuity documentation. A live read-only walkthrough of the platform is available at Tier 2 for credit teams who would rather watch the flow than read about it.
Not answered here
Structural and legal questions are answered in the structure note, which covers the security package instrument by instrument, enforcement, servicer replacement and the questions credit committees ask most often. If your question is not in either place, put it in the note field when you request access; it goes to the person who negotiated the clause.
Read the structure note
