Commercial operations

Keep the advance, repayment and residual history together.

Assess qualifying future income against agreed criteria, record approvals and monitor repayments. Review the assumptions behind the advance alongside the relevant portfolio history.

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What it handles

Assess eligibility and manage advances against qualifying future residual income.

Lease & Finance capability

What Residual advances covers

Assess eligibility and manage advances against qualifying future residual income.

01

Eligibility and valuation inputs

02

Advance terms and approval controls

03

Exposure and repayment monitoring

04

Partner, portfolio and transaction history

Workflow notes

Residual advances in practice

A business considers an advance against qualifying future residual income. The supporting record needs to distinguish assumptions about future receipts from realised income.

What to prepare

Prepare the eligible residual history, commercial terms, adjustments and responsibilities for servicing the arrangement.

Review the workflow

  1. Review eligibility against the agreed provider or commercial criteria.
  2. Document the basis of the proposed advance and its assumptions.
  3. Track the agreement and subsequent servicing against the relevant income record.

Can a projection be treated as guaranteed future income?

No. Future activity, portfolio changes and commercial terms can affect receipts. Keep assumptions visible and confirm the actual eligibility, offer and agreement with the responsible provider or counterparty.

Related tools for your team

Before you set it up

Check eligibility, income assumptions and repayment exposure against the residual history supporting the advance.

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Related capabilities

Walk through your finance requirements.

Bring a typical funding application, acquirer statement or commission agreement. We will show the relevant workflow and explain the available modules.

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