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Monitoring Agent
New instrument in a creditor's hands.
Financial guardian for creditors
WFA launched a new product – protection of creditor’s interest. Early warning signals about abnormal transactions and treat of covenants breach. Conventional accounting reports always show a delayed picture of the borrower’s financial state. By the time a creditor picks it up from an audited report, it may well be long overdue to divert a crisis.
Solution – prior to a loan drawdown, appoint a monitoring agent – Westland Finance Advisory Ltd. – who will do online monitoring of the Borrower, as a condition precedent of a loan.
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123-456-7890
500 Terry Francine Street,
San Francisco, CA 94158
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