Fence

About Fence

Fence Finance is a Software-as-a-Service (SaaS) platform designed to automate the operations of debt facilities, such as reporting and payments, between lenders and borrowers. The company primarily serves businesses that need to finance a portfolio of assets, including trade finance companies, car leasing firms, and platforms offering Buy Now, Pay Later (BNPL) or Revenue-Based Financing.

Operating in the financial technology (fintech) market, Fence Finance aims to streamline and simplify the complex processes involved in managing asset-backed debt facilities. This includes automating tasks like reconciliation, drawdown management, and payment operations. The platform also supports multi-lender facilities and enables seamless transactions in the secondary market.

Fence Finance's business model revolves around providing a subscription-based service where clients pay for access to the platform's features. These features include real-time reporting, automated payment operations, and integration with existing back-office systems via API (Application Programming Interface). By automating these processes, Fence Finance helps clients reduce the time and costs associated with managing debt facilities, from the initial drawdown to ongoing payments.

The platform enhances capital efficiency by offering daily funding requests settled within 24 hours and programmable debt options. It also ensures compliance and timely payments through automated reconciliation and drawdown management. Fence Finance's robust legal setup allows clients to either use their existing credit agreements or adopt the platform's industry-standard contracts, further reducing legal and third-party costs.

In summary, Fence Finance provides a comprehensive solution for businesses looking to optimize their debt facility operations, offering faster drawdowns, lower costs, and enhanced capital efficiency.