TL;DR - Fence
- Unifies asset-backed finance workflows on a single platform for continuous rule enforcement.
- Provides real-time asset verification, covenant calculation, and cash management for lenders and originators.
- Connects directly to data sources, eliminating manual processes and reducing operational overhead.
Pricing: Paid only
Best for: Enterprises & pros
4.5/5 across review platforms
Pros & Cons
Pros
- Significantly reduces funding times from days to hours (T+0 instant funding).
- Enables institutional capital for a wider range of high-frequency, granular asset classes.
- Achieves 100% continuous portfolio verification, replacing sample-based annual audits.
- Lowers the cost of capital by increasing transparency and reducing perceived risk.
- Eliminates manual reconciliation and spreadsheet-based workflows through direct data integration.
Cons
- Requires integration with existing originator and servicer systems.
- Specific pricing details are not publicly available, requiring a demo or consultation.
Ratings Across the Web
4.5(14 reviews)
Ratings aggregated from independent review platforms. Learn more
Key Features
Continuous Asset Verification (100% of assets verified against independent sources)Live Calculation Agency (Eligibility, covenants, waterfalls, and certificates calculated on live data)Same-Day Cash Management (Funding, intraday recycling, and waterfall execution)Data Analysis & Portfolio Aggregation (Simulations, projections, and unified analytics across SPVs)Direct Integration with Originator Backends (e.g., Visa, Stripe, Bank APIs, DocuSign)Digitization of Facility Terms (Encode covenants, eligibility, and waterfall logic into executable rules)Real-time Operations (Continuous monitoring, cash tracing, and automated funding)Audit-ready Reporting and Immutable Logs
Pricing
Paid
Fence offers paid plans. Visit their website for current pricing details.
What is Fence?
Fence offers a unified platform for asset-backed finance, replacing fragmented workflows with continuous enforcement of facility rules. It provides maximum control and transparency for lenders while minimizing financial and operational burdens for originators. The platform integrates directly with originator backends, payment service providers, and third-party databases to ensure real-time data flow without manual intervention.
Fence delivers four core agency functions: continuous asset verification, live calculation of eligibility, covenants, and waterfalls, same-day cash management, and comprehensive data analysis and portfolio aggregation. This approach enables instant funding, automated operations, and continuous insights, making high-frequency, granular asset classes viable for institutional capital and significantly reducing the cost of debt through increased transparency.
Reviews
Be the first to review Fence
Your take helps the next buyer. Verified LinkedIn reviewers get a badge.
Write a reviewFence FAQ
How does Fence ensure the accuracy of asset verification compared to traditional methods?
Fence performs continuous, 100% verification of assets against independent sources, rather than relying on sample-based annual audits. This ensures every asset is validated with audit-ready, immutable logs.
What types of data sources can Fence integrate with to automate financial operations?
Fence connects directly to various data sources including originator backends, payment service providers like Visa and Stripe, bank APIs, and registries such as DocuSign, ensuring data flows from the source without human intervention.
How does Fence facilitate the expansion into new asset classes for institutional investors?
By providing continuous verification and real-time data, Fence makes high-frequency, granular asset classes like MCAs, card receivables, and daily-originated loans viable for institutional capital, expanding beyond traditional asset classes.
What is the role of AI in Fence's infrastructure for asset-backed finance?
AI is utilized to enhance the platform's capabilities, allowing a small team to build and maintain sophisticated infrastructure for debt operations, providing leverage to tackle areas incumbents have left untouched for decades.
How does Fence maintain neutrality in its operations for both lenders and originators?
Fence operates as infrastructure and holds no balance-sheet risk, taking no position in the deals it operates. This asset-light design ensures it acts as a trusted, neutral agent for both sides of a facility.
Can Fence be used for both new and existing Special Purpose Vehicles (SPVs)?
Yes, Fence is designed to be modular and can be mandated at the facility level for both new and existing SPVs, allowing for flexible integration into various financial structures.
Source: fence.finance