Capital Administration Services

Overview

Concord Servicing delivers a comprehensive suite of Capital Administration Services that provide accuracy, independence, and transparency across structured finance, private credit, and capital markets facilities. From collateral verification to investor reporting, Concord acts as the trusted third party that ensures transactions run smoothly, risks are mitigated, and investors have the confidence to commit capital.

Our integrated solutions span the entire lifecycle of a transaction, servicing oversight, document custody, data verification, borrowing-base management, calculation of waterfalls, fund administration, and investor reporting. Together, these services form the control layer that capital markets and private credit participants increasingly require for governance, compliance, and risk management.

Our Capital Administration Services

Backup Servicing

Contingency servicing to ensure continuity in the event of servicer disruption.

• Rapid onboarding of portfolios if primary servicer fails or exits.
• Maintains parallel systems for data integrity and readiness.
• Provides investor confidence in uninterrupted cash flow.
• Benefit: Protects facility stability and investor returns with a proven continuity plan.

Collateral Management

Ongoing oversight and administration of collateral pools.

• Tracks collateral movements, substitutions, and releases.
• Monitors eligibility status, concentrations, and performance.
• Ensures compliance with facility documentation.
• Benefit: Provides real-time visibility into collateral performance, preserving facility strength and investor security.

Custodial Services

Secure safekeeping of financial documents and collateral records.

• Stores original loan/lease agreements and supporting files.
• Maintains auditable chain of custody.
• Offers digital access and eVault capabilities.
• Benefit: Protects enforceability, streamlines audits, and supports investor trust in capital markets transactions.

Verification Agent

Independent oversight of collateral data, performance metrics, and covenant compliance.

• Validates loan tapes and borrower data against documentation.
• Independently recalculates tests and triggers.
• Identifies exceptions and reports breaches promptly.
• Benefit: Reduces reliance on self-reported data, protects investors, and enhances transparency.

Calculation Agent

Accurate, independent performance testing and cash-flow allocations.

• Performs monthly waterfall calculations and distributions.
• Prepares investor/lender reports.
• Monitors OC/IC tests, delinquency ratios, and concentration limits.
• Benefit: Provides investors with trusted, auditable reporting that reduces disputes and builds confidence.

Borrowing-Base Verification

Independent recalculation of borrowing bases to prevent over-funding.

• Tests asset eligibility against facility criteria.
• Recomputes advance rates and haircuts.
• Reviews draw requests and issues exception reports.
• Benefit: Ensures borrowing capacity is always supported by conforming collateral, protecting investors from excess advance risk.

Fund Administration

Independent administration and reporting for funds and private credit vehicles.

• NAV calculation, fee administration, and capital account management.
• Oversight of fund cash flows and reconciliations.
• Preparation of periodic investor statements and compliance reporting.
• Benefit: Improves transparency, reduces operational risk, and supports LP/investor governance requirements.

Investor Reporting

Timely and accurate reporting tailored to investor and regulatory requirements.

• Monthly and quarterly investor statements.
• Detailed loan-level and portfolio performance reporting.
• Custom dashboards for rating agencies, trustees, and investors.
• Benefit: Builds confidence through transparency, improves marketability, and simplifies investor communications.