Loan and Administration Services
Loan administration is a complex process that requires the expertise of a dynamic team of debt and capital markets specialists. Waystone's Debt Servicing team specialises in managing the entire life cycle of the loan book, utilising Bloomberg AIM for loan administration.
We handle all fund flows, calculations and portfolio administration, allowing managers to focus on asset selection and performance.
We perform all asset and administration, reconciliation and trade capture using Bloomberg AIM, as well as creating bespoke and customised client reporting daily. Our services include:
- Maintenance and management:
- Maintaining the borrower database and register of lenders
- Managing official communications between lenders and borrowers
- Ensuring up-to-date withholding tax compliance.
- Financial tracking and processing:
- Calculation of interest, tracking repayments and recoveries
- Tracking and processing principal paydowns, disbursements and manager fees
- Daily reconciliation of positions and cash accounts.
- Loan assistance:
- Supporting corporate borrowers, performing and non-performing (NPL) loans, secured and unsecured loans, leveraged loans, loan portfolios and bi-lateral, club and syndicated loans
- Manager fee calculations and assistance with rated, non-rated, public and private transactions.
- Operational support:
- Rapid onboarding and KYC processes
- Documentation review and negotiation
- Disbursement and repayment accounting
- Processing waivers and amendment requests
- Banking operations and reporting activities
- Comprehensive transaction management:
- Managing payments of principal
- Providing overall loan transaction support.