From first contact
to funded.
Every transaction passes three independent gates before Investment Committee consideration. No exceptions to the sequence. No delegation of the review.
Three-gate screening protocol
Intake & Screen
Sector, size, collateral, and representation check. Automated qualification logic. Unqualified submissions declined within 48 hours with reason code.
0–2 business days
Preliminary Review
Financial model, asset quality, and sponsor track record. NDA executed. Indicative term sheet issued if the project is viable.
5–10 business days
Full Diligence
Legal, title, valuation, and collateral enforcement review. All fees itemized in writing before any term sheet is executed.
3–6 weeks
Committee Approval
Majority IC (2 of 3) for $1M–$20M. Unanimous IC + LAC 48h notice for $20M–$50M. No exceptions under the Doctrine.
1–2 weeks
Funding & Monitoring
Dual-control wire protocol. Fund administrator participation. Quarterly monitoring reports to IC and LP Advisory Committee.
Ongoing
Decline reasons,
by design.
Every Gate 1 decline is recorded with a structured reason code. We share that reason with the sponsor in writing. The audit trail is preserved at the fund-administrator level so that limited partners — and, when relevant, regulators — can verify the consistency of our screening over time.
The most common decline codes: NO-COLLATERAL, OUT-OF-MANDATE, SIZE-MISMATCH, UNREPRESENTED, and USE-OF-FUNDS.