Loan Agency Services

We will act as the primary point of contact between the borrower and lenders, and managing all communication and cashflows between all relevant parties.  

This includes: 

• Receiving and allocating principal and interest on the loan and communicating them to the borrower and lender as required
• Setting up and maintaining the details of each loan to record principal and interest payments (receipts), coupon resets and confirming interest amounts
• Providing general administration services in relation to the loan facility
• Assisting with the fulfilment of all conditions precedent to financial close
• Processing utilisation requests, interest rate fixes, payment of interest, principal and fees
• Co-ordinating communication between the lenders and the borrower, including amendments, consents and waiver
• Expediting communications with third parties, including lawyers and other professional advisors
• Monitoring the overall available commitment for the facility and per lender.
• Monitoring borrower covenants by ensuring compliance with the terms of the transaction documentation

As security trustee, we will:

• Hold security on behalf of one or more creditors.
• Act as a gatekeeper for underlying security, amendments and waivers.
• Assist in taking actions in case of changes and defaults / enforcements.

As paying agent, we will:

• Manage both ad hoc and scheduled cashflow management, as well as transfers between borrowers and lenders.
• Assist in disbursement of funds on closing, interest payments, amortizations and repayment.
• Lender of record management and associated cash management.

We will:

• Manage both ad hoc and scheduled cashflow and transfers between borrowers and lenders.
• Calculate amounts based on underlying factors (e.g. interest rates or indices).
• Maintain models, as well as verify amounts based on loan economics.

Ocorian acts as an independent escrow agent to hold your assets securely in escrow and distribute them according to your instructions or the terms of your transaction agreement.