Every funder wants its own report format, and I build them all by hand.
An agent that builds each funder’s package from a reconciled portfolio, watches your covenants before you breach them and keeps a record of what was sent. Your treasurer reviews and signs off.
This is how we would do it: today we don’t build funder reports for any client. What does run is the foundation, at two lenders: a portfolio that ties out to the system of record every night.
What it looks like from treasury.
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Every funder has its own format.
The same portfolio gets reshuffled every month into three or four different spreadsheets, each with its own chance of error.
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You only see your covenants at month-end.
You find out you’re close to a delinquency limit when it’s already in the report.
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The funder’s balance doesn’t match yours.
And reconciling the credit line happens by hand, whenever there’s time.
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The data room is out of date.
When a new funder asks for information, it gets built from scratch.
What would the agent do?
It would start from a single portfolio reconciled against your system of record and, from there, build each funder’s package in its own format. It would calculate your covenants using each contract’s definitions and warn you early when one gets close to its limit. It would also reconcile each credit line’s balance against the funder’s statement.
What wouldn’t it do?
Nothing goes out without a signature. Your treasurer or CFO reviews every package and decides what goes out and when. The agent doesn’t negotiate with funders or interpret contracts either: if a covenant definition is ambiguous, it flags it and asks.
- The agent
- An agent that reads your loan system and your accounting read-only, builds the reports, calculates covenants and reconciles credit line balances. It answers treasury questions with the system’s number, not an estimate.
- The accountable person
- Your treasurer or CFO owns the agent, by name. For the first 4 weeks, the agent checks with a person on every decision and action. After that, anything high-stakes —every package sent to a funder, every covenant alert— always goes through a person; simple things it handles with what it learned, and every action is logged.
- The evidence
- Every package records which portfolio cut it came from, which formula each covenant used and who approved sending it. It’s auditable: if a funder asks about a number, you answer with where it came from.
- The stop button
- If the source portfolio doesn’t tie out, the package doesn’t get built. Your team can pause the agent whenever it wants, and since it only reads, pausing it doesn’t stop your operation.
Funding comes with covenants, and covenants need watching.
Development banks set limits on delinquency and capital.
Among its criteria for onboarding intermediaries, NAFIN, Mexico’s development bank, asks for example for total past-due loans of no more than 10% and net past-due of no more than 2.5%, a capital ratio of at least 10.5% and positive profitability, plus audited financial statements and a portfolio rating. Every funder has its own version. Watching them daily costs less than discovering them at month-end.
Source: NAFIN, eligibility criteria for onboarding financial intermediaries, NAFIN FIRA modality (public document, accessed October 2026).
The foundation already runs. The report doesn’t yet.
We don’t have a funder reporting case to share. What does run, at two lenders, is what any report needs first: a portfolio that ties out to the system of record. The live proof is Luz, right below.
- A portfolio dashboard fed straight from the client’s loan system, read-only, with balance history and aging buckets.
- The nightly run fails if the reconciliation against the system of record doesn’t tie out.
Talk to Luz. Right now.
Luz runs InnovaBlack's sales conversations — not a recorded demo, the same one that answers our clients. Write to her the way you'd write to anyone.
Prefer WhatsApp? +52 33 3246 1111
Luz
Head of Sales · InnovaBlack
Tell me what your operation needs and I’ll point you to where to start.
If we’re not the right fit, she’ll tell you.
What a lender asks before starting.
- What reports do funders ask Mexican lenders for?
- It depends on each credit line’s contract. The usual set is the portfolio at cut-off with aging, past-due loans and the agreed covenants, the financial statements and, with development banks, the portfolio rating. What almost never matches is the format. That’s why every report should come from a single reconciled portfolio, not from a different spreadsheet for each funder.
- How do you avoid breaching a funder covenant?
- By seeing it before month-end. If each covenant is calculated daily with the contract’s definition and against the real portfolio, your team knows weeks ahead that it’s nearing a limit and can act: push collections on a bucket, adjust originations or talk to the funder before the report does the talking for you.
- Does the agent send reports straight to the funder?
- No. The agent builds the package, leaves it ready with its sources and flags it. Your treasurer or CFO reviews it, approves it and decides when it goes out. That sign-off is logged next to the package, which is what lets you answer later where every number came from and who approved it.
- What does it cost, and how do we start?
- You start with a free diagnostic: we review your credit lines, the formats you’re asked for, how you calculate covenants today and whether your portfolio ties out to the system, and tell you what an agent could build. Pricing comes in a formal proposal. There is a one-time activation fee and a monthly operations fee.
Tell Luz how many funders you report to.
Luz, InnovaBlack’s Head of Sales, asks what she needs and sets up the free diagnostic. If your reporting doesn’t need an agent, she’ll tell you.