Insights
Writing from the desk.
27 September 2026
5 min read
UnderwritingWorking capitalWhy deposits, not revenue, size a facility
Revenue is an accounting outcome. Deposits are what actually arrives in the account, in the order it arrives. Only one of those tells you whether a business can carry a payment.
27 September 2026
UnderwritingDebtReading the debt stack before adding to it
Most declines are not about the business. They are about what is already sitting in front of the request — and about how little of it is visible from a single credit report.
27 September 2026
ProcessSubmissionsWhat a complete credit file looks like
A thin submission does not get a fast no. It gets a slow one, because every gap becomes a question and every question becomes a week.