Lenders & Banks
For lenders who make credit decisions on a borrower's model
The problem
- A credit decision, and the covenants attached to it, are frequently built directly on a borrower's own model — one your team did not build and may not have independently verified.
- A structural error in a covenant calculation (DSCR, LLCR, a debt-sculpting formula) can misstate exactly the number a facility agreement is conditioned on.
- Commissioning a full manual audit for every deal is not always proportionate to the size of the facility or the time available before financial close.
In practice
A structural audit runs in seconds, not weeks — see a real sample memo below, or run a free check on a model today.
Relevant modules
OXXON Audit
liveDeterministic structural verification for Excel financial models — a scored risk memo with evidenced findings, in seconds, not weeks.
Run it now →OXXON VERIFY
liveIndependent institutional verification: every figure within scope checked against the registered rule pack, every finding evidenced, nothing inferred.
Run it now →See what a structural audit finds in your model.