FirstSignalsRequest demo

FirstBase / Borrowing base control

Know what supports the availability figure.

FirstBase connects borrowing base certificates, supporting schedules, and agreement rules. Review the calculation and resolve exceptions before availability is updated.

Discuss FirstBaseExplore the workflow
FirstBaseIllustrative facility
Remaining availability$1.5m

Supported by the package.
Subject to review.

Base after reserves
$6.0m
Drawn amount
$4.5m
Facility cap
$7.0m
Agreement-based rules
Source-linked reconciliation
Documented approvals

From package to availability review

Bring the package, the rules, and the result together.

Borrowing base review depends on more than the certificate total. FirstBase helps your team validate the supporting information, apply the facility’s rules, and explain the resulting availability.

Extract and validate borrowing base certificates, receivables reports, inventory schedules, and supporting information. Reduce the manual preparation needed before your team can review the result.

Borrowing base certificateAvailable for validation
Receivables reportAvailable for validation
Inventory scheduleNot included in this receivables-only exampleN/A
Supporting schedulesAvailable for validation

Illustrative reporting package

Consistent eligibility, reserves, and caps

Every adjustment has a reason.

Apply facility-specific eligibility rules, exclusions, concentrations, advance rates, reserves, and sublimits. Keep the calculation tied to the agreement rather than a fresh interpretation each period.

Receivables schedule / ageing

$2.0m excluded

An illustrative eligibility rule excludes receivables more than 90 days past due. The excluded $2.0m remains traceable to individual schedule entries.

Illustrative rule and data
Certificate reconciliation
Separate illustrative exception

Resolve the difference before the update.

Certificate total
$10.0m
Supporting schedule
$9.8m
Unreconciled difference
$0.2m

Review required. This separate example is not included in the hero calculation.

Reconciliation to supporting schedules

The supporting detail matters.

Check certificate totals against the supporting data. Route differences for review before the availability update so unresolved exceptions remain visible.

A documented result gives reviewers more than a final number. Keep the inputs, adjustments and open questions in view.

An explainable calculation history

Keep the record
with the result.

Retain the source information, calculation details, exclusions, and approval record. Give reviewers a clear account of how the figure was reached.

  1. 01

    Source package

    Certificate and supporting schedules linked to the reporting period.

  2. 02

    Rules and calculations

    Eligibility, exclusions, advance rates and reserves recorded alongside the inputs.

  3. 03

    Review and decision

    Exceptions and recorded approvals retained with the resulting figure.

A conversation about your workflow

Bring more clarity to borrowing base review.

Discuss your facilities, reporting packages, and approval workflow to assess where FirstBase can support your team.

Discuss FirstBase