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INV-1025

Kaiser Permanente

Originated by BlueRidge Working Capital · Healthcare services
A
94.6/100
Target yield
10.4%
Term
48d
Face value
$131,100
Advance
90%

Credit model

Expected loss = PD × LGD × EAD, sized to a stressed reserve. The advance and yield fall out of the loss math.

PD (annualized)
0.13%
0.02% over term
LGD
10%
loss given default
Dilution
0.5%
disputes / short-pays
Exposure (EAD)
$117,990
advanced to originator
Expected loss
$534
0.45% of exposure
Reserve
10%
held back as buffer
How the 10.4% yield is priced
Funding cost+ 5.50%
Expected loss (annualized)+ 2.75%
Servicing+ 1.50%
Risk premium+ 0.60%
Investor target yield10.40%

Risk signals

The inputs behind the score of 94.6. Higher bars are safer.

Originator tenure58
Originator cash-flow stability72
Payor scale92
Debtor credit quality99
Debtor payment speed84
Invoice verification90
Invoice concentration75

Deal terms

Debtor
Kaiser Permanente
Debtor credit
Grade A
Avg days to pay
41 days
Issued
2026-06-14
Due
2026-08-13
SMB fee
1.54%
Amount advanced
$117,990
Originator monthly rev
$250,000
Funding progress0%
$0 of $117,990 funded
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