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INV-1031

The Home Depot

Originated by Harbor SMB Advance · Construction
A
94.3/100
Target yield
10.5%
Term
41d
Face value
$16,900
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)
1.24%
0.20% over term
LGD
14%
loss given default
Dilution
0.5%
disputes / short-pays
Exposure (EAD)
$15,210
advanced to originator
Expected loss
$73
0.48% of exposure
Reserve
10%
held back as buffer
How the 10.5% yield is priced
Funding cost+ 5.50%
Expected loss (annualized)+ 2.91%
Servicing+ 1.50%
Risk premium+ 0.60%
Investor target yield10.50%

Risk signals

The inputs behind the score of 94.3. Higher bars are safer.

Originator tenure38
Originator cash-flow stability64
Payor scale92
Debtor credit quality99
Debtor payment speed93
Invoice verification90
Invoice concentration100

Deal terms

Debtor
The Home Depot
Debtor credit
Grade A
Avg days to pay
35 days
Issued
2026-06-07
Due
2026-08-06
SMB fee
1.55%
Amount advanced
$15,210
Originator monthly rev
$180,000
Funding progress0%
$0 of $15,210 funded
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