Tessera
Log inGet started
← Back to marketplace
INV-1010

Coastal Logistics Co.

Originated by Summit Trade Finance · Manufacturing
C
76/100
Target yield
26.7%
Term
43d
Face value
$82,700
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)
3.36%
0.42% over term
LGD
5%
loss given default
Dilution
2.2%
disputes / short-pays
Exposure (EAD)
$74,430
advanced to originator
Expected loss
$1,488
2.00% of exposure
Reserve
10%
held back as buffer
How the 26.7% yield is priced
Funding cost+ 5.50%
Expected loss (annualized)+ 16.21%
Servicing+ 1.50%
Risk premium+ 3.50%
Investor target yield26.70%

Risk signals

The inputs behind the score of 76. Higher bars are safer.

Originator tenure100
Originator cash-flow stability90
Payor scale64
Debtor credit quality82
Debtor payment speed72
Invoice verification90
Invoice concentration100

Deal terms

Debtor
Coastal Logistics Co.
Debtor credit
Grade C
Avg days to pay
49 days
Issued
2026-06-24
Due
2026-08-08
SMB fee
2.96%
Amount advanced
$74,430
Originator monthly rev
$910,000
Funding progress3%
$2,500 of $74,430 funded
Log in to invest