Family B · Running products and operations
MeshFin Finance
Business and corporate lending
Facilities for businesses from request to annual review: the financial statements spread and analysed with every figure cited, structure and covenants proposed within policy, covenants tested on the date, and every approval, variation and waiver held for a credit approver.
MeshFin Finance (MF-09), the service for business and corporate lending, is one of the twenty-four MeshFin services, in the "Running products and operations" family, which follows the BIAN Operations and Execution business area. It covers the BIAN service domains Corporate Loan, Credit Facility, Syndicated Loan, Leasing, Underwriting, Customer Credit Rating, Financial Statement Assessment, Collateral Allocation Management and Credit and Margin Management in whole or in part. Facilities for businesses from request to annual review: the financial statements spread and analysed with every figure cited, structure and covenants proposed within policy, covenants tested on the date, and every approval, variation and waiver held for a credit approver. It replaces commercial origination system, credit memo in a word processor, covenant spreadsheets and annual review reminders. AI agents carry the work end to end; a named person takes every decision with legal or financial effect on a customer, the balance sheet or a regulatory obligation. It is core for a universal and retail bank, common for a mutual and community bank, common for a non-bank lender and fintech.
BIAN service domains this service covers
In the BIAN Operations and Execution business area of the Service Landscape 14.0, in whole or in part. Lay this over your own BIAN map to see what MeshFin Finance covers and what stays. BIAN has not reviewed or endorsed MeshFin.
- Corporate Loan
- Credit Facility
- Syndicated Loan
- Leasing
- Underwriting
- Customer Credit Rating
- Financial Statement Assessment
- Collateral Allocation Management
- Credit and Margin Management
What it replaces
- Commercial origination system
- Credit memo in a word processor
- Covenant spreadsheets
- Annual review reminders
What it reacts to
- Facility requested
- Financial statements lodged
- Covenant test date
- Annual review due
- Limit excess
- Guarantee called
The agents that carry it
Financial analysis agent
Spreads the financial statements, computes the ratios, compares to the industry and drafts the credit memo with every figure cited to its source.
Structuring agent
Proposes facility structure, security and covenants within policy and prices from the policy grid.
Covenant agent
Tests covenants on each date from lodged statements and raises breaches to the relationship manager with the options.
Review agent
Prepares the annual review pack: performance, risk grade movement, security value and the recommendation.
Where a person decides
No decision with legal or financial effect on a customer, the balance sheet or a regulatory obligation is taken by an agent alone. In MeshFin Finance, these decisions are held for a named person, with the agent's evidence and recommendation attached.
| Decision | Who decides | Why a person |
|---|---|---|
| Every facility approval, variation, annual review decision and covenant waiver | Credit approver with the delegation | Commits the balance sheet |
| Risk grade override | Credit risk delegate | Drives provisioning and capital |
Records it writes
Credit memo with sources · Approval with conditions · Covenant test record · Security register entry
Before MeshFin: the baseline this service is measured against
Illustrative figures for a mid-sized institution on the systems the service replaces. Sample data, not a customer's. A live service reports what its agents are doing instead.
Time to credit memo
9 days
today, mostly spreading by hand
Covenants tested on the date
58%
today
Annual reviews overdue
17%
of the book today
Security values current
partial
revalued on a cycle, not on a trigger
Institutions: core for a universal and retail bank, common for a mutual and community bank, common for a non-bank lender and fintech. Universal and retail bank ● · Mutual and community bank ◐ · Non-bank lender and fintech ◐.
Questions banks ask about MeshFin Finance
- What does MeshFin Finance do?
- MeshFin Finance is the MeshFin service for business and corporate lending. Facilities for businesses from request to annual review: the financial statements spread and analysed with every figure cited, structure and covenants proposed within policy, covenants tested on the date, and every approval, variation and waiver held for a credit approver. It reacts to events such as facility requested, financial statements lodged and covenant test date, and writes credit memo with sources, approval with conditions, covenant test record and security register entry as records.
- Which BIAN service domains does MeshFin Finance cover?
- Corporate Loan, Credit Facility, Syndicated Loan, Leasing, Underwriting, Customer Credit Rating, Financial Statement Assessment, Collateral Allocation Management and Credit and Margin Management, in the BIAN Operations and Execution business area, in whole or in part. The mapping is to the published BIAN Service Landscape; BIAN has not reviewed or endorsed MeshFin.
- What systems does MeshFin Finance replace?
- Commercial origination system, Credit memo in a word processor, Covenant spreadsheets and Annual review reminders. Because the service runs on the MeshFin platform, the licence, integration and upgrade costs of those systems retire with them.
- What do the AI agents do in business and corporate lending?
- The financial analysis agent spreads the financial statements, computes the ratios, compares to the industry and drafts the credit memo with every figure cited to its source. The structuring agent proposes facility structure, security and covenants within policy and prices from the policy grid. The covenant agent tests covenants on each date from lodged statements and raises breaches to the relationship manager with the options. The review agent prepares the annual review pack: performance, risk grade movement, security value and the recommendation.
- Which decisions does a person still take?
- Agents never take a decision with legal or financial effect on a customer, the balance sheet or a regulatory obligation. In MeshFin Finance, a person decides every facility approval, variation, annual review decision and covenant waiver (credit approver with the delegation) and risk grade override (credit risk delegate). The record shows who decided, why, on what evidence and under which delegation.