Document Center

The Document Center is a key feature of any debt management system. It is designed to help you stay organized and keep track of all your important documents in one place.

The Document Center is a key feature of any debt management system. It is designed to help you stay organized and keep track of all your important documents in one place. No more rummaging through emails or trying to remember where you filed that important statement. With the Document Center, everything is just a click away.

One of the main advantages of the Document Center is its organizational capabilities. It allows you to upload and store all your important documents, such as loan agreements, compliance certificates, and tax documents. You can categorize and label each document, making it easy to find what you need when you need it. The Document Center also provides the option to set reminders for upcoming reporting obligations or when certain documents need to be reviewed or renewed.

It provides the organization and automation you need to stay on top of your financial obligations. Say goodbye to lost documents and missed deadlines, and say hello to a more efficient and stress-free debt management experience.

The Document Center works with Reporting Templates and Customized Reporting Templates. The system organizes documents based on “Document Type” (see table below for list of Document Types).

Document Status: The status of a document can go through the following stages:

1. Coming Due - 10 days prior to a document being due it will be listed in the document center
2. Due - a document is due but within the grace period
3. Over Due - a document is due and over the grace period
4. Awaiting Signature - a document has been generated and waiting for a signature
5. Completed - after a document has been signed or manually uploaded it’s marked as complete
6. Void - no document can be deleted from the Document Center, instead they can be marked as void and new documents can be uploaded.

Reporting Table: the table below is how the Document Center is created for each debt facility managed by Cascade.

1. Document Type - how documents are organized and tagged in the Document Center. Every document in the document center is tagged to one of these tags.
2. Description - what each document is
3. LSA Section - what section in the loan agreement the reporting obligation relates to
4. Target - the Target of the reporting obligation relates to who is the reporting requirement for. The Target can be the Borrower, Guarantor, Servicer, etc.
5. Frequency - how often the reporting obligation is due.
6. Grace Period - the number of days after a report is due that it must be submitted. For example if a report is due monthly and has a grace period of 45 days that means the report is overdue 45 days after the end of the month.

Compliance Certificate: A certificate that signifies that a set of criteria has been maintained pursuant to the loan agreement
Advance Request: Document requesting funds from the Lenders
Unaudited Finanical Statements: Unaudited financial statements for a specific entity or on a consolidated basis
Aduited Financial Statements: Audited financial statements for a specific entity or on a consolidated basis
Borrowing Base Certificate: Certificate with the borrowing base certificate
Portfolio Covenant Certificate: easonably detailed calculations of the Borrower’s compliance with the Performance Covenants
Financial Covenant Certificate: Reasonably detailed calculations of the Borrower’s compliance with the Financial Covenants
Cash Balance Certificate: Ending balance of specific bank accounts
Certificate of Withholding: Proof of any tax withholding paid with respect to the Loan Agreement
Collections Report: Report outlining all cash collected by in respect of pledged receivables
Waterfall Report: Reporting documenting the outflow of cash in accordance with the waterfall of the loan agreement
Financial Plan: Forecasted financial statements
Required Filings: copies of (i) any proxy statements, financial statements or reports that the Borrower has made available to holders of debt or the Borrower’s equity securities, and (ii) any regular, periodic and special reports or registration statements that the Borrower files, in respect of the Borrower, with (A) any relevant regulatory authority under Applicable Law or (B) any national securities exchange.
Board of Director Reports: Detailed audit reports management letters or recommendations submitted to the board of directors
Certain AML Events: Immediate notice if the Borrower has knowledge that any Obligor is listed on the OFAC Lists or (i) is convicted on, (ii) pleads nolo contendere to, (iii) is indicted on, or (iv) is arraigned and held over on charges involving money laundering or predicate crimes to money laundering.