ServicesPledgeCheck
Set the the new standard for collateral integrity
PledgeCheck creates greater transparency by validating asset uniqueness and identifying double pledging across facilities.
The Problem
Asset ownership is reported by borrowers. No one can prove it's accurate.
What’s actually being pledged?
Lenders rely on borrowers to report which assets secure each facility, with limited independent visibility into those representations.
Can the same asset be tracked consistently?
Collateral tapes use different formats and identifiers, making it difficult to consistently identify the same asset over time and across facilities.
Is the same asset pledged more than once?
Without a cross-facility view, lenders may not know when the same asset appears in multiple facilities.
OUR APPROACH
Independent validation for every pledged asset
01
Connected Reporting
Create a consistent originator ledger
Integrate with borrower systems and reporting to create a consistent record of the assets borrowers report across facilities.
02
Asset-Level Checks
Run comprehensive checks on every asset
Check borrower-reported asset data for consistency across identifiers and reporting, flagging discrepancies for review.
03
Cross-Facility Visibility
Identify potential double pledging
Cross-reference assets across facilities to flag collateral that appears to be pledged more than once.
Maintain an independent layer of protection
Strengthen collateral controls
Add an independent check to borrower-reported asset data before capital is deployed.
See risk across facilities
Gain visibility into potential double pledging that may not be apparent within a single facility.
Act earlier on potential issues
Surface discrepancies sooner so teams can investigate before risk compounds.
Build greater confidence with your capital providers
Less operational drain
Surface inconsistencies and potential overlaps earlier so your team can address them before they create funding friction.
Build trust with capital providers
Independent validation can help demonstrate stronger controls and greater transparency in your collateral reporting.
Audit-ready by default
Create a clearer, more consistent collateral record across facilities so questions are easier to resolve.
FAQ
Need answers?
PledgeCheck is Setpoint's certification for collateral integrity and part of Capital OS. It runs automated cross-facility checks and issues a real-time certificate confirming that every pledged asset is unique, accurately reported, and backed by real cash.
PledgeCheck runs three checks before it certifies a pool. Uniqueness confirms each asset sits in only one active facility. Data integrity confirms key fields stay consistent across reports and over time. Completeness confirms reported collections match the cash that arrived.
PledgeCheck is proof, not a promise. Covenants and warranties record what a counterparty agreed to. The certificate records what the data shows, an independent layer of protection those instruments can't provide.
No. Cross-counterparty checks run without exposing anyone's book. Every party relies on the same certification. No party sees another's data.
No. Borrowers can simply upload their data and PledgeCheck certifies it for any capital provider. Teams already running full funding operations on Setpoint don’t have to worry about double pledging, because collateral and funding requests live in one auditable system. PledgeCheck extends that same certainty to everyone else.