Free tools for lenders and MGAs.
Work out the numbers and check the paperwork before an application reaches your credit team or an underwriter. Each tool runs in your browser, so nothing leaves your device.
For lenders.
DSCR calculator
Work out the debt service coverage ratio of a business loan, with annuity or linear repayment, and the largest loan that meets your target.
Open the toolBridging loan calculator
Work out the gross and net bridging loan, the interest, the fees, the loan to value and the amount due at exit, with retained, rolled-up or serviced interest.
Open the toolDevelopment finance calculator
Work out loan to gross development value (LTGDV), loan to cost, day-one loan to value and the equity the borrower must put in.
Open the toolFCCR calculator
Work out the fixed charge coverage ratio in its common covenant form, and see how it compares with the DSCR on the same figures.
Open the toolCredit memo template
A printable credit memo template for business lenders, with a prompt for each section. Copy it as text or print it.
Open the toolFactoring debtor ledger check
Check a factoring or invoice finance client's debtor ledger for concentration, ageing, duplicates and credit notes before onboarding.
Open the toolLoan document checklist
Pick the loan and the kind of company, and get the documents to ask for, with a message you can send the applicant.
Open the toolDocumenten voor een zakelijke lening
Welke documenten een kredietverstrekker vraagt bij een zakelijke kredietaanvraag, met bij elk stuk wat je controleert. In het Nederlands.
Open the tool
For MGAs.
ACORD 125 check
Commercial insurance application: what each part asks, plus a check that lists blank fields and unsigned signatures.
Open the toolACORD 126 check
Commercial general liability section: what each part asks, plus a check that lists blank fields and unsigned signatures.
Open the toolACORD 140 check
Property section: what each part asks, plus a check that lists blank fields and unsigned signatures.
Open the toolLoss ratio calculator
Enter the figures from a loss run to get the loss ratio, claim frequency, and average claim per policy year.
Open the toolStatement of values check
Find blank COPE fields, values that don't add up, and repeated addresses in an Excel or CSV schedule.
Open the tool
Try the MGA tools on a sample.
A made-up metalworking business, in English and in Dutch. The files hold two gaps and one contradiction for you to find.
A case file ready for your credit team.
The form says turnover was 2.4 million. The annual accounts say 2.18 million. Klarefi reads the application, the accounts and the bank statements together, asks the applicant about the difference while they are still applying, and adds the answer to the file.
net turnover for the year of €2,184,300 from continuing operations
Free to start. Data stored in the EU by default.
Send applicants one link
They upload the accounts, the bank statements and the rest of your list, from any device.
Klarefi checks each application
It reads every document, compares the numbers, and asks the applicant in a chat for anything missing or unclear.
Your credit team reviews one file
Every number links to the line it came from. Anything still open stays visible for review.