> For the complete documentation index, see [llms.txt](https://docs.pledgepath.io/pledge-path/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.pledgepath.io/pledge-path/readme.md).

# Pledge Path

Operational infrastructure for asset-based credit facilities.

## Operational infrastructure for asset-based credit

Pledge Path brings facility terms, collateral data, calculations, transactions, and reporting into one operating system for asset-based credit.

Borrowers, lenders, and service providers use it to manage facilities from onboarding through recurring operations and reporting. Instead of relying on disconnected spreadsheets, servicer files, and email, teams work from a structured facility model and a shared record of the data, calculations, and workflows around it.

### Facility modeling

The Pledge Path team models each facility from the credit agreement, turning its structure, rules, and calculations into a clear, reviewable representation.

* See eligibility criteria, concentration limits, triggers, and calculations in plain language.
* Understand how the facility terms flow through the borrowing base and payment waterfall.
* Maintain a consistent facility model across amendments, reporting periods, tranches, and lender positions.

### Surveillance and analytics

Monitor how collateral and facility performance change over time.

* Track portfolio performance, concentrations, triggers, and collateral drift.
* Analyze trends across reporting periods and collateral segments.
* Build facility- and asset-class-specific views, metrics, and scenarios.

### Operational workflows

Run recurring facility activity through structured, repeatable processes.

* Standardize and validate collateral tapes.
* Process borrowing bases, waterfalls, transactions, and reconciliations.
* Review exceptions and complete quality-control workflows with AI assistance.

### Reporting, integrations, and auditability

Keep facility information connected, reviewable, and ready to share.

* Produce configurable Excel and PDF reporting.
* Connect facility data with internal systems and structured exports.
* Maintain a centralized record of transactions, documentation, source data, and calculations.

### AI across the platform

Pledge Path AI provides a conversational interface to the facility information already structured in Pledge Path. It can analyze collateral and transactions, explain credit logic, produce facility views, and preview model changes using the same data and calculations that support operations and reporting.

Learn how Pledge Path AI works